Author: Energy-pedia news summary

PetroNor E&P has advised that it is withdrawing from the exploration licence for Block A4 in The Gambia. As outlined in the Q3 2025 results released on 20 November 2025, the initial exploration phase of the licence for Block A4 expired during mid-Novem…

With the arrival of the Nguya FLNG floating liquefaction unit and the introduction of gas into the new offshore infrastructure system, Eni announces the start-up – ahead of the planned schedule – of Phase 2 of the Congo LNG project, with the goal of ex…

Vestas has announced a 660 MW offshore order in EMEA (Europe, the Middle East and Africa) as part of its Q4 order intake.

The Nigerian Upstream Petroleum Regulatory Commission (NUPRC) has officially launched the Nigeria 2025 Licensing Round. The round includes 15 onshore blocks, 19 in shallow waters, 15 frontier assets and one deepwater block.

The Nigerian Upstream Petroleum Regulatory Commission (NUPRC) has officially launched the Nigeria 2025 Licensing Round. The round includes 15 onshore blocks, 19 in shallow waters, 15 frontier assets and one deepwater block.

The 2025 Nigerian licensing round was announced 1st December. The emphasis is on optimising near term production and accelerating energy transition goals with undeveloped discoveries, fallow fields and gas rich fields being included. The round includes…

TotalEnergies, TES, Osaka Gas, Toho Gas, and ITOCHU have signed a Joint Development and Operating Agreement, granting the Japanese companies a combined 33.3% stake in the Live Oak project — a large-scale facility to produce electric natural gas (e-NG) …

Hibiscus Petroleum has including the successful drilling of Teal West Development, offshore UK, with 2P oil reserves expected to exceed the current estimate of 3.4 MMboe. First Oil from the Teal West field is expected in mid CY2026.

CeraPhi Energy, a leading developer of geothermal energy solutions, has been awarded a contract to implement an innovative low-carbon heating system at Scunthorpe General Hospital, part of the Northern Lincolnshire and Goole NHS Foundation Trust.

PetroChad Mangara, Perenco’s wholly owned Chad subsidiary, has completed a successful twelve well drilling campaign at the Badila oil field in Chad.

Thirteen operators who have fallen behind in their decommissioning obligations have been named in the North Sea Transition Authority’s (NSTA) first published table of the North Sea well decommissioning deficit. The table displays operators who have mis…

TotalEnergies EP Nigeria has signed a farmout agreement to sell to Star Deep Water Petroleum, a Chevron company, a 40% participation in the PPL 2000 and PPL 2001 exploration licenses, offshore Nigeria.

John Wood Group has announced the appointment of Jade Moore to the Company’s Executive Leadership Team as Group Chief Financial Officer (‘CFO’), effective immediately.

Zenith Energy, the listed international energy production and development company, has published its consolidated half-yearly unaudited financial results for the six months ended September 30, 2025.

Cadeler has further strengthened its financial position with the addition of a second unsecured green corporate term loan facility in the aggregate amount of EUR 60 million with a non-committed accordion option of up to EUR 80 million.

Subsea 7 has announced the award of a sizeable contract by Ithaca Energy, for the provision of off-station decommissioning services for the Alba Floating Storage Unit and Greater Stella field FPF-1 production facility, approximately 230 kms east of Abe…

Archer has announced the signing of a new five-year contract with YPF for the provision of drilling services in Vaca Muerta, Argentina. The contract, with an estimated value of $600 million, covers the provision and operation of seven advanced drilling…

Centrica has announced completion of its Grain LNG acquisition in partnership with Energy Capital Partners (‘ECP’) from National Grid for an enterprise value of £1.5 billion. After taking into account £1.1 billion of new non-recourse project finance d…

TGS, a leading provider of energy data and intelligence, has announced the award of an OBN contract in Europe. The company’s node-on-a-rope crew is scheduled to mobilize early May 2026, and the contract has a duration of approximately 60 days.

The eight OPEC+ countries, which previously announced additional voluntary adjustments in April and November 2023, namely Saudi Arabia, Russia, Iraq, UAE, Kuwait, Kazakhstan, Algeria, and Oman met virtually on 30 November 2025, to review global market …

ABO Energy has completed the sale of a 4.4-gigawatt (GW) wind energy portfolio in Finland to Fortum, a leading Finnish energy company. The transaction, which closed on November 28th, includes 29 wind power projects across the country.

Dogger Bank Wind Farm and delivery partner Seaway7 have installed all 277 transition pieces on Dogger Bank Wind Farm, marking the completion of all foundation installation work on the 3-phase offshore wind project in the North Sea.

ACCIONA Energía has reached an agreement with Cennergi, Exxaro Resources wholly owned subsidiary and one of South Africa’s leading renewable energy producers, for the sale of its stake in two renewable energy assets totaling 232MW of capacity, for an e…

Offshore Energies UK says the government’s own figures on Gas Security, released on the same day as the Budget, underline both a national energy security risk and the damage of its policies on North Sea energy. The leading trade body is intensifying it…

On November 20, 2025, seismic research began in the shallow offshore area off the coast of Saramacca and Coronie. The survey is an important step in further exploiting Suriname’s offshore oil and gas potential, aligning with the Open-Door Offering that…

Allseas will deliver major new deepwater crude oil and natural gas export systems for Enbridge Offshore Facilities in the central Gulf of America, expanding transport capacity and strengthening critical subsea infrastructure for future energy production.

Shearwater Geoservices has published its third quarter 2025 results. Revenue was USD 146.5 million compared to USD 178.7 million in the third quarter of 2024. EBITDA was USD 5.2 million, a decrease from the year-ago period (USD 50.6 million) due to low…

Cadeler has announced the successful delivery of Wind Mover, the tenth vessel to join the company’s growing fleet of next-generation wind turbine installation vessels (WTIVs). The vessel is delivered ahead of schedule and will, following her mobilisati…

The European Bank for Reconstruction and Development (EBRD) is supporting Romania’s energy security by arranging a €192 million financing package for the construction of three new solar power plants with a total installed capacity of 531 MW in south-ea…

Ocean Sun has announced a milestone for the company’s patented membrane-based floating solar system. It has been awarded the world’s first Type Certificate for a floating solar structure by Bureau Veritas Marine & Offshore (BV).

Westwood’s latest report for Offshore Energies UK (OEUK) examines offshore infrastructure trends and the challenges of early closure of infrastructure on the UK Continental Shelf (UKCS).

Dolphin Drilling has announced its preliminary financial results for the three months ended 30 September 2025.

Chancellor Rachel Reeves has confirmed the Energy Profits Levy will remain until 2030, rejecting industry calls for urgent reform and triggering fresh warnings over jobs, investment and UK energy security.

Eni, through its satellite company Azule Energy, has inaugurated the NGC Gas Treatment Plant in Soyo, northern Angola. The NGC project is Angola’s first non-associated gas development, with a processing capacity of approx. 400 million standard cubic fe…

Invictus and AMH continue to finalise the partnership and governance framework through their joint venture company Al Mansour Oil & Gas (‘AMOG’).

Parkmead, the independent energy group focused on growth through gas and renewable energy projects, has reported its preliminary results for the year ended 30 June 2025.

TGS has announced the signing of a key agreement with the Gouvernement de L’Union des Comores and the Bureau Géologique des Comores granting TGS the rights to market and license geophysical data covering the Comoros’s offshore basins.

