Latest News
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11 Nov 25
Norway: Equinor drills dry well in the North Sea - 34/6-9 S
Equinor and its partners have drilled a dry well in the Snorre area in the North Sea. Wildcat well 34/6-9 S ('Avbitertang') was drilled in production licence PL 554, 35 kms northeast of the Snorre field. -
11 Nov 25
Sweden: Vattenfall and Industrikraft sign agreement for new nuclear power in Sweden
Vattenfall and the industrial consortium Industrikraft have signed an agreement for joint investment and collaboration that enables the next step in the development of new nuclear power in Sweden. -
11 Nov 25
Spain: Nordex Group wins new order from SSE for two projects totalling 42 MW in Spain
The Nordex Group has secured a new order from its long-standing customer SSE for the supply and installation of seven N163 wind turbines in two wind farms, located near Portalrubio, Teruel, in the Aragón region of Spain. -
11 Nov 25
VAALCO Energy announces Q3 2025 results
VAALCO Energy has reported operational and financial results for the third quarter of 2025. Reported net income of $1.1 million ($0.01 per diluted share), Adjusted Net Loss of $10.3 million ($(0.10) per diluted share) and Adjusted EBITDAX of $23.7 million. -
11 Nov 25
Malaysia: PETRONAS and Putrajaya Holdings ink agreement to develop PETRONAS Geoscience Technology Centre
PETRONAS, through Malaysia Petroleum Management (MPM), has formalised an agreement with Gilang Cendana Sdn Bhd (GCSB), a subsidiary of Putrajaya Holdings Sdn Bhd (PjH) to develop the PETRONAS Geoscience Technology Centre (PGTC). -
11 Nov 25
Venture Global announces long-term Sales and Purchase Agreement with Naturgy of Spain
Venture Global and Naturgy have announced the execution of a new long-term Sales and Purchase Agreement (SPA) for the purchase of 1 million tonnes per annum (MTPA) of liquefied natural gas (LNG) from Venture Global for twenty years beginning in 2030. -
11 Nov 25
Canada: Delivering Canada’s largest Indigenous-owned solar project
Worley Canada Construction, in partnership with George Gordon Developments Limited (GGDL) and Wicehtowak Solar Inc., is delivering Canada’s largest Indigenous-owned solar project. -
10 Nov 25
US: Glenfarne, Baker Hughes announce definitive agreements to advance Alaska LNG
Alaska LNG, majority owned and developed by Glenfarne Alaska LNG and Baker Hughes, an energy technology company, have announced a strategic alliance to advance the Alaska LNG Project. -
10 Nov 25
US: BOEM advances first two OBBBA offshore lease sales
BOEM released the Final Notice of Sale for Lease Sale Big Beautiful Gulf 1 (BBG1), the first of 30 Gulf of America lease sales required by the One Big Beautiful Bill Act (Public Law No: 119-21), and the Proposed Notice of Sale for Big Beautiful Cook Inlet 1 (BBC1), the first of six lease sales in Alaska’s Cook Inlet required by the One Big Beautiful Bill Act. -
10 Nov 25
Norway: Ocean Installer awarded a large contract by Vår Energi for the Balder Next development
Ocean Installer has been awarded the project management, engineering, flexible pipelines and risers product supply contract for the Balder Next development. -
10 Nov 25
Occidental announces Q3 2025 results
Occidental has announced net income attributable to common stockholders of $661 million and adjusted income attributable to common stockholders of $649 million for the third quarter of 2025. Total company average production exceeded the high end of guidance with 1,465 Mboed. -
10 Nov 25
UK: Serica Energy announces update on proposed acquisition of UK North Sea assets from BP
Following the announcement on 13 October 2025 that it had signed an agreement to acquire the entirety of BP’s stake in the P111 and P2544 licences, Serica announces that one of the licence partners, NEO NEXT, has decided to take up its rights of pre-emption. -
10 Nov 25
France: RWE secures two more onshore wind projects at French regulation latest bidding round
RWE has successfully secured two of the 42 projects in the latest bidding round. Fully owned by RWE, the two projects have a total capacity of 21.6 MW. The Balinot wind project reinforces RWE’s regional presence in the Oise department, and the Langonnet project contributes to its development in Brittany. -
10 Nov 25
EBRD invests US $40 million in Infinity to accelerate renewable energy growth across Africa
EBRD invests an additional US$ 40 million in Infinity, increasing its total commitment to US$ 141.5 million Funding will support development of 3 GW of renewable energy projects across Africa through Infinity’s subsidiary, Infinity Power. -
10 Nov 25
Eni celebrates thirty years of listing on the New York Stock Exchange
Eni has celebrated the thirtieth anniversary of its listing in the US market at the New York Stock Exchange (NYSE), attended by the Chief Executive Officer Claudio Descalzi and Eni's top management. -
10 Nov 25
Brazil: Petrobras and Amazônica Energy sign first contract for small-scale LNG commercialization from the Urucu field
Petrobras and Amazônica Energy have signed the first contract for the sale of natural gas from the Urucu Cluster for the small-scale commercialization of liquefied natural gas (LNG). The agreement inaugurates a new stage in the monetization of reserves in the Solimões Sedimentary Basin and marks an advance for the natural gas market in the state of Amazonas. -
10 Nov 25
Malaysia: Groundbreaking ceremony of the new biorefinery by PETRONAS, Enilive and Euglena in Pengerang, Johor, Malaysia
Pengerang Biorefinery, a joint venture between PETRONAS, Enilive and Euglena, marked a key milestone with the groundbreaking ceremony for the development of the new biorefinery in Pengerang, Johor, Malaysia. -
10 Nov 25
UK: Giant leap forward for North Sea data sharing
From wrecks on the seabed to the movements of sharks, and the locations of wells to where carbon can be stored, the new UKCS data portals site has all the info you need. A new data portal signposting page, set up by eight organisations dedicated to sharing offshore information, is a one-stop shop providing easy access to North Sea facts and figures.
