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Equinor and ORLEN Find Gas, Condensate in North Sea

Jan 20, 2026

Equinor and its partner ORLEN have discovered gas and condensate in an exploration well drilled in the North Sea.The find was made in the Sissel prospect in production license 1137, operated by Equinor with 50% working interest, while its partner ORLEN holds the remaining 50%.An exploration well 15/8-3 S was drilled about 5 kilometers southeast of the Utgard field in the North Sea and 250 kilometers southwest of Stavanger…

NKT Inks Final Contracts for Two HVDC Power Links in Scotland

Jan 19, 2026

Danish power cable maker NKT has signed final contracts with SSEN Transmission for two high-voltage direct current (HVDC) transmission links in Scotland.The contracts cover the 525 kV HVDC power cable systems for the Western Isles and Spittal to Peterhead transmission links…

MODEC Hires DOF for Mooring Job at ExxonMobil’s Oil Project off Guyana

Jan 19, 2026

DOF Group has secured a large turn-key contract by MODEC Guyana to carry out mooring pre-lay work for the Hammerhead floating production, storage and offloading vessel (FPSO) unit, set for deployment at ExxonMobil’s project offshore Guyana.Under the contract…

Equinor Finds Oil in Norwegian Sea

Jan 19, 2026

Equinor and its partners have proven oil in a wildcat well in the Norwegian Sea, drilled by COSL's COSL Innovator semi-submersible drilling rig.The wildcat well 6507/8-12 S, in production license 124 B, tested the ‘Othello South’ prospect, 4…

JERA Nex bp Acquires EnBW’s Stake in Mona Offshore Wind Farm

Jan 16, 2026

JERA Nex bp is acquiring EnBW’s stake in the Mona Offshore Wind Farm and has signed a lease agreement with The Crown Estate for the project, marking an important milestone for the company and for the UK’s offshore wind ambitions.This is a significant…

Eni Launches Hull for Coral North FLNG Offshore Mozambique

Jan 16, 2026

Eni and its partners have launched the hull of the Coral North floating liquefied natural gas (FLNG) vessel, marking a key milestone in the development of Mozambique’s offshore gas resources.Coral North will be the second floating LNG facility…

Norway Grants Permit for Equinor’s Drilling Op in North Sea

Jan 16, 2026

The Norwegian Offshore Directorate (NOD) has granted Equinor a drilling permit for wildcat well in the North Sea.The permit is for a wellbore 34/8-A-37 H in production license 120, which is operated by Equinor with 53.2% working interest.The partners in the license include Petoro with 30% stake…

Vår Energi’s Well Tests Boost Potential of Barents Sea Discovery

Jan 16, 2026

Vår Energi has completed the appraisal well with two production tests on the Zagato structure in the Goliat Ridge discovery in the Barents Sea, confirming reservoir quality and adding recoverable volumes.The well was drilled approximately seven…

EnBW Incurs $1.4B Impairment Charge After Exiting UK Wind Farms

Jan 15, 2026

German utility EnBW said on Thursday it was taking a 1.2 billion euro ($1.4 billion) impairment charge after pulling out of two wind projects in Britain, a direct consequence of losing out in a landmark UK offshore tender.The two offshore wind…

TotalEnergies, Mitsui, Nordsøfonden Get CO2 Storage Permit in North Sea

Jan 15, 2026

The Danish Energy Agency has issued a permit for exploration and potential storage of CO2 in the North Sea off Denmark to consortium comprising TotalEnergies, Mitsui and state-owned Nordsøfonden.The agency awarded the six-year exploration permit…

NSTA Fines Two North Sea Operators for Emissions, Decom Breaches

Jan 15, 2026

The North Sea Transition Authority (NSTA) has fined two offshore operators, NEO and CNR International, a total of $470,000 (£350,000) for breaches related to emissions limits and well decommissioning, as the regulator continues to tighten enforcement of industry rules…

Archer Awarded Integrated Deepwater P&A Contract in the Gulf of America

Jan 14, 2026

Archer, in collaboration with SLB, has been awarded an integrated plug and abandonment (P&A) contract with Equinor for the Titan platform in the Gulf of America (GoA).The service offerings under the contract includes project management, well engineering…

Global Underwater Hub Addresses Results of Offshore Wind Contracts for Difference Allocation Round 7

Jan 14, 2026

Responding to the UK Government’s announcement on the results of the Contracts for Difference Allocation Round 7, Neil Gordon, chief executive of Global Underwater Hub (GUH), said:“The award of a record 8.4GW of offshore wind capacity through AR7 is a positive step for the UK…

Bulgarian Energy Holding to Acquire 10% Stake in Black Sea Oil Exploration Block

Jan 14, 2026

Bulgaria's state-owned energy group Bulgarian Energy Holding will acquire a 10% stake in oil and gas exploration rights for the Han Asparuh block in the Black Sea, the government said on Wednesday.The Council of Ministers approved the deal, allowing BEH to buy 5% each from OMV Offshore Bulgaria…

RWE Wins Almost 7GW in UK’s Record 8.4GW Offshore Wind Auction

Jan 14, 2026

The U.K. has awarded a record 8.4 GW of offshore wind capacity in its latest Contracts for Difference allocation round (AR7), with RWE emerging as the largest winner after securing contracts for 6.9 GW and agreeing a long-term partnership with investment firm KKR…

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