Latest News
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30 Oct 25
Chariot and ACWA Power to explore creation of Southern African sustainable energy platform
AIM-listed Chariot, the Africa focused energy company, has signed a Memorandum of Understanding (MoU) with ACWA Power, one of the world’s largest renewable energy companies, to explore the creation of a southern African sustainable energy business. -
30 Oct 25
GeoPark Board confirms rejection of unsolicited acquisition proposal from Parex Resources
GeoPark has confirmed its Board of Directors has reviewed and unanimously rejected an unsolicited, non-binding proposal from Parex Resources to acquire GeoPark in an all-cash transaction for $9.00 per share, received on September 4, 2025, prior to the announcement of GeoPark’s transformative acquisition in Vaca Muerta. -
30 Oct 25
Brazil: bp progresses plans for the significant Bumerangue discovery, offshore Brazil
bp has provided an update following its significant hydrocarbon discovery at the Bumerangue block, located in the pre-salt Santos Basin, offshore Brazil. The discovery marks bp’s largest in 25 years, reinforcing the company’s commitment to growing its upstream portfolio and establishing a material, advantaged production hub in Brazil. -
30 Oct 25
Equatorial Guinea: Unlocking Equatorial Guinea's Offshore Potential
Searcher, a leading provider of global geoscience data solutions, has announced the launch of a major seismic reprocessing initiative covering 8,500 km of offshore data in Equatorial Guinea. The project aims to deliver the highest-resolution imaging of the country’s offshore basins ahead of the EG Ronda 2026 licensing round, with fast-track results available immediately and final deliverables scheduled for release before the round opens in April 2026. -
30 Oct 25
Trinidad: EnerMech secures pre-commissioning campaign for Manatee gas development in Trinidad & Tobago
EnerMech has been awarded a pipeline pre-commissioning contract by McDermott in support of Shell Trinidad and Tobago’s Manatee gas development. The Company will deliver critical services across a 115km, 32-inch offshore pipeline. -
30 Oct 25
UK: Kanadevia Inova acquires Wardley and Lower Drayton biogas plants to expand renewable gas portfolio
Kanadevia Inova, a global leader in solutions for the energy transition and circular economy, has announced the successful acquisition of the Wardley Biogas and Lower Drayton biogas plants in the UK. -
30 Oct 25
Vattenfall reports positive earnings development on the path towards fossil freedom - interim report January-September 2025
During the first nine months of the year, Vattenfall has taken decisive steps in both wind and nuclear power to enable new fossil-free electricity production. The underlying operating profit increased, mainly due to improved development of price hedging on the continent and improved results from the trading and nuclear power operations. -
30 Oct 25
Statkraft divests assets for NOK 13.5 billion in the third quarter
Statkraft’s results in the third quarter of 2025 decreased despite higher production. The results were impacted by low prices in Northern Norway, reduced contribution from Markets, and negative hedging effects. Statkraft signed agreements to sell assets for around NOK 13.5 billion in the third quarter, executing on the refocused strategy and freeing up capital for continued growth. -
30 Oct 25
Shell announces Q3 2025 results
Shell has announced its Q3 2025 results. Shell delivered another strong set of results, with clear progress across its portfolio and excellent performance in its Marketing business and deepwater assets in the Gulf of America and Brazil. Despite continued volatility, the strong delivery this quarter enables the Company to commence another $3.5 billion of buybacks for the next three months. -
30 Oct 25
Getech Group announces multiple contract wins
Getech, a world-leading locator of subsurface resources, has announced a recent period of strong trading, signing twelve contracts over the last month for its products and services. -
30 Oct 25
Scatec third quarter 2025: Accelerating growth and continuing to deleverage
In the third quarter, Scatec continued to progress on its strategy, reinforcing its position as a leading provider of renewable energy in high-growth markets. Proportionate revenues increased by 22% to NOK 2,953 million (2,416 million), and EBITDA came in at NOK 1,063 million (1,520 million), with the third quarter last year affected by divestments gains and a catch-up payment in the Philippines. -
30 Oct 25
Portugal: OWC and Hidromod engaged for Portuguese wind farm areas
The Portuguese Institute for Sea and Atmosphere (IPMA) has appointed ABL Group company OWC and Hidromod to support the geophysical and geotechnical surveys at two wind farm areas offshore Portugal. -
30 Oct 25
Germany: Groundbreaking ceremony: RWE is constructing Germany's largest battery storage facility in Gundremmingen, Bavaria
RWE is building Germany's largest battery storage facility to date at the Gundremmingen energy site. The 400-megawatt plant will have a storage capacity of 700 megawatt hours and will use the nuclear power plant's existing grid connection, which is currently being decommissioned. -
29 Oct 25
Norwegian Offshore Directorate publishes new report on power from shore
Power from shore as replacement for gas turbines has been the most important abatement to reduce greenhouse gases emissions offshore. Since 2015, these emissions have been reduced by 4.1 million tonnes, or 27 per cent. This is reflected in the Norwegian Offshore Directorate's new report on power from shore. -
29 Oct 25
Taiwan: Acteon and Wynnergy sign strategic MOU to accelerate offshore renewable projects
Acteon, the expert in offshore infrastructure and Wynnergy Marine, a Taiwan-based marine solutions provider, have signed a strategic Memorandum of Understanding (MOU) to jointly deliver renewable energy projects across the region.
