Latest News
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05 Jun 26
Thailand: Velesto secures drilling contract for NAGA 6 in Thailand
Velesto Energy has secured a contract award from Northern Gulf Petroleum (‘NGP’) for the provision of jack-up drilling rig services and associated services offshore Thailand. Under the contract, Velesto will provide NAGA 6 for a drilling campaign located in the Gulf of Thailand. -
05 Jun 26
Latvia: EBRD helps HoSt Group boost biomethane production in Latvia
The European Bank for Reconstruction and Development (EBRD) is boosting Latvia’s biomethane production capacity and use of renewable fuels with a €26 million loan to SIA Next Biogas, a subsidiary of the Netherlands-based HoSt Group. -
05 Jun 26
Greece: EBRD invests in Hellenic Halyvourgia’s new solar park in Greece
The European Bank for Reconstruction and Development (EBRD) has signed a financing package to support the construction of a 32 MW solar photovoltaic park in Greece, which will supply renewable electricity to the production facilities of Hellenic Halyvourgia, one of the largest producers of steel products in the Balkans. -
05 Jun 26
EBRD and EU step up support for digital and green investments
The European Bank for Reconstruction and Development (EBRD) and the European Union (EU) are stepping up their support for the green transition across the Western Balkans, and digital development across the regions outside the EU where the EBRD operates. -
05 Jun 26
Romania: EBRD backs large-scale battery storage project in Romania
The European Bank for Reconstruction and Development (EBRD) is supporting the development of a large-scale battery energy storage system in Scornicesti, Romania. The Bank will provide up to €44 million in financing to support the project’s development, construction and operation, on a non-recourse project finance basis. -
05 Jun 26
UK: Qair secures its first UK financial close for 46MWp Brecks Solar Farm
Independent renewable energy company Qair has successfully secured financing for its 46.51 MWp Brecks Solar Farm, the Group’s first project in the UK to reach financial close. -
05 Jun 26
Serbia: Emergy successfully closes sale of 168 MW Alibunar wind project in Serbia
Emergy has announced the successful completion of the sale of the 168 MW Alibunar wind project in Serbia to Heavy Energy International. -
05 Jun 26
UK: Unlocking West of Shetland reserves could reduce imports and be better for global climate
With the PetroJarl Rosebank having left its dry dock in Norway last Saturday and arrived on location west of Shetland, an important major new peer-reviewed study underlines the importance of the area for extending the life of the UK's oil and gas sector. -
05 Jun 26
Turkey: Trillion Energy advances additional earn-in payment on M47 oil block and plans upcoming seismic
Trillion Energy International has made a further cash payment of US$250,000 toward its earn-in obligations for a 29% participating interest in the M47c,d oil block, an onshore exploration asset located in the Cudi-Gabar petroleum province of southeastern Türkiye. -
05 Jun 26
Denmark: BlueNord announces preliminary production for April 2026
BlueNord has announced its preliminary production figures for May 2026. In May 2026, the preliminary production was 37.1 mboepd net to the Company. Tyra contributed with 20.6 mboepd, while Dan, Halfdan and Gorm contributed with16.5 mboepd. -
04 Jun 26
OEG has acquired Hybrid Resource Management boosting wind energy offering and O&M capacity
OEG has acquired Hybrid Resource Management, an independent on and offshore wind workforce solutions specialist operating across the UK and Europe in a strategic move to strengthen its technical services capability and expand its global presence in the growing operations and maintenance (O&M) wind market. -
04 Jun 26
SBM Offshore intends to divest minority interest in FSO Chalchi
SBM Offshore has entered into a shareholders’ agreement with its long-standing business partner Nippon Yusen Kabushiki Kaisha (NYK) with the intention to divest a 45% ownership interest in the special purpose companies related to the lease and operation of the FSO Chalchi. SBM Offshore will remain the majority shareholder with 55% ownership interest. -
04 Jun 26
US: Qualitas Energy acquires 164 MWp solar PV project in the United States
Qualitas Energy, a leading global investment and management platform with a dual focus on both funding and developing renewable energy, energy transition, and sustainable infrastructure, has announced the acquisition of a development-stage solar photovoltaic (PV) project in the United States, with a planned capacity of 164 MWp.
