Latest News
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16 Oct 26
Equatorial Guinea: Europa Oil & Gas granted 12-month extension to the first exploration sub-period for EG-08 PSC
Europa Oil & Gas has announced that, in accordance with Article 26 of the Hydrocarbons Law and Article 2 of the EG-08 production sharing contract ('PSC') the Ministry of Hydrocarbons and Mining Development for Equatorial Guinea has granted a 12-month extension to the first exploration sub-period through to 4 October 2027. -
16 Oct 26
Peru: PetroTal announces Q3 2026 Operations and Financial Updates
PetroTal Corp has provided operational and financial updates. Group production averaged 11,797 barrels of oil per day ('bopd') in Q3 2026, and 13,076 bopd YTD; Unrestricted cash balance increased to $115.6 million as of September 30, 2026; Bretana development well 25H drilling progressing on schedule, with the well currently at 3,362 meters; PetroTal awarded Area CXVII Technical Evaluation Agreement ('TEA') in Peru’s Maranon Basin. -
15 Oct 26
UK: ScottishPower Renewables completes record-breaking engineering operation at East Anglia TWO
ScottishPower Renewables has completed a major construction milestone at its 960MW East Anglia TWO offshore wind farm with the installation of two cable ducts that will provide a pathway for high-voltage export cables. -
15 Oct 26
Nordex Group reports strong preliminary Q3/2026 results and raises EBITDA margin guidance for full year 2026
The Nordex Group has announced third-quarter results above market expectations and an upward revision of its EBITDA margin guidance for the full year 2026. Based on the preliminary unaudited third-quarter results and the updated full-year forecast, the Group now expects an EBITDA margin in a range of 11.5 to 12.5%, exceeding the previous guidance of 8.0 to 11.0%. -
15 Oct 26
Ireland: Echelon to establish Ireland’s first green energy park at data centre campus in Wicklow
Echelon Data Centres will establish Ireland’s first Green Energy Park at its DUB20 data centre campus in Arklow, Co Wicklow, marking a major milestone in the delivery of the Irish Government’s Large Energy Users Action Plan (LEAP). -
15 Oct 26
UK: Urgent action needed on gas storage to protect energy security and jobs
Unite, the UK’s leading union, is calling on the government to ensure the security of the UK’s gas supply and also safeguard hundreds of jobs. There is growing concern that Centrica will close the Rough gas supply storage, which is situated 18 miles off the coast of East Yorkshire, unless the government agrees a new funding formula. -
15 Oct 26
Hungary: CanCambria Energy kicks off shallow oil appraisal program with 3D Seismic Acquisition Agreement - Fieldwork scheduled to begin November 2026
CanCambria Energy Corp has awarded the contract for its proprietary Soltvadkert/Tazlar/Alpar ('STA') Shallow Oil 3D seismic survey to Acoustic Geophysical Services ('AGS') of Hungary. Under the terms of the agreement, AGS is scheduled to commence field operations on November 1, 2026, with field acquisition expected to be completed by mid-December 2026. Land permitting is currently underway. -
15 Oct 26
BW Energy provides preliminary operational figures for the third quarter of 2026
BW Energy has provided preliminary operational figures for the third quarter of 2026. Net production attributable to BW Energy was 2.0 million barrels of oil (mmbbls) in the third quarter of 2026, equivalent to 21.5 thousand barrels of oil per day (kbopd), from the Dussafu licence in Gabon (73.5% working interest) and the Golfinho field in Brazil (100% working interest). -
15 Oct 26
Norway: Renewed interest in exploring under the basalt
Undiscovered oil and gas resources may be present under the volcanic rock basalt in the western part of the Norwegian Sea. However, no exploration wells have been drilled in these areas. Could it be possible to explore for, and find, petroleum under the basalt on the Norwegian continental shelf (NCS)? -
15 Oct 26
Norway: Partial electrification of Troll B and Troll C has reduced emissions by around 330,000 tonnes of CO2 per year
The partial electrification of Troll B and Troll C has reduced emissions by around 330,000 tonnes of CO2 per year. The Troll field continues to deliver high and stable production of oil and gas to Europe with low emissions. -
15 Oct 26
Brazil: TMC Compressors (TMC) to deliver the compressed air system to the Maromba FPSO offshore Brazil
TMC Compressors (TMC) will deliver the compressed air system to the Maromba floating production storage and offloading vessel (FPSO) that is undergoing an upgrade prior to deployment offshore Brazil. -
15 Oct 26
UK: Rosebank and Jackdaw decisions due 'shortly' as new poll shows public support
Andy Burnham has promised a decision on Rosebank and Jackdaw 'shortly', as a new poll has revealed Scots' overwhelming support for the developments. -
15 Oct 26
Predator Oil & Gas announces placing to raise £2.5 million
Predator Oil & Gas Holdings, the Jersey based Oil and Gas Company with producing hydrocarbon operations focussed on Trinidad and Morocco, has announced a placing to raise £2.5 million. Proceeds from the placing are focussed on exploiting a window of opportunity to accelerate production growth in Trinidad to avail of higher oil price and economies of scale. -
15 Oct 26
Gabon: BW Energy reports positive appraisal results at Dussafu set to fast-track new production well
BW Energy, the operator, has found commercial volumes in both appraisal wells drilled in the Dussafu field in Gabon, with combined recovery estimated at approximately 8-9 million barrels of oil gross. The results support two additional producing wells, the first of which will be drilled in the ongoing MaBoMo Phase 2 campaign, on track for first oil in the first quarter of 2027. -
15 Oct 26
Iraq: Gulf Keystone Petroleum receives its first top-up barrels from SOMO, reconciling Q4 2025 export sales to international prices
Gulf Keystone understands that a first cargo was recently lifted following the allocation of additional barrels by Iraq’s State Oil Marketing Organisation ('SOMO') to compensate the Company and other IOCs party to the tripartite interim export agreements. The top-up barrels reconcile export sales during Q4 2025 to international prices and begin to repay the Company’s outstanding top-up receivables. -
15 Oct 26
Malaysia: Seascape Energy receives Letter of Agreement from PETRONAS regarding acreage expansion around Temaris Cluster PSC
Seascape Energy, an E&P company focused on Southeast Asia, has received a Letter of Agreement from PETRONAS via Malaysia Petroleum Management ('MPM') in respect of a large areal extension to the north and east of its Temaris Cluster Small Field Asset PSC (Seascape 100%).
