Latest News
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16 Jun 25
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16 Jun 25
Australia: Vintage Energy sells entire 25% interest in PEP 171, onshore Otway Basin, to Beach Energy
Vintage Energy has announced the signing of contracts with Adelaide Energy (a wholly-owned subsidiary of Beach Energy) for the sale of Vintage’s entire 25% stake in PEP 171, onshore Otway Basin, Victoria. -
16 Jun 25
Egypt: Scatec reaches financial close for the 1.1GW solar + 100MW/200MWh BESS Obelisk project
Scatec has reached financial close for the 'Obelisk' hybrid solar and battery storage project in Egypt. The project will be constructed in two phases. The first phase of 561 MW solar + 100 MW/200 MWh battery storage is targeted to reach commercial operational date (COD) in the first half of 2026. The second phase of 564 MW solar in the second half of 2026. -
16 Jun 25
US: TotalEnergies enters 40 Chevron-operated exploration blocks, building on a successful U.S. offshore partnership between both Companies
TotalEnergies has announced the acquisition of a 25% working interest in a portfolio of exploration leases Offshore U.S. from Chevron (operator). The 40 Outer Continental Shelf (OCS) federal leases, spanning approx. 1,000 km2 and located 175 to 330 km from shore, include 13 blocks located in the Walker Ridge area, 9 blocks in the Mississippi Canyon area and 18 blocks in the East Breaks area. -
16 Jun 25
Brunei: Wood JV wins new major EPC contract in Brunei
John Wood Group (‘Wood’) and its joint venture (JV) partner, Tendrill International Sdn. Bhd, has secured a five-year contract with Brunei Shell Petroleum Sdn Bhd (BSP) for brownfield engineering, procurement, and construction (EPC) services. -
16 Jun 25
Australia: Thor Energy awarded Gas Storage Exploration Licences, South Australia
Thor Energy has announced that its subsidiary, Go Exploration, has received an offer from the South Australian Department for Energy and Mining to be granted three Gas Storage Exploration Licences: GSEL 804, GSEL 805, and GSEL 806, which has been formally accepted. -
16 Jun 25
Timor Leste: Sunda Energy provides Chuditch Update
Sunda Energy has announced that the planned Chuditch-2 appraisal well on the Chuditch field in the TL-SO-19-16 Production Sharing Contract, planned for drilling in H2 2025, is now expected to be drilled in H1 2026. The Company intends to initiate new or revisited discussions with potential funding parties that have expressed an interest in participating in the development of the Chuditch project and the export of gas for LNG. -
16 Jun 25
XRG Consortium makes non-binding, indicative proposal to acquire Santos
Santos has announced that on 13 June 2025 it received a non-binding indicative proposal from a consortium led by XRG P.J.S.C., a subsidiary of Abu Dhabi National Oil Company and including Abu Dhabi Development Holding Company (ADQ) and Carlyle (the XRG Consortium). -
16 Jun 25
Congo (Brazzaville): Perenco Congo launches new development phase with Kombi 2 platform
Perenco Congo has confirmed a major investment project with the construction of a new platform, Kombi 2. The Kombi 2 construction project, including the upcoming drilling phases, represents an investment of over $200 million. -
16 Jun 25
Denmark: Topping-out ceremony: operations and maintenance base for Thor offshore wind farm nearing completion
On June 12, RWE and Danish construction company Østermark Entreprenørforretning held a topping-out ceremony for the new building that will be the operations and maintenance base for Denmark's largest offshore wind farm, Thor. -
16 Jun 25
UK: Government backs 2 major Carbon Capture projects in Aberdeenshire and the Humber
Workers in the North Sea and Britain’s manufacturing heartlands will drive forward the country’s industrial renewal, as 2 major carbon capture projects in Aberdeenshire and the Humber receive funding to progress. -
16 Jun 25
Egypt: Scatec signs PPA for 900MW onshore wind project in Egypt
Scatec has signed a USD-denominated 25-year Power Purchase Agreement (PPA) with the Egyptian Electricity Transmission Company (EETC) for a 900 MW wind project. -
16 Jun 25
US: XGS Energy and Meta to partner on 150 MW advanced geothermal project
XGS Energy and Meta have announced an agreement to support development of 150 MW of next-generation geothermal energy in New Mexico, highlighting the critical role XGS will play in rapidly delivering reliable electricity to meet growing energy demand. -
16 Jun 25
ASCO wins major North-Sea services contract
ASCO has secured a landmark nine-figure contract with a major North Sea energy operator, reinforcing its position as the leading logistics provider to the energy industry. -
16 Jun 25
Malaysia: PETRONAS awards first MBR 2025 PSC to Dialog, unlocking East Coast Sabah's hydrocarbon potential
PETRONAS, through Malaysia Petroleum Management (MPM), awarded a Small Field Asset Production Sharing Contract (SFA PSC) for the Mutiara Cluster, off the coast of Sabah, offered under the Malaysia Bid Round 2025 (MBR 2025) launched earlier this year. -
16 Jun 25
UK: Funding boost for UK hydrogen market a welcome step, says OEUK
Offshore Energies UK has welcomed the government announcement of over £500 million to support the development the UK’s first network for hydrogen transport and storage. -
16 Jun 25
UK: OEUK announces shortlist for Offshore Safety Awards 2025
Offshore Energies UK and Step Change in Safety have announced details of entries shortlisted for this year’s exciting Offshore Safety Awards. The event is designed to maintain and promote the highest professional standards in our industry and is now being sponsored by Torus, an organisation at the forefront of the energy transition -
16 Jun 25
Israel: Energean reports temporary suspension of production from the Energean Power FPSO
Energean has confirmed that it received notice from the Ministry of Energy and Infrastructure on 13 June 2025 ordering the temporary suspension of production and activities of the Energean Power FPSO, following the recent geopolitical escalation in the region.
