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14 Nov 25 |
UK: Archer expands service offerings under five-year P&A contract in UK Archer has announced an additional contract linked to the five-year agreement with NEO NEXT Energy, originally with Repsol Resources UK and announced May 2nd, 2025. The additional contract adds a lighter Archer P&A unit for a five-year term, replacing one of Archer’s modular drilling rigs for the Fulmar platform, originally announced August 15, 2023. |
14 Nov 25 |
UK: Archer secures a 5-year contract extension worth USD 110 million Archer has been awarded a five-year contract extension for platform drilling and maintenance services in the UK with an estimated contract value of USD 110 million. |
14 Nov 25 |
Norwegian Offshore Directorate: New Dashboard provides an overview of the licensees’ petroleum resources and reserves on the NCS The new Dashboard provides an overview of the licensees’ petroleum resources and reserves on the Norwegian continental shelf (NCS). This includes data such as: Number of active production licences. Overview of discoveries and fields in operation. Estimates for remaining reserves and resources in discoveries. |
14 Nov 25 |
Colombia: Frontera announces strategic spin-off of its Colombian infrastructure business to unlock intrinsic value Frontera Energy Corporation has announced a plan to unlock significant value from its existing assets through a spin-off of its Colombian Infrastructure business, creating two independent companies: Frontera Exploration & Production and Frontera Infrastructure. The Proposed Transaction is projected to be completed in the first half of 2026. |
14 Nov 25 |
BW Offshore launches BW Elara - floating desalination solutions powered by BW Water technology BW Offshore and BW Group have established a 50/50 joint venture entity (JV), BW Elara, to design and build Floating Desalination Units (FDUs), producing fresh water from salt water to address growing global water constraints. |
14 Nov 25 |
Valeura Energy announces third quarter 2025 results Valeura Energy reports its unaudited financial and operating results for the three and nine month periods ended September 30, 2025. |
14 Nov 25 |
Solstad Maritime announces contract award for CSV Normand Ocean Solstad Maritime (SOMA) has announced that the Construction Support Vessel (CSV) Normand Ocean has been awarded a new very large contract with DeepOcean. |
13 Nov 25 |
UK: Art of the possible embraced as cutting-edge tools enhance North Sea operations Tech-savvy operators are using an impressive array of smart tools and techniques to optimise production, including from tiebacks, and cut emissions in the North Sea, a new report from the North Sea Transition Authority (NSTA) shows. |
13 Nov 25 |
UK: Prosafe SE: Safe Caledonia further extended at Captain Ithaca Energy (UK) has exercised a further seven weeks of options for the Safe Caledonia to continue providing accommodation support at the Captain field in the UK sector of the North Sea through to early February 2026. |
13 Nov 25 |
Trinidad: Touchstone Exploration announces Q3 2025 results Touchstone Exploration reports its financial and operating results for the three and nine months ended September 30, 2025. Third quarter production reflected strong performance from the Central field and the stabilization of existing wells at both Cascadura and Coho, with legacy oil production continuing to underpin low decline rates. |
13 Nov 25 |
Solstad Maritime announces contract award for CSV Normand Sentinel Solstad Maritime has announced a contract award with an international subsea contractor for the CSV Normand Sentinel. Solstad Maritime will deliver, with support from Omega Subsea AS, two work class ROVs (WROVs) with full manning, as well as tooling, survey services, and project personnel. |
13 Nov 25 |
Norway: New technology is profitable when shutting down wells There will be about 2900 wellbores on the Norwegian continental shelf (NCS) in the years to come, but development and implementation of new technology can save the industry and society considerable costs. |
13 Nov 25 |
Prosafe SE announces third-quarter results 2025 Prosafe SE reported EBITDA of USD 11.3 million (USD 5.0 million) for the third quarter of 2025. All the company’s five vessels generated revenue in the quarter, with four units active during the full period and the Safe Boreas receiving standby-rate in September. |
12 Nov 25 |
UK: OEUK responds to Scottish Parliament debate on Rosebank Offshore Energies UK (OEUK), the leading representative body for the UK’s offshore energy sector, has responded after MSPs voted on the future of the Rosebank project at Holyrood. MSPs backed a Scottish Government amendment from Business Minister Richard Lochhead that removed the Scottish Greens’ call to oppose the development. |
