Latest News
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24 Jul 26
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24 Jul 26
France: BW Ideol and NGE join forces in the Mediterranean
BW Ideol, a leader in floating offshore wind and designer of the Damping Pool® concrete floating foundation, and NGE, France's 4th largest construction group, have announced the signing of an exclusive partnership agreement covering the Mediterranean floating wind market. -
24 Jul 26
UK: RWE launches pioneering peatland study to unite biodiversity with sustainable power generation
RWE has launched an innovative new peatland research project aimed at improving how peat is managed and restored during renewable energy developments. The initiative reflects RWE's commitment to protecting and enhancing the natural environment. -
24 Jul 26
GTT Marine to equip the PETRONAS-chartered LNG carrier fleet with its integrated suite of digital vessel performance solutions
GTT Marine, a division of the GTT Group, has announced that it will equip the PETRONAS-chartered LNG carrier fleet with its suite of digital solutions. As part of this collaboration, GTT Marine will support PETRONAS in implementing an integrated approach to overall vessel performance, helping to enhance operational efficiency, control costs and reduce emissions. -
24 Jul 26
UK: Consenting application opens the door to more than £4bn strategic transmission investment
SP Energy Networks has submitted a Section 37 consent application to Scottish Ministers for proposals to make significant upgrades to the electricity transmission between Denny in Stirlingshire and Wishaw in Lanarkshire. The project is part of a wider programme of upgrades to the electricity network across the UK and is essential in moving renewable electricity around the country, from where it is generated to where it is needed -
24 Jul 26
Expro completes Enhanced Drilling Acquisition
Energy services provider Expro has completed the acquisition of Enhanced Drilling, a technology leader in managed pressure drilling (MPD), bringing a differentiated capability into its portfolio and marking a significant step in expanding its offering across the well lifecycle. The total consideration was approx. two billion Norwegian kroner in cash. -
24 Jul 26
PNG: ABL awarded FSO installation job in Papua New Guinea
ABL has secured an agreement with Oil Search (PNG), a subsidiary of Santos, as the operator of the PNG Oilfields Projects, to provide services linked to a new floating storage and offloading ('FSO') facility. -
23 Jul 26
Valeura Energy enters into a revolving and expandable credit facility
Valeura Energy has entered into a revolving and expandable credit facility with a syndicate of leading international banks and a global commodities trading house. The Facility is a revolving credit line of up to US$75 million, and includes an uncommitted accordion feature allowing total commitments to be increased by up to a further US$250 million, to US$325 million in aggregate. -
23 Jul 26
Croatia: INA records another success on North Adriatic gas fields
INA has launched a new development drilling campaign in the North Adriatic, marking the start of an investment cycle worth approx. EUR 65 million. The investment covers the construction of a total of five new gas wells. -
23 Jul 26
US: Matador Resources Company announces strategic Delaware Basin acquisitions and successful Woodford exploration well results
Matador Resources Company has announced two of its catalysts for this year. First, a wholly-owned subsidiary of Matador has entered into a definitive agreement to acquire Paloma Permian LLC, a portfolio company of EnCap Investments, and secondly, Matador agreed to acquire primarily undeveloped acreage in what it believes to be the heart of the Woodford play in West Texas and Southeast New Mexico from Ridge Runner Resources. -
23 Jul 26
UK: Comment from David Whitehouse CEO of Offshore Energies UK following a constructive meeting with the new Secretary of State for Energy and Net Zero
David Whitehouse,CEO of Offshore Energies UK, following a constructive meeting with the new Secretary of State for Energy and Net Zero, said that, while they did not agree on everything, they share a common purpose: delivering the energy, jobs and investment the UK needs. -
23 Jul 26
Greenvolt Group strengthens revolving financing facility to €472.5 million focused on its next phase of growth
Greenvolt Group, one of the leading players in the renewable energy sector, with a 12.8 GW pipeline comprising 5 GW of energy storage, 4.9 GW of solar and 2.9 GW of wind across 20 countries, has increased the amount of a revolving financing facility from €315 million to €472.5 million, as part of an overall €400 million financing transaction originally contracted in 2024. -
23 Jul 26
CHINT and Octopus Energy sign strategic Cooperation Agreements to accelerate clean energy deployment and digital energy innovation
CHINT and Octopus Energy announced the signing of two Memoranda of Cooperation (MoCs), establishing a strategic framework to expand collaboration in renewable energy infrastructure and Virtual Power Plant (VPP) solutions. -
23 Jul 26
UK: Fahnbulleh due in Aberdeen as previous criticism of Rosebank emerges
New Energy Secretary Miatta Fahnbulleh is expected in Aberdeen today where she will face renewed calls to back domestic oil and gas production ahead of decisions on the Rosebank and Jackdaw developments.
