Latest News
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25 Feb 26
Portugal: Exus Renewables to acquire stake in Masdar’s Portuguese wind portfolio
Exus Renewables, a leading global energy solutions provider, has signed an agreement with Abu Dhabi Future Energy Company PJC – Masdar, a global clean energy leader, to acquire a 60 percent stake in a portfolio of nine wind farms in Portugal. Masdar will retain a 40 percent stake in the portfolio. -
25 Feb 26
Germany: First components for Nordlicht I completed ahead of schedule
The Nordlicht cluster has reached an important milestone before offshore construction is set to begin later this year: the first monopiles and transition pieces for Nordlicht I have been successfully completed, ahead of schedule. -
25 Feb 26
Malaysia: Velesto secures contract for East Belumut Phase 9
Velesto Energy, through its wholly owned subsidiary Velesto Drilling, has been awarded a drilling contract of approximately USD16.5 million by Jadestone Energy (Malaysia). The contract involves the provision of NAGA 8 to support infill drilling activities at the East Belumut field. -
25 Feb 26
Deep Value Driller announces agreement to sell the Deep Value Driller
Following the announcement by Deep Value Driller (DVD) on 17 February 2026 regarding the agreement to sell the Group's 7th generation mobile offshore drilling vessel 'Deep Value Driller' to Saipem, the Company has received an unsolicited offer from Eldorado Drilling to acquire the Drillship for a price of USD 300 million payable in cash and has accepted Eldorado's offer in preference to that of Saipem. -
25 Feb 26
UK: Star Energy announces trading update for the year to 31 December 2025
Star Energy, a leading onshore hydrocarbon producer in the United Kingdom, delivering natural gas and crude oil to Britain’s energy market, has provided a trading update for the year to 31 December 2025. -
25 Feb 26
UK: NSTA provides data access boost for carbon storage, offshore wind and decommissioning
The North Sea Transition Authority (NSTA) has enabled a new free text search facility which will help users from industry, academia and government access crucial information more quickly. This will be of huge assistance to researchers looking for information to help them determine if a location is suitable for uses such as carbon storage or offshore wind. Oil and gas decommissioning will also benefit. -
25 Feb 26
Qatar: Technip Energies awarded a major LNG contract for the North Field West project by QatarEnergy
Technip Energies, as leader of a joint venture with Consolidated Contractors Company (CCC) and Gulf Asia Contracting (GAC), has been awarded a major Engineering, Procurement, Construction and Commissioning (EPCC) contract by QatarEnergy for the onshore LNG facilities of the North Field West (NFW) project. -
25 Feb 26
Finland: Statkraft signs contract with OX2 to optimize large-scale batteries in Finland
Statkraft and Swedish developer OX2 have signed a seven-year, 235-MW battery energy storage agreement in Finland. This is Statkraft’s largest BESS PPA in the Nordics to date. -
25 Feb 26
Getech’s latest Globe release delivers deeper tectonic and structural insight
Getech, a world-leading locator of subsurface resources, has released a new version of Globe, its flagship geoscience analysis platform. Globe 2026.1 adds new data layers, updates existing content and introduces new tools that expand the platform’s analytical capabilities to enable its users to gain greater insight into Earth’s tectonic and structural development. -
25 Feb 26
UK: Leading energy companies unite in bid to create Britain’s first hydrogen network in the Humber
Four of Britain’s leading energy companies – National Gas, Centrica, Equinor and SSE Thermal – have launched a coordinated bid to develop Britain’s first regional hydrogen transport and storage network in the Humber. -
25 Feb 26
UK: Ofgem must urgently reform network charges or risk Britain’s energy transition, says industry body
A report published today (February 24) by Scottish Renewables, the industry body for renewable energy in Scotland, has called on Ofgem to take immediate action on network charges and secure Scotland’s vital role in delivering economic growth and clean power as a cornerstone of Britain’s new energy mix. -
25 Feb 26
UK: Billpayers to start benefitting from an average of £150 off the costs of energy bills from April onwards
The Government announced in the Autumn Budget that it would cut the cost of living, including by taking an average of £150 off the costs of energy bills from April. The energy regulator Ofgem has now confirmed the energy price cap for April – which limits the amount customers on standard variable tariffs pay for each unit of gas and electricity – will fall by 7%. -
25 Feb 26
Denmark: Worley selected by Energinet for flagship hydrogen pipeline project in Denmark
Worley has signed a five-year Engineering, Procurement and Construction Management (EPCM) services contract by Energinet to support Phase 1 of the Danish Hydrogen Backbone pipeline. -
25 Feb 26
Nordex Group reports solid Q4/2025 results, enabling the company to meet all financial and operational targets for 2025
Nordex Group reports solid Q4/2025 results, enabling the company to meet all financial and operational targets for 2025 and to exceed its previously communicated mid-term EBITDA margin target. -
25 Feb 26
Trinidad: Touchstone Exploration announces 2025 year-end reserves
Touchstone Exploration has announced 2025 year-end reserves. The year-end reserves report highlights the strategic integration of the Central block into the Company's producing reserve base, establishing a new pillar for LNG-linked growth alongside the Company's stable oil production and Ortoire natural gas assets. -
25 Feb 26
Magnora releases annual report for 2025 and outlook update
Magnora has published its annual report for 2025 and shared highlights on progress for sales and scaling the data center segment. Magnora extended its strategic scope by establishing a data center business area with improved margins, now being the company’s top investment and growth priority.
