Latest News
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02 Oct 25
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02 Oct 25
US: DOF Group announces several project awards in the North America region
DOF Group has announced everal project awards in the North America region. The awards will utilise vessels already in the region, securing more than 300 days of firm vessel utilisation for a combined contract value of more than USD 60 million, with further options available. -
02 Oct 25
UK: Tories vow to rip-up laws on net zero
The Conservatives have pledged to scrap the UK’s landmark Climate Change Act and replace it with what they call a strategy for 'cheap and reliable' energy. The 2008 legislation, introduced by Labour and strengthened under Theresa May, committed the UK to legally binding emissions cuts, later updated to a net zero target by 2050. -
02 Oct 25
Berkshire Hathaway to acquire OxyChem
Berkshire Hathaway and Occidental have announced a definitive agreement for Berkshire Hathaway to acquire Occidental’s chemical business, OxyChem, in an all-cash transaction for $9.7 billion. OxyChem is a global manufacturer of commodity chemicals vital to quality of life. -
02 Oct 25
Bulgaria: OMV Petrom completes the acquisition of a 50% stake in one of the largest solar projects in Bulgaria
OMV Petrom, the largest integrated energy company in South-Eastern Europe, has completed the acquisition of the 50% interest in the Gabare photovoltaic project, developed by Enery in Bulgaria. -
02 Oct 25
Australia: EnerMech secures major subsea pre-commissioning contract for Australian offshore development
EnerMech has been awarded a significant contract to deliver pre-commissioning and specialist services for a major offshore gas development located in the East Browse Basin, off the northwest coast of Australia. -
02 Oct 25
Canada: Nordex Group launches N175/6.X wind turbine in Canada
In order to deliver higher energy yields in challenging low-temperature environments typical for North American wind sites, the Nordex Group is now offering the N175/6.X in Canada. -
02 Oct 25
Norway: Harbour Energy Norge granted drilling permit for well 35/8-8 S in PL 248 LS and 248 B
The Norwegian Offshore Directorate has granted Harbour Energy Norge a drilling permit for well 35/8-8 S in production licence PL 248 LS and 248 B. -
02 Oct 25
Italy: Vestas announces three orders in Italy for a total of 94 MW
Vestas has announced three orders in Italy for a total of 94 MW as part of its third-quarter intake. Turbine delivery and commissioning are planned for H2 2026. -
02 Oct 25
US/Brazil: Transocean announces $243 million in exercised options for Ultra-Deepwater Drillships
Transocean has announced contract fixtures for two of its ultra-deepwater drillships. In aggregate, the fixtures represent approx. $243 million in firm contract backlog. -
02 Oct 25
UK: UK Oil & Gas announces successful funding for UKEn Hydrogen projects
AIM-listed UK Oil & Gas has successfully raised gross proceeds of £3 million by means of a placing of new Ordinary Shares. Funds will be used towards the Company's transition away from the petroleum sector into clean power, emphasising that its South Dorset and Yorkshire salt-cavern hydrogen storage and generation projects will constitute the Company's future core focus. -
02 Oct 25
Nordex Group receives Type Certificate for the N175/6.X turbine ahead of time
The Nordex Group has received the internationally recognized Type Certificate according to IECRE for the N175/6.X turbine from TÜV SÜD three months ahead of schedule. -
02 Oct 25
Turkey: Nordex Group secures an order for 90 MW in Türkiye
Nordex Group has secured a new order in Türkiye with new customer ADY Akdeniz Rüzgar Enerjisi Üretim A.S., for the R24-Gürün wind energy project located north of the Gürün district in Sivas. -
02 Oct 25
UK: UKOG subsiduary UK Energy Storage signs MOU with National Gas
UK Oil & Gas (UKOG) has announced that its wholly-owned subsidiary UK Energy Storage ('UKEn') has executed an MOU with National Gas Transmission, the nation's principal gas pipeline operator, transporting gas to power stations, industries and 24 million homes. -
02 Oct 25
UK: Setec invests with Offshore Solutions Group to develop a pioneering technology for storing offshore wind turbine floats at sea
setec has announced its acquisition of a stake in FLOW Park Investment Limited (FPIL), a subsidiary of Offshore Solutions Group (OSG), a Scottish consulting and engineering company specialising in the wind energy industry. -
02 Oct 25
Namibia: Rhino announces Volans-1X probe as high liquid-yield gas condensate discovery in excellent quality reservoir
Rhino Resources reports that the Volans-1X exploration well, in Block 2914A, offshore Orange Basin, has uccessfully penetrated the Upper Cretaceous target and encountered 26m of net pay in rich-gas condensate bearing reservoirs.
