Latest News
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24 May 25
US: Expro secures multi-year TRS contracts with leading super-major operators in the Gulf of America
Expro has been awarded multi-year Tubular Running Services (TRS) contracts by two leading Super-Major operators in the Gulf of America, covering both deepwater drill ships and platform rigs. -
23 May 25
France: Qair and Plenitude launch Eolbleu Consortium to compete in France’s Offshore Wind Tender (AO9)
Independent renewable energy company Qair, and Italian energy company Plenitude, have announced the formation of Eolbleu, a consortium to respond to France’s Offshore Wind Tender No. 9 (AO9). This ambitious tender includes the development of four offshore wind farms, marking a significant step toward accelerating the country’s energy transition. -
23 May 25
Hungary: MVM and MOL sign oil trading agreement
The MOL Group and the MVM Group have entered into an oil trading agreement aimed at further diversifying the region’s energy supply portfolio, with a particular focus on landlocked Hungary and Slovakia. -
23 May 25
Poland: Equinor announces financial close for Baltyk 2 and Baltyk 3
The project joint venture partners Equinor (50%) and Polenergia (50%) have reached financial close for the Baltyk 2 and Baltyk 3 projects. Two project financing packages of over EUR 3 billion for Baltyk 2 and over EUR 3 billion for Baltyk 3 including ancillary facilities, have been secured. -
23 May 25
Seascape Energy announces audited full year results to 31 December 2024
Seascape Energy, an E&P company focused on Southeast Asia, has announced its full year results for the 12 months ended 31 December 2024. Following its Norwegian exit, Seascape completed strategic pivot to focus on building a full-cycle E&P business in Southeast Asia. -
23 May 25
Indonesia: PETRONAS expands oil portfolio in Indonesia with Serpang and Binaiya PSCs
PETRONAS has signed Production Sharing Contracts (PSCs) for the Serpang and Binaiya Working Areas, located offshore Eastern Java and Eastern Indonesia, respectively. -
23 May 25
US: Department of the Interior designates BSEE as lead agency for offshore decommissioning
The Department of the Interior has announced that the Bureau of Safety and Environmental Enforcement has been formally designated as the lead federal agency responsible for overseeing the decommissioning of oil and gas platforms within the Chumash Heritage National Marine Sanctuary. -
22 May 25
UK: Renewable energy industry welcomes new consultation on community benefits
RenewableUK’s Head of Policy James Robottom has commented on the Government’s announcement of a new consultation on community benefits across the energy sector. -
22 May 25
Capricorn provides Chief Executive's statement ahead of AGM
Capricorn Energy, a Company with operations in Egypt’s Western Desert, has provided Chief Executive Randy Neely's statement ahead of its AGM. -
22 May 25
Energean announces trading statement and operational update
Energean has provided an update on recent operations and the Group's trading performance in the 3-months to 31 March 2025, together with updated Group guidance for 2025 and an outlook on the Egypt, Italy and Croatia portfolio.
