Latest News
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10 Aug 25
Taiwan: SRE inks Taiwan’s longest SOV contract with DFO
Synera Renewable Energy Group has announced the awarding of a 15-year service contract to Dong Fang Offshore (DFO), for the provision of a service operations vessel (SOV) to support the operations and maintenance (O&M) of SRE’s fleet of assets starting with its Formosa 4 Offshore Wind Project. -
10 Aug 25
US: Danos acquires Wood's onshore oil and gas labor supply operations in the U.S.
On June 30, 2025, Louisiana-based energy services company Danos finalized the acquisition of John Wood Group’s onshore oil and gas labor supply operations in the U.S. -
10 Aug 25
Romania: OX2 sells 96 MW onshore wind farm in Romania
OX2 has sold a 96 MW onshore wind farm to HELLENiQ Renewables, a wholly owned subsidiary of HELLENiQ ENERGY Holdings. The Ansthall wind farm is located in eastern Romania and will feature 15 Vestas 6.4 turbines. -
10 Aug 25
Guyana: FPSO ONE GUYANA producing and on hire
FPSO ONE GUYANA is the fourth and largest FPSO that SBM Offshore operates in Guyana and builds on the excellent operational performance of FPSOs Liza Destiny, Liza Unity and Prosperity. -
10 Aug 25
MOL Group H1 2025 results: Slowing regional macroeconomic environment impacts performance
MOL Group profit before tax reached USD 236 mn in the second quarter of 2025, down by 56% year-on-year due to lower operating profits but supported by finance gains. Upstream’s performance was influenced by decreasing oil and gas prices, while production remained at high levels. -
10 Aug 25
UK: Energy bills cut for communities helping electrify Britain
People living near pylons to get £2,500 off electricity bills over 10 years, as smart meter plans are unveiled to give consumers better rights and compensation. -
10 Aug 25
US: Interior Department Moves to Cancel Reckless Biden-era Approval of Lava Ridge Wind Project
The US Department of the Interior Secretary Doug Burgum is restoring common sense to American energy policy by reversing the Biden administration’s misguided, last-minute push to approve the Lava Ridge Wind Project, an enormous and unpopular 1,000-megawatt wind facility in southern Idaho, during the final days of the former president’s term. -
10 Aug 25
US: Interior launches overhaul of offshore wind rules to prioritize American energy security
The US Department of the Interior is launching a full review of offshore wind energy regulations to ensure alignment with the Outer Continental Shelf Lands Act and America’s energy priorities under President Donald J. Trump. -
10 Aug 25
Seadrill announces Q2 2025 results
Seadrill has announced its second quarter 2025 results. The Company reported a net loss of $42 million and Adjusted EBITDA of $106 million. -
10 Aug 25
Thailand: Chevron and BCPR announce collaboration on Block G2/65
In 2023, Chevron was awarded the production sharing contract (PSC) for Exploration Block G2/65 in the Gulf of Thailand by the Department of Mineral Fuels, Ministry of Energy. Chevron has transferred 30% of its rights and obligations under the PSC to BCPR, a Bangchak Group affiliate. -
09 Aug 25
Guyana: ExxonMobil Guyana begins production at fourth offshore Guyana project
ExxonMobil Guyana has started production at Yellowtail, the fourth oil development in Guyana’s offshore Stabroek block. Yellowtail’s ONE GUYANA floating production storage and offloading (FPSO) vessel joins the Destiny, Unity, and Prosperity FPSOs, bringing total installed capacity in Guyana to above 900,000 barrels of oil per day. -
09 Aug 25
Mauritius: Qair secures financing for hybrid solar + storage project in Mauritius
Independent renewable energy company Qair announces the closing of a new loan to support the implementation of a hybrid solar photovoltaic and battery energy storage system (BESS) project in Mauritius. This project builds upon Qair’s long-standing presence in the Indian Ocean and its strategic ambition to accelerate the energy transition across Africa. -
09 Aug 25
Indonesia: KBR awarded FEED contract for Abadi Onshore LNG project in Indonesia
