Latest News
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01 Aug 25
Trinidad: EnerMech secures cranes contract extension for bp in Trinidad & Tobago
EnerMech has been awarded a two-year contract extension by bp Trinidad & Tobago to continue providing crane operations on the operator’s 12 offshore platforms in the Caribbean country. -
01 Aug 25
BW Energy announces second quarter and first half 2025 results
BW Energy delivered strong operational performance in the first half of 2025, driven by high production uptime, competitive cost levels, and a solid safety record. The Company’s project portfolio continues to advance, with final investment decisions taken on both the Maromba development and the Golfinho Boost project. -
01 Aug 25
US: Department of the Interior curbs preferential treatment for wind energy
In alignment with President Donald J. Trump’s directives, the Department of the Interior is ending special treatment for unreliable energy sources, such as wind. This includes evaluating whether to stop onshore wind development on some federal lands and halting future offshore wind lease sales. The Department will also study how constructing and operating wind turbines might affect migratory bird populations. -
01 Aug 25
Namibia: ReconAfrica provides corporate update and announces that the Kavango West 1X well has started drilling
Reconnaissance Energy Africa has announced that the Kavango West 1X exploration well is currently drilling and provides a corporate update on ongoing operations. -
01 Aug 25
UK: Long term investor Mitsui group acquires The Port of Nigg and fabrication and access companies from Global Energy Group
Global Energy Group (GEG) has reached an agreement on the sale of three of its group companies - including The Port of Nigg - to long term investor, Mitsui & Co. Europe, a subsidiary of Mitsui & Co., together with, Mitsui O.S.K. Lines Ltd (MOL). -
01 Aug 25
Indonesia: MedcoEnergi commences first production from the Terubuk WHP-M Project
MedcoEnergi, through its subsidiary Medco E&P Natuna, has announced the successful first production from the Terubuk Well Head Platform (WHP) M Project in the South Natuna Sea Block B, which began on July 25. This project increases Terubuk's production capacity to 6,600 bopd of oil and 60 mmscfd of gas. -
01 Aug 25
Canada: Uniper and Tourmaline sign long-term natural gas supply agreement
German energy company Uniper and Tourmaline Oil Corp, Canada’s largest producer of natural gas, have finalized an eight-year physical gas agreement for 80,000 Metric Million British Thermal Units (MMBtu) per day beginning in November 2028. -
01 Aug 25
Guyana: Strohm completes the first 13 jumpers for ExxonMobil in Guyana
In a first for both the region and the client, Strohm has completed fabrication of the first 13 water alternating gas injection (WAG) thermoplastic composite pipe (TCP) Jumpers as part of its innovative Jumper on Demand concept, for ExxonMobil’s Yellowtail field offshore Guyana. -
31 Jul 25
Romania: Vestas signs 269 MW order to complete second phase of Romania’s largest wind farm
First Look Solutions S.R.L., a subsidiary of Rezolv Energy, has placed a 269 MW order with Vestas to complete the second phase of Vifor wind farm in Buzau Country, Romania. Once both phases are fully operational, the Vifor project will become the largest wind farm in Romania and one of the largest onshore wind farms in Europe, with a total capacity of 461 MW. -
31 Jul 25
Valaris reports second quarter 2025 results
Valaris has reported second quarter 2025 results. The Company reports Total operating revenues of $615 million, with revenue efficiency of 96%; Net income of $114 million; Adjusted EBITDA of $201 million. -
31 Jul 25
UK: RenewableUK welcomes Scottish Government's decision to grant consent to Berwick Bank offshore wind farm
Commenting on the Scottish Government's decision to grant a consent order for SSE Renewables' Berwick Bank offshore wind farm, which will stand at a capacity of 4.1GW, enough to power more than six million homes each year, RenewableUK's Deputy Chief Executive Jane Cooper said the approval is a pivotal milestone for Britain’s energy transition. With 307 turbines, this will be one of the world’s largest wind farms. -
31 Jul 25
Germany: Orrön Energy announces the sale of a 76 MW solar project in Germany
Orrön Energy has entered into an agreement with Saxovent Renewables to sell a 76 MW solar project in Germany, for a total consideration of MEUR 4.0. The project is located in the northeastern part of Germany, and is being developed as an agrivoltaic (Agri-PV) project, enabling agricultural activities to take place alongside solar power generation. -
31 Jul 25
UK: Renewables now provide over half of the UK’s electricity generation
New statistics published today by the Government confirm that renewable energy accounted for over half of the UK’s total electricity generation for the first time last year, generating a record annual percentage of the country’s electricity in 2024, and outstripping fossil fuels for the fourth time in five years. Onshore and offshore wind generated their highest annual percentages of electricity ever. -
31 Jul 25
UK: Green light for Berwick Bank paves way for world’s largest offshore wind farm
Scottish Government grants consent order for SSE’s Berwick Bank offshore wind farm, after a decade of meticulous development work. Berwick Bank has the potential to inject c.£8 billion of value into the UK economy and create over 9,000 UK jobs. At full capacity, Berwick Bank could generate enough electricity to power more than six million homes annually. -
31 Jul 25
Subsea 7 announces second quarter and half year 2025 results
Subsea 7 has announced results of Subsea7 Group for the second quarter and first half of 2025 which ended 30 June 2025. Second quarter Adjusted EBITDA of $360 million, up 23% on the prior year period, equating to a margin of 21%. -
31 Jul 25
UK: Consultation response on greater transparency on industry compliance under new plans by NSTA
In August 2024 the NSTA launched a consultation on publishing operator names earlier in the sanctions process, as well as publishing decommissioning data, including a comparative table of performance. On 31 July 2025 the NSTA published a statement regarding the NSTA’s general policy approach to the publication of company specific information. -
31 Jul 25
UK: NSTA confirms greater transparency of company specific information
The North Sea Transition Authority (NSTA) has today (31 July) published its policy on the publication of company specific information and summary of responses following the NSTA’s Transparency Consultation which was launched in 2024. -
31 Jul 25
US: BOEM rescinds designated Wind Energy Areas on the Outer Continental Shelf
The Bureau of Ocean Energy Management (BOEM) has announced it is rescinding all designated Wind Energy Areas (WEAs) on the U.S. Outer Continental Shelf (OCS). -
31 Jul 25
Vattenfall and Samuel L. Jackson present Wind Farmed Seaweed Snacks, a delicacy grown at a wind farm
Together with the iconic actor Samuel L. Jackson, Vattenfall is now presenting a sea-farmed delicacy – Wind Farmed Seaweed Snacks, snacks made from seaweed grown at an offshore wind farm. The collaboration aims to show the potential of offshore wind farms to not only generate fossil free electricity but also support food production that can help regenerate the marine environment. -
31 Jul 25
Spain/Italy: Prospex Energy provides Q2-2025 Selva activity report and general operational update
AIM-listed Prospex Energy has provided an update on operations at its three main assets, the Viura gas field in northern Spain, the El Romeral power plant in southern Spain and including an update from the Selva Malvezzi production concession in northern Italy following the publication by Po Valley Energy of its Q2-2025 activity report. -
31 Jul 25
Shell announces Q2 2025 results
Shell has announced its Q1 2025 results. Shell generated robust cash flows reflecting strong operational performance in a less favourable macro environment. The Company continued to deliver on its strategy by enhancing its deep-water portfolio in Nigeria and Brazil, and achieved a key milestone by shipping the first cargo from LNG Canada.
