Latest News
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22 Feb 26
Denmark: BlueNord and partners invited to explore an extension of the DUC license beyond its current 2042 expiry
The Danish Ministry of Climate, Energy and Utilities has invited BlueNord and its partners in the Danish Underground Consortium (the 'DUC') to explore an extension of the DUC license beyond its current 2042 expiry. -
22 Feb 26
Mauritius: Qair secures Mauritius’ largest energy project financing in a decade
Independent renewable energy company Qair has announced the completion of financing for its flagship hybrid Stor'Sun project in Mauritius. The Stor'Sun project is a testament to Qair’s expertise in securing tailored financial partnerships for complex and innovative renewable energy initiatives. -
22 Feb 26
Australia: Santos agrees key terms with South Australian Government for 200PJ of gas over 10 years from 2030
Santos has executed a binding term sheet with the South Australian Government for the long-term supply of gas to support the transformation of the Whyalla Steelworks into a low-emissions green iron facility, subject to certain conditions. -
22 Feb 26
UK: New analysis shows untapped UK domestic gas reserves are double government estimate
Offshore Energies UK (OEUK) has submitted a robust response to the government’s consultation on how best to manage the future of the UK’s gas sector. The response from OEUK, submitted to the Government this week, shows why this undervalues the potential of the UK Continental Shelf (UKCS): recoverable gas reserves amount to 456 billion cubic metres (bcm), more than six times the UK’s annual requirement and more than double the NSTA’s production projection of 226 bcm between 2025-2050. -
22 Feb 26
UK: Ampyr Solar Europe announces acquisition of East Yorkshire Solar Farm Project in the UK
Ampyr Solar Europe ('ASE'), a leading independent solar developer and IPP focused on accelerating the clean energy transition across Europe, has acquired the East Yorkshire Solar Farm (EYSF) project from BOOM Power Ltd. -
22 Feb 26
Norway's preliminary production figures for January 2026 show an average daily production of 2,219,000 barrels of oil, NGL and condensate
Preliminary production figures for January 2026 show an average daily production of 2,219,000 barrels of oil, NGL and condensate. -
22 Feb 26
UK: RWE and Vestas agree turbine supply agreement for Vanguard West offshore wind farm
RWE has confirmed a contract with Vestas to supply offshore wind turbines to its Vanguard West project in the UK. This announcement follows RWE’s success in securing a Contract for Difference (CFDs) for the project in Allocation Round 7 (AR7), and its announcement of a long-term partnership with KKR, a leading global investment firm, to jointly realise both its Vanguard West and East offshore projects. -
22 Feb 26
Transocean issues quarterly Fleet Status Report
Transocean has issued a quarterly Fleet Status Report that provides the current status of, and contract information for, the company’s fleet of offshore drilling rigs. As of February 19, 2026, the company’s total backlog is approximately $6.1 billion. -
22 Feb 26
Angola: Eni announces the start-up of Ndungu full-field, operated by Azule Energy offshore Angola
Eni has announced the start-up of the Azule Energy operated Ndungu full-field, part of the Agogo Integrated West Hub Project (IWH), in the western area of Block 15/06, offshore Angola. -
22 Feb 26
Ghana: Tullow Oil extends its West Cape Three Points and Deep Water Tano Petroleum Agreements
Tullow Oil has announced that the extension of its West Cape Three Points and Deep Water Tano Petroleum Agreements, which cover the Jubilee and TEN fields in Ghana, have been ratified by the Ghanaian Parliament. -
22 Feb 26
Ghana: Tullow signs Sale and Purchase Agreement to acquire the TEN FPSO in Ghana
Tullow Oil has announced that its its wholly-owned subsidiary Tullow Ghana Limited (TGL) on behalf of itself and its joint venture (JV) partners has signed a Sale and Purchase Agreement (SPA) to acquire the floating production, storage and offloading vessel (FPSO) Prof. John Evans Atta Mills. The FPSO is the production facility for the TEN Fields on the Deep Water Tano Block, offshore Ghana. -
22 Feb 26
Norway: Norwegian Offshore Directorate reports high production and increase in petroleum resources
According to the Resource Accounts for 2025, oil production on the Norwegian continental shelf (NCS) in 2025 was the highest since 2009. The Resource Accounts show high production of both liquids and gas, and that resource growth is replacing 60 per cent of production.
