Equinor’s Q3 Profit Misses Analyst Estimate Amid Lower Oil Prices

Oct. 29 (oilprice.com) Equinor booked lower-than-expected earnings for the third quarter as liquids prices dropped from a year earlier. The Norwegian energy major on Wednesday reported an adjusted operating income of $6.21 billion for the third quarter of 2025, lower than the company-provided consensus of 21 analysts who had expected $6.31 billion, and below the $6.89 billion booked in... Continue Reading →

European Floating LiDAR, Energy Intelligence Providers Join Forces in Brazilian Offshore Wind Market

Oct. 27 (offshoreWIND.biz) TGS, an energy data and intelligence provider based in Norway and the US, and EOLOS, a floating LiDAR technology provider based in Spain, have partnered to offer wind and metocean measurement campaigns in Brazil. Within the partnership, TGS will manage client contracts, campaign design, deployment and operations, while EOLOS will supply its... Continue Reading →

AKOFS Offshore Signs $246M Contract with Petrobras

Oct. 7 (OE) Norway-based subsea well intervention and installation services company AKOFS Offshore has signed a firm contract with Petrobras, for its subsea equipment support vessel AKOFS Santos, which will continue to operate offshore Brazil. Following a competitive tender process, the vessel will continue to perform services as a multi-purpose supply vessel (MPSV) for Petrobras... Continue Reading →

Oil firms ask Brazil antitrust watchdog to intervene in Subsea7–Saipem merger

 Sept 23 (Reuters) - Exxon Mobil, Brazilian state-run Petrobras and oil services provider TechnipFMC petitioned the country's antitrust regulator Cade to intervene in a merger between energy contractors Subsea7 and Saipem, public documents seen by Reuters show. In filings submitted on Thursday, the firms said the merger between Norway's Subsea7 and Italy's Saipem would bring a level of concentration... Continue Reading →

Deepwater frontiers calling: Yinson Production’s FPSO hull design with low-carbon kit wins DNV’s blessing

Sept. 18 (offshore-energy.biz) Malaysia’s Yinson Production, a subsidiary of Kuala Lumpur-based energy infrastructure and technology company Yinson, has unveiled a purpose-built floating production storage and offloading (FPSO) hull design, which has secured main scantling approval (MSA) from DNV, a Norwegian classification society. This purpose-built FPSO hull design, equipped with a low-carbon toolset, enables the Malaysian giant... Continue Reading →

ABL’s Longitude, NGI enter offshore wind design partnership

Sept. 11 (offshore-energy.biz) Design and engineering consultancy Longitude and the Norwegian Geotechnical Institute (NGI) have partnered to provide developers and operators of offshore wind farms with an integrated technical offering in offshore wind design. Under the terms of the agreement, Longitude and NGI will collaborate in applied geosciences, geotechnical design, and structural design to support... Continue Reading →

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