Latest News
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26 Jan 26
UK and Europe sign historic pact to drive clean energy future
Energy Secretary Ed Miliband has signed a historic clean energy security pact – the Hamburg Declaration – with European allies to bolster energy security for families and businesses across the UK and Europe, in an era of global instability. -
26 Jan 26
Vattenfall responds to offshore wind pact at the North Sea Summit
Vattenfall has responded to the news that North Sea countries have agreed to deliver 100 GW of offshore wind power through joint clean-energy projects. -
26 Jan 26
Denmark: Thor offshore wind farm receives green light for electricity production from the Danish Energy Agency
The Danish Energy Agency has granted a 30-year electricity production licence to Thor offshore wind farm, marking a significant milestone for what will become Denmark’s largest offshore wind project. With a total installed capacity exceeding one gigawatt, Thor is expected to supply renewable electricity to the equivalent of approx. one million Danish households once fully operational in 2027. -
26 Jan 26
Libya: TotalEnergies signs the extension of the Waha Concessions until 2050
TotalEnergies signed an agreement extending the Waha Concessions in Libya up to December 31, 2050. The agreement sets new fiscal terms allowing to increase the production of these concessions that are currently producing around 370,000 barrels of oil equivalent per day (boe/d). Therefore, it paves the way for a new phase of investments, including the development of the North Gialo field, which is expected to add 100,000 boe/d of production. -
26 Jan 26
Benin: Akrake Petroleum finishing drilling operations on well in Sèmè Field for production in February
Rex International Holding has announced that Rex’s indirect subsidiary, Akrake Petroleum Benin, is finishing drilling operations on the AK-2H production well in the Sèmè Field in Block 1, Benin. The well is expected to be ready for production during the first week of February 2026. -
26 Jan 26
UK: OEUK: Public and private investors key to unlocking UK energy investment
Offshore Energies UK is hosting a briefing for senior investors in Aberdeen which will focus on unlocking finance to secure future energy supply and the expansion of renewables. The UK government’s Clean Power 2030 Action Plan estimates that more than £100 billion of investment will be required between 2025 and 2030 to meet its ambitions for future power. -
26 Jan 26
Morocco: Sound Energy announces Morocco operational update - Tendrara Development and Anoual Exploration Permits
Sound Energy, the AIM quoted transition energy company, has announced an operational update on the Tendrara Phase I Production Concession and Anoual Exploration Permits. -
26 Jan 26
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26 Jan 26
Norway: Noble Corporation announces new contract awards totaling $1.3 billion and strategic entry into the Norwegian floater market
Noble Corporation has announced new contract awards for 9 rigs comprising approx. $1.3 billion of backlog, including a three-year contract for the harsh environment semisubmersible Noble GreatWhite,which will expand the Company's existing Norway presence into the harsh environment floater market. -
26 Jan 26
US: DeepOcean completes U.S. offshore wind contract
Global ocean services provider DeepOcean has successfully completed trenching and survey operations on inter-array cables for a U.S. offshore wind project. -
25 Jan 26
Kongsberg Maritime formally on its way to becoming a stand-alone company
At an extraordinary general meeting of Kongsberg Gruppen, the separation of Kongsberg Maritime was formally approved by the shareholders. The plan is to list the world-leading maritime company on the Oslo Stock Exchange on April 23.