ADES Holding Company, a world-leading oil and gas drilling services provider, has announced the successful completion of its acquisition of Shelf Drilling through a cash merger. The acquisition marks a pivotal step in ADES’ transformation, firmly estab…

Between November 10th and 17th, Petrobras supplied three Transpetro ships with bunker fuel containing 24% renewable content. The operation took place at the São Sebastião Waterway Terminal (Tebar), in São Paulo. During COP30, held in Belém (PA), Petrob…

Chancellor Rachel Reeves has confirmed the Energy Profits Levy will remain until 2030, rejecting industry calls for urgent reform and triggering fresh warnings over jobs, investment and UK energy security. The EPL – first introduced in 2022 – keeps Nor…

In response to the government’s North Sea Future Plans consultation response, Unite, the UK’s leading union, has described it as tinkering around the edges by a government still lacking a coherent plan for the long-term transition of work for oil and g…

AIM-listed Buccaneer Energy, an international oil & gas exploration and production company with development and production assets in Texas, USA, has announced the acquisition of a 32.5% interest in offsetting leasehold acreage in the Fouke area of the …

AIM-listed Serica Energy has issued a trading and operations update in respect of the third quarter and first nine months of 2025.

EnQuest is proud to announce that it has won the Offshore Energies UK (‘OEUK’) award for Excellence in Decommissioning in recognition of its sector-leading work on the Heather Decommissioning Project.

88 Energy has announced that the Company’s November 2025 Corporate Presentation is available on the 88 Energy website, with updates on: North Slope, Alaska: Project Phoenix, Project Leonis and Expansion Leases, and Owambo Basin, Namibia: PEL 93.

Shearwater Geoservices has been awarded a contract by Sabah Shell Petroleum Company for an ocean bottom node (OBN) 4D seismic survey at its operated field off the west coast of Sabah, Malaysia. The two-month project will be carried out in early 2026 us…

With today’s inauguration of a state-of-the-art generator converter test bench at its Rostock site, the Nordex Group is focusing on expanding and strengthening its technological expertise in grid integration for its wind turbines.

Commenting on the government’s North Sea Future Plan, in which it has confirmed that no more licences for new oil and gas will be issued, Greenpeace UK’s co-executive director, Areeba Hamid, said: ‘Britain has just made history. Closing the door to new…

RES has signed its first operation and maintenance (O&M) contract with Matrix Renewables. The contract covers the O&M of more than 300 MW of photovoltaic power distributed across five Spanish provinces and strengthens the company’s presence in Andalusi…

Getech, a world-leading locator of subsurface resources, has signed a Memorandum of Understanding (MoU) with HyReveal, a French deeptech startup expert in subsurface hydrogen and associated gases, to advance global understanding and exploration of natu…

Solstad Offshore has been awarded a new contract by PETROBRAS for the anchor handling tug supply vessel (AHTS) Normand Topazio.

Offshore Energies UK (OEUK) has condemned the government’s decision in today’s Budget (26/11) to reject replacement of the Energy Profits Levy (EPL) in 2026 – a move that will cost tens of thousands of jobs, cripple investment, and undermine Scotland a…

The Irish Department of Climate, Energy and the Environment has provisionally awarded the joint venture, formed by ESB and Ørsted, the rights to develop the Tonn Nua site which is off the coast of County Waterford and spans 306 km2.

GeoPark , a leading independent energy company with over 20 years of successful operations across Latin America, has announced its independent oil and gas reserves assessment, certified by DeGolyer and MacNaughton Corp. as of December 31, 2025.

An innovative operator demonstrating excellence in deploying new technology plus a contractor with an outstanding track record for managing multiple offshore structures are the winners announced at OEUK’s 2025 Excellence in Decommissioning Awards cerem…

Energean has provided an update on recent operations and the Group’s trading performance in the nine-months to 30 September 2025. Despite the challenging geopolitical and macro environment, business remained resilient, generating $828 million in adjust…

88 Energy has provided an update on Project Phoenix (~75% working interest), its advanced conventional oil and gas project located on the North Slope of Alaska. Project Phoenix is subject to a Farmout Participation Agreement, entered into with Burgundy…

Ahead of the COP30 in Belém, IRENA identified five priority areas to accelerate progress towards efforts to triple renewables globally and double energy efficiency by 2030 – both critical energy targets to keep the Paris Agreement goals alive.

SED Energy Holdings (‘Energy Holdings’) delivered solid third-quarter results, supported by high technical utilization and strong operational execution. Revenue and EBITDA increased year-over-year, reflecting more active rigs at higher day rates, while…

Ocean services provider DeepOcean is nearing completion of a contract awarded by TotalEnergies for the disconnection and tow of the Gryphon Alpha FPSO, as well as the removal of associated subsea infrastructure. This marks a first, with proprietary too…

Frequent delays to offshore energy and infrastructure projects are threatening the viability of the UK supply chain, according to a new study from the leading trade and industry development body for the nation’s underwater sectors.

Seatrium has been awarded a contract from BP Exploration and Production Inc for the engineering, procurement, construction and onshore commissioning of the Tiber Floating Production Unit (‘FPU’) project in the Gulf of America.

TotalEnergies has announced that its subsidiary TotalEnergies EP Nigeria has completed the divestment of its 12.5% non-operated interest in the OML118 Production Sharing Contract to Shell Nigeria Exploration and Production Company (10%) and Nigerian Ag…

Vantage Drilling International reported a net income attributable to shareholders of approx. $67.2 million or $4.97 per diluted share for the three months ended September 30, 2025, based on the weighted average shares outstanding, as compared to a net …

Zenith Energy, the listed international energy production and development company, has provided an update regarding the sale of its fully owned ZEN-260 onshore drilling rig (‘ZEN-260’).

Eni, through its subsidiary Nigeria Agip Exploration Limited (NAE), has announced the acquisition from TotalEnergies EP Nigeria Limited of an additional 2.5% stake in the Production Sharing Contract (PSC) OML 118, exercising its pre-emption right.

FairWind has signed a strategic partnership agreement with Japanese turbine operations and maintenance specialist Wind Energy Partners (WEP). It marks the latest phase in FairWind’s Asia Pacific growth strategy following the announcement that the busin…

The Nordex Group has secured a new order from its long-standing customer Grupo Enhol for the supply and installation of six N163/5.X wind turbines in Navarra, Spain. The repowering project Caparroso will have a total installed capacity of 34.2 MW.

New research from the University of Aberdeen warns that UK electricity bills are unlikely to fall under current arrangements and urges policymakers to consider structural reforms to protect consumers while delivering the energy transition.

The Ministry of Petroleum and Mineral Resources of Timor-Leste (MPRM) and Woodside Energy have announced the signing of a Cooperation Agreement to carry out studies and activities to mature a Timor-based LNG concept (TLNG).

Integrated Wind Solutions, an offshore wind service company listed on the Oslo Stock Exchange, has published its Q3 2025 Financial Report and Presentation. The Company reports another healthy quarter with a record net profit.

Diversified Energy Company has announced the closing of its previously announced, accretive acquisition of Canvas Energy, which adds complementary operated producing properties and acreage positions in Oklahoma.

Aramco, one of the world’s leading integrated energy and chemicals companies, in partnership with Pasqal, a global leader in neutral-atom quantum computing, have achieved a major breakthrough for the Middle East’s technology landscape with the successf…

Industry proposals to reform the 78% Energy Profits Levy (EPL) would yield an extra £15.7 billion in taxes within ten years, according to a statistical analysis by Offshore Energies UK (OEUK).

On 20 November, the prestigious Top 500 Award for Sustainable Growth by WELT in cooperation with Sopra Steria was presented for the 16th time. Nordex SE was among the winners. The award is a recognition of the work of its nearly 11,000 employees worldw…

Merlin’s Eleanor Oldham attended the EAGE Global Energy Transition (GET) conference in Rotterdam from 28th-30th October. GET hosts no less than four co-located conferences for geoscientists and engineers working in Carbon Capture & Storage, Geothermal…

Reforming the Energy Profits Levy (EPL) in 2026 could generate an extra £15.7 billion in tax revenues over the next decade, according to new analysis from Offshore Energies UK (OEUK).

