This achievement comes only shortly after the Norwegian Petroleum Directorate (NPD) granted consent to the licensees of the Statfjord Øst field for the utilization of new facilities associated with a gas lift project.

This achievement follows BP's recent update regarding its progress towards first oil from the Azeri Central East (ACE) project, which involves the sailaway and installation of the ACE platform's topsides unit.

The potential contract, slated for execution in the fourth quarter of this year, is expected to span approximately 75 vessel days.

Dutch bunker supplier Titan has successfully completed the conversion of its recently acquired vessels, Titan Unikum and Titan Vision, into cutting-edge LNG bunkering vessels.

The North Sea's decommissioning sector saw a substantial expenditure of £1.6 billion in 2022, marking the highest yearly spending over the last five years.

Traditionally, the offshore wind sector has heavily relied on government support through contracts for difference (CfD) auctions, where consumers pay generators a fixed price for low-carbon power.

The three firms entered into agreements last summer to create the joint venture, which will comprise the subsea businesses of SLB and Aker Solutions, with Subsea 7 acquiring a 10% stake in the venture.

The Vineyard Wind 1 is set to be the first large-scale offshore wind farm in the United States, located off the coast of Massachusetts.

The owner and operator, Kishorn Port Limited, has commenced the first phase of the £2.4 million project after securing a £500,000 investment from Highlands and Islands Enterprise.

Following careful consideration, the Dutch Ministry of Infrastructure & Water Management has designated Eemshaven as the Port of Refuge for the troubled freighter, Fremantle Highway.