Latest News
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18 Jun 25
Yinson Production and 'K' LINE partner to jointly develop and market FSIU and liquefied CO2 carrier solutions
Yinson Production and 'K' LINE ENERGY SHIPPING (UK) LIMITED (KLES), a London-based subsidiary of Kawasaki Kisen Kaisha, Ltd. ('K' LINE), have entered into an agreement to jointly develop and market solutions for the transportation and injection of liquefied CO2, leveraging each party’s respective core expertise. -
18 Jun 25
Brazil: Equinor secures exploration acreage in Brazil
Equinor has been awarded a new exploration opportunity in Brazil. Equinor has deepened its position in the Santos basin after winning the S-M-1617 block during Brazil's 5th Open Permanent Concession bid round. -
18 Jun 25
Timor Leste: Sunda Energy awarded Chuditch PSC extension
Sunda Energy, the AIM-quoted exploration and appraisal company focused on gas assets in Southeast Asia, has announced that its wholly owned Timor-Leste subsidiary SundaGas has received a 12-month extension for Contract Year 3 of the TL-SO-19-16 Production Sharing Contract. -
18 Jun 25
UK: Orcadian Energy announces Elke Licence extension
AIM-listed Orcadian Energy has announced that, Phase B of the P2482 licence, which contains the Elke and Narwhal discoveries, has been extended until 14 July 2027. -
18 Jun 25
Norway: Vår Energi confirms Balder Phase VI project sanction
Vår Energi and licence partner Kistos Energy Norway have reached the final investment decision (FID) for the Balder Phase VI project in the Balder area. The fast-track development will be a key contributor to sustaining long term, high-value production through the newly installed Jotun floating production storage offloading vessel (FPSO). -
18 Jun 25
Algeria: TotalEnergies ganted new exploration license
TotalEnergies, jointly with QatarEnergy, has been awarded the Ahara license following the 'Algeria Bid Round 2024'. Ahara is a large license covering an area of approx. 14,900 sq km, located at the intersection of the prolific Berkine and Illizi Basins. -
18 Jun 25
US: Department of the Interior moves to expand oil and gas development in Alaska’s National Petroleum Reserve
The Department of the Interior has announced a new step to support American energy independence and unleash the vast resource potential of Alaska’s National Petroleum Reserve. -
18 Jun 25
Australia: Barossa LNG FPSO arrives in field, successfully hooks up and commences final commissioning plans
Santos has announced the arrival of the BW Opal FPSO vessel at the Barossa gas field approx. 285 km north of Darwin on 15 June 2025, marking a critical milestone on the path to first gas in the third quarter of 2025. The FPSO has since been successfully hooked up, and final commissioning activities are progressing to plan. -
17 Jun 25
UK: Boost for UK offshore wind supply chain with £400m investment from The Crown Estate
In a boost for the UK’s offshore wind sector, The Crown Estate has outlined its proposal to invest up to £400m of capital in the supply chain. Launched in time for the first day of the Global Offshore Wind conference in London, The Crown Estate’s new Powering Offshore Wind publication details its proposal to focus on supportive investments into new onshore enabling infrastructure over the medium term. -
17 Jun 25
Germany: TotalEnergies awarded an offshore wind concession in the North Sea
TotalEnergies, as a shareholder of North Sea OFW One GmbH, has been awarded the N-9.4 offshore concession by the Federal Network Agency. Located in the North Sea, approximately 150 kms northwest of the German island of Heligoland, the N-9.4 concession covers an area of around 141 sq kms and will enable the development of 1GW of offshore wind capacity. -
17 Jun 25
US: Chevron enters domestic lithium sector to support U.S. energy security
Chevron has announces the acquisition of two leasehold acreage positions. The first from TerraVolta Resources, whose investor is an affiliate of The Energy & Minerals Group (EMG), and the second from East Texas Natural Resources (ETNR) LLC. The estimated leasehold position includes ~125,000 net acres and is situated across regions where the Smackover Formation is present, specifically spanning Northeast Texas and Southwest Arkansas. -
17 Jun 25
Brazil: Petrobras awarded blocks in the Foz do Amazonas and Pelotas Basins
Petrobras has been awarded ten blocks in the Foz do Amazonas Basin and three blocks in the Pelotas Basin in the 5th Permanent Concession Offer Cycle of the National Agency of Petroleum, Natural Gas and Biofuels (ANP). -
17 Jun 25
UK: Supply chain boost as wind industry backs revamped Pathfinder
The North Sea Transition Authority’s (NSTA) new and improved Energy Pathfinder portal has been backed by Scottish Renewables and RenewableUK, who have started actively encouraging members to promote contracting opportunities for wind energy projects on the platform. -
17 Jun 25
Norway: Subsea7 awarded contract offshore Norway
Subsea 7 has announced the award of a substantial(1) contract offshore Norway. Subsea7’s scope includes engineering, procurement, construction and installation (EPCI) of pipeline bundles, spools, protection covers and tie-ins using key vessels from Subsea7’s fleet. -
17 Jun 25
UK: £1 billion offshore wind funding must be catalyst for government-industry collaboration to achieve UK wind targets
Leading trade body Offshore Energies UK (OEUK) has welcomed today’s announcement of £1 billion in funding from a number of sources for the offshore wind supply chain – calling it a positive signal but urging government to use it as a springboard for much wider action. -
17 Jun 25
Canada: Vestas wins 124 MW order in Canada from EDF power solutions North America
Vestas has received a 124 MW order from EDF power solutions North America (EDFps) to supply 20 EnVentus V162-6.2 MW wind turbines for the Haute-Chaudière wind project in Québec, including a 10-year Active Output Management (AOM) 5000 service agreement. -
17 Jun 25
Odfjell Drilling announces completion of Deepsea Aberdeen Special Periodic Survey
Odfjell Drilling has announced the completion of the Deepsea Aberdeen’s Special Periodic Survey ('SPS'), with the unit returning to operations after three weeks of scheduled off-hire. -
17 Jun 25
UK: NSTA chair to discuss key issues for offshore energy industry at major conferences
A public policy leader who chairs an offshore industry regulator will give her insights on the North Sea’s vital role in powering the UK and cutting emissions while delivering economic growth and jobs at a pair of major conferences this month.
