Latest News
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16 Jul 26
UK: OEG approved to deliver Wind Turbine Safety Rules training under Energy Institute agreement
Leading global energy solutions company, OEG, has become an approved WTSR training provider through an agreement with the Energy Institute (EI) to deliver Wind Turbine Safety Rules (WTSR) training at its dedicated facility in Bootle, Merseyside (UK). -
16 Jul 26
Netherlands: DNV supports technical due diligence for EV charging infrastructure transaction in the Netherlands
DNV has completed technical due diligence (TDD) for asset management companies Aberdeen Investments and DigitalBridge in relation to the acquisition of Equans Infra & Mobility B.V., an established electric vehicle (EV) charging infrastructure business in the Netherlands. -
16 Jul 26
Getech secures new Globe Contract with European Energy Super-Major
Getech, a leading locator of subsurface resources, has signed a multi-year agreement with a European-headquartered oil and gas super-major for access to its industry-leading Globe platform. The new contract has a total value of $660k to be recognised over three years as annual recurring revenue. -
16 Jul 26
UK: CB&I to complete Kittiwake journey with Life of Field Contract Award
CB&I’s Asset Solutions business (formerly part of Petrofac) has secured a further contract with EnQuest to continue managing the Kittiwake asset in the UK North Sea as Duty Holder through to cessation of production (COP) and decommissioning. -
16 Jul 26
UK: Government publishes full details of post-EPL North Sea tax regime
The UK Government has published the draft legislation for its new permanent fiscal regime for the North Sea, confirming the structure of the Oil and Gas Revenue Levy (OGRL) that will replace the Energy Profits Levy (EPL) when it ends. -
16 Jul 26
bp to sell majority of bp Ventures portfolio
bp has reached an agreement with Verdane to divest bp Ventures’ minority interests in more than 10 companies in its portfolio, subject to regulatory and contractual approvals. bp will retain interests in a small number of investments where the technology has the potential to create value for its businesses. -
16 Jul 26
Pharos Energy announces Trading and Operations Update
Pharos Energy, an independent energy company with assets in Vietnam and Egypt, has provided a Trading and Operations Update ahead of the Company's Interim Results on 23 September 2026. -
16 Jul 26
UK: Orcadian commences the Assessment Phase for the development of the Earlham and Orwell gas fields in the UK North Sea
AIM-listed Orcadian has commenced the Assessment Phase for the development of the Earlham and Orwell gas fields on its 100% owned licence, P2680. The Company's preferred development concept is an offshore power station with integrated carbon capture, fuelled by Earlham and Orwell gas, and generating low-carbon power for a co-located offshore data centre, as the first phase of an islanded, low-carbon, offshore grid (the 'Earlham Gigagrid'). -
16 Jul 26
UK: Cross-industry coalition urges Labour MPs to back North Sea
A cross-industry coalition of business leaders, trade unions and trade bodies has urged Labour MPs to prioritise homegrown oil and gas over imports, warning that the UK's economic future depends on maintaining domestic energy production alongside investment in renewables. -
16 Jul 26
Saudi Arabia: Aramco awards Halliburton long-term contract for unconventional gas program
Aramco has awarded Halliburton a multi-year contract to deliver integrated stimulation and completion services for unconventional gas development in the Kingdom of Saudi Arabia. This award is part of a broader multi-billion contract, supporting one of the largest unconventional gas development programs globally. -
16 Jul 26
Aker Solutions announces second-quarter and half-year results 2026
Aker Solutions delivered solid financial performance in the second quarter and the first half of 2026. Several key project milestones were met during the quarter. Aker Solutions now expects 2026 revenue to be between NOK 50 and 55 billion with EBITDA margins of around 7.5 percent excluding net profit from SLB OneSubsea. -
16 Jul 26
UK: Entr and Unitech Power Systems to support Scotland’s Bellrock Offshore Wind Farm
Aker Solutions’ consultancy arm, Entr and its wholly owned subsidiary Unitech Power Systems have been awarded a contract by Nadara, one of Europe’s largest renewable-energy independent power producers. The contract is for electrical infrastructure studies for the proposed 1.8 GW Bellrock Offshore Wind Farm, 120km off the coast of Aberdeenshire, Scotland. -
15 Jul 26
Norway: Aker BP announces second quarter 2026 results
Aker BP advanced its strategic growth agenda in the second quarter, combining strong operational delivery with continued maturation of new resources and important milestones across its major development projects. -
15 Jul 26
UK: AF Gruppen awarded new EPRD contract in the North Sea
AF Gruppen has, through its subsidiary AF Offshore Decom and in a consortium with Heerema Marine Contractors (HMC), been awarded a contract for the engineering, preparation, removal & disposal (EPRD) of a North Sea platform on the UK Continental Shelf. This marks the second contract awarded to the consortium within a short timeframe. -
15 Jul 26
UK: DeepOcean completes subsea removals at Spirit Energy’s Seven Seas and Grove West fields
Global ocean services provider DeepOcean has successfully completed the recovery of the remaining subsea wellhead protection structure at the Spirit Energy-operated Seven Seas field, as well as the disconnection of subsea infrastructure at the operator’s nearby Grove West field in the southern North Sea, using proprietary tooling developed in-house for decommissioning.
