Latest News
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16 Sep 26
Verlume and SubCtech sign MoU to advance Integrated Subsea Power Solutions
Verlume, a world-leading specialist in intelligent subsea power, communications and control, has signed a Memorandum of Understanding (MoU) with German subsea battery producer SubCtech to collaborate on the development and delivery of integrated subsea power solutions. -
16 Sep 26
Libya: OMV strengthens its organic Upstream growth with Libyan discovery
OMV announces a significant exploration success in Libya: Following the completion of technical and economic evaluations, the OMV operated 'Essar' well in Libya’s Sirte Basin has been classified as commercially viable. OMV holds 12% interest in the concession area C 103. -
16 Sep 26
US: Chord Energy announces divestiture of non-operated Marcellus assets
Chord Energy has announced that one of its subsidiaries has entered into an agreement to sell its entire non-operated Marcellus position to POSCO International Corporation for total gross consideration of $550MM. The transaction is expected to close in the fourth quarter of 2026 subject to customary closing conditions. -
16 Sep 26
Japan: GE Vernova to supply 29.4 MW of wind capacity for Eurus Energy’s Hiyamizutouge Project in Japan
GE Vernova announced that its Onshore Wind business has signed an agreement with Eurus Energy Holdings Corporation (Eurus Energy) to supply seven 4.2 MW-117m wind turbines for the 29.4 MW Eurus Hiyamizutouge Wind Farm in Mutsu City and Higashidori Village, Aomori Prefecture, Japan. -
16 Sep 26
Côte d’Ivoire: Eni completes the sale of a 10% stake in the Baleine project in Côte d’Ivoire to SOCAR
Eni has announced the completion of the sale of a 10% stake in the Baleine project in Côte d’Ivoire to SOCAR. Eni has been present in Cote d’Ivoire since 2015. Baleine is Eni’s first development in the country, and the first net-zero development in Africa. -
16 Sep 26
Norway: Aker BP has made a gas discovery in the North Sea (36/4-2 and 36/4-2 A)
Aker BP has made a gas discovery in the North Sea (36/4-2 and 36/4-2 A). Preliminary calculations show that the size is between 0.15 and 2.4 million standard cubic metres of recoverable oil equivalent (Sm3 of o.e.), which corresponds to 1-15 million barrels. -
16 Sep 26
Thailand: Valeura Energy announces 'Suraphi' exploration discovery near its Manora oil field
Valeura Energy has announced an exploration discovery near its Manora oil field and completion of a successful development and appraisal drilling campaign on its Jasmine field, in the Gulf of Thailand. -
16 Sep 26
Petrobras awards Strohm a contract to supply thermoplastic composite pipes for Brazil's deepwater post-salt
Petrobras has awarded Strohm B.V. and its subsidiary Strohm Brasil a contract to supply thermoplastic composite pipe (TCP) for the Brazilian post-salt cluster. -
16 Sep 26
Wind industry names new leadership to turn record year into lasting momentum
The WindEurope Board has elected Ørsted CEO Rasmus Errboe as its new Chair and Enel Green Power CEO Salvatore Bernabei as Vice-Chair. Today marks the start of their 18-month tenure. Europe is on track to install a record 24 GW of new wind capacity in 2026. But this success cannot be taken for granted. -
16 Sep 26
UK: EnergyPathways files patent applications for innovative zero emissions thermal storage technology
AIM-listed EnergyPathways, the UK energy transition company, has filed patent applications covering key technology innovations it has developed in-house. The patent technologies are expected to enhance the value of its modular Compressed Air Energy Storage ('CAES') system which the Company is developing for its MESH Long Duration Energy Storage ('LDES') project. -
16 Sep 26
Estonia: Magnora ASA’s subsidiary Magnora Data Center ASA acquires 50% stake in joint venture to develop up to 400 MW data center in Risti
The separately listed subsidiary of which Magnora ASA owns 52.7%, Magnora Data Center ASA ('MDATA'), has entered into an agreement to acquire a 50% interest in the Risti Kampus data center project. -
16 Sep 26
Germany: Nordex Group receives 91 MW order from TEUT Energieprojekte in Brandenburg, Germany
The Nordex Group has received an order for 91 MW in Brandenburg, Germany. The contract also includes a Premium Service contract with a term of 20 years. The customer is TEUT Energieprojekte GmbH. -
16 Sep 26
Malaysia: TechnipFMC Awarded iEPCI® Contract for PETRONAS’ Limbayong Project Offshore Malaysia
TechnipFMC announced that its subsidiary, FMC Wellhead Equipment Sdn. Bhd., has been awarded a significant(1) integrated Engineering, Procurement, Construction, and Installation (iEPCI®) contract by PETRONAS Carigali Sdn. Bhd. (PETRONAS) for the Limbayong deepwater project offshore Malaysia. -
16 Sep 26
UK: Centrica, X-energy advance nuclear plans as UK regulators to begin design review for Xe-100
Centrica and X-Energy, Inc., a leading developer of advanced nuclear reactors and fuel technology, have announced that X-energy's Xe-100 Generation IV advanced Small Modular Reactor ('SMR') has been accepted into the United Kingdom's Generic Design Assessment ('GDA') process.