Orcadian Energy reports that the UK’s North Sea oil and gas regulator, the North Sea Transition Authority (‘NSTA’) has approved a three-year extension to the Second Term of the Pilot Licence P2244.

AIM-listed EnergyPathways, the UK energy transition company, has formally submitted an application for a Gas Storage Licence covering the natural gas and hydrogen storage elements of its flagship MESH project, located off the Cumbria coast in the East …

Iberdrola France has reached an agreement to sell its onshore portfolio in the country with the French renewable energy group Technique Solaire. The assets to be sold include 118 megawatts (MW) of operational wind capacity, as well as a pipeline of 639…

The Offshore Renewable Energy (ORE) Catapult has signed an agreement with wind engineering specialist Bladena to test blade reinforcement technology designed to extend the operational life of offshore wind turbines.

The Danish Energy Agency has announced tenders for three areas for the establishment of at least 2.8 GW of offshore wind power. The tenders are based on thorough market dialogues and includes, among other things, state subsidies and greater flexibility…

On 21 November Prime Minister Jonas Gahr Støre visited a Norwegian-owned solar power plant in South Africa. The company that owns the plant has provided renewable energy to 200,000 households, and a number of Norwegian companies are now investing in so…

The European Bank for Reconstruction and Development (EBRD) is launching a public consultation on its proposed Green Economy Transition (GET) 2030 Strategy. The consultation will be open for comments from 21 November 2025 to 9 January 2026.

Greenvolt Power, a company of the Greenvolt Group and one of the leading developers of utility-scale wind, solar, and energy storage projects, has signed an agreement for the sale of two ready-to-build battery energy storage system (BESS) projects in P…

Greenvolt Power, a company of the Greenvolt Group and one of the leading developers of utility-scale wind, solar, and energy storage projects, has signed an agreement for the sale of two ready-to-build battery energy storage system (BESS) projects in P…

The U.S. Department of Energy (DOE) has announced an organizational realignment designed to strengthen DOE’s ability to execute President Trump’s bold agenda to restore American energy dominance.

The U.S. Department of Energy (DOE) has announced an organizational realignment designed to strengthen DOE’s ability to execute President Trump’s bold agenda to restore American energy dominance.

Equinor and the Capital City of Prague’s gas and electricity company Pražská plynárenská have signed a long-term agreement for 10 years of gas supplies into the Czech Republic. Deliveries have started and will last until 2035.

bp Trinidad and Tobago (bpTT) has safely completed the Cypre seven-well drilling programme following delivery of first gas in April 2025. The Cypre development is made up of seven wells tied back into bpTT’s existing Juniper platform. Four wells were …

DNV acted as market advisor to support Atlas Renewable Energy in securing USD 475 million in financing for the Copiapó hybrid solar and battery storage project in Chile. Located in Chile’s Atacama Region, Copiapó combines 357 MWp of solar capacity with…

Five agritech startups have been awarded in Nairobi at the conclusion of the third edition of the Kenya Agribusiness Entrepreneurship Program (KAEP), the entrepreneurial development initiative promoted by Eni Natural Energies (ENE) Kenya and Joule, Eni…

Aramco, one of the world’s leading integrated energy and chemicals companies, has announced 17 Memoranda of Understanding (MoUs) and agreements with a potential total value of more than $30 billion with major companies in the US, through its Aramco Gro…

Melbana Energy has provided an operational update regarding Block 9 PSC onshore Cuba, for which it is operator and holds a 30% interest. Mobilisation has commenced for Amistad-11.

TGS has announced the extension to its agreement with the Somali Petroleum Authority. The agreement grants TGS the continued rights to market and license geophysical data covering Somalia’s offshore basins.

Tullow Oil has issued a business and guidance update. In recent months Tullow has successfully completed the sale of its entire working interest in Kenya for at least $120 million and the sale of its assets in Gabon for c.$300 million net of taxes.

Tullow Oil has issued a business and guidance update. In recent months Tullow has successfully completed the sale of its entire working interest in Kenya for at least $120 million and the sale of its assets in Gabon for c.$300 million net of taxes.

Dynamis Power Solutions, a leading mobile power generation packager in North America, and Baker Hughes, an energy technology company, have announced a significant order for 25 aeroderivative gas turbines – including LM2500, LM6000 and LM9000 – totaling…

EnerMech has been granted a further one-year contract renewal to deliver crane maintenance and integrity services across six assets for a major operator in North West Australia.

TGS, a leading provider of energy data and intelligence, has announced a new multi-client 2D-cubed project covering the offshore India Andaman region. 2D-cubed is a structurally conformable interpolation technology that transforms 2D seismic data into …

TGS, a leading provider of energy data and intelligence, has announced a new multi-client 2D-cubed project covering the offshore India Andaman region. 2D-cubed is a structurally conformable interpolation technology that transforms 2D seismic data into …

Europa Oil & Gas, the AIM quoted West Africa, UK and Ireland focused oil and gas exploration, development and production company, has announced that the Oil and Gas Authority (now officially referred to as the North Sea Transition Authority) has grante…

Ocean services provider DeepOcean has been awarded a contract to provide subsea construction and tie-in work at a subsea field development on the UK continental shelf. The field is being developed as a subsea tieback to an existing host facility.

Ocean Winds, the 50-50 joint venture between EDPR and ENGIE, is set to be awarded rights for a floating offshore wind site in the Celtic Sea, off the coast of England and Wales, by The Crown Estate – marking a significant milestone in the UK’s journey …

Repowering of Calle wind farm has begun: three turbines with total capacity of 17.1 MW to replace five older units with 9 MW in total; electricity generation to increase fivefold.

Subsea 7 has announced results of Subsea7 Group for the third quarter which ended 30 September 2025.

Cadeler has published its Q3 2025 Earnings Release, delivering robust financial and operational performance. As of 30 September 2025, Cadeler’s total assets stood at EUR 3,056 million – up 58% year-to-date. Total equity increased to EUR 1,446 million, …

Panoro Energy has reported financial and operational performance for Q3 and the first nine months of 2025.

Prosafe SE, a leading owner and operator of semi-submersible accommodation vessels. has announced an operational update – October 2025.

In the third quarter, PetroNor, an Africa-focused independent oil and gas exploration and production company, delivered stable production and completed an infill drilling programme that is adding rate during the fourth quarter. The company achieved a l…

Wood, a global leader in consulting and engineering, has secured a new contract to deliver project management and engineering services for PetroChina at the West Qurna 1 oilfield in southern Iraq – one of the world’s largest – continuing its decade lon…

Dolphin Drilling has announced that Oil India Limited has exercised its option to extend its drilling contract with the deepwater capable semisubmersible rig, Blackford Dolphin. The rig will now continue operations for an additional 120 days through to…

Eco (Atlantic) Oil & Gas, the oil and gas exploration company focused on the offshore Atlantic Margins, has announced its unaudited results for the three and six month periods ended 30 September 2025, and Offshore South Africa Block Renamed Block 1 CBK…

A major floating offshore wind project in Scotland has secured significant investment from the National Wealth Fund (NWF), Great British Energy (GBE) and the Scottish National Investment Bank, supporting the UK’s clean energy ambitions, bolstering ener…

The Nordex Group has received another order from BMR energy solutions GmbH to supply and install wind turbines in North Rhine-Westphalia, Germany. The Nordex Group will deliver three N163/6.X turbines for the ‘Heinsberg-Boverath’ wind farm, which has a…

Rex’s subsidiary Akrake Petroleum spuds first well in Sèmè Field, Benin’ and has provided an update on the ongoing three-well drilling campaign.

