Latest News
-
17 Aug 26
UK: Market Watch: BP begins discussions with prospective buyers for North Sea business
BP has begun formal discussions with potential buyers for its North Sea assets, with sale documents revealing a £2.5 billion package. The Telegraph reports that, according to analysts at Rystad, the most likely potential buyers are Neo Next+, Adura, and Ithaca Energy. -
17 Aug 26
Germany: DMT selects Sercel Accel nodes for major geothermal survey in Germany
Sercel has announced the sale of 6,000 Accel drop nodes to DMT GmbH & Co. KG for deployment on a major geothermal exploration project in the Munich region, Germany. The Accel nodes will be used as part of a large-scale urban seismic acquisition program aimed at advancing geothermal energy development in the greater Munich area. -
17 Aug 26
Angola: New discovery demonstrates the potential of Chevron's exploration program in Sub-Saharan Africa
Chevron has confirmed an oil and gas condensate discovery at the 105-4X exploration well in Block 0, offshore Angola. The well, drilled in the prolific Lower Congo Basin, encountered an oil and gas condensate column of more than 600 meters (2,000 feet) in the primary Pinda reservoir, with more than 90 meters (300 feet) of net pay in excellent reservoir quality. -
17 Aug 26
Algeria: Eni and SONATRACH expand cooperation to reduce emissions in Algeria
Eni and SONATRACH have signed a new Memorandum of Intent aimed at expanding cooperation between the two companies in the promotion of concrete initiatives for the decarbonisation of the Oil & Gas sector and the reduction of emissions in Algeria, while adopting international best practices. -
17 Aug 26
UK: East Anglia THREE reaches major milestone with 95 foundations installed, advancing ScottishPower Renewables £4 billion JV with Masdar
ScottishPower Renewables and Abu Dhabi Future Energy Company PJSC – Masdar have completed a major construction milestone at the £4 billion East Anglia THREE offshore windfarm, with all 95 foundations now installed off the Suffolk coast. -
17 Aug 26
Japan: JAPEX announces implementation of second exploratory drilling for CCS Project in the Tomakomai Area
Japan Petroleum Exploration (JAPEX) has announced that it began drilling its second exploratory well on August 15 to confirm the existence of formations suitable for CO2 storage within the specified area, to advance the Tomakomai CCS Project. -
17 Aug 26
Brazil: Iberdrola strengthens its commitment to energy efficiency education in Brazil
Neoenergia, a subsidiary of the Iberdrola Group in Brazil, is driving participation by educational institutions in the 2026 edition of the National Energy Efficiency Olympiad (ONEE), an initiative that promotes responsible energy consumption, sustainability and innovation among young people through gamification and educational challenges. -
17 Aug 26
UK: MPs and MSPs urged to ‘follow the facts’ on North Sea future
Aberdeen & Grampian Chamber of Commerce (AGCC) has launched a major new initiative to help reset the national debate about the future of the North Sea, calling on politicians to base one of the UK's most important policy decisions on evidence rather than rhetoric. -
17 Aug 26
Copenhagen Infrastructure Partners’ Growth Markets Fund II closes at USD 3 billion
Copenhagen Infrastructure Partners (CIP) has finalised fundraising for the second vintage of its Growth Markets Fund, GMF II. The fund targets large-scale energy infrastructure projects in 15 select high-growth, middle-income markets across Eastern Europe, Asia, and Latin America. -
17 Aug 26
UK: Milestone for Rosebank as public consultation closes
Adura has welcomed the conclusion of the public consultation period on the Rosebank oil and gas field, a significant regulatory milestone before a formal decision on the £8.7 billion project. -
17 Aug 26
TGS launches Gemini X, a step change in seismic acquisition efficiency, imaging and exploration confidence
TGS, a leading global provider of energy data and intelligence, has announced the launch of Gemini X, the operational combination of its proven Gemini Enhanced Frequency Source and Apparition encoding technology, enabling coordinated multi-source acquisition. -
17 Aug 26
Trinidad: Predator Oil & Gas announces Snowcap-3 rig contract update
Predator Oil & Gas Holdings, the Jersey-based Oil and Gas Company with producing hydrocarbon operations and exploration activity focussed on Trinidad and Morocco, has announced an update on the rig to drill Snowcap-3 in Trinidad. -
17 Aug 26
World's first 16 MW TLP floating wind platform Haiyou Anlan enters official operation
The world's first 16 MW tension-leg platform (TLP) floating wind platform Haiyou Anlan, built by Offshore Oil Engineering Co., Ltd. (COOEC), was officially put into operation on August 6 to supply green electricity directly to offshore oilfields. To date, it is the TLP floating wind platform with the deepest operational water depth, farthest offshore distance and largest single turbine capacity in the world. -
17 Aug 26
Diversified Energy in preliminary discussions concerning a possible acquisition of Birch Resources
Diversified Energy Company notes recent media speculation regarding a potential transaction involving the Company. The Company confirms that it has had preliminary discussions concerning a possible acquisition of Birch Resources.
