Latest News
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13 Nov 25
Norway: Vår Energi confirms oil in appraisal well near the Goliat field in the Barents Sea
Vår Energi's appraisal well 7122/8-4 S confirms the 7122/8-3 S ('Zagato') oil discovery, which was proven in February. The licensees are considering tying the discovery back to existing infrastructure on the Goliat field. -
13 Nov 25
Trinidad: Touchstone Exploration announces Q3 2025 results
Touchstone Exploration reports its financial and operating results for the three and nine months ended September 30, 2025. Third quarter production reflected strong performance from the Central field and the stabilization of existing wells at both Cascadura and Coho, with legacy oil production continuing to underpin low decline rates. -
13 Nov 25
UK: EnergyPathways partners with KBR & Hazer on major Hydrogen Development Engineering Studies
AIM-listed EnergyPathways, the UK energy transition company, has commenced engineering studies with KBR Inc and Hazer Group for its planned hydrogen and graphite production facilities, to be located in Barrow-in-Furness NW of England, as part of the Company's MESH project. -
13 Nov 25
US: Helix Exploration announces Rudyard Project update - rig secured for Rudyard re-entry and coring program
Helix Exploration, the helium exploration and development company with near-term production assets within the 'Montana Helium Fairway', has secured a drilling rig to re-enter the Inez #1 well at its flagship Rudyard Project. -
13 Nov 25
Solstad Maritime announces contract award for CSV Normand Sentinel
Solstad Maritime has announced a contract award with an international subsea contractor for the CSV Normand Sentinel. Solstad Maritime will deliver, with support from Omega Subsea AS, two work class ROVs (WROVs) with full manning, as well as tooling, survey services, and project personnel. -
13 Nov 25
UK: Cross-sector study identifies offshore co-location opportunities and challenges
A major study by the University of Aberdeen has assessed the practicalities of co-locating offshore wind, carbon capture and storage (CCS) and oil and gas projects in UK waters. -
13 Nov 25
Norway: New technology is profitable when shutting down wells
There will be about 2900 wellbores on the Norwegian continental shelf (NCS) in the years to come, but development and implementation of new technology can save the industry and society considerable costs. -
13 Nov 25
Prosafe SE announces third-quarter results 2025
Prosafe SE reported EBITDA of USD 11.3 million (USD 5.0 million) for the third quarter of 2025. All the company’s five vessels generated revenue in the quarter, with four units active during the full period and the Safe Boreas receiving standby-rate in September. -
13 Nov 25
UK: North Wales to pioneer UK’s first small modular reactors
A generation of young people on Anglesey / Ynys Môn and across North Wales are set to benefit from thousands of new jobs and billions of pounds in investment over the next decade, as the Prime Minister confirms that Wylfa has been selected to host the UK’s first small modular reactor nuclear power plant. -
12 Nov 25
Brazil: Petrobras' P-79 platform leaves South Korean shipyard bound for Brazil
The P-79 floating production, storage and offloading (FPSO) vessel left the Hanwha Ocean shipyard in Geoje-Si, South Korea, November 11th, bound for the Búzios field in the pre-salt layer of the Santos Basin. -
12 Nov 25
UK: A million reasons to celebrate community climate action
Now in its seventh year of grantmaking, the Vattenfall Unlock our Future Fund has reached two significant milestones with over 100 awards made and over a million pounds in grants distributed. The fund supports climate-smart community projects in Aberdeen and Aberdeenshire. Over the last seven years 110 awards have been made totalling a huge £1,029,803. -
12 Nov 25
Australia: Central Petroleum to sell sub-salt exploration permits
Central Petroleum has entered into a conditional sale and purchase agreement to sell its interests in the three Northern Territory sub-salt exploration permits - EP82, EP112 and EP125 - to Georgina Energy in consideration for a 25% equity interest in Georgina. -
12 Nov 25
UK: OEUK responds to Scottish Parliament debate on Rosebank
Offshore Energies UK (OEUK), the leading representative body for the UK’s offshore energy sector, has responded after MSPs voted on the future of the Rosebank project at Holyrood. MSPs backed a Scottish Government amendment from Business Minister Richard Lochhead that removed the Scottish Greens’ call to oppose the development. -
12 Nov 25
Equinor and Captura validate Direct Ocean Capture for commercial deployment
In a major step toward the commercialization of Direct Ocean Capture (DOC) technology, Equinor and Captura have successfully completed a joint technology qualification program, validating Captura’s DOC system for commercial deployment. -
12 Nov 25
Malaysia: JOGMEC signs Joint Study Agreement with PETROS for onshore oil and gas exploration in Sarawak
JOGMEC has signed a Joint Study Agreement (JSA) with Petroleum Sarawak Berhad (PETROS), the state-owned oil and gas company of Sarawak, Malaysia. The agreement, outlines a plan to jointly conduct geological and geophysical surveys onshore Sarawak. -
12 Nov 25
Namibia: ReconAfrica provides drilling update at Kavango West 1X well
Reconnaissance Energy Africa has provided a drilling update on the Kavango West 1X exploration well, onshore Namibia. The depth has been extended beyond the original TD due to indications of hydrocarbons while drilling. -
12 Nov 25
Brazil: Equinor transfers operatorship of Peregrino to PRIO
Equinor has closed the sale of a 40% operated interest in the Peregrino field in Brazil to PRIO. Following this transaction, PRIO assumes full operatorship of the field. Equinor has received a total payment of USD 2.33 billion for its 40% operated interest. -
12 Nov 25
Germany: Nordex Group receives orders from DenkerWulf for 123 MW in Germany
The Nordex Group has once again received three orders from DenkerWulf, one of Germany’s leading onshore wind farm developers, for a total of 25 wind turbines with a combined capacity of 122.7 megawatts. -
12 Nov 25
US: TGS and Viridien announce early out results from Laconia Phase III ultra-long offset OBN survey
TGS, a global leader in energy data and intelligence, in collaboration with joint venture partner Viridien, an advanced technology, digital and earth data company, has announced the availability of early out results from the Laconia Phase III ultra-long offset ocean bottom node (OBN) survey in the Gulf of America.