AIM-listed EnergyPathways, the UK energy transition company, has signed a non-binding cooperation agreement with Siemens Energy for the development of long-duration energy storage (LDES) systems based on Compressed Air Energy Storage (CAES) technology,…

Afentra, an upstream oil and gas company focused on acquiring production and development assets in Africa,has provided an operational and financial trading update for the period 1 January to 31 October 2025. The completion of the Block 3/24 license awa…

BW Energy has completed drilling operations on the Kharas-1 appraisal well in the Kudu license area, offshore Namibia. The well reached a total depth of 5,100m and intersected multiple reservoir intervals. The results confirm, for the first time, the p…

Plenitude has signed an agreement to acquire from Neoen, a leading renewable energy company, a portfolio of 52 operating assets, including 37 photovoltaic plants, 14 wind farms, and one operating battery storage facility, for a total of approximately 7…

Energy and manufacturing workers, trade organisations, unions and policy leaders have combined forces in urging Chancellor Rachel Reeves to ‘Save Britain’s industrial future’ ahead of next week’s crunch Budget on 26th November.

The leading trade body for the offshore energy industry, OEUK, has responded to news that an industrial plant in Fife is set to close. The Fife Ethylene Plant at Mossmorran, owned by ExxonMobil, will shut down in February.

Swire Energy Services (SES) has rebranded to SES Energy following its acquisition by global investment management firm Davidson Kempner, marking a new phase in the company’s strategic growth and diversification.

Reach Subsea has announced its third-quarter 2025 results, delivering sound performance while continuing investments in remote technology development. Revenue for the quarter totaled NOK 688 million (down from NOK 835 million in Q3 2024), while EBIT ca…

Shelf Drilling has received a notice to resume operations for the Harvey H. Ward jack-up rig in the Middle East. The rig’s operations were previously suspended by the customer effective September 2024. Following the recent notice, the Harvey H. Ward is…

TechnipFMC has been awarded a substantial(1) integrated Engineering, Procurement, Construction, and Installation (iEPCI™) contract by Eni for the deepwater Maha project offshore Indonesia. The project represents Eni’s first deployment of TechnipFMC’s S…

SED Energy Holdings has announced that the semi-submersible tender-assist drilling rig GHTH, owned by its wholly owned subsidiary Energy Drilling, has successfully commenced operations under its previously disclosed 21-month contract with PTT Explorati…

DNO and its partners have drilled a dry well in the ‘Page’ prospect in the southern part of the North Sea. Wildcat well 2/6-8 S and technical sidetrack 2/6-8 ST2 were drilled in production licence 1086, where the 2/6-7 S ‘Othello’ oil discovery was mad…

The Nordex Group has received a new order in Germany from Energieversorgung Mittelrhein (evm), together with Stadtwerke Karlsruhe and Thüga Erneuerbare Energien. For the 77 MW Schneifelhöhe wind farm Nordex will install eleven N163/6.X wind turbines.

Petrobras has identified the presence of excellent quality oil in the post-salt layer of the Campos Basin, in an exploratory well in the Southwest Tartaruga Verde block.

NESO (National Energy System Operator) has launched a new consultation inviting customers and stakeholders across Great Britain to help shape the methodology (the approach) that will help to deliver a set of Regional Energy Strategic Plans (RESPs). The…

RWE was once again successful at the Italian Resilience and Recovery Plan (PNRR) auction, which awards a contract for difference tariff and up to 40% return on investment for advanced Agri-PV.

Zenith Energy, the listed international energy production and development company, has announced the signing of a new agreement to acquire a solar energy development project located in the Puglia region of Italy by its wholly-owned Italian subsidiary c…

Vattenfall has signed an agreement to divest its Independent Distribution Network Operator (IDNO) business in the UK, Vattenfall Networks Ltd, to Eclipse Power Limited, owner of another IDNO business – Eclipse Power Networks. Eclipse Power Group is a w…

TotalEnergies has announced the signing of an agreement with Energetický a prumyslový holding, a.s. (EPH) for the acquisition of 50% of its flexible power generation platform (gas-fired and biomass power plants, batteries) in Western Europe (Italy, Uni…

Gulf Keystone Petroleum has confirmed that a first lifting of Kurdistan crude allocated to the Company and other International Oil Companies (‘IOCs’) for pipeline exports during September and October 2025 has been completed by the nominated trader at t…

TGS has announced the Pelotas Norte Phase I multi-client 3D survey in the Pelotas Basin, offshore southern Brazil. Phase I will encompass approx. 14,800 sq kms across 21 exploration blocks, the majority of which lie in un-held acreage expected to be in…

Odfjell Drilling has signed an agreement for the acquisition of the harsh environment semi-submersible drilling rig Deepsea Bollsta from Northern Ocean for a total consideration of USD 480 million.

Condor Energies, a Canadian based, internationally focused energy transition company focused on Central Asia has announced the release of its unaudited interim condensed consolidated financial statements for the three and nine months ended September 30…

ADNOC Gas and its subsidiaries, a world-class integrated gas processing and sales company, has announced its Q3 2025 results, achieving the highest third quarter net income in its history at $1.34 billion, an 8% increase year-on-year. Year-to-date net …

LUKOIL informs about ongoing negotiations on the sale of its international assets with several potential buyers. The specific deal will be announced after the final agreements have been reached and the necessary regulatory approvals have been obtained.

Shell Nigeria Exploration and Production Company Limited (SNEPCo), a subsidiary of Shell, together with Sunlink Energies and Resources Limited, have taken a final investment decision (FID) on the HI gas project offshore Nigeria.

Statkraft, Europe’s largest generator of renewable energy, has secured planning consent for Knockcronal Wind Farm, located in South Ayrshire. The consented design has a generating capacity of up to 59.4MW and comprises a total of nine turbines. Once op…

The Oil & Gas Decarbonization Charter (OGDC), a global coalition of leading energy companies championed by the CEOs of ADNOC, Aramco, and TotalEnergies and supported by the Oil and Gas Climate Initiative (OGCI), has released its 2025 Status Report: Imp…

During the United Nations Climate Change Conference (COP 30) taking place in Belém, Brazil, TotalEnergies, a member of the Oil and Gas Climate Initiative (OGCI) and of the Oil and Gas Decarbonization Charter (OGDC), announced a $100 million commitment …

Archer has announced an additional contract linked to the five-year agreement with NEO NEXT Energy, originally with Repsol Resources UK and announced May 2nd, 2025. The additional contract adds a lighter Archer P&A unit for a five-year term, replacing …

Archer has been awarded a five-year contract extension for platform drilling and maintenance services in the UK with an estimated contract value of USD 110 million.

BW Offshore and BW Group have established a 50/50 joint venture entity (JV), BW Elara, to design and build Floating Desalination Units (FDUs), producing fresh water from salt water to address growing global water constraints.

Valeura Energy reports its unaudited financial and operating results for the three and nine month periods ended September 30, 2025.

Ørsted has announced the establishment of its new technology platform Osonic, having signed a preferred supplier agreement with leading German energy infrastructure asset manager Luxcara.

Solstad Maritime (SOMA) has announced that the Construction Support Vessel (CSV) Normand Ocean has been awarded a new very large contract with DeepOcean.

Cenovus Energy has announced that its acquisition of MEG Energy Corp. has been completed. This acquisition strengthens Cenovus’s portfolio of long-life, low-cost oil sands assets, adding top-tier operations that are directly adjacent to the company’s C…

The Department of the Interior has announced a final rule rescinding the 2024 Bureau of Land Management rule governing the National Petroleum Reserve in Alaska, a major step in unlocking the energy potential of the roughly 23-million-acre reserve.

