energy-pedia – upstream oil & gas news for EP professionals

15 Nov 25

UK: Statkraft secures consent for Knockcronal Wind Farm
Statkraft, Europe’s largest generator of renewable energy, has secured planning consent for Knockcronal Wind Farm, located in South Ayrshire. The consented design has a generating capacity of up to 59.4MW and comprises a total of nine turbines. Once operational, the wind farm will generate enough clean electricity to power the equivalent of 49,000 homes.

15 Nov 25

COP30: Oil & Gas Decarbonization Charter sustains momentum with annual report launch
The Oil & Gas Decarbonization Charter (OGDC), a global coalition of leading energy companies championed by the CEOs of ADNOC, Aramco, and TotalEnergies and supported by the Oil and Gas Climate Initiative (OGCI), has released its 2025 Status Report: Implementing Action, highlighting accelerated progress and sustained momentum.

15 Nov 25

COP30: TotalEnergies commits $100 million to Climate Investment in support of the OGDC Community
During the United Nations Climate Change Conference (COP 30) taking place in Belém, Brazil, TotalEnergies, a member of the Oil and Gas Climate Initiative (OGCI) and of the Oil and Gas Decarbonization Charter (OGDC), announced a $100 million commitment to Climate Investment’s Venture Strategy fund, which backs technologies that cut emissions across the oil and gas value chain.

14 Nov 25

US: RWE’s first project in Louisiana completes construction
RWE has completed construction of its first project in Louisiana, the 100 MW Lafitte Solar project located in the Ouachita Parish, outside of Monroe. The project was enabled by the long-term power purchase agreement with Meta.

14 Nov 25

Norway: Hydro invests NOK 1.2 billion to build Illvatn pumped storage power plant
Hydro has made the final investment decision for its largest hydropower development in over 20 years. Construction of the Illvatn pumped storage power plant in the Luster Municipality of Norway will begin this November, with operations expected to start in 2030.

14 Nov 25

UK: Archer expands service offerings under five-year P&A contract in UK
Archer has announced an additional contract linked to the five-year agreement with NEO NEXT Energy, originally with Repsol Resources UK and announced May 2nd, 2025. The additional contract adds a lighter Archer P&A unit for a five-year term, replacing one of Archer’s modular drilling rigs for the Fulmar platform, originally announced August 15, 2023.

14 Nov 25

UK: Archer secures a 5-year contract extension worth USD 110 million
Archer has been awarded a five-year contract extension for platform drilling and maintenance services in the UK with an estimated contract value of USD 110 million.

14 Nov 25

Norwegian Offshore Directorate: New Dashboard provides an overview of the licensees’ petroleum resources and reserves on the NCS
The new Dashboard provides an overview of the licensees’ petroleum resources and reserves on the Norwegian continental shelf (NCS). This includes data such as: Number of active production licences. Overview of discoveries and fields in operation. Estimates for remaining reserves and resources in discoveries.

14 Nov 25

Colombia: Frontera announces strategic spin-off of its Colombian infrastructure business to unlock intrinsic value
Frontera Energy Corporation has announced a plan to unlock significant value from its existing assets through a spin-off of its Colombian Infrastructure business, creating two independent companies: Frontera Exploration & Production and Frontera Infrastructure. The Proposed Transaction is projected to be completed in the first half of 2026.

14 Nov 25

BW Offshore launches BW Elara - floating desalination solutions powered by BW Water technology
BW Offshore and BW Group have established a 50/50 joint venture entity (JV), BW Elara, to design and build Floating Desalination Units (FDUs), producing fresh water from salt water to address growing global water constraints.

14 Nov 25

Valeura Energy announces third quarter 2025 results
Valeura Energy reports its unaudited financial and operating results for the three and nine month periods ended September 30, 2025.

14 Nov 25

Ørsted to commercialise its state-of-the-art low-noise technology Osonic: Signs first agreement with Luxcara
Ørsted has announced the establishment of its new technology platform Osonic, having signed a preferred supplier agreement with leading German energy infrastructure asset manager Luxcara.

14 Nov 25

Solstad Maritime announces contract award for CSV Normand Ocean
Solstad Maritime (SOMA) has announced that the Construction Support Vessel (CSV) Normand Ocean has been awarded a new very large contract with DeepOcean.

14 Nov 25

UK’s AR7 offshore wind auction tees-up a ‘win-win-win’ for policymakers, developers, and suppliers - Wood Mackenzie
With the launch of the UK's Contracts for Difference (CfD) Allocation Round 7 (AR7), strategic recalibrations compared to past auctions could deliver stability to the offshore wind market amid an intense political and economic battleground over net zero targets and public spending, according to a recent insight from Wood Mackenzie.

14 Nov 25

US: Interior rescinds 2024 rule on Alaska Petroleum Reserve, unlocking energy potential
The Department of the Interior has announced a final rule rescinding the 2024 Bureau of Land Management rule governing the National Petroleum Reserve in Alaska, a major step in unlocking the energy potential of the roughly 23-million-acre reserve.

14 Nov 25

Canada: Cenovus announces closing of MEG Energy acquisition
Cenovus Energy has announced that its acquisition of MEG Energy Corp. has been completed. This acquisition strengthens Cenovus’s portfolio of long-life, low-cost oil sands assets, adding top-tier operations that are directly adjacent to the company’s Christina Lake asset.

14 Nov 25

Norway: DeepOcean awarded installation work on gas project by Equinor
Ocean services provider DeepOcean has been awarded a contract by Equinor to provide various subsea construction and installation activities as part of the Snorre Export and Import Gas Project (SNEIG) for offshore execution in 2026.

