Latest News
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24 Jan 26
Canada: Hanwha Ocean advances Newfoundland LNG project as part of broader CPSP-linked industrial partnership in Canada
Hanwha Ocean has signed a strategic Memorandum of Understanding (MOU) with Fermeuse Energy to jointly advance the Newfoundland and Labrador LNG development project in Canada. -
24 Jan 26
Bulgaria: State-owned Bulgarian Energy Holding enters the Han Asparuh exploration joint venture
The Bulgarian State, through Bulgarian Energy Holding (BEH), has entered the Han Asparuh offshore exploration joint venture in the Bulgarian Black Sea, with a 10% interest. -
24 Jan 26
Namibia: Pancontinental Energy provides update in relation to its PEL 87 project, offshore Namibia
The Company reports that it has, as yet, received no notification from the the Namibian Ministry of Industry, Mines and Energy (MIME) to its application for a 12 month extension to the PEL 87 First Renewal Exploration Period. -
24 Jan 26
SLB announces Q4 and full-year 2025 results
SLB has announced results for the fourth-quarter and full-year 2025. Fourth-quarter revenue of $9.75 billion increased 9% sequentially and 5% year on year. Full-year revenue of $35.71 billion decreased 2% year on year. -
23 Jan 26
Tunisia: Scatec awarded 25-year PPA for 120 MW solar power plant in Tunisia
Scatec, a leading renewable energy solutions provider, has been awarded a 25-year Power Purchase Agreement (PPA) with Tunisian state utility Société Tunisienne de l'Electricité et du Gaz (STEG) for a 120 MW solar power plant (Tataouine) in Tunisia. -
23 Jan 26
Tunisia: Scatec awarded 25-year PPA for 75 MW onshore wind farm in Tunisia
Scatec, a leading renewable energy solutions provider, has been awarded a 25-year Power Purchase Agreement (PPA) with Tunisian state utility Société Tunisienne de l'Electricité et du Gaz (STEG) for a 75 MW wind power plant (El Fahs) in Tunisia. -
23 Jan 26
Sweden: RWE and Aneo sign transaction agreement for the sale of RWE’s Swedish wind activities
RWE and Aneo, a Nordic renewables player, have signed a transaction agreement concerning RWE’s Swedish wind activities, including onshore assets and development pipeline. -
23 Jan 26
UK: Wind power from RWE powers Global Switch’s London data centre
RWE has signed an eight-year power purchase agreement (PPA) with Global Switch, a pioneering owner, operator and developer of data centres in Europe and Asia-Pacific. Under the terms of the agreement, Global Switch will source electricity produced from RWE’s Brechfa Forest West onshore wind farm to power its data centre in the heart of London’s Docklands. -
23 Jan 26
UK: OnPath Energy concludes sale on seven English onshore wind farms
OnPath Energy is moving into the next stage of its growth strategy after completing the sale of seven English onshore wind farms. Executing its plan to invest proceeds from the transaction back into its development pipeline, OnPath has sold the project portfolio to ERG, one of Europe’s leading independent renewable energy producers, for an enterprise value of £112.9m -
23 Jan 26
Upland Resources receives US$100m Strategic Funding Commitment to support Southeast Asia growth (2026-2030)
Upland Resources has received a US$100m Strategic Funding Commitment from Wild Mustang Midstream LLC a subsidiary of Lost Soldier Oil and Gas II Master Series LLC to support Upland's upstream oil and gas activities across its targeted Southeast Asian portfolio during the period 2026 to 2030. -
23 Jan 26
Nigeria: TGS commences Onshore Nigeria MegaSurvey to support regional exploration
TGS has announced the commencement of the Nigeria Onshore MegaSurvey, a new regional-scale seismic project covering 28,000 sq kms across the Onshore Niger Delta. -
23 Jan 26
Hungary: Iberdrola completes the sale of its business in Hungary for €171 million
Iberdrola has completed the sale of its business in Hungary. The company has sold 100% of the shares in Iberdrola Renovables Magyarország KFT, the owner of its business in Hungary, to a consortium formed by Premier Energy – which already acquired the company’s assets in Romania in 2024 – and a subsidiary of the Hungarian group iG TECH Capital. -
23 Jan 26
Brazil: Petrobras expands its presence in the international market with the sale of bunker fuel containing renewable content
Petrobras has entered into an agreement to supply bunker fuel with renewable content (VLS B24) to the Norwegian company Odfjell, one of the world’s largest shipowners in the transportation of chemicals and liquid bulk cargo. -
23 Jan 26
UK: DNV supports Ørsted as technical advisor to support divestment of stake of the Hornsea 3 offshore wind farm
DNV has successfully completed Vendors’ Technical Due Diligence on Ørsted’s Hornsea 3. The Hornsea 3 offshore wind farm, located 160 km off the Yorkshire coast and 120 km off the Norfolk coast, will feature 197 Siemens Gamesa SG DD-236 wind turbines and shall be the world’s single largest offshore wind farm when construction is completed. -
22 Jan 26
Egypt: Viridien and SLB announce agreement with EGAS for large multi-client OBN program over Eastern Mediterranean Offshore
Viridien and SLB have entered into an agreement with the Egyptian Natural Gas Holding Company (EGAS) to launch a massive multi-client ocean bottom node (OBN) seismic acquisition and imaging program in Egypt’s Eastern Mediterranean offshore. -
22 Jan 26
UAE: McDermott awarded EPCI contract for Al Nasr field development project
McDermott has been awarded a major contract by ADNOC for engineering, procurement, construction and installation (EPCI) services for the Nasr-115 Expansion Project, located approx. 130 kms northwest of Abu Dhabi in the United Arab Emirates (UAE). -
22 Jan 26
UK: National Grid submits planning applications for vital electricity network upgrade in North Wales to connect cleaner energy to homes and businesses
Following submission in early December of three planning applications to Gwynedd Council and an application to Eryri National Park Authority on proposals to reinforce and refurbish the existing electricity network between Pentir and Trawsfynydd in North Wales, National Grid has received confirmation that all applications have now been validated by the respective Local Planning Authorities. -
22 Jan 26
BW Catcher obtains the ABATE notation from DNV
BW Catcher has obtained the ABATE notation from DNV, confirming that the FPSO meets the requirements for a structured and independently verified system for managing and reducing emissions. BW Catcher is one of the first FPSOs operating in the North Sea to receive this notation. -
22 Jan 26
Indonesia: Elnusa accelerates onshore exploration in Indonesia with strategic investment in next-generation Nodal Seismic Technology
PT Elnusa Tbk (Elnusa), Indonesia’s leading integrated energy services company, continues to reinforce its technology and innovation edge by investing in next-generation nodal seismic systems to accelerate onshore exploration activities across the country.
