Latest News
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27 Apr 26
Norway: Equinor granted drilling permit for wellbore 7220/5-EC-2 H in PL 532
The Norwegian Offshore Directorate has granted Equinor a drilling permit for wellbore 7220/5-EC-2 H in production licence PL 532. -
27 Apr 26
US: 88 Energy reports Participation Agreement amendment ahead of planned Franklin Bluffs-1H horizontal well
88 Energy has provided an update on the progress of its Joint Venture partner, Burgundy Xploration toward the planned production test at Project Phoenix on the North Slope of Alaska. 88 Energy has agreed to an extension of the funding milestone date under the Participation Agreement aligning the timeline to Burgundy's planned US initial public offer (IPO) process. Highlights -
27 Apr 26
OEUK Chief challenges IEA: North Sea oil & gas key to UK’s energy security and transition
David Whitehouse, the chief executive of OEUK, has responded to a piece in The Guardian where Fatih Birol, executive director of the International Energy Agency (IEA), stated that 'the damage is done,' noting that the global oil crisis has permanently transformed the fossil fuel industry. -
27 Apr 26
Nordex Group reports solid Q1/2026 results with continued margin improvement year on year
The Nordex Group has reported a positive business performance for the first quarter of 2026. Sales reached around EUR 1.6 billion in Q1/2026, a 10.6 percent increase compared to the first quarter last year (Q1/2025: EUR 1.4 billion). Gross revenue, including changes in inventories, was EUR 1.6 billion, in line with same period of last year. -
27 Apr 26
UK: Europa Oil & Gas announces North Yorkshire Council Planning Committee decision regarding the Cloughton well
Europa Oil & Gas notes the decision of the North Yorkshire Council planning committee at its meeting on 24th April that it is minded not to approve the Company’s plan for a well in Burniston on its Cloughton prospect, despite the positive recommendation from the Council’s planning department that the operation should proceed. -
27 Apr 26
UK: Engineering study shortlists sites for MESH onshore facilities in Barrow-in-Furness
AIM-listed EnergyPathways, the energy transition company, is pleased to report that Costain Group has completed a first phase of engineering studies for locating onshore facilities for EnergyPathways' MESH project at Barrow-in-Furness, Cumbria. -
27 Apr 26
Noble Corporation announces Q1 2026 results
Noble Corporation has reported first quarter 2026 results. THe Company reports approx. $565 million in new contract value since the January fleet status report, including 3-year extension for the Noble Courage and 5-well contract for the Noble Deliverer; backlog stands at $7.5 billion. -
27 Apr 26
Norway: Archer secures three-year contract extension with Equinor for wireline and intervention services
Archer has been awarded a three-year contract extension by Equinor for the provision of wireline and intervention services on the Norwegian Continental Shelf. The contract extension builds on the integrated wireline contract originally awarded to Archer in 2021, under which Archer, together with its alliance partners, has delivered services across key Equinor assets. -
27 Apr 26
Singapore: Seatrium completes tugboat fleet divestment
Seatrium has completed the divestment of its fleet of 17 tugboats in Singapore. The divestment, alongside other non-core asset divestments disclosed in an earlier announcement, is expected to deliver over S$50 million in annualised cost savings upon completion. -
27 Apr 26
Germany: GE Vernova announces new wind turbine orders from BBWind and Greenvolt Power in Germany
GE Vernova’s Wind segment announced today that it has secured agreements to supply 71.5 MWs of onshore wind turbines to BBWind and Greenvolt Power for various projects across Germany. The deals, which were booked in the Q4 of 2025, represent a significant milestone in GE Vernova’s commitment to supporting Germany’s energy transition. -
27 Apr 26
Colombia/Argentina: GeoPark announces First Quarter 2026 Operational Update
GeoPark, a leading independent energy company with over 20 years of successful operations across Latin America, has announced its operational update for the three-month period ended March 31, 2026. GeoPark delivered a solid operational start to 2026, with production from its continuing operations in Colombia and Argentina increasing versus 4Q2025 and performing above plan -
27 Apr 26
UK: Enviromena secures £825 million senior portfolio financing package secured to accelerate UK solar expansion
Enviromena has successfully signed an £825 million senior portfolio financing package, marking one of the largest solar financings in the UK this year and enabling a major expansion of its renewable energy platform. -
27 Apr 26
Mexico: Iberdrola agrees to sell businesses in Mexico for $4.2 billion
Following receipt of the necessary regulatory approvals, Iberdrola has completed the sale of its business in Mexico. The scope of the transaction includes 2,600 MW of installed capacity currently in operation. -
27 Apr 26
Paraguay: ATOME announces Final Investment Decision for the world’s first industrial-scale green fertilizer plant
ATOME, the developer of international-scale green fertiliser projects, has reached the Final Investment Decision (FID)1 on its flagship 260,000 tonne-per-year low-carbon fertiliser plant in Villeta, Paraguay (Villeta). -
26 Apr 26
Star Energy announces sale of Croatian geothermal company
AIM-listed Star Energy has signed an agreement for the sale of its Croatian subsidiary IGeoPen to Enna Geo d.o.o. IGeoPen's direct parent is A14 Energy of which Star Energy owns 71%, with 29% being owned by its JV partner, Peninsula International. IGeoPen holds three Croatian geothermal exploration licences; Ernestinovo, Sjece and Pcelic.
