The power-from-shore project, set to commence this month, aims to supply stable and eco-friendly power to the Yggdrasil field.

The contract, valued at over $100 million, encompasses operations and maintenance services across various assets in the North Sea, including Arbroath, Auk, Bleo Holm, Claymore, Clyde, Fulmar, Montrose, Piper, Saltire, Tartan facilities, Flotta Oil Terminal, and Nigg Oil Terminal.

These vessels will be deployed at the Baleine field under a 15-year firm contract, with Phase 2 expected to start in the fourth quarter of 2024.

This acquisition is expected to bolster Expro's portfolio of services in the subsea well access sector in North and Latin America, while also accelerating PRT Offshore's surface equipment offerings in the Europe and Sub-Saharan Africa and Asia Pacific regions.

DeepOcean's comprehensive scope of work included the removal of six subsea conductors and four vertical supports at various water depths, along with the upper conductor guide frames weighing an estimated 400 tonnes on the Dunlin Alpha platform.

Shelf Drilling announces successful contract awards for the Adriatic I and Shelf Drilling Mentor jack-up rigs in Nigeria, with a combined estimated contract value of $93 million.

In a statement ahead of the United Nations COP28 climate talks in Dubai, Sultan al-Jaber, the Emirati president-designate, appealed to oil and gas companies to be at the forefront of climate solutions.

BASF, in its pursuit of exiting its energy business Wintershall Dea, has drawn interest from companies such as TotalEnergies and Equinor for the oil and gas unit, according to a report in the German newspaper Handelsblatt.

This rig is currently under contract with China's CNOOC and is operating in the UK North Sea, specifically at the Golden Eagle offshore oil field.

Eni believes that this discovery could be tied to the Bontang LNG facilities on the coast of East Kalimantan, further optimizing its ullage capacity.