Latest News
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04 Jun 25
UK: Sonardyne awarded contract for seabed monitoring landers and associated services for NEP project
Sonardyne has been contracted by the Northern Endurance Partnership (NEP), the developer of the onshore and offshore infrastructure needed to transport carbon dioxide (CO2) from carbon capture projects across Teesside and the Humber – collectively known as the East Coast Cluster – to secure storage under the North Sea. -
04 Jun 25
Canada: Natural Gas Resource Assessment demonstrates the natural gas potential in the Jeanne d’Arc Basin
The Honourable Steve Crocker, Minister of Industry, Energy and Technology, has released the Provincial Government’s Natural Gas Resource Assessment which demonstrates the natural gas potential for the province in the Jeanne d’Arc Basin. -
04 Jun 25
Germany/Denmark: RWE and Norges Bank Investment Management jointly realise offshore wind projects off the German and Danish coast
RWE and Norges Bank Investment Management (NBIM) have successfully closed the transaction they announced in March. NBIM now holds a 49% equity stake in both the Nordseecluster and Thor offshore wind projects. RWE, with a 51% stake, remains in charge of construction and operations throughout the lifecycle of these offshore wind farms. The purchase price is approximately €1.4 billion. -
04 Jun 25
Argentina: Vestas announces 102 MW order in Argentina
Vestas has announced a 102 MW order in Argentina as part of its Q2 order intake. Delivery and commissioning are planned for the fourth quarter of 2026. -
04 Jun 25
UK: Bilfinger UK secures multi-million-pound contract to enhance UK gas distribution network
Bilfinger UK has secured a multi-million-pound contract with Cadent to update critical elements of the UK's largest gas distribution network. This 12-month construction project, set to begin in Q1 2025, will involve a multi-disciplinary approach encompassing civil, mechanical, and electrical & instrumentation (E&I) scopes. -
04 Jun 25
UK: EnQuest selects Fennex’s AI-powered BBSS™ to enhance safety and behavioural insights across UK assets
Fennex has secured a multi-year contract with international energy company EnQuest for the deployment of its flagship AI-powered Behaviour-Based Safety System, BBSS™. This partnership marks a major step in advancing data-driven safety practices across EnQuest’s UK operations. -
04 Jun 25
South Africa: Eco Atlantic secures Exploration Right and transfer of 75% interest in Block 1 - South Africa's Orange Basin
Eco (Atlantic) Oil & Gas has announced that, further to the Farm-In Agreement announced on 5 June 2024, formal approval has been received from the South Africa Department of Mineral and Petroleum Resources. Accordingly, Eco has now secured a 75% Working Interest and full Operatorship of Block 1 offshore South Africa - one of the most strategically positioned assets in the highly prospective Orange Basin. -
04 Jun 25
Ghana: The Government of Ghana, Tullow, Kosmos Energy, PetroSA, GNPC and Explorco sign MoU to extend Ghana production licences to 2040
The Government of Ghana, Tullow Oil, Kosmos Energy, PetroSA, GNPC and Explorco have entered into a Memorandum of Understanding (MOU) to extend the West Cape Three Points (WCTP) and Deep Water Tano (DWT) licences to 2040, which cover the Jubilee and TEN fields in Ghana. -
04 Jun 25
Azerbaijan: Go-ahead for next phase of development of giant Shah Deniz gas field
The Shah Deniz consortium today announced it has taken the final investment decision (FID) for the new Shah Deniz Compression (SDC) project, the next stage of development of the giant Shah Deniz gas field in the Azerbaijan sector of the Caspian Sea. -
04 Jun 25
US: Viper Energy, a subsidiary of Diamondback Energy, to acquire Sitio Royalties Corp.
Viper Energy, a subsidiary of Diamondback Energy, and Sitio Royalties Corp. have announced that they have entered into a definitive agreement under which Viper will acquire Sitio in an all-equity transaction valued at approx. $4.1 billion, including Sitio’s net debt of approx. $1.1 billion as of March 31, 2025. -
04 Jun 25
Azerbaijan: bp deepens and progresses in Azerbaijan with go-ahead for new major project and exploration access
bp, together with its partners, has entered into a series of agreements that will build and expand on its major oil and gas interests in Azerbaijan, paving the way for growth and additional production while deepening its partnership with the country and state oil company, SOCAR. -
04 Jun 25
US Department of Energy terminating 24 awards totaling over $3.7 billion allocated for clean energy projects
U.S. Secretary of Energy Chris Wright has announced the termination of 24 awards issued by the Office of Clean Energy Demonstrations (OCED) totaling over $3.7 billion in taxpayer-funded financial assistance. -
03 Jun 25
Trinidad: Shell takes Final Investment Decision for Aphrodite in Trinidad and Tobago
Shell Trinidad and Tobago has taken a Final Investment Decision (FID) on the Aphrodite project, an undeveloped gas field in the East Coast Marine Area (ECMA) in Trinidad and Tobago. -
03 Jun 25
UK: METLEN expands its renewable energy projects portfolio in the UK
METLEN, a global industrial and energy company, has signed six new contracts for the development of renewable energy projects in the UK, further strengthening its presence in the country. The new EPC contracts are for five solar parks and one Battery Energy Storage System (BESS), with a combined capacity of 313.4 MW. -
03 Jun 25
UK: TotalEnergies acquires a pipeline of solar and battery projects
TotalEnergies has announced the acquisition from Low Carbon, a leading renewable energy company, of a pipeline of 8 solar projects with a capacity of 350 MW and 2 battery storage projects with a capacity of 85 MW.
