Latest News
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12 Nov 26
Closer alignment between UK and EU on energy policy will cut bills and boost energy security
WindEurope and RenewableUK have joined more than 40 major companies and industry organisations in calling for a closer energy partnership between the UK and EU, to bring down electricity bills, strengthen energy security and accelerate the development of clean power across Europe. -
12 Nov 26
Impact Oil & Gas announces completion of corporate reorganisation
Impact Oil & Gas, a privately owned, Namibia-focused exploration and development company, has announced that, following receipt of the required regulatory and joint venture approvals, it has completed the corporate reorganisation announced on 26 May 2026. -
12 Nov 26
Cameroon: Murphy Oil Corporation announces signing of offshore Cameroon Production Sharing Contracts
Murphy Oil Corporation has announced the execution of four production sharing contracts covering the Elombo, Etinde Exploration, Ntem, and Tilapia blocks offshore Cameroon. -
12 Nov 26
China: CNOOC Limited announces major breakthrough in ultra-deep oil and gas exploration in Central Bohai
CNOOC Limited has drilled and discovered a high-yield volcanic oil and gas well in ultra-deep formations over 5,000 meters deep in Bohai, marking a major breakthrough in ultra-deep natural gas exploration offshore China. -
12 Nov 26
SBM Offshore Q3 2026: Strong Financial Performance and Growth Outlook
SBM Offshore delivered a strong Q3 2026 performance, with revenue up 77% to US$6.3 billion, reduced debt and improved full-year revenue and profit forecasts. Projects are progressing well, fleet availability remains high at 99%, and the company is well positioned for future growth, with 16 potential FPSO opportunities over the next three years. -
12 Nov 26
Vestas reports 6% revenue growth to EUR 5.7 billion in Q3 2026
Vestas reported a 6% increase in third-quarter 2026 revenue to EUR 5.7 billion, with operating profit rising to EUR 483 million and its combined wind turbine and service order backlog reaching EUR 77.9 billion. The company narrowed its full-year revenue forecast to EUR 20.5–21.5 billion, reflecting improved profitability and continued growth in its offshore wind and service businesses. -
12 Nov 26
China: Viridien secures Sinopec Geophysical Corporation order for 80K Sercel land nodes, reinforcing its global leadership in nodal seismic technology
Viridien has announced that its Sensing & Monitoring business line, marketed under the Sercel brand, has been awarded a contract for 80,000 additional WiNG land seismic analog nodes by Sinopec Geophysical Corporation (SGC), a global geophysical exploration services company, further expanding its existing Sercel nodal fleet. The equipment will be deployed on major oil and gas exploration programs in China. -
12 Nov 26
Namibia: TGS awarded OBN contract offshore Namibia
TGS, a leading global provider of energy data and intelligence, has announced the award of an OBN contract offshore Namibia. A deep-water crew is scheduled to mobilize in Q4, with the contract expected to have a duration of approximately 120 days. -
12 Nov 26
DOF Group announces Financial Report for 3rd quarter 2026
DOF Group reported strong third-quarter 2026 results, with revenue rising to USD 615 million and EBITDA increasing to USD 240 million. The Group also reported a USD 7 billion order backlog, continued vessel sales and a quarterly dividend of USD 0.40 per share. -
12 Nov 26
Energy Holdings: Seabird Exploration signs new contract for Fulmar Explorer
SeaBird Exploration, a wholly owned subsidiary of SED Energy Holdings, has been awarded a contract for ocean bottom node (OBN) source work in West Africa. SeaBird will deploy the Fulmar Explorer for the campaign. The total contract duration, including mobilisation and demobilisation, is approximately six months, with mobilisation expected to commence in December 2026. -
12 Nov 26
New IntelliTTCE™ service provides early well insight for offshore plug and abandonment planning
Halliburton has announced the IntelliTTCE™ service, a through-tubing cement evaluation service that helps operators verify zonal isolation before plug and abandonment (P&A) operations. The service verifies barrier integrity before abandonment, helping operators avoid unnecessary tubing retrieval and plan P&A campaigns around real well conditions. -
12 Nov 26
UK: Prime Minister hails major investment in UK renewables
Thousands of jobs will be supported as two major offshore wind projects mark progress towards delivering clean homegrown energy for millions of homes, ahead of the Prime Minister’s travel to the COP31 Leaders’ Summit in Türkiye. -
11 Nov 26
UK: More than 2,600 UK jobs backed by SSE’s Berwick Bank B
As world leaders gather in Türkiye for COP31, UK Prime Minister Andy Burnham and UK Energy Secretary Miatta Fahnbulleh have today welcomed SSE’s announcement that more than 2,600 UK jobs are expected to be supported following its selection of Siemens Energy as preferred supplier for offshore wind turbines and substations for Berwick Bank B. -
11 Nov 26
Pakistan: OGDCL announces gas/condensate discovery at Bitrisim Northwest-1 exploratory well, located in Sindh Province
OGDCL has announced a gas/condensate discovery at the Bitrisim Northwest-1 exploratory well, located in Sindh Province, Pakistan. During testing, the well yielded 12.8 million standard cubic feet per day (MMSCFD) of gas and 175 barrels of condensate per day. -
11 Nov 26
UK: Fahnbulleh 'was Burnham’s second choice for energy secretary'
Miatta Fahnbulleh was not Prime Minister Andy Burnham’s first choice to become energy secretary, according to the Financial Times. The newspaper reports that Burnham initially offered the role to culture secretary Lisa Nandy, who refused to move from her existing post. -
11 Nov 26
UK Secretary of State for Energy Security & Net Zero Miatta Fahnbulleh meets Eni CEO Claudio Descalzi as company confirms £11 billion gross investment
UK Secretary of State for Energy Security and Net Zero, Miatta Fahnbulleh, met in London with Eni CEO Claudio Descalzi. The parties discussed Eni’s activities and investment plans in the United Kingdom across the entire energy value chain, with a particular focus on the energy transition, industrial competitiveness, and energy security. -
11 Nov 26
COP 31: Oil & Gas Decarbonization Charter reports continued progress as signatories strengthen delivery
Three years after its launch at COP28 in Dubai, the Oil & Gas Decarbonization Charter (OGDC) is showing how industry collaboration can help turn shared ambition into practical action. The OGDC is a global multilateral initiative that brings together 57 oil and gas companies operating in more than 100 countries and representing approximately one third of global oil and gas production, to accelerate emissions reductions. -
11 Nov 26
DOF Group announces contract award and extension
DOF Group has announced a 7-year contract for one of its smaller construction support vessels (CSV) including ROV services. The contract adds approximately USD 110 million to DOF’s backlog.
