Latest News
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19 Dec 25
UK: Masdar completes first project in £1 billion UK Battery Storage Investment and announces new projects in pipeline
Abu Dhabi Future Energy Company PJSC – Masdar, a global clean energy leader, today announced the start of commercial operations at its battery energy storage system (BESS) facility in Stockport; the first project to be completed under Masdar’s £1 billion commitment to invest in UK battery energy storage. -
19 Dec 25
Offshore Wind forecast slashed, but signs of recovery emerge for 2026
Stalled site auctions, delayed final investment decisions and cancelled offtake contracts continued to weigh on the global offshore wind industry in 2025, according to the latest Global Market Overview report by wind market research and intelligence experts, TGS | 4C. -
19 Dec 25
UK: ABP and ScottishPower Renewables sign landmark agreement to support offshore wind operations from Port of Lowestoft
Associated British Ports (ABP), the UK’s leading port operator, has announced a long-term partnership with ScottishPower Renewables (SPR) to support operations and maintenance (O&M) activities for the East Anglia TWO (EA2) and East Anglia THREE (EA3) offshore wind farms from the UK’s most easterly port, where ABP has recently completed the Lowestoft Eastern Energy Facility (LEEF). -
19 Dec 25
Mozambique: TechnipFMC awarded substantial subsea contract for the Coral North FLNG Development offshore Mozambique
TechnipFMC has been awarded a substantial Engineering, Procurement, Construction, and Installation contract by Eni for the Coral North development, the second floating liquefied natural gas (FLNG) project offshore Mozambique, in water depths of approx. 2,000 meters. -
19 Dec 25
US: RWE and Indiana Michigan Power Company partner to support Indiana’s growing electricity demand with long-term PPA for 200 MW project
RWE and Indiana Michigan Power Company (I&M), an American Electric Power (AEP) company, are partnering to bring new power generation online to meet Indiana’s growing electricity demand. The companies signed a long-term power purchase agreement (PPA) for the total output from RWE’s 200 MW Prairie Creek project in Blackford County, Indiana. -
19 Dec 25
UK: SSEN Transmission signs £1bn Bank Facility backed by the National Wealth Fund
SSEN Transmission, 75% owned by the electricity infrastructure company SSE plc, has announced a £1bn,12-year bank facility backed by an £800m financial guarantee from the UK Government's National Wealth Fund which will support four major grid upgrade projects under way in the north of Scotland. -
19 Dec 25
UK: Angus Energy announces Saltfleetby Gas Field workover
In line with the Company's previously announced production enhancement strategy, Angus Energy has announced the commencement of a planned workover programme at the Saltfleetby Gas Field. -
19 Dec 25
US: California Resources closes combination with Berry Corporation
California Resources (CRC) has closed its all-stock combination with Berry Corporation. The transaction enhances CRC’s premier California portfolio of long-lived, low-decline conventional assets with significant development upside and adds strategic optionality in the Uinta basin. -
19 Dec 25
Norway: Odfjell Drilling signs contract with Equinor for the Deepsea Aberdeen
Odfjell Drilling has announced that a Letter of Intent for use of the Deepsea Aberdeen has now been signed with Equinor for use of the unit to drill an unspecified scope in an interim period on the Norwegian Continental Shelf, before moving to the Fram Sør project, offshore Norway. -
18 Dec 25
US: JAPEX to acquire tight oil and gas assets in the U.S.
Japan Petroleum Exploration (JAPEX) has resolved to acquire the entire equity interest in Verdad Resources Intermediate Holdings (VRIH), which holds tight oil and gas assets in the U.S., through Peoria Resources Acquisition Company (AcquCo). -
18 Dec 25
Eni CCUS Holding finalizes strategic partnership with GIP for 49.99% equity stake
Eni and Global Infrastructure Partners ('GIP'), a leading global infrastructure investor and a part of BlackRock, announce the closing of the sale of a 49.99% stake in Eni CCUS Holding – a leading global player in the CCS sector (Carbon Capture and Storage). -
18 Dec 25
Poland: RWE to sell Polish offshore wind development project to PGE
RWE has signed an agreement with PGE for the sale of its F.E.W. Baltic II offshore wind development project in the Polish Baltic Sea. The wind farm has a planned capacity of 350 megawatts and will be located approx. 50 kms from shore, north of the Polish town of Ustka.
