Latest News
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24 Mar 26
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24 Mar 26
UK: EnerMech wins five-year North Sea contract on Kraken FPSO
EnerMech has secured a five-year contract to provide Bumi Armada with crane management and lifting services on the Armada Kraken Floating Production Storage and Offloading (FPSO) vessel in the UK North Sea East of Shetland. -
24 Mar 26
Pakistan: OGDCL commences oil production from Pasakhi-13 - Pakistan's first successful horizontal oil well in clastic reservoirs
Oil and Gas Development Company Limited (OGDCL), has successfully commenced oil production from its development well Pasakhi-13, marking a historic milestone as Pakistan's first successful horizontal oil well in clastic reservoir (lower Goru - A sand). -
24 Mar 26
Germany: Vestas announces new order in Germany
Vestas has announced the following order as part of its Q1 order intake. Customer is Alterric. Delivery of the 29 MW Ober-Mörlen project is planned to begin in Q3 2027, with commissioning scheduled to begin in Q4 2027. -
24 Mar 26
Guyana: SBM Offshore awarded FEED contracts for the Longtail project in Guyana
SBM Offshore has been awarded contracts by ExxonMobil Guyana, an affiliate of Exxon Mobil Corp, to perform Front End Engineering and Design (FEED) studies for a Floating Production, Storage and Offloading vessel (FPSO) for the Longtail development project in Guyana. This is the sixth FPSO award from ExxonMobil Guyana. -
24 Mar 26
UK must back domestic oil and gas alongside renewables to secure energy supply
The UK will continue to need significant volumes of oil and gas for decades to come, even with accelerating use of renewables, according to the OEUK Business Outlook Report 2026 on the UK’s offshore energy system. -
24 Mar 26
UK: Ofgem announces biggest shortlist of bidders since 2019 with offshore transmission assets for three major North Sea windfarms up for auction
Ofgem has announced it has shortlisted its biggest field of bidders since 2019, who can all now compete to own and operate the offshore electricity transmission links for three major North Sea wind farms off Great Britain’s east coast. -
24 Mar 26
Poland: Prospex Energy announces formal offer of onshore Polish licences
Prospex Energy, the AIM quoted investing company focused on European gas and power projects, has announced that its wholly owned subsidiary, PXEN Tatra Sp z.o.o. ('PXEN Tatra') has been formally offered the San and Dunajec onshore licence areas in Poland. -
24 Mar 26
US: Zephyr Energy announces operations update
Zephyr Energy, a technology-led oil and gas company focused on responsible resource development from carbon-neutral operations in the Rocky Mountain region of the United States, has announced an operations update. -
24 Mar 26
US: Interior and TotalEnergies agree to end US Offshore Wind Projects, lowering costs for American families
Following TotalEnergies announcement that it has signed agreements with U.S. Department of Interior to end its U.S. Offshore Wind Projects, the Department of the Interior announced a landmark agreement with TotalEnergies for the company to redirect capital from expensive, unreliable offshore wind leases toward affordable, reliable natural gas projects that will provide secure energy for hardworking Americans. -
24 Mar 26
European Commission approves €5 billion Danish State aid scheme to support offshore wind energy
The European Commission has approved a €5 billion (DKK 37.6 billion) Danish scheme to support offshore wind energy in line with the objectives of the Clean Industrial Deal. -
24 Mar 26
Italy: European Energy divests 151 MW solar PV project in Sicily
European Energy has completed the divestment of its remaining stake in a 151 MW solar PV project located in Mineo, Sicily, to the Italian investment management firm Sosteneo. -
23 Mar 26
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23 Mar 26
US: TotalEnergies signs agreements with U.S. Department of Interior to end its U.S. Offshore Wind Projects
TotalEnergies has signed settlement agreements with the United States Department of the Interior (DOI) to relinquish its Carolina Long Bay lease (Lease OCS-A 0545) and its New York Bight lease (Lease OCS-A 0538), both awarded in 2022, along with its partners. As a result, TotalEnergies will no longer develop offshore wind projects in the United States. -
23 Mar 26
Brazil: Equinor strengthens integrated power portfolio in Brazil
Equinor has acquired the ready to build 230 MW Esquina do Vento onshore wind complex from Vestas. With this investment Equinor expands its broad energy offering in Brazil, further strengthening its integrated power portfolio for long-term growth in one of the company’s core markets. -
23 Mar 26
France: Technip Energies invests in Verso Energy’s DEZiR eSAF project in Rouen
Technip Energies has signed an agreement with Verso Energy to acquire a minority equity stake in the DEZiR project, a synthetic aviation fuel ('eSAF') plant located in Rouen, France. This investment demonstrates Technip Energies’ support for this major industrial initiative, which has been selected under the France 2030 program and the European Innovation Fund.