13 Nov 25

UK: Art of the possible embraced as cutting-edge tools enhance North Sea operations
Tech-savvy operators are using an impressive array of smart tools and techniques to optimise production, including from tiebacks, and cut emissions in the North Sea, a new report from the North Sea Transition Authority (NSTA) shows.

13 Nov 25

Brazil: PXGEO secures two OBN seismic acquisition contracts with Petrobras
PXGEO has been awarded two significant contracts from Petrobras-led consortia, to deliver seismic data acquisition and monitoring services in the Santos Basin, offshore Brazil. The deal further extends the business’ presence in Brazil.

13 Nov 25

Suriname: Staatsolie approves Commercial Field for Sloanea-1 gas discovery in Block 52
Staatsolie announced its approval on 11 November 2025 of the Commercial Field for the Sloanea-1 gas discovery, located in Block 52 offshore Suriname.

13 Nov 25

SSI and GWEC partner on supply chain sustainability and transparency
The Solar Stewardship Initiative (SSI) and the Global Wind Energy Council (GWEC) have signed a Memorandum of Understanding (MoU) to drive sustainability, transparency, and resilience across the solar and wind energy industries’ supply chains.

13 Nov 25

Chile: ACCIONA Energía to install a 1GWh battery in the Atacama desert
ACCIONA Energía has announced the construction of a 1GWh battery energy storage system (BESS) at Malgarida photovoltaic complex (238MWp), in the Atacama Desert in Chile. With commissioning expected in early 2027, it will be one of the largest battery storage projects in Latin America.

13 Nov 25

UK: Prosafe SE: Safe Caledonia further extended at Captain
Ithaca Energy (UK) has exercised a further seven weeks of options for the Safe Caledonia to continue providing accommodation support at the Captain field in the UK sector of the North Sea through to early February 2026.

13 Nov 25

US: TotalEnergies to supply renewable power to Google’s data centers for 15 years
TotalEnergies and Google have signed a 15-year Power Purchase Agreement (PPA) to supply Google with a total volume of 1.5 TWh of certified renewable electricity from TotalEnergies’ Montpelier solar farm in Ohio. The solar facility, nearing completion, is connected to the PJM grid system - the largest in the United States - and will support Google’s data center operations in Ohio.

13 Nov 25

Malaysia: Petros signs three strategic energy agreements with international industry players
Petroleum Sarawak Berhad (PETROS) has signed two strategic energy agreements and a storage study agreement with international industry players to unlock Sarawak’s onshore exploration potentials through targeted programmes, and to progress Carbon Capture, Utilisation and Storage (CCUS) projects in Central Luconia, Sarawak.

13 Nov 25

Report shows 13% increase in floating offshore wind capacity worldwide
RenewableUK’s latest EnergyPulse Insights Floating Offshore Wind report shows that, despite political headwinds, floating wind installations have increased by 13% over the past twelve months to 277 megawatts (MW) - up from 245MW a year ago – and are set to grown nearly ten-fold to 2,500MW by 2030.

13 Nov 25

Norway: Vår Energi confirms oil in appraisal well near the Goliat field in the Barents Sea
Vår Energi's appraisal well 7122/8-4 S confirms the 7122/8-3 S ('Zagato') oil discovery, which was proven in February. The licensees are considering tying the discovery back to existing infrastructure on the Goliat field.

13 Nov 25

Trinidad: Touchstone Exploration announces Q3 2025 results
Touchstone Exploration reports its financial and operating results for the three and nine months ended September 30, 2025. Third quarter production reflected strong performance from the Central field and the stabilization of existing wells at both Cascadura and Coho, with legacy oil production continuing to underpin low decline rates.

13 Nov 25

UK: EnergyPathways partners with KBR & Hazer on major Hydrogen Development Engineering Studies
AIM-listed EnergyPathways, the UK energy transition company, has commenced engineering studies with KBR Inc and Hazer Group for its planned hydrogen and graphite production facilities, to be located in Barrow-in-Furness NW of England, as part of the Company's MESH project.

13 Nov 25

US: Helix Exploration announces Rudyard Project update - rig secured for Rudyard re-entry and coring program
Helix Exploration, the helium exploration and development company with near-term production assets within the 'Montana Helium Fairway', has secured a drilling rig to re-enter the Inez #1 well at its flagship Rudyard Project.

13 Nov 25

Solstad Maritime announces contract award for CSV Normand Sentinel
Solstad Maritime has announced a contract award with an international subsea contractor for the CSV Normand Sentinel. Solstad Maritime will deliver, with support from Omega Subsea AS, two work class ROVs (WROVs) with full manning, as well as tooling, survey services, and project personnel.

13 Nov 25

UK: Cross-sector study identifies offshore co-location opportunities and challenges
A major study by the University of Aberdeen has assessed the practicalities of co-locating offshore wind, carbon capture and storage (CCS) and oil and gas projects in UK waters.

13 Nov 25

Norway: New technology is profitable when shutting down wells
There will be about 2900 wellbores on the Norwegian continental shelf (NCS) in the years to come, but development and implementation of new technology can save the industry and society considerable costs.

13 Nov 25

Prosafe SE announces third-quarter results 2025
Prosafe SE reported EBITDA of USD 11.3 million (USD 5.0 million) for the third quarter of 2025. All the company’s five vessels generated revenue in the quarter, with four units active during the full period and the Safe Boreas receiving standby-rate in September.

13 Nov 25

UK: North Wales to pioneer UK’s first small modular reactors
A generation of young people on Anglesey / Ynys Môn and across North Wales are set to benefit from thousands of new jobs and billions of pounds in investment over the next decade, as the Prime Minister confirms that Wylfa has been selected to host the UK’s first small modular reactor nuclear power plant.