Latest News
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12 May 25
UK: Port of Cromarty Firth awards £1.5m Phase 5 pre-construction contract to RJ McLeod
Port of Cromarty Firth has awarded a £1.5 million contract to RJ McLeod to carry out all required pre-construction work in readiness for the construction stage of its £111 million Phase 5 expansion that will expand the size of the Port’s current 9Ha Quay West facility and provide the critical facilities needed in Scotland for the rapid development of new North Sea fixed bottom and floating offshore windfarms. -
12 May 25
SeaBird Exploration awarded contract extension for Eagle Explorer
Seabird Exploration has announced that the Eagle Explorer has been awarded a 12-month contract with a repeat client, running until the end of June 2025. -
12 May 25
UK: Aspen’s floating wind delivery consortium to deliver thousands of jobs and billions in UK investment
Cerulean Winds has announced that its 1GW Aspen floating wind project in the Central North Sea is expected to support more than 1,000 jobs and attract a total investment of £10.9 billion across its 50-year lifespan. -
12 May 25
Australia: Fugro awarded second geotechnical site investigation for Australian offshore wind farm
Fugro has been awarded the contract for offshore soil investigation services for the proposed Blue Mackerel offshore wind farm in Australia. When complete, it will become one of Australia's pioneering offshore wind energy projects. -
12 May 25
Egypt: EBRD backs Egypt’s first solar and battery storage project
The European Bank for Reconstruction and Development (EBRD) is supporting Egypt’s renewable-energy sector by providing a US$ 30 million equity bridge to Obelisk Solar Power, a special purpose vehicle owned by Scatec, a leading global renewable energy developer and a key strategic client for the EBRD. -
12 May 25
Scana company signs contract for the delivery of Battery Energy Storage System
Scana-owned PSW Power & Automation has signed a contract for the delivery of a Battery Energy Storage System (BESS) with a total capacity of 11.3MWh. The solution will be used in the Nordic balancing market as well as in emerging local flexibility markets for energy storage. The company has also secured a 5-year maintenance contract for the system. -
12 May 25
Upland Resources advances opportunities in Brunei and Malaysia
Upland Resources has reported progress in advancing its hydrocarbon development initiatives across Southeast Asia. -
12 May 25
UK: enfinium selects Isometric as preferred carbon registry for Parc Adfer carbon capture project
enfinium, one of the Europe’s largest energy from waste (EfW) operators, has announced it has selected Isometric, the world’s leading carbon removal registry, as its carbon registry partner for the Parc Adfer carbon capture and storage (CCS) project. -
12 May 25
Peru: PetroTal announces Q1 2025 financial and operating results
PetroTal has reported its financial and operating results for the three months ended March 31, 2025. PetroTal’s first quarter results reflect a strong contribution from its 2024 development drilling program. Generated Adjusted EBITDA and Net Income of $71.9 million ($34.29/bbl) and $30.9 million ($14.72/bbl), respectively. -
12 May 25
Norway: TGS releases new GeoStreamer seismic survey to support exploration in Outer Vøring
TGS has announced the completion of the PGS23M02NWS seismic survey in the Vøring Basin, part of a two-year campaign. This will help the industry better understand this complex volcanic region by enhancing the subsurface data with the latest processing techniques and acquisition technology. -
12 May 25
Brazil: Prosafe SE: Safe Notos declared winner in Petrobras tender
Prosafe has been declared the winner of a bidding process for a four-year contract by Petrobras for the provision of the Safe Notos semi-submersible vessel for safety and maintenance support offshore Brazil. Total value of the contract is approx. USD 204 million. -
12 May 25
Shelf Drilling reports first quarter 2025 results
Shelf Drilling has announced results for the first quarter of 2025 ended March 31. The Company reports Q1 2025 adjusted revenues of $242.7 million and Q1 2025 adjusted EBITDA of $96.2 million.
