Industry News

BW Offshore: BW Catcher contract extension

BW Catcher contract extension BW Offshore has today entered into an agreement with the Catcher field partners to amend the contract period for the FPSO BW Catcher. The amendments convert the current contract into an agreement with a defined end of term framework to 31...

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SBM Offshore First Quarter 2026 Trading Update

Amsterdam, May 7, 2026 Highlights 216% increase in year-to-date Directional1 revenue of US$3.5 billionIncrease in full year 2026 Directional revenue guidance from around US$6.5 billion to above US$6.9 billionFull year 2026 Directional EBITDA baseline guidance...

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North Sea Performance Lifts DNO Profits

Oslo, 7 May 2026 – DNO ASA, the Norwegian oil and gas operator, today reported strong first-quarter results driven by record North Sea production and sharply higher March oil and gas prices. Operating profit surged 60 percent quarter-on-quarter to USD 284 million on...

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