Latest News
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19 Jan 26
TGS launches Multi-Client PSDM Reprocessing Project in Australia
TGS has announced the launch of the Bonaparte Basin PSDM Reprocessing Project, a new multi-client initiative designed to enhance subsurface imaging and geological understanding offshore Australia. The project includes the reprocessing of the Cygnus 3D, Cartier 3D, Grand Ashmore 2D and Vulcan 2D data sets. -
19 Jan 26
Norway: Equinor and partners announce oil discovery in the Norwegian Sea (6507/8-12 S)
Equinor and its partners have proven oil in wildcat well 6507/8-12 S in production licence 124 B. The well tested the 'Othello South' prospect, 4 kms north of the Heidrun field. The licensees will assess the discovery with a view toward further developing the northern part of the Heidrun field. -
19 Jan 26
Norway: Lime Petroleum's Norway portfolio making good progress
Lime Petroleum has provided an update on the portfolio of its subsidiary Lime Petroleum in Norway. Lime and its partners in the Yme Field have been offered participating interests in a North Sea licence, PL1279, in the 2025 Awards in Predefined Areas ('APA 2025') round in Norway. The licence contains the Vette discovery, which the licence partnership is looking to develop with the Yme Inspirer. -
19 Jan 26
Samos Energy Group to acquire the Suksan Salamander FSO from Altera Infrastructure
Samos Energy, the global energy investor, is pleased to announce the execution of a Ship Sale Agreement for the acquisition of the Suksan Salamander Floating Storage and Offloading (FSO) unit from Altera Infrastructure Group (“Altera'). The Suksan Salamander FSO is currently deployed on the Bualuang oil field offshore Thailand, operated by Medco Energi Thailand. -
19 Jan 26
VERBUND Green Power and Nordex Group sign multi-year framework agreement for supply of wind turbines totalling 700 MW
VERBUND Green Power, the international renewable energy subsidiary of Austria’s leading energy company VERBUND, has entered into a multi-year framework agreement with the Nordex Group, a leading global manufacturer of onshore wind turbines, for the potential procurement of up to 700 MW capacity in wind turbines. -
19 Jan 26
Vietnam: Fugro and PTSC G&S extend partnership to provide marine site characterisation services in support of Vietnam’s growing offshore wind industry
Fugro has extended its MOU with PTSC Geos and Subsea Services (PTSC G&S), a branch of Petrovietnam Technical Services Corporation to meet Vietnam’s rising demand for geophysical, geotechnical and metocean data services. -
19 Jan 26
Philippines makes major gas discovery at Malampaya East, first in over a decade
President Ferdinand R. Marcos Jr. on Monday announced the discovery of a major natural gas field at the Malampaya East 1 (MAE-1) reservoir, the first in over a decade, which is expected to significantly boost the country’s energy supply and strengthen long-term energy security. -
19 Jan 26
UK: OEUK says government must go further and faster to protect UK industrial capability
Offshore Energies UK (OEUK) has responded to the UK Government’s official reply to the Scottish Affairs Committee report on North Sea jobs and the energy future. -
19 Jan 26
UK: JERA Nex bp acquires EnBW’s stake in Mona Offshore Wind Farm, signs lease agreement with The Crown Estate
JERA Nex bp is acquiring EnBW’s stake in the Mona Offshore Wind Farm and has signed a lease agreement with The Crown Estate for the project, marking an important milestone for the company and for the UK’s offshore wind ambitions. -
19 Jan 26
Georgia: Block Energy completes Project IV (XIQ) farm-out
AIM-listed Block Energy, the development and production company focused on Georgia, has announced that the Government of Georgia has approved the farm-out of licence XIQ (Project IV) to Aspect Georgia, a US-based subsidiary of the Aspect Energy group. -
19 Jan 26
Jamaica: United Oil & Gas announces mobilisation of survey vessel for Jamaica offshore programme
AIM-listed United Oil & Gas, the oil and gas company with a high impact exploration asset in Jamaica, has announced that the R/V Gyre, operated by TDI Brooks International, mobilised from Trinidad on Saturday 17 January 2026 and is now en-route to Jamaica to undertake the planned offshore surface geochemical exploration survey on the Walton Morant Licence. -
19 Jan 26
Italy/Spain: Prospex Energy completes Convertible Loan Notes Fundraise
AIM-listed Prospex Energy has announced that it is now in receipt of committed subscriptions totalling £1,346,050 for the offering of its unsecured Convertible Loan Notes. Proceeds from the Loan Notes have already funded the Company's 37% share of the 3D-seismic acquisition programme at the Selva Malvezzi production concession in Italy. -
19 Jan 26
Tanzania: Helium One Global provides update on Southern Rukwa Helium Project
AIM-listed Helium One Global, the primary helium explorer in Tanzania with a 50% working interest in the Galactica-Pegasus helium development project in Colorado, USA, has provided an update on the Company's southern Rukwa Helium Project. -
19 Jan 26
US: Ammobia raises $7.5M to scale low-cost ammonia production technology critical to energy resilience
Shell Ventures, Air Liquide, MOL Switch, and Chevron Technology Ventures back breakthrough poised to deliver 2x cost reduction for global ammonia producers -
19 Jan 26
Soiltech awarded multi-year fluid treatment contract in the Middle East
Soiltech has been awarded a contract by Wellbore Integrity Solutions in Dubai to deliver fluid treatment services. The contract involves the use of Soiltech’s field-proven Swarf Removal System (ST-SRS™) to remove metal residues (swarf) from drilling fluids during offshore milling operations in the Middle East region. -
19 Jan 26
Guyana: DOF Group announces contract award in Guyana
DOF Group has announced a large turn-key contract award with MODEC Guyana Inc. for the provision of mooring pre-lay for the Hammerhead FPSO project offshore Guyana
