18 December 2025
18 December 2025
As 2025 draws to a close, the leaders have been separated from the laggards, and the oil and gas trends to watch in 2026 have become apparent.
The announcement follows the recent US seizure of an oil tanker off Venezuela’s coast.
The regulation, due to be formally adopted in early 2026, will impose diversification plans, contract limits and penalties to lock in Europe’s shift away from Russian gas.
DeepOcean will carry out subsea IMR work across all Vår Energi-operated assets on the NCS.
The company has agreed to sell its 42.86% operated stake in the Mahalo JV to Comet Ridge.
MOL will serve as operator with a 65% interest in the project, while SOCAR will hold the remaining 35%.
Fugro will collect geo-data using its deep-water autonomous underwater vehicle and robotic seafloor drill deployed on support vessels.
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