Finance

Following several years of record-high workload, Aker Solutions expects activity levels to decrease in 2026 compared to 2025. To adapt to the market situation and ...

Artificial intelligence (AI) contributed to value creation and savings for Equinor and its partners amounting to $130 million in 2025. AI is now utilized on ...

BOURBON announces the completion of its financial and capital restructuring with the entry into the capital of funds managed by affiliates of Davidson Kempner Capital ...

Venterra Group, a leading provider of offshore wind services, solutions and technology, has secured £40 million in new equity funding in support of its business ...

Harbour announced on December 22, that it has entered into an agreement to acquire LLOG Exploration Company LLC (“LLOG”) from LLOG Holdings LLC for $3.2 ...

The licensees of PL018B/F and PL044/D, operated by ConocoPhillips Skandinavia AS, have reached a final investment decision for the Previously Produced Fields (PPF) Project in ...

Shell Offshore Inc., a subsidiary of Shell plc, has taken a final investment decision (FID) on a waterflood project at its Kaikias field in the ...

BW Energy announces that the short-term lease for the Super Gorilla class jack-up rig BW MAROMBA B signed in September 2025 has been successfully converted ...

The offshore wind market slowed further in 2025, prompting a shift in behaviors. Governments that continue to support offshore wind are now attempting a more ...

Chevron Australia and the Gorgon Joint Venture Participants have taken a Final Investment Decision (FID) on the Gorgon Stage 3 development off the northwest coast ...

The Department of the Interior announces that the Bureau of Ocean Energy Management successfully conducted Lease Sale Big Beautiful Gulf 1, which is the first ...

Equinor, Vår Energi and Petoro will invest just over NOK four billion in the first discovery tied back to the Johan Castberg field in the ...