Tech-savvy operators are using an impressive array of smart tools and techniques to optimise production, including from tiebacks, and cut emissions in the North Sea, a new report from the North Sea Transition Authority (NSTA) shows.

PXGEO has been awarded two significant contracts from Petrobras-led consortia, to deliver seismic data acquisition and monitoring services in the Santos Basin, offshore Brazil. The deal further extends the business’ presence in Brazil.

Staatsolie announced its approval on 11 November 2025 of the Commercial Field for the Sloanea-1 gas discovery, located in Block 52 offshore Suriname.

The Solar Stewardship Initiative (SSI) and the Global Wind Energy Council (GWEC) have signed a Memorandum of Understanding (MoU) to drive sustainability, transparency, and resilience across the solar and wind energy industries’ supply chains.

TotalEnergies and Google have signed a 15-year Power Purchase Agreement (PPA) to supply Google with a total volume of 1.5 TWh of certified renewable electricity from TotalEnergies’ Montpelier solar farm in Ohio. The solar facility, nearing completion, …

RenewableUK’s latest EnergyPulse Insights Floating Offshore Wind report shows that, despite political headwinds, floating wind installations have increased by 13% over the past twelve months to 277 megawatts (MW) – up from 245MW a year ago – and are se…

Vår Energi’s appraisal well 7122/8-4 S confirms the 7122/8-3 S (‘Zagato’) oil discovery, which was proven in February. The licensees are considering tying the discovery back to existing infrastructure on the Goliat field.

AIM-listed EnergyPathways, the UK energy transition company, has commenced engineering studies with KBR Inc and Hazer Group for its planned hydrogen and graphite production facilities, to be located in Barrow-in-Furness NW of England, as part of the Co…

Helix Exploration, the helium exploration and development company with near-term production assets within the ‘Montana Helium Fairway’, has secured a drilling rig to re-enter the Inez #1 well at its flagship Rudyard Project.

Solstad Maritime has announced a contract award with an international subsea contractor for the CSV Normand Sentinel. Solstad Maritime will deliver, with support from Omega Subsea AS, two work class ROVs (WROVs) with full manning, as well as tooling, s…

A major study by the University of Aberdeen has assessed the practicalities of co-locating offshore wind, carbon capture and storage (CCS) and oil and gas projects in UK waters.

Prosafe SE reported EBITDA of USD 11.3 million (USD 5.0 million) for the third quarter of 2025. All the company’s five vessels generated revenue in the quarter, with four units active during the full period and the Safe Boreas receiving standby-rate in…

A generation of young people on Anglesey / Ynys Môn and across North Wales are set to benefit from thousands of new jobs and billions of pounds in investment over the next decade, as the Prime Minister confirms that Wylfa has been selected to host the …

Now in its seventh year of grantmaking, the Vattenfall Unlock our Future Fund has reached two significant milestones with over 100 awards made and over a million pounds in grants distributed. The fund supports climate-smart community projects in Aberde…

Central Petroleum has entered into a conditional sale and purchase agreement to sell its interests in the three Northern Territory sub-salt exploration permits – EP82, EP112 and EP125 – to Georgina Energy in consideration for a 25% equity interest in G…

In a major step toward the commercialization of Direct Ocean Capture (DOC) technology, Equinor and Captura have successfully completed a joint technology qualification program, validating Captura’s DOC system for commercial deployment.

Equinor has closed the sale of a 40% operated interest in the Peregrino field in Brazil to PRIO. Following this transaction, PRIO assumes full operatorship of the field. Equinor has received a total payment of USD 2.33 billion for its 40% operated inte…

TGS, a global leader in energy data and intelligence, in collaboration with joint venture partner Viridien, an advanced technology, digital and earth data company, has announced the availability of early out results from the Laconia Phase III ultra-lon…

In the first nine months of 2025, RWE posted adjusted EBITDA of €3.5 billion and adjusted net income of €1.3 billion. Adjusted net earnings per share amounted to €1.76. As expected, earnings for the first three quarters were lower than in the same peri…

Arrow Exploration, the high-growth operator with a portfolio of assets across key Colombian hydrocarbon basins, has provided an update on the operational activity at the Mateguafa field on the Tapir Block in the Llanos Basin of Colombia.

Genel Energy has issued a trading and operations update in respect of the third quarter and first nine months of 2025. The Tawke and Peshkabir fields in the Kurdistan region of Iraq are currently back to producing around 80,000 bopd.

Northern Ocean has announced that the contract for Deepsea Mira with Rhino Resources has been amended to incorporate an additional firm well test.

PETRONAS, through Malaysia Petroleum Management (MPM), signed a series of Memoranda of Understanding (MoUs) at ADIPEC 2025, demonstrating its commitment to global collaboration and technology driven innovation.

PETRONAS, through its wholly-owned subsidiary PETRONAS Energy Guyana, has signed a Petroleum Agreement (PA) for Block S4, located in the shallow offshore region of Guyana. The PA was executed with the Government of the Cooperative Republic of Guyana, t…

SED Energy Holdings has announced that its wholly owned subsidiary, SeaBird Exploration, has signed a three-month contract extension for OBN source work for the Fulmar Explorer in the Western Hemisphere.

SED Energy Holdings has announced that its wholly owned subsidiary, SeaBird Exploration, has signed a three-month contract extension for OBN source work for the Fulmar Explorer in the Western Hemisphere.

Abu Dhabi Future Energy Company PJSC – Masdar, a global clean energy leader, has signed a Battery Storage Service Agreement with JSC Uzenergosotish, Uzbekistan’s state-owned joint-stock company, to develop the nation’s largest standalone battery energy…

CWP Energy has reached financial close on the Sanquhar II Wind Farm, with KfW IPEX-Bank, marking a major international investment milestone for the UK’s largest onshore renewable energy project this year.

SSE Renewables and FuturEnergy Ireland have announced the start of pre-construction works on the 58MW Drumnahough Wind Farm in County Donegal. The 58MW Donegal project will bring Ireland closer to meeting its 2030 decarbonisation targets.

TotalEnergies (40%, operator) and its partners QatarEnergy (35%) and Petronas (25%) have signed a production sharing contract for Block S4 with Guyana’s Ministry of National Resources, following the block’s 2023 award in the Guyana 2022 Licensing Round…

Statkraft, Europe’s largest producer of renewable energy, inaugurates new solar farms and batteries at the climate summit COP30 in Belém. The hybrid projects are utilising some of the world’s best solar and wind resources in Brazil to cut emissions and…

The Nordex Group has secured a new order from its long-standing customer SSE for the supply and installation of seven N163 wind turbines in two wind farms, located near Portalrubio, Teruel, in the Aragón region of Spain.

VAALCO Energy has reported operational and financial results for the third quarter of 2025. Reported net income of $1.1 million ($0.01 per diluted share), Adjusted Net Loss of $10.3 million ($(0.10) per diluted share) and Adjusted EBITDAX of $23.7 mill…

PETRONAS, through Malaysia Petroleum Management (MPM), has formalised an agreement with Gilang Cendana Sdn Bhd (GCSB), a subsidiary of Putrajaya Holdings Sdn Bhd (PjH) to develop the PETRONAS Geoscience Technology Centre (PGTC).

Venture Global and Naturgy have announced the execution of a new long-term Sales and Purchase Agreement (SPA) for the purchase of 1 million tonnes per annum (MTPA) of liquefied natural gas (LNG) from Venture Global for twenty years beginning in 2030.

Worley Canada Construction, in partnership with George Gordon Developments Limited (GGDL) and Wicehtowak Solar Inc., is delivering Canada’s largest Indigenous-owned solar project.

