Latest News
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07 Aug 25
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07 Aug 25
Shelf Drilling announces new short term contract and extension
Shelf Drilling has announced the award of a short-term contract for the Shelf Drilling Enterprise and a contract extension for the Trident 16. -
07 Aug 25
US: BOEM rescinds offshore renewable energy leasing schedule
The Bureau of Ocean Energy Management (BOEM) has announced a direct final rule rescinding a section of its regulations that outlined the renewable energy lease sale schedule. -
07 Aug 25
Blackstone announces agreement to acquire Enverus
Blackstone has announced that private equity funds affiliated with Blackstone have entered into a definitive agreement to acquire Enverus, a premier data analytics energy intelligence platform, from Hellman & Friedman and Genstar Capital. -
06 Aug 25
US: Occidental announces further progress on asset sales and debt reduction
Occidental has announced four agreements to divest select Permian Basin assets since April 2025, generating approx. $950 million in proceeds for debt reduction. These transactions bring the total divestitures since the December 2023 announcement of the CrownRock acquisition to approx. $4 billion. -
06 Aug 25
Germany's latest offshore wind tender fails to attract bids
Germany's current tender for the 10.1 gigawatt offshore wind farms N-10.2 and N-2,5 failed to attract bids. The German Offshore Wind Energy Association (BWO) sees this as an alarming signal and calls on the German government to fundamentally reform the auction design. -
06 Aug 25
Argentina: TotalEnergies divests its interest in two Vaca Muerta unconventional blocks
TotalEnergies has announced that its affiliate Total Austral has signed an agreement with YPF SA for the sale of its 45% operated interest in two unconventional oil and gas blocks in Argentina, Rincon La Ceniza and La Escalonada, for an amount of USD 500 million at a valuation of around 10,000 USD/acre. -
06 Aug 25
Argentina: Southern Energy reaches FID for the charter of Golar’s 3.5MTPA MK II FLNG to Argentina
Golar LNG has announced that Southern Energy has reached Final Investment Decision for the charter of Golar’s 3.5MTPA MK II FLNG. The FLNG, currently under conversion in China, will sail to Argentina following her redelivery, with contract start-up expected during 2028. -
06 Aug 25
Germany: Iberdrola receives the last monopiles manufactured by Navantia - Windar for its Windanker offshore wind farm
Iberdrola has received the latest monopiles for its Windanker offshore wind farm in the Baltic Sea. The Windanker offshore wind farm is located in German waters and forms part of the hub that Iberdrola is building in the Baltic Sea, which will have a total installed capacity of more than 1,100 MW and a combined investment of €3.5 billion. -
06 Aug 25
Germany: Nordex Group receives order for nearly 52 MW from TEUT Energieprojekte in Germany
The Nordex Group has received an order for 51.7 MW from TEUT Energieprojekte GmbH in Brandenburg, Germany. For the 'Mürow-Neukünkendorf' wind farm project, the Nordex Group is scheduled to deliver and install nine turbines within the 4 to 6 MW capacity range. -
06 Aug 25
Taiwan: Fugro secures a major geotechnical site investigation contract for offshore wind farm in Taiwan
Fugro has secured a major geotechnical site investigation contract for offshore wind farm in Taiwan. The Youde offshore wind farm project is a cornerstone of Taiwan’s strategy to reach 13.1 GW of installed offshore wind capacity by 2030. -
06 Aug 25
Norway: First of two production wells spudded at Bestla development in Norway
Lime Petroleum reports that the operator (OKEA) of PL740 Bestla, in which Lime has a 17 per cent interest, has spudded the first of two production wells. The Bestla field is being developed as a two-well subsea tieback to the OKEA-operated Brage field, in which Lime has a 33.8434 per cent interest. -
06 Aug 25
US: TGS supports Equinor’s Empire Wind Project with data management solution
TGS, a global leader in energy data and intelligence, continues its collaboration with Equinor by providing the Prediktor Data Gateway solution for the Empire Wind offshore wind project. -
06 Aug 25
Tullow Oil announces 2025 Half Year Results
Tullow Oil, the independent oil and gas exploration and production group, has announced its Half Year Results for the six months ended 30 June 2025. The Company reports first 2025 Jubilee well in Ghana onstream with better net pay than expected pay, and strong strategic momentum with realisation of $300 million Gabon proceeds. -
06 Aug 25
UK: Eku Energy’s battery storage projects in Essex and Buckinghamshire are commissioned with BESS supplier NHOA Energy and ready to go live
Two utility-scale energy storage projects at Basildon in Essex and Loudwater in Buckinghamshire, built by global energy storage specialist Eku Energy and global supplier of utility-scale energy storage systems NHOA Energy, have successfully completed testing and verification and are now fully commissioned. -
06 Aug 25
Denmark: BlueNord announces preliminary production for July 2025
BlueNord has announced its preliminary production figures for July 2025. In July 2025 the preliminary production was 38.9 mboepd net to BlueNord. -
06 Aug 25
Brazil: Scatec secures long-term project financing for Rio Urucuia in Brazil
Scatec, a leading renewable energy solutions provider, has reached financial close for its 142 megawatt (MW) solar PV plant currently under construction in Minas Gerais in Brazil. -
06 Aug 25
UK: National Wealth Fund partners with Asterion to back UK grid flexibility through £50m investment in AMP Clean Energy
The National Wealth Fund has announced a £50m equity investment in AMP Clean Energy to accelerate the deployment of low-carbon energy infrastructure across the UK, strengthening local energy networks through flexible battery storage and supporting the decarbonisation of industry.