KBR has been awarded a contract by INPEX Masela Ltd, to provide front-end engineering design (FEED) for onshore liquefied natural gas facilities for the Abadi LNG project in Indonesia. -
08 Aug 25
UK: Public consultation opens on Yorkshire oil and gas site
Europa Oil and Gas has applied to the Environment Agency for an environmental permit to construct a temporary wellsite to assess gas potential. The operator has an environmental permit for drilling wells and long-term oil and gas production at its site in Burniston, North Yorkshire. It is proposing to construct a temporary wellsite, Cloughton 2, for drilling a test borehole to assess gas potential. -
08 Aug 25
UK: National Grid prepares for two major supergrid transformer deliveries in London
National Grid is set to deliver two supergrid transformers (SGTs) to key substations in central and east London this August, as part of ongoing investment to strengthen and futureproof the capital’s electricity transmission infrastructure. -
08 Aug 25
VAALCO Energy announces Q2 2025 results
VAALCO Energy has reported operational and financial results for the second quarter of 2025. Vaalco reported net income of $8.4 million for Q2 2025 which was up compared with net income of $7.7 million in Q1 2025 and down 70% compared with net income of $28.2 million in Q2 2024. -
08 Aug 25
TGS awarded streamer acquisition contract in the East Mediterranean
TGS, a leading provider of energy data and intelligence, has announced the award of a streamer acquisition contract in the East Mediterranean. Acquisition is scheduled to commence in Q3 this year and the contract has a duration of approx. 30 days. -
08 Aug 25
UK government opens application window for CfD Allocation Round 7
The UK government has officially opened the application window for the latest round of its flagship Contracts for Difference (CfD) scheme, aimed at accelerating the transition to clean energy and strengthening the country’s energy security. The AR7 application window runs from 7 August to 27 August 2025. -
08 Aug 25
Germany: VSB receives permit for repowering of Lehmden Wind Farm
In the municipality of Rastede in Lower Saxony, green energy will continue to be produced at the Lehmden Wind Farm. Project developer VSB, based in Osnabrück, is repowering the existing turbines, increasing total capacity from 3.6 megawatts (MW) to 18 MW under the project name VSB Windpark Liethe-Lehmden. Construction is expected to commence in November 2026. -
08 Aug 25
Germany: MET Group commissions its first solar park in Germany
Swiss-based integrated energy company MET Group has announced the successful commissioning and start of commercial operations of its first solar power plant in Germany. The Kentzlin solar park, located in the state of Mecklenburg-Western Pomerania, is now supplying renewable electricity to the German grid. -
08 Aug 25
AIQ and SLB to advance development and deployment of agentic AI solution across ADNOC’s subsurface operations
Global energy technology company SLB and AIQ, the Abu Dhabi-based AI champion for the energy sector, will closely collaborate to advance AIQ’s continued development and deployment of its ENERGYai agentic AI solution across ADNOC’s subsurface operations. -
07 Aug 25
Germany: PNE sells Sundern-Allendorf wind farm to Encavis
PNE has sold the wind farm project in Sundern-Allendorf, Sauerland, to Hamburg-based Encavis. The wind farm is currently still under construction. It consists of five wind turbines and has a total output of 34 megawatts. -
07 Aug 25
UK: Reabold Resources provides operations update on West Newton PEDL183 and and early monetisation potential through cryptocurrency mining
Reabold Resources has provided an update on West Newton (PEDL183), including initial plans for early monetisation of gas production through a new cryptocurrency mining operation. -
07 Aug 25
APA Corporation announces Q2 2025 financial and operational results
APA reported net income attributable to common stock of $603 million. When adjusted for items that impact the comparability of results, APA’s second-quarter earnings were $313 million. Net cash provided by operating activities was $1.2 billion and adjusted EBITDAX was $1.3 billion.
