The contract extension will keep the rig in Norway till the end of 2026. Saipem inked a contract with Aker BP for the semi-submersible rig, Scarabeo 8, in March 2022 for a duration of three years.

Under the terms of such agreement, Norway will receive a share of 64.18%, while the Faroe Islands will have a share of 10% of ...

The UK and Norway have failed to reach a fishing deal for this year, with the industry warning that hundreds of crew members will be left out of work. It means UK fleets will have no access to ...

Along Norway’s rugged coastlines, hidden among fjords and mountains, are fishing villages that feel like they’re straight from a storybook. These secluded havens offer a rare glimpse into Old ...