THREE60 Energy secures extension of EPCm framework agreement with INEOS FPS
THREE60 Energy, a leading lifecycle solutions provider, today announced the extension of its Engineering, Procurement and Construction Management (EPCm) framework…
Europe
INEOS Energy chairman says bp’s North Sea exit underscores UK’s investment challenges
bp’s decision to market its UK North Sea business highlights the growing impact of fiscal uncertainty on investment in the…
Europe
Odfjell Drilling brings Deepsea Atlantic back on hire
Odfjell Drilling confirmed that its Deepsea Atlantic semisubmersible has returned to operations, ending a total off-hire period of 106 days…
Europe
TotalEnergies swoops for Shell onshore business
TotalEnergies has signed agreements to acquire Shell’s onshore renewables business in Europe and to sell a 50% stake in a…
Europe
EY nudges up UK growth forecast, but warns of recession if Strait of Hormuz stays closed
EY nudged up its 2026 UK growth forecast on Monday but warned of a potential recession if the Strait of…
Europe
BP quits North Sea after tax grab
BP will sell its North Sea oil division after the government’s tax raid on domestic oil, in a move that…
Europe
BP to cut 700 jobs as it simplifies company, internal email shows
BP, opens new tab plans to cut about 700 of its non-frontline global workforce, according to an internal email seen…
Europe
TechnipFMC Reports Record Q2 Subsea Revenue and Targets $10 Billion in New Orders for 2026 as Offshore Market Accelerates
TechnipFMC has reported second-quarter 2026 results showing record subsea revenue performance and raised its confidence in achieving $10 billion of…
Europe
Worley awarded pre-FEED contract for Dutch Abeona CCS project
Petrogas E&P Netherlands has selected Worley to deliver the pre-front end engineering and design (pre-FEED) study for the Abeona carbon…
Europe
Safe arrivals at AF Environmental Base Vats
Two offshore assets from the UK sector of the North Sea have recently safely arrived at AF Environmental Base Vats.…
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