Latest News
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04 Oct 25
Brazil: BP to seek partner for Bumerangue discovery offshore Brazil
bp will seek a partner for its major Bumerangue oil and gas discovery in Brazil and could close a deal before making a final investment decision on the project. bp announced Bumerangue, located in the Santos Basin, as a significant discovery in August. -
04 Oct 25
Brazil: FPSO P-78 arrives at the Búzios field
After leaving the Benoi shipyard in Singapore on July 13th, the FPSO P-78 has arrived at the Búzios Field in the Santos Basin pre-salt layer, where it will be interconnected to the wells and soon begin production. The Búzios Field is located in the ultra-deepwater Santos Basin (depths of up to 2,100 meters), 180 km off the coast of Rio de Janeiro state. -
04 Oct 25
Weatherford launches Industrial Intelligence at FWRD 2025
Weatherford International has announced the launch of Weatherford Industrial Intelligence, a breakthrough digital portfolio unveiled at the Company’s flagship FWRD 2025 Technology Conference in Houston. -
04 Oct 25
Libya: TAY Oil Services and Polaris commission a pioneering onshore seismic survey for AGOCO in Libya
STRYDE, the world’s leading provider of onshore nodal seismic solutions, has been selected by TAY Oil Services and Polaris to supply its cutting-edge technology for an onshore oil and gas exploration survey in Concession 57 in Libya, commissioned by the state-owned oil company, AGOCO (?The Arabian Gulf Oil Company). -
03 Oct 25
UK Oil & Gas announces additional funding for UKEn Hydrogen projects
AIM-listed UK Oil & Gas has announced that due to further institutional demand the Company has accepted a further investment of £0.5 million by means of a placing of new Ordinary Shares at a price of 0.03 pence per share being the same price as the Company's placing announced on 2nd October 2025. -
03 Oct 25
US: TGS expands Rockies coverage with new Wind River Basin dataset, unlocking subsurface insights across 1500+ wells
TGS has announced the release of a comprehensive stratigraphic and petrophysical dataset for the Wind River Basin, further expanding its Rocky Mountain data portfolio. -
03 Oct 25
UK: NESO announces updated timeline for overhauling Great Britain's electricity grid connections
NESO has announced the updated timeline for overhauling Great Britain's electricity grid connections process. This plan will fast-track shovel-ready clean energy projects, prioritising those projects that are essential for the 2030 Clean Power target, and will provide certainty to investors, unlocking an estimated annual £40 billion in economic growth and thousands of high-skilled jobs. -
03 Oct 25
UK: Heerema secures bp contract for Andrew platform decommissioning
Heerema Marine Contractors has announced the award of a decommissioning contract by bp for the Engineering, Preparation and Removal (EPR) of the Andrew platform’s topside and jacket. -
03 Oct 25
UK: First ever statistics on progress to clean power by 2030 show 74% of Great Britain’s electricity generated by low carbon sources in 2024
New figures published by the Government show that 73.8% of the electricity generated in Great Britain in 2024 came from clean power sources (renewables and nuclear), up from 68.3% in 2023. -
03 Oct 25
UK: Great British Energy to extend solar scheme to military sites
Communities across the country will benefit from extra investment in vital public services as more funding is confirmed for Great British Energy solar panels. In total the expanded scheme will be worth up to £255 million, supporting around 250 schools, over 270 NHS sites and around 15 military sites across the country. -
03 Oct 25
Mozambique: Eni announces Final Investment Decision for Mozambique’s Coral North project
Eni and its partners CNPC, ENH, Kogas, and XRG have reached the Final Investment Decision (FID) to develop the Coral North FLNG project, deepwater offshore Cabo Delgado, north of Mozambique. -
03 Oct 25
Denmark: TotalEnergies welcomes a partner and future customer in the Bifrost CCS Project
TotalEnergies has entered into a Farm-Down Agreement with CarbonVault, the Danish affiliate of the German cement producer SCHWENK. Under this agreement, TotalEnergies E&P Denmark will hold a 45% interest in the Bifrost Carbon Capture and Storage (CCS) Project as the operator, alongside CarbonVault (35%) and Nordsøfonden (20%). -
03 Oct 25
SLB and SBM Offshore agree digital alliance to transform FPSO production performance
SLB, a global energy technology company, and SBM Offshore, a global leader in Floating Production Storage and Offloading (FPSO) solutions, have announced their agreement to enter into an exclusive digital alliance to optimize the performance of offshore production systems. -
02 Oct 25
Indonesia: Ventura Offshore has announced that Eni has exercised the second of four optional wells in Indonesia for the semisub SSV Catarina
Ventura Offshore has announced that Eni Indonesia has exercised the second of four optional wells in Indonesia for the semisub drilling rig SSV Catarina. -
02 Oct 25
Mozambique: Eni announces Final Investment Decision for Mozambique’s Coral North project
Eni and its partners CNPC, ENH, Kogas, and XRG have reached the Final Investment Decision (FID) to develop the Coral North FLNG project, deepwater offshore Cabo Delgado, north of Mozambique. -
02 Oct 25
US: DOF Group announces several project awards in the North America region
DOF Group has announced everal project awards in the North America region. The awards will utilise vessels already in the region, securing more than 300 days of firm vessel utilisation for a combined contract value of more than USD 60 million, with further options available.