Occidental has announced net income attributable to common stockholders of $661 million and adjusted income attributable to common stockholders of $649 million for the third quarter of 2025. Total company average production exceeded the high end of gui…

RWE has successfully secured two of the 42 projects in the latest bidding round. Fully owned by RWE, the two projects have a total capacity of 21.6 MW. The Balinot wind project reinforces RWE’s regional presence in the Oise department, and the Langonne…

EBRD invests an additional US$ 40 million in Infinity, increasing its total commitment to US$ 141.5 million
Funding will support development of 3 GW of renewable energy projects across Africa through Infinity’s subsidiary, Infinity Power.

Eni has celebrated the thirtieth anniversary of its listing in the US market at the New York Stock Exchange (NYSE), attended by the Chief Executive Officer Claudio Descalzi and Eni’s top management.

EnQuest has signed new six-year, senior secured Reserves Based Lending (‘RBL’) facilities totalling $800 million, comprising: a $400 million secured revolving loan facility; a $400 million secured revolving letter of credit (‘LoC’) facility; and an acc…

KBR has been selected by ENKA to provide detailed engineering design services for the Associated Gas Upstreasm Project Phase 2 (AGUP2), as part of the Gas Growth Integrated Project (GGIP) operated by TotalEnergies alongside its partners BOC and Qatar E…

Cadeler today has announced the signing of two firm contracts covering the full-scope transportation and installation of offshore wind turbines and their foundations for an upcoming offshore wind farm development with a combined value projected to be a…

Offshore Energies UK (OEUK) has today (Friday 7 November) responded to the joint Chamber letter sent to the Treasury, which calls for the replacement of the Energy Profits Levy.

Borr Drilling has announced unaudited results for the nine months ended September 30, 2025. Total operating revenues of $277.1 million, an increase of $9.4 million or 4% compared to the second quarter of 2025. Net income of $27.8 million, a decrease of…

TIS Energy has announced the successful completion of its acquisition of Avenir Energy’s shares in Avenir Energy Pty Ltd, which holds a participating interest in the Manora Oil Field, located in the Gulf of Thailand. The Manora Oil Field, situated with…

A new €7.3 million project is tackling one of offshore wind’s biggest barriers, by developing superconducting cables that can deliver power from deep-sea turbines with near-zero energy loss. Air Liquide, CentraleSupélec, ITP Interpipe, Nexans and RTE h…

Sweden’s key messages for global climate action are urgency based on science to increase the pace of work and opportunities in the form of improved competitiveness, new jobs and growth, as well as innovation and development. Sweden is also one of the w…

OMV, Austria’s integrated energy, fuels and chemicals company, and Masdar, a global clean energy leader, have signed a binding agreement to establish a joint venture (JV) for the financing, construction and operation of the 140 MW green hydrogen electr…

The Bureau of Ocean Energy Management has announced two major steps toward expanding offshore energy development pursuant to the One Big Beautiful Bill Act.

With the successful installation of all monopile foundations for the wind turbines and their accompanying secondary steel structures, a further significant milestone in the Nordseecluster A offshore project has been reached. The Nordseecluster is locat…

Aker BP and its partners have drilled a dry well in the Yggdrasil area in the North Sea. Well 30/11-16 S (‘Natrudstilen’) was drilled in production licence 873, just over 1 km east of Fulla. The well has been permanently plugged and abandoned.

The Scottish Government has unveiled its draft climate action plan, outlining how it intends to reach net-zero greenhouse gas emissions by 2045.

Geoteric, the global frontrunner in AI-powered seismic interpretation solutions, is pleased to announce that leading independent energy company, Perenco has signed a deal to continue usage of its Geoteric AI licenses.

Government policy is putting the UK’s domestic gas production and energy transition at risk, a major energy infrastructure company has warned. The warning comes as local MPs and senior industry figures held a roundtable meeting on Thursday, organised b…

The Norwegian Offshore Directorate has granted Equinor Energy a drilling permit for well 7220/7-5 in production licence 532.

Odfjell Technology reports third-quarter 2025 revenue of NOK 1,434 million and EBITDA of NOK 202 million compared to EBITDA of NOK 193 million in Q2 2025. The EBITDA margin was 14%, reflecting solid operational performance. The Group’s contract backlog…

ADNOC Gas and its subsidiaries, a world-class integrated gas processing and sales company, has announced a multi-year agreement with AIQ and Gecko Robotics to deploy AI and robotics across its facilities, marking for ADNOC Gas and AIQ a strategic entry…

ADNOC Gas and its subsidiaries, a world-class integrated gas processing and sales company, has announced a multi-year agreement with AIQ and Gecko Robotics to deploy AI and robotics across its facilities, marking for ADNOC Gas and AIQ a strategic entry…

ConocoPhillips reported third-quarter 2025 earnings of $1.7 billion, compared with third-quarter 2024 earnings of $2.1 billion. Excluding special items, third-quarter 2025 adjusted earnings were $2.0 billion, compared with third-quarter 2024 adjusted e…

ConocoPhillips reported third-quarter 2025 earnings of $1.7 billion, compared with third-quarter 2024 earnings of $2.1 billion. Excluding special items, third-quarter 2025 adjusted earnings were $2.0 billion, compared with third-quarter 2024 adjusted e…

Seadrill has announced its third quarter 2025 results. The Company secured over $300 million in new contracts across five rigs, including all three assets in the Sonadrill joint venture in Angola, reaffirming its position as a leading operator in the r…

To bring its contribution to the public debate around the energy transition, TotalEnergies publishes the 7th edition of its ‘TotalEnergies Energy Outlook’, which presents an overview of the energy system and scenarios for its evolution up to 2050.

Scatec, a leading renewable energy solutions provider, and its joint venture partner Aboitiz Renewables, have been awarded a 20-year Power Purchase Agreement (PPA) for a 68 MW floating solar project in the Philippines under the Department of Energy’s G…

KBR will provide detailed design and engineering services for QatarEnergy’s Bul Hanine EPIC project, situated approximately 120 kms east of Doha. Bul Hanine is one of Qatar’s significant offshore oilfields and a vital contributor to the country’s produ…

Harbour Energy has provided an unaudited Trading and Operations Update for the nine months to 30 September 2025. 2025 free cash flow outlook reinforced and production guidance upgraded.

Block Energy, the development and production company focused on Georgia, has announced the successful completion of a £1.5 million equity fundraising and an update on operational and asset progress across its portfolio.

Panoro Energy has provided an operations update in advance of its Q3 2025 results. The flagship Dussafu block offshore Gabon continues to perform strongly. With preparations underway for the four-well MaBoMo Phase 2 development drilling campaign in 202…

Aker BP and DNO have entered into agreements that strengthen Aker BP’s position in the Alvheim area and accelerate the development of the Kjøttkake discovery. The agreements include an exchange of ownership interests across several licences and the tra…

Staatsolie Maatschappij Suriname has signed Production Sharing Contracts (PSCs) for offshore Blocks 9 and 10. The contracts were signed with the operators PETRONAS Suriname E&P (Block 9) and Chevron Suriname Exploration (Block 10).

In the third quarter of 2025, Vestas generated revenue of EUR 5,339m – an increase of 3.1 percent compared to the year-earlier period. EBIT before special items amounted to EUR 416m, resulting in an EBIT margin before special items of 7.8 percent, comp…

Vestas has announced four new orders for a total of 200 MW as part of its Q4 order intake. Three orders from Germany and one from Italy.

