Latest News
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04 Feb 26
UK: Fair Work Charter and new skills investment fund will maximise opportunities to create high-quality well-paid jobs in UK wind industry
RenewableUK's Director of Renewable Delivery Scott Young comments on the Government’s announcement of reforms to the Clean Industry Bonus which will create a pooled skills fund supported by the UK wind industry, and the introduction of a Fair Work Charter. -
04 Feb 26
UK: Five UK companies secure £1.2m to scale offshore wind manufacturing
The Offshore Wind Growth Partnership (OWGP) has announced the recipients of the second round of its Manufacturing Facility Support Programme (MFSP), awarding a total of £1.2 million to five UK companies to accelerate investment in offshore wind manufacturing facilities. -
04 Feb 26
Guyana: FPSO ONE GUYANA purchase by ExxonMobil Guyana completed
SBM Offshore and ExxonMobil Guyana, an affiliate of Exxon Mobil Corporation, have completed the transaction related to the purchase of FPSO ONE GUYANA, ahead of the maximum lease term which would have expired in August 2027. The purchase allows ExxonMobil Guyana to assume ownership of the unit while SBM Offshore will continue to operate and maintain the FPSO up to 2035. -
04 Feb 26
US: Avangrid achieves commercial operation at two solar projects in Oregon
Avangrid, a leading energy company and member of the Iberdrola Group, has achieved commercial operations at two new solar projects in Wasco County, Oregon – Daybreak Solar and Bakeoven Solar – both of which will deliver energy to the Portland General Electric (PGE) power grid. -
04 Feb 26
BOEM advances second OBBBA Offshore Lease Sales
BOEM released the Final Notice of Sale for Lease Sale Big Beautiful Gulf 2 (BBG2), the second of 30 Gulf of America lease sales required by the One Big Beautiful Bill Act. Lease Sale BBG2 proposes to offer approx. 15,066 unleased blocks covering about 80.4 million acres on the U.S. Outer Continental Shelf in the Gulf of America. -
04 Feb 26
Romania: Greenvolt secures €58.5 million financing for 49.8 MW wind project in Romania
Greenvolt Group, through Greenvolt Power, a global developer of large-scale wind, solar, and battery energy storage, has secured €58.5 million in project finance with Erste Group Bank AG and Banca Comerciala Româna (BCR) to support the development of a 49.8 MW onshore wind project located in Sacele, in the Transylvania region, central Romania. -
04 Feb 26
Penspen delivers record year with $500m in contract awards in 2025
Penspen, a leading global energy consultancy company, has announced a record year, securing $500 million in new contract awards in 2025, up 120% on 2024. The performance was driven by strong growth across the Middle East, Africa, Europe and the Americas, supported by major energy infrastructure and energy transition programmes. -
04 Feb 26
Bulgaria: NewMed Energy provides an update on an exploration well in the Vinekh prospect in Block 1-21 Han Asparuh, offshore Bulgaria
NewMed Energy has provided an update on an exploration well in the Vinekh Prospect, located in Block 1-21 Han Asparuh, offshore Bulgaria, in the Black Sea. -
04 Feb 26
Jamaica: United Oil & Gas - 'On the Rocks' podcast discusses offshore Jamaica geology
United Oil & Gas has announced the the release of the first episode of On the Rocks, an internal technical podcast aimed at providing shareholders and stakeholders with deeper insight into the geological evidence underpinning the Company's offshore exploration activities. -
04 Feb 26
Latin American oil giants shrug off potential Venezuelan comeback; smaller players seize near-term upside - Rystad Energy
Argentina, Guyana and Brazil are poised to lead Latin American oil production growth in 2026, even though the possible return of Venezuelan barrels poses questions for the region’s long-term capital expenditure strategy. -
04 Feb 26
UK: Wood and Kellas Midstream extend operating partnership at the CATS facility
Wood has renewed its longstanding contract with Kellas Midstream to continue serving as operating partner (‘Duty Holder’), for the Central Area Transmission System (CATS) at Teesside in the United Kingdom. -
04 Feb 26
Electric mobility: TotalEnergies and Tikehau Capital join forces to develop public charging networks in Belgium and the Netherlands
TotalEnergies and Tikehau Capital have announced the creation of a joint investment platform to promote the development of charging infrastructure for electric vehicles in urban public spaces in Belgium and the Netherlands. -
04 Feb 26
Brazil: KUFPEC acquires 20% interest in Orca and Sul De Orca in Brazil
Kuwait Foreign Petroleum Exploration Company ('KUFPEC') has reached an agreement to acquire a 20% interest in the Orca and Sul de Orca asset from Shell Brasil Petróleo Ltda, a wholly-owned subsidiary of Shell. Current estimated recoverable resource volumes of the Orca development are approx. 370 million barrels with production expected to start in 2029. -
04 Feb 26
Kuwait: TotalEnergies and Kuwait Oil Company sign technical cooperation agreement
At the opening of the 5th Kuwait Oil & Gas Show and Conference (KOGS), TotalEnergies and Kuwait Oil Company (KOC) signed a Memorandum of Understanding (MoU) to strengthen their cooperation, exchange expertise and conduct technical studies. The MoU notably includes studies related to new exploration opportunities in the country, for which TotalEnergies will mobilize its technical expertise. -
04 Feb 26
Qatar: PETRONAS signs 20-year LNG supply agreement with QatarEnergy
PETRONAS LNG, a subsidiary of PETRONAS, has signed a 20-year liquefied natural gas (LNG) Sale and Purchase Agreement (SPA) with QatarEnergy, the first long-term LNG supply agreement between the two companies. -
04 Feb 26
TGS awarded OBN contract in the North Sea
TGS, a leading provider of energy data and intelligence, has announced the award of an ocean bottom node (OBN) contract in Europe, extending the acquisition campaign further. The company’s node-on-a-rope crew is scheduled to commence acquisition in early April and the contract has a duration of approx. 45 days. -
04 Feb 26
Equinor fourth quarter and full year 2025 results
Equinor delivered an adjusted operating income of USD 6.20 billion and USD 1.55 billion after tax in the fourth quarter of 2025. Equinor reported a net operating income of USD 5.49 billion and a net income of USD 1.31 billion. Adjusted net income was USD 2.04 billion, leading to adjusted earnings per share of USD 0.81.
