Latest News
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30 Jun 25
UK: Balfour Beatty secures £833 million Net Zero Teesside contract
Balfour Beatty, the international infrastructure group, has been awarded an £833 million contract by Technip Energies to act as the construction partner for Net Zero Teesside Power – an Onshore Power, Capture and Compression project and poised to be the world’s first gas-fired power station with carbon capture and storage. -
30 Jun 25
UK: Oil & Gas to wind cross-skill pilot success in Grangemouth and Aberdeen
Delivering an integrated technician workforce for a just energy transition between oil and gas to wind has moved a step closer, thanks to a pilot cross-skill programme in Aberdeen and Grangemouth. -
30 Jun 25
Brazil: Fugro awarded four multi-year contracts by Petrobras
Petrobras has announced tender results awarding Fugro four significant multi-year contracts for the inspection and monitoring of critical subsea infrastructure in Brazil. The combined value of the contracts over the next four years is approximately USD 340 million. -
30 Jun 25
Congo Brazzaville: Eni launches its first agri-hub in the Republic of the Congo
Eni has inaugurated, in the central-southern part of the Republic of the Congo, the first vegetable oil extraction plant in the country. The initiative marks the beginning of industrial-scale vegetable oil production for biorefining. -
30 Jun 25
Suriname: TotalEnergies acquires 25% interest in Block 53
TotalEnergies has signed an agreement to acquire the 25% interest held by Moeve (formerly known as CEPSA) in Block 53, offshore Suriname. Block 53 lies directly east of Block 58, where TotalEnergies (40%, operator) and its partners announced the Final Investment Decision for the GranMorgu development in October 2024. -
30 Jun 25
Wood Group notified of an investigation by the Financial Conduct Authority
Following the independent review first announced by John Wood Group on 7 November 2024, the Company has been notified by the Financial Conduct Authority (the 'FCA') of its commencement of an investigation into the Company covering the period from 1 January 2023 to 7 November 2024. -
27 Jun 25
UK: Department for Energy Security and Net Zero rejects CfD for the Morocco-UK Power Project
The UK Government’s Department for Energy Security and Net Zero (‘DESNZ’) announced today that it is no longer considering a Contract for Difference (‘CfD’) for the Morocco-UK Power Project at this time. -
27 Jun 25
Hungary/Azerbaijan: MOL Group takes delivery of first joint shipment of Azeri crude oil as part of MVM - MOL cooperation
The first joint shipment of Azeri crude oil has arrived at the port of Omisalj on the Adriatic coast as a result of the cooperation between MVM Group and MOL Group. -
27 Jun 25
Vietnam: Petrovietnam and its JV partners sign PSC for Block 15-1
Petrovietnam and its joint venture partners have officially signed the Product Sharing Contract (PSC) for Block 15-1 in the southern continental shelf of Vietnam. The signing officially kicks off Phase 2B of the White Lion Project, a major $1.3 billion investment. -
27 Jun 25
Indonesia: MedcoEnergi acquires Repsol’s participating interest in Corridor PSC
Medco Energi has reached agreement with Repsol E&P to acquire Fortuna International (Barbados), which holds an indirect 24% interest in the Corridor Production Sharing Contract. -
27 Jun 25
Enverus unveils 2024 Top 100 Private Operators: A New era of agility, innovation and strategic shifts
Enverus, the most trusted energy-dedicated SaaS company that leverages generative AI across its solutions, has released its annual list of the most prolific 100 private oil and gas producers in the U.S. based on gross operated production, well count and rig movements across last year. -
27 Jun 25
Soiltech wins work on FPSO
Soiltech has been awarded a contract for fluid treatment on a floating production, storage and offloading vessel – FPSO. The work is expected to be performed in the second half of 2025. -
26 Jun 25
Fugro to support deepwater gas project for Eni in Eastern Mediterranean
Fugro has been awarded a contract to run a comprehensive site characterisation programme for an Eni operated development of a deepwater gas project in the Eastern Mediterranean. -
26 Jun 25
Brazil: Petrobras signs agreement to develop offshore operations in Sao Paulo
Petrobras, the Secretariat for Economic Development of the State of São Paulo, the InvestSP agency and the Brazilian Energy Council (Brenc) formalized a protocol of intentions to boost the offshore sector on the coast of São Paulo, aiming to strengthen the oil, gas and energy production chain in Brazil. -
26 Jun 25
Eni and BMW Italia form an alliance for sustainable mobility
Eni and BMW Italia signed a Letter of Intent (LOI) to develop joint initiatives aimed at supporting the energy transition of the road transport sector. In particular, this agreement seeks to integrate biofuels with an increasingly broad offering of electric mobility services. -
26 Jun 25
UK: Introducing Adura: The UK North Sea’s largest independent oil and gas producer
The name of the UK North Sea’s largest independent oil and gas producer has been revealed today, marking a major milestone in the creation of the new company. Equinor and Shell made the joint announcement to staff – with Adura chosen as the bold new presence for their incorporated joint venture (IJV). -
26 Jun 25
Germany: RWE celebrates topping-out ceremony for a new offshore wind control centre in Germany
RWE has celebrated the topping-out ceremony for it's new offshore wind control centre in Germany, where RWE's existing and future offshore wind farms in Germany and continental Europe will be monitored and controlled around the clock.
