Latest News
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08 Jul 25
Norway: Var Energi enters into collaboration agreement with TechnipFMC
Vår Energi has entered into a collaboration agreement with TechnipFMC Norge for delivery of subsea projects utilizing its integrated commercial model for engineering, procurement, construction, and installation. The agreement pertains to future subsea developments in the Gjøa area in the North Sea. -
08 Jul 25
UK: Renewable Connections gets green light for 38MW solar and 30MW BESS site in Kent
Renewable Connections reports that Canterbury City Council has consented a solar and battery energy storage system (BESS) that will generate enough renewable energy for up to 15,000 homes and provide valuable support to the existing grid network. The 38MW solar and 30MW BESS site is located north of Tyler Hill, Kent. -
08 Jul 25
Cyprus: Exxon Mobil finds natural gas reservoir offshore Cyprus
A consortium led by ExxonMobil has encountered natural gas at a prospect off the island's coast, a Cypriot government spokesperson said on Monday, according to a Reuters report. -
08 Jul 25
Sweden: Cloudberry and Hafslund reach Final Investment Decision for Dingelsundet Battery Project
Cloudberry Clean Energy, together with Hafslund Vekst AS,has announced that the partners have reached a final investment decision (FID) in the joint development of Dingelsundet Battery Energy Storage System ('BESS') project, located outside Karlstad, Sweden. The project’s size will be 24 MW/ 48 MWh and the partners will own 50% of the project each. -
08 Jul 25
India: Synergia Energy announces proposed sale of Cambay PSC 50% WI to Selan Exploration
Synergia and Selan Exploration Technology have executed a Heads of Terms for the proposed sale of the Company's remaining 50% working interest in the Cambay PSC. -
08 Jul 25
India: Synergia Energy announces update on operations at its Cambay PSC in India
Synergia Energy has announced an update regarding its Cambay PSC (WI: 50%), onshore India. Selan Exploration Technology have contracted a 50-Tonne workover rig with Aakash Exploration to undertake three workovers, commencing with a workover on the C-64 well. -
08 Jul 25
bp announces non-executive director appointment
bp has announced the appointment to its board of Simon Henry as a non-executive director with effect from 1 September 2025. In a career of 35 years with Shell, he held senior finance and management roles internationally and was chief financial officer and a member of the board from 2009 until 2017. -
08 Jul 25
Canada: PETRONAS commemorates its first LNG cargo from LNG Canada facility
PETRONAS has achieved a major milestone with the successful departure of its first liquefied natural gas (LNG) cargo from the newly operational LNG Canada facility in Kitimat, British Columbia (B.C.), Canada. -
08 Jul 25
Shelf Drilling announces one-year contract extension for the Key Manhattan
Shelf Drilling has secured a one-year extension for the Key Manhattan jack-up rig, in direct continuation of its current contract. The total added contract value is approximately USD 29 million, and the rig is now committed until November 2026 with one year of additional options thereafter. -
08 Jul 25
Algeria: SONATRACH and Eni sign production sharing contract on the Zemoul El Kbar perimeter
SONATRACH and Eni have signed a production sharing contract to explore and develop the contractual perimeter of Zemoul El Kbar, located in the Berkine Basin some 300 km East of Hassi Messaoud. -
07 Jul 25
UK: Ithaca Energy completes acquisition of JAPEX UK E&P increasing Ithaca Energy’s interest in the Seagull field
Ithaca Energy has announced that its acquisition of the entire issued share capital of JAPEX UK E&P from Japan Petroleum Exploration Co., announced on 25 March 2025, has completed. The acquisition increases Ithaca Energy’s working interest in the bp-operated high-value Seagull field from 35% to 50%. -
07 Jul 25
EMGS reports vessel activity and multi-client sales update for the second quarter 2025
EMGS, the marine EM market leader, has released information on vessel activity and multi-client sales during the quarter. At the end of Q2 2025 the Company had one vessel on charter, the Atlantic Guardian, which completed the second of two proprietary surveys in India in the quarter and started transit back to Norway for three fully prefunded multi-client surveys in the North Sea with a total contract value of USD 2.7 million. -
07 Jul 25
Latvia: SUNOTEC acquires large-scale co-located park with 400 MWp PV solar and 600 MWh BESS storage in Latvia from Danish Sun Energy
SUNOTEC, one of Europe’s leading renewable energy development and construction companies, has acquired 100% of the share capital in SIA DSE Lazas Solar from Danish greenfield developer Danish Sun Energy to build a new PV solar power plant with a total capacity of 400 MWp (megawatts DC) with a storage capacity of 600 MWh (megawatthours) battery storage with commissioning planned for March 2027). -
07 Jul 25
Brazil/China: Brazilian and Chinese shipyards sign document to develop partnerships
Brazilian and Chinese shipyards signed memorandums of understanding to develop technological and commercial partnerships at the Strategic Forum for the Brazil-China Shipbuilding Industry in Rio de Janeiro. -
07 Jul 25
The President of the Republic of Algeria Abdelmadjid Tebboune meets Eni CEO Claudio Descalzi
The President of the Republic of Algeria Abdelmadjid Tebboune met Eni CEO Claudio Descalzi in Algiers to discuss the company’s activities in the country, including gas production and export, ongoing and future investments, and energy transition initiatives. -
07 Jul 25
Brazil: McDermott awarded offshore contract by Brazil's BRAVA Energia
McDermott has been awarded a sizeable offshore transportation and installation contract by BRAVA Energia, the most diversified independent oil and gas company in Brazil, for the Papa-Terra field in the Campos Basin and the Atlanta field in Block BS-4 within the Santos Basin, both offshore Brazil. -
07 Jul 25
UK: Wales’s largest Offshore Wind Farm, Gwynt y Môr marks 10 years powering the nation
RWE has marked 10 years of electricity generation at Gwynt y Môr Offshore Wind Farm, off the North Wales coast, a major clean power milestone. At 576 megawatts (MW) installed capacity, Gwynt y Môr is currently the largest operating renewable energy project in Wales and, at the time of its inauguration in June 2015, was the second largest offshore wind farm operating globally. -
07 Jul 25
Shell second quarter 2025 update note
Shell has provided an update to the second quarter 2025 outlook and given an overview of the current expectations for the second quarter. Outlooks presented may vary from the actual second quarter 2025 results and are subject to finalisation of those results, which are scheduled to be published on July 31, 2025. -
07 Jul 25
UK: OEUK marks the 37th anniversary of the Piper Alpha accident
Marking the 37th anniversary of the Piper Alpha accident on Sunday July 6 David Whitehouse, Chief Executive, OEUK said: 'In remembering the 37th anniversary of the Piper Alpha accident, our thoughts are with everyone affected - families, friends, and loved ones. The lessons learned from Piper Alpha brought about crucial changes to how our industry operates and continues to drive our commitment to making offshore work as safe as it can be.'
