Latest News
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30 Jul 25
UK: Prime Minister Keir Starmer underlines importance of domestic oil and gas production
Prime Minister Sir Keir Starmer said today oil and gas will remain part of the UK’s energy mix 'for a long time,' reinforcing the messaging from Offshore Energies UK, the trade body representing a sector that is vital to the UK economy. -
30 Jul 25
Australia/UK: Triangle Energy provides Quarterly Activities and Cashflow Report
Triangle Energy, a Perth based ASX-listed company with operations in the onshore and offshore Perth Basin in Western Australia and UK-focused joint ventures in the UK with Athena Exploration and Orcadian Energy, has provided an update on its UKCS activity. -
30 Jul 25
India: Reliance Industries has entered into a JOA with ONGC and BP for Block GS-OSHP-2022/2
Reliance Industries has entered into a JOA with ONGC and BP for Block GS-OSHP-2022/2. The Block is located off the western coast in the Saurashtra basin. -
30 Jul 25
Thailand: Sapura Energy awarded contracts in Thailand with a combined value exceeding RM500 million
Sapura Energy and its subsidiaries have been awarded two contracts from long-term clients in Thailand, with a combined value exceeding RM500 million. -
30 Jul 25
US: TGS announces completion of the Dawson Phase III 3D seismic survey in the Western Canadian Sedimentary Basin
TGS has announced the completion of the Dawson Phase III 3D multi-client seismic survey in the Western Canadian Sedimentary Basin. This new survey covers 141 sq kms and has been merged with the existing Dawson Phase II 3D to the north and west. -
30 Jul 25
Poland: Ocean Winds selects Siemens Gamesa as the offshore wind turbine supplier for the BC-Wind project in Poland
Ocean Winds, an international company dedicated to offshore wind energy and created as a 50-50 joint venture in 2020 by EDP Renewables and ENGIE, has signed contracts for the supply of wind turbines and a service maintenance agreement for its BC-Wind project. -
30 Jul 25
UK: Neo Energy completes strategic merger with Repsol Resources UK
NEO Energy has announced the completion of its strategic merger with Repsol Resources UK. The combined group has been renamed NEO NEXT Energy and becomes one of the largest producers on the UK Continental Shelf (UKCS). -
30 Jul 25
UAE: KBR awarded Program Management Consultancy services contract by TAQA Transmission
KBR has been awarded a Program Management Consultancy (PMC) services contract by Abu Dhabi Transmission Company PJSC (TAQA Transmission) for Phase 1 of its Nexus Scheme (Power & Water Projects). -
30 Jul 25
Mongolia: Petro Matad announces operational update
Petro Matad, the AIM quoted Mongolian oil company, has provided an operational update. As previously reported, the Company has stepped up its efforts to find partners to join it in Block XX development and Block VII exploration. -
30 Jul 25
UK: Serica Energy provides update on production at Triton FPSO
Serica Energy has announced that, having successfully restarted production operations at the Triton FPSO in July, the ramp up to steady-state production has been slower than the timetable provided by the operator, Dana Petroleum. Production is now expected to reach a stable level in August. -
30 Jul 25
Eco (Atlantic) Oil & Gas announces audited results for the Y/E 31 March 2025 and operational update
Eco (Atlantic) Oil & Gas, the oil and gas exploration company focused on the offshore Atlantic Margins, has announced its audited results for the year ended 31 March 2025. -
30 Jul 25UK: Deadline for offshore award nominations extended
The search continues for the offshore energy industry’s brightest stars as Offshore Energies UK (OEUK) extends the deadline for nominations for its 2025 annual award ceremony, sponsored by Shell. -
30 Jul 25
Baker Hughes to acquire Chart Industries, accelerating energy and industrial technology strategy
Baker Hughes and Chart Industries announced Tuesday they have entered into a definitive agreement under which Baker Hughes will acquire all outstanding shares of Chart’s common stock for $210 per share in cash, equivalent to a total enterprise value of $13.6 billion. -
29 Jul 25
Brazil: National Observatory of Brazil adopts STRYDE seismic systems for pioneering exploration and research
STRYDE, the world’s leading provider of cutting-edge nodal seismic acquisition technology, has announced that the National Observatory of Brazil (Observatório Nacional) has purchased STRYDE’s Mini and Nimble seismic systems to support its geophysical research and exploration activities across Brazil. -
29 Jul 25
Gabon: Tullow completes sale of Gabon assets to the Gabon Oil Company
Tullow Oil has completed the sale of its assets in Gabon to the Gabon Oil Company for a total cash consideration of US$307 million net of tax and customary adjustments. -
29 Jul 25
US: Interior withdraws restrictive special area policies in Alaska’s National Petroleum Reserve to advance energy development
As part of President Trump’s ongoing commitment to fully develop Alaska’s vast energy resources and reinforce American Energy Dominance, the Department of the Interior has announced that the Bureau of Land Management has rescinded three policy documents that sought to expand and intensify restrictions on special area management within the National Petroleum Reserve in Alaska. -
29 Jul 25
Italy: Zenith Energy acquires Ready-to-Build solar energy project
Zenith Energy has acquired a Ready-to-Build solar energy production project located in the region of Puglia in Italy, by way of its Italian subsidiary created for the purpose of managing its new solar energy portfolio, WESOLAR. -
29 Jul 25
Versalis and Acea Ambiente sign an agreement to promote advanced plastic recycling
Versalis, Eni’s chemical company, and Acea Ambiente, a subsidiary of Acea operating in integrated waste management and energy recovery sectors, have entered into a Memorandum of Understanding (MoU) signed by Adriano Alfani, CEO of Versalis, and Gabriele Di Cintio, CEO of Acea Ambiente.