Petro Matad, the AIM quoted Mongolian oil company, has provided an operational update. The Gazelle-1 well, which was tested in October, has been brought onto production at an initial rate of 200 bopd. Heron-2 re-test is ongoing. Heron-1 reached the fir…

Union Jack Oil, a UK and USA focused onshore hydrocarbon, production, development, exploration and investment company, has provided an update on test results at the Sark well, located in Central Oklahoma, USA. Post well analysis indicates the Sark well…

DOF Group has announced that three PLSVs (pipelay support vessels) owned through a joint venture between DOF (50%) and TechnipFMC (50%)have secured contract extensions with Petrobras in Brazil.

TGS and Chevron have signed a three-year capacity agreement for marine streamer and OBN acquisition services. The parties plan to collaborate on seismic acquisition projects utilizing TGS streamer and OBN crews for exploration and development projects.

DNO, the Norwegian oil and gas operator, has reported a streamlining of its Norwegian Continental Shelf portfolio through a multi-asset swap with Aker BP. The swap is in line with DNO’s strategy of highgrading its North Sea portfolio following the acqu…

Halliburton released LOGIX™ unit vitality, in addition to the LOGIX™ automation and remote operations family of solutions. The system monitors cementing equipment in real-time, prepares for upcoming jobs, and provides direct insight into equipment oper…

Allseas has been awarded the contract to install a new export pipeline that will significantly enhance oil transport capacity, flexibility and efficiency in the central of Gulf of America. The Rome Pipeline is part of a broader strategy to expand and m…

The European Investment Bank (EIB) has signed a €500 million green loan to Iberdrola for the Windanker offshore wind farm, a flagship clean energy project currently under construction in the German Baltic Sea.

As part of the National Oil Corporation’s (NOC) participation in the Abu Dhabi International Oil and Gas Exhibition and Conference (ADIPEC 2025), Eng. Masoud Suleman Musa, Chairman of the Board of Directors of the NOC, met with Mr. Claudio Descalzi, CE…

KBR has been awarded a detailed engineering contract for the Bul Hanine oil and gas field in Qatar. Bul Hanine is one of Qatar’s significant offshore oilfields and a vital contributor to the country’s production portfolio.

Finder Energy Holdings has announced the signing of a farmout agreement to assign a 40% interest in Seaward Production Licence P2530 to Serica Energy (UK). Finder will retain a 20% interest in, and operatorship of, the Licence, which contains the Wagta…

XRG, the international energy investment platform launched by ADNOC in November 2024, has signed non-binding Heads of Terms to acquire a stake in Southern Gas Corridor CJSC (SGC) from the Ministry of Economy of the Republic of Azerbaijan.

bp has announced third quarter 2025 results. Strong operations contributed to good earnings and cash generation in the third quarter plus significant progress upstream and improved reliability and profitability downstream.

Nordex Group delivers strong 3Q/2025 performance with significant margin expansion and robust free cash flow. Sales reached around EUR 1.7 billion in 3Q/2025, in line with the previous year quarter (3Q/2024: EUR 1.7 billion).

Nordex Group delivers strong 3Q/2025 performance with significant margin expansion and robust free cash flow. Sales reached around EUR 1.7 billion in 3Q/2025, in line with the previous year quarter (3Q/2024: EUR 1.7 billion).

Global energy technology company SLB has announced the launch of Tela™, an agentic AI assistant purpose-built to transform the upstream energy sector. Tela leverages agentic AI to not only automate processes but transform workflows and drive better bus…

OKEA continued to deliver on and above plan on its operated assets and made a significant discovery with the Talisker exploration well at Brage. Production was solid, with the additional volumes produced from the new Sognefjord East well on Brage offse…

OKEA continued to deliver on and above plan on its operated assets and made a significant discovery with the Talisker exploration well at Brage. Production was solid, with the additional volumes produced from the new Sognefjord East well on Brage offse…

Energean has announced the signing of a Letter of Intent (LOI) with Cyfield, a leading Cypriot industrial and energy group, for the potential supply of natural gas to Cyfield’s planned power generation facility in the Mari area of Larnaca.

Odfjell Technology (UK) has confirmed a two-year extension to its Master Service Agreement with Serica Energy (UK). This continued collaboration highlights the strong relationship and ongoing commitment to delivering high-quality campaign support and m…

LUKOIL has received an offer from Gunvor Group to purchase LUKOIL International GmbH (100% subsidiary of PJSC ‘LUKOIL’ which owns international assets of LUKOIL Group). The key terms of the transaction have been earlier agreed by the parties. LUKOIL ac…

Eni and PETRONAS have announced a binding agreement to establish an independent company (NewCo) under equal ownership, by combining their respective upstream assets in Indonesia and Malaysia.

Shell New Energies US, a subsidiary of Shell, has voluntarily withdrawn from Atlantic Shores Offshore Wind, LLC (Atlantic Shores), assigning its 50% outstanding membership interests to existing joint venture partner, EDF-RE Offshore Development, LLC (E…

Meren Energy, a full-cycle Independent upstream oil and gas company with interests offshore Nigeria, Namibia, South Africa and Equatorial Guinea, has announced that its common shares have qualified to trade on the OTCQX Best Market in the United States.

bp has reached an agreement for Sixth Street-managed funds to purchase non-controlling interests in Permian and Eagle Ford midstream assets of bpx energy – bp’s US onshore oil and gas business. bpx will remain operator of all the assets.

Production from the Saltfleetby Field in the Third Quarter of 2025 was 374 million standard cubic feet of natural gas and 6,519 barrels of gas condensate. Gas sales of 4.16 million therms were achieved in the Quarter from the Saltfleetby Field. Legacy …

Kosmos Energy has announced its financial and operating results for the third quarter of 2025. For the quarter, the Company generated a net loss of $124 million, or $0.26 per diluted share. When adjusted for certain items that impact the comparability …

Aker Solutions has secured a sizeable four-year contract extension to provide onshore and offshore inspection services. Aker Solutions will continue to deliver inspection services across more than 15 operating facilities in Norway.

Capsol Technologies, a leading provider of carbon capture technology, has signed a CapsolGo[®] rental agreement with a large European cement producer. The agreement includes the delivery of a six-month carbon capture and liquefaction demonstration camp…

Cenovus Energy has announced its third-quarter 2025 financial and operating results. The company generated approx. $2.1 billion in cash from operating activities, $2.5 billion of adjusted funds flow and $1.3 billion of free funds flow. Operating result…

The eight OPEC+ countries, which previously announced additional voluntary adjustments in April and November 2023, namely Saudi Arabia, Russia, Iraq, UAE, Kuwait, Kazakhstan, Algeria and Oman, met virtually on 2 November 2025 to review global market co…

TAG Oil has received approval to enter into a petroleum services agreement (‘PSA’) by the Egyptian National Petroleum for Exploration and Development Company (‘ENPEDCO’) for the development of the unconventional Abu Roash ‘F'(‘ARF’) reservoir within th…

Copenhagen Infrastructure Partners (CIP), through its CI Advanced Bioenergy Fund I (CI ABF I), has made a final investment decision to acquire a combined pre-treatment and biogas plant from Ørsted, a Danish renewable energy company.

QatarEnergy has awarded Samsung C&T Corporation the engineering, procurement, and construction (EPC) contract for a landmark carbon capture and sequestration (CCS) project to serve QatarEnergy’s existing LNG production facilities in Ras Laffan Industri…

Chevron reports earnings of $3.5 billion; adjusted earnings of $3.6 billion Record production of 4.1 million BOE per day; 21 percent higher than last year. Cash flow from operations of $9.4 billion; adjusted free cash flow of $7.0 billion.

Pandion Energy has completed the previously announced agreement to sell its participating interests in three assets, comprising seven production licenses on the Norwegian Continental Shelf (NCS), to INPEX Idemitsu Norge.

