Latest News
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05 May 26
OEUK: Scottish Government support for Scottish industry matters
With the Scottish election now just days away, Offshore Energies UK (OEUK) has underlined the importance of strong and consistent cross-party support for the industries that underpin jobs, investment and energy security across the country. -
05 May 26
RWE announces changes to the Management Board of RWE Offshore Wind GmbH
Sven Utermöhlen, CEO of RWE Offshore Wind, will leave the company at his own request on 30 September 2026; he will continue to advise RWE’s offshore wind business for six to twelve months. Tobias Keitel will become the new CEO of RWE Offshore Wind on 1 October 2026; Julian Garnsey will succeed Tobias Keitel as CTO. -
05 May 26
Germany: Statkraft and SUNCATCHER agree on the marketing of three solar and battery storage facilities in Germany
Statkraft, one of Europe’s leading providers of renewable energy solutions, and SUNCATCHER, an international renewable energy project developer and operator, have signed an agreement covering the marketing of three combined solar and battery storage systems in Germany. -
05 May 26
Australia: DOF Group announces contract award in the APAC Region
DOF has announced a Substantial contract award for Subsea Commissioning Support services in the APAC Region. Skandi Inventor will be deployed for the execution of the offshore operations scheduled to commence in Q2 2027 in North Australian waters. -
05 May 26
Colombia: Frontera Energy obtains final order approving plan of arrangement
Frontera Energy has obtained a final order from the Supreme Court of British Columbia approving the previously announced plan of arrangement pursuant to which Parex Resources will acquire all of Frontera's Colombian upstream business consisting of Frontera's oil and gas exploration and production assets in Colombia, its reverse osmosis water treatment facility and its palm oil plantation. -
05 May 26
Peru: Condor Energy raises A$2.25 million to advance offshore Peru portfolio
Condor Energy has received firm commitments to raise A$2.25 million (before costs) via a placement of new fully paid ordinary shares. The Company's focus is on advancing high-impact oil exploration targets which has already identified over 3 billion barrels of potential toward drilling readiness, while in parallel progressing licence conversion and gas commercialisation activities. -
05 May 26
India: GE Vernova to deliver pumped-storage technology for India’s 1.35 GW Upper Sileru hydropower plant
GE Vernova has secured an order from Megha Engineering & Infrastructures Limited (MEIL) to deliver nine 150 MW pumped-storage units for the 1.35 GW Upper Sileru hydropower plant, located in the state of Andhra Pradesh in India. -
05 May 26
Kosmos Energy announces Q1 2026 results - delivers record quarterly production
Kosmos Energy has announced its financial and operating results for the first quarter of 2026. For the quarter, the Company generated a net loss of $226 million, or $0.45 per diluted share. When adjusted for certain items that impact the comparability of results, the Company generated an adjusted net loss of $36 million, or $0.07 per diluted share for the first quarter of 2026. -
05 May 26
India: Synergia Energy announces Cambay PSC update and Board structure update
The Board of Synergia Energy has announced an update regarding its Cambay PSC (50% WI) in India and Board structure update. -
05 May 26
UK: UK Oil & Gas submits a retrospective planning application for its Horse Hill oil field
AIM-listed UK Oil & Gas has submitted a retrospective planning application for its Horse Hill oil field to Surrey County Council ('SCC') which seeks to fully restore the field's production consent which was originally granted by SCC in 2019. -
05 May 26
Ireland: Minister O’Brien drives forward on renewables, interconnection and energy security at WindEurope
Minister for Climate, Energy and the Environment Darragh O’Brien has signed two Memorandums of Understanding (MoUs) on energy cooperation at the WindEurope conference in Madrid, reinforcing Ireland’s commitment to strengthening regional collaboration and accelerating the transition to a clean, secure energy system. -
05 May 26
France: Ocean Winds delivers its first power from floating offshore wind project in France
Ocean Winds (OW), the international offshore wind energy company created by EDP Renewables and ENGIE, has started electricity production at its 30 MW Éoliennes Flottantes du Golfe du Lion (EFGL) floating offshore wind farm. With first power now delivered to the French grid, the project is already supplying renewable energy to homes and businesses in South of France. -
05 May 26
ADNOC Drilling completes MB Petroleum Services JV, advancing regional growth strategy
ADNOC Drilling Company has announced the completion of its transaction to acquire an 80% stake of MB Petroleum Services ('MBPS'), a drilling and oilfield services joint venture with MB Holding Company, with operations in Oman, Kuwait, Saudi Arabia and Bahrain. -
05 May 26
Norway: TGS announces a new multi-client 3D survey in the Norwegian North Sea
TGS has announced a new multi-client 3D streamer acquisition and processing project in the Åsta Graben area of the Norwegian North Sea. The new GeoStreamer survey will expand on TGS’ existing data coverage in the area and provide dual azimuth coverage over prospective areas to generate GeoStreamer X data. -
04 May 26
US: SM Energy closes $950 million South Texas divestiture; announces redemption of all outstanding Senior Notes
SM Energy Company has announced the closing of its previously announced sale of certain South Texas assets for a cash purchase price of $950 million (the 'South Texas Divestiture'). Net cash proceeds from the sale totaled approximately $900 million, after preliminary purchase price adjustments and estimated transaction costs. -
04 May 26
Egypt: Dana Gas confirms full settlement of overdue receivables from Egypt, with AED 73 million ($20m) payment received
Dana Gas, the Middle East’s largest regional private sector natural gas company, announced it has received an additional payment of $20 million from Egypt, with all overdue receivables now fully settled.
