Latest News
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01 Sep 26
Thailand: Valeura Energy to accelerate Wassana field redevelopment offshore Thailand
Valeura Energy has announced that it intends to accelerate its Wassana field redevelopment project on block G10/48 (100% operated interest) in the offshore Gulf of Thailand. In 2025, Valeura took a final investment decision to redevelop its Wassana field by deploying a new-build CPP (central processing platform) with the objective of commercialising more oil volumes than would be possible with the existing production facility. -
01 Sep 26
Uruguay: Eni strengthens and expands its presence in Uruguay’s offshore sector
Eni has signed, together with MIWEN (a wholly owned subsidiary of YPF) and the Uruguayan National Oil Company ANCAP, the official agreement for the entry in the OFF-5 exploration block offshore Uruguay, following approval by the Uruguayan authorities. -
01 Sep 26
UK: Chamber demands assurances over reports of fresh North Sea tax raid
Aberdeen & Grampian Chamber of Commerce is seeking urgent assurances from the Chancellor following reports that the UK Government is considering another tax raid on the North Sea. The intervention follows a report in The Independent yesterday suggesting John Healey is considering further increasing or extending the windfall tax on oil and gas companies already crippled by a headline 78% tax rate. -
01 Sep 26
Helix Shareholders approve combination with Hornbeck Offshore Services
Helix Energy Solutions Group and Hornbeck Offshore Services, Inc. have announced that Helix’s shareholders have approved the proposals necessary to complete the previously announced all-stock combination of Helix and Hornbeck. -
01 Sep 26
UK: Offshore champions unveiled as award finalists announced
The finalists for the 2026 OEUK Awards have been revealed, recognising the people and companies helping to deliver secure, homegrown energy for the UK. -
01 Sep 26
Europe on track for record wind year – imminent policy choices will make or break this momentum
Europe is on track for a record wind year. It installed 8.8 GW of new wind power capacity in the first half of 2026, a 30% increase on the first half of 2025. That’s good news for Europe’s energy security and competitiveness. But structural problems persist. Policy choices on permitting, grids, and electrification will determine whether the wind ramp-up will continue. -
01 Sep 26
Angola: Chariot increasing economic exposure to oil-producing assets offshore Angola
AIM-listed Chariot, the Africa focused energy group, has announced that it is supporting Etu Energias, the leading Angolan private E&P company, in its acquisition of an additional 31% working interest in Block 14 and 15.5% interest in Block 14K, offshore Angola. -
01 Sep 26
Namibia: PEL 93 advances to next exploration phase as positive regional results support Basin potential
88 Energy has provided an update on Petroleum Exploration Licence 93 (PEL 93) in Namibia’s onshore Owambo Basin, where the Company holds a fully earned 20% non-operated working interest. The PEL 93 Joint Venture has formally applied to enter the Second Renewal Exploration Period, commencing 3 October 2026, with a proposed work programme that includes preparation for, and drilling of, at least one exploration well during the two-year renewal period. -
01 Sep 26
US: Blue Star Helium extends Helium offtake agreement through Q1 2027
With a fourth trailer delivered and the fifth being filled, Bue Star and its current offtake partner have agreed to extend their offtake agreement through Q1 27. The extended Agreement continues to cover all helium produced at the Pinon Canyon Plant. -
01 Sep 26
Equatorial Guinea: Europa Oil & Gas provides update on EG-08 Farm-out Agreement
Europa Oil & Gas has provided an update regarding the binding Farmout Agreement ('FOA') signed by its associated company, Antler Global and Fuhai (Beijing) Energy, a wholly owned subsidiary company of the privately owned Fuhai Group New Energy Holding Co. to farm-out a 40% interest in the EG-08 production sharing contract ('PSC') in offshore Equatorial Guinea. -
01 Sep 26
Germany: Sandbank awarded as the best offshore wind farm operational in 2025
The Vattenfall Offshore Wind Farm Sandbank was awarded 'Best Operating Offshore Wind Farm 2025' at the 15th Offshore Wind Economic Forum in Sylt. Sandbank is the second joint project between Vattenfall and Stadtwerke München, following the completion of DanTysk in 2014. Vattenfall owns 51% of Sandbank, while Stadtwerke München owns the remaining 49%. -
01 Sep 26
Germany: Halftime on the high seas: half of turbines for Nordseecluster A offshore wind farm installed
RWE celebrated the halfway point on the high seas as the 22nd wind turbine was installed around 50 kms north of the German island of Juist and half of the turbines for the first construction phase of the Nordseecluster are now in place. Each of the Vestas turbines has a capacity of up to 15 megawatts (MW). -
31 Aug 26
UK onshore wind project pipeline reaches 50 gigawatt milestone
RenewableUK latest EnergyPulse Onshore Wind report shows that the total capacity of the UK’s pipeline of onshore wind farms at any stage of development, including projects at an early stage of development through to those which are fully operational has reached a milestone of 50 gigawatts. One gigawatt of onshore wind generates enough electricity to meet the annual needs of over 650,000 UK homes. -
31 Aug 26
UK: RenewableUK CEO disappointed to be misquoted by Conservatives
'Commenting on an open letter sent August 27 by the Shadow Energy Secretary Claire Coutinho to the Energy Secretary Miatta Fahnbulleh on a report on energy costs published by Onward last week, RenewableUK’s CEO Tara Singh said she was disappointed to be deliberately misquoted by the Conservatives. -
31 Aug 26
UK: TAQA UK completes major North Cormorant decommissioning milestone in Shetland
TAQA UK has completed a major phase in the decommissioning of its North Cormorant platform, following the safe removal and load-in of the topsides at Dales Voe in Shetland. The successful operation marks the completion of the topsides removal phase of North Cormorant’s decommissioning and will see a significant part of the project’s decommissioning scope delivered in the UK. -
31 Aug 26
European Energy accelerates battery roll-out and sees increased demand for e-methanol in the first half of the year
European Energy continued to mature its renewable energy portfolio and expanded activities in battery storage, Power-to-X and renewable energy solutions during the first half of 2026, while progressing several major project sales processes. For the second quarter of 2026, European Energy reported EBITDA of EUR 7.2m compared with EUR 53m in the same period last year. -
31 Aug 26
Aramco enhances its global partnership ecosystem through collaboration with French companies
Aramco, one of the world’s leading integrated energy and chemicals companies, has announced agreements and a Memorandum of Understanding (MoU) with a potential combined value of more than $3.7 billion with French companies. -
31 Aug 26
SLB to acquire Kelvion, expanding its role across Data Center Infrastructure
SLB has signed an agreement to acquire Kelvion, a global provider of thermal management and heat exchange technologies. The acquisition strengthens SLB's Data Center Solutions business with critical thermal management technologies and expands the company's role in data center infrastructure, which is one of the world’s fastest-growing industrial and technology markets.