Exxon Mobil Corporation on Oct 31 announced third-quarter 2025 earnings of $7.5 billion, or $1.76 per share assuming dilution. Cash flow from operating activities was $14.8 billion and free cash flow was $6.3 billion. Shareholder distributions totaled …

Simply Blue Group, a leading developer of renewable energy projects, has announced that Kansai Electric Power Co., Inc. (‘KEPCO’) has signed a Share Subscription Agreement with Simply Blue Group’s offshore wind development arm. This strategic investmen…

Prospex Energy, the AIM quoted investing company focused on European gas and power projects, has confirmed that gas production from the Viura-1B well in the Viura gas field in northern Spain has reached the planned plateau rate of 180,000 normal cubic …

Octopus Renewables Infrastructure Trust has announced that investee company, Simply Blue Holdings, has signed a Share Subscription Agreement with Kansai Electric Power Company, Incorporated, to acquire an 80% stake in Simply Blue Energy OSW Ltd (‘SBE O…

BW Energy has provided an update on the Kharas-1 appraisal well, which has reached total depth and drilled multiple formations present across the Kudu license. Preliminary results are encouraging. Several intervals show indications of hydrocarbon prese…

Aker Solutions has delivered strong growth and solid margins in the third quarter of 2025. Several milestones have been met on the project portfolio in the period. The company now expects revenues in 2025 to exceed NOK 60 billion.

SLB has announced the award of two sizeable engineering, procurement, and construction (EPC) contracts by PTT Exploration and Production Public Company Limited (PTTEP) to its OneSubsea™ joint venture. The contracts build on a 20-year collaboration betw…

Valaris has reported third quarter 2025 results. Net income of $187 million compared to $114 million in the second quarter 2025. Net income included a gain on sale of assets of $90 million compared to $1 million in the second quarter. Adjusted EBITDA o…

80 Mile PLC, the AIM, FSE, and OTC listed exploration and development company with projects in Greenland, Finland and Italy, notes the recent announcement as of October 28th, by its US joint venture partner, March GL Company and Pelican, regarding the …

AIM-listed Chariot, the Africa focused energy company, has signed a Memorandum of Understanding (MoU) with ACWA Power, one of the world’s largest renewable energy companies, to explore the creation of a southern African sustainable energy business.

GeoPark has confirmed its Board of Directors has reviewed and unanimously rejected an unsolicited, non-binding proposal from Parex Resources to acquire GeoPark in an all-cash transaction for $9.00 per share, received on September 4, 2025, prior to the …

bp has provided an update following its significant hydrocarbon discovery at the Bumerangue block, located in the pre-salt Santos Basin, offshore Brazil. The discovery marks bp’s largest in 25 years, reinforcing the company’s commitment to growing its …

Searcher, a leading provider of global geoscience data solutions, has announced the launch of a major seismic reprocessing initiative covering 8,500 km of offshore data in Equatorial Guinea. The project aims to deliver the highest-resolution imaging of…

EnerMech has been awarded a pipeline pre-commissioning contract by McDermott in support of Shell Trinidad and Tobago’s Manatee gas development. The Company will deliver critical services across a 115km, 32-inch offshore pipeline.

Kanadevia Inova, a global leader in solutions for the energy transition and circular economy, has announced the successful acquisition of the Wardley Biogas and Lower Drayton biogas plants in the UK.

During the first nine months of the year, Vattenfall has taken decisive steps in both wind and nuclear power to enable new fossil-free electricity production. The underlying operating profit increased, mainly due to improved development of price hedgin…

Statkraft’s results in the third quarter of 2025 decreased despite higher production. The results were impacted by low prices in Northern Norway, reduced contribution from Markets, and negative hedging effects. Statkraft signed agreements to sell asset…

Shell has announced its Q3 2025 results. Shell delivered another strong set of results, with clear progress across its portfolio and excellent performance in its Marketing business and deepwater assets in the Gulf of America and Brazil. Despite continu…

Getech, a world-leading locator of subsurface resources, has announced a recent period of strong trading, signing twelve contracts over the last month for its products and services.

In the third quarter, Scatec continued to progress on its strategy, reinforcing its position as a leading provider of renewable energy in high-growth markets. Proportionate revenues increased by 22% to NOK 2,953 million (2,416 million), and EBITDA came…

The Portuguese Institute for Sea and Atmosphere (IPMA) has appointed ABL Group company OWC and Hidromod to support the geophysical and geotechnical surveys at two wind farm areas offshore Portugal.

RWE is building Germany’s largest battery storage facility to date at the Gundremmingen energy site. The 400-megawatt plant will have a storage capacity of 700 megawatt hours and will use the nuclear power plant’s existing grid connection, which is cur…

Acteon, the expert in offshore infrastructure and Wynnergy Marine, a Taiwan-based marine solutions provider, have signed a strategic Memorandum of Understanding (MOU) to jointly deliver renewable energy projects across the region.

The call for action on consumer energy debt forms part of a series of recommendations in the first part of the Energy Security and Net Zero select committee’s report into the Cost of Energy. In the second part of the inquiry, the committee will be look…

More than half (55%) of the UK’s offshore energy firms have reduced their staff headcount in the past year, according to the latest Offshore Energies UK (OEUK) Pulse Survey. OEUK’s proposal to reform the Energy Profits Levy in 2026 is supported by its …

The Norwegian Offshore Directorate has granted Equinor a drilling permit for well 7018/5-2 in production licence 1236.

QatarEnergy has signed a 17-year Sales and Purchase Agreement (SPA) with Gujarat State Petroleum Corporation (GSPC) for the supply of up to 1 million tons per annum (MTPA) of LNG to the Republic of India.

Solstad Maritime has announced the first optional 1-year contract extension for Normand Vision with Ocean Installer AS, in direct continuation of the current agreement. This extension secures operations through the end of 2027.

Equinor delivered an adjusted operating income of USD 6.21 billion and USD 1.51 billion after tax in the third quarter of 2025. Equinor reported a net operating income of USD 5.27 billion and a net loss of USD 0.20 billion. Adjusted net income was USD …

Velesto Energy and ICON Engineering have signed an agreement to deliver Rig-Installed Wellhead Platforms (RIWHPs) for offshore oil and gas developments in Malaysia.

MDL has supported Maersk Supply Service in a dynamic riser assembly installation offshore Brazil. The operation at Mero field, in the pre-salt Santos basin, has enabled connection to a PRM (Permanent Reservoir Monitoring) sensor grid on a deepwater field.

New report shows well interventions contributed more than a month’s supply in 2024, despite drop in activity. Operators urged to collaborate with supply chain and unlock cost-efficient production. NSTA also keen for industry to target development drill…

The NSTA published its latest Wells Insights Report on 28 October 2025, offering a comprehensive overview of UKCS well stock and activity and providing valuable insights into trends and performance across the basin.

Borr Drilling has announced contract extensions for three of its premium jack-up rigs and provided an update on collections in Mexico.

The Greenvolt Group, through Greenvolt Power, has signed a €35 million project finance agreement with Ringkjøbing Landbobank to finance the construction and operation of a large-scale hybrid project in Høegholm, Denmark, combining solar photovoltaic ge…

Odfjell Technology has been awarded a contract to supply fishing services for drilling and workover operations with a major oil and gas company in Kuwait. The contract, which is for five years with a one-year option period, will see Odfjell Technology …

The offshore wind industry is offering funding worth up to £25 million to each UK-based company wanting to enter the offshore wind supply chain or to expand their existing facilities. The grants will boost the volume of wind farm components being made …

Seatrium, a global leader in offshore and marine engineering solutions, has secured a series of repair and upgrade contracts worth an aggregate of about S$170 million.