Latest News
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16 Jun 25
XRG Consortium makes non-binding, indicative proposal to acquire Santos
Santos has announced that on 13 June 2025 it received a non-binding indicative proposal from a consortium led by XRG P.J.S.C., a subsidiary of Abu Dhabi National Oil Company and including Abu Dhabi Development Holding Company (ADQ) and Carlyle (the XRG Consortium). -
16 Jun 25
Denmark: Topping-out ceremony: operations and maintenance base for Thor offshore wind farm nearing completion
On June 12, RWE and Danish construction company Østermark Entreprenørforretning held a topping-out ceremony for the new building that will be the operations and maintenance base for Denmark's largest offshore wind farm, Thor. -
16 Jun 25
UK: Government backs 2 major Carbon Capture projects in Aberdeenshire and the Humber
Workers in the North Sea and Britain’s manufacturing heartlands will drive forward the country’s industrial renewal, as 2 major carbon capture projects in Aberdeenshire and the Humber receive funding to progress. -
16 Jun 25
Egypt: Scatec signs PPA for 900MW onshore wind project in Egypt
Scatec has signed a USD-denominated 25-year Power Purchase Agreement (PPA) with the Egyptian Electricity Transmission Company (EETC) for a 900 MW wind project. -
16 Jun 25
US: XGS Energy and Meta to partner on 150 MW advanced geothermal project
XGS Energy and Meta have announced an agreement to support development of 150 MW of next-generation geothermal energy in New Mexico, highlighting the critical role XGS will play in rapidly delivering reliable electricity to meet growing energy demand. -
16 Jun 25
ASCO wins major North-Sea services contract
ASCO has secured a landmark nine-figure contract with a major North Sea energy operator, reinforcing its position as the leading logistics provider to the energy industry. -
16 Jun 25
Malaysia: PETRONAS awards first MBR 2025 PSC to Dialog, unlocking East Coast Sabah's hydrocarbon potential
PETRONAS, through Malaysia Petroleum Management (MPM), awarded a Small Field Asset Production Sharing Contract (SFA PSC) for the Mutiara Cluster, off the coast of Sabah, offered under the Malaysia Bid Round 2025 (MBR 2025) launched earlier this year. -
16 Jun 25
UK: Funding boost for UK hydrogen market a welcome step, says OEUK
Offshore Energies UK has welcomed the government announcement of over £500 million to support the development the UK’s first network for hydrogen transport and storage. -
16 Jun 25
UK: OEUK announces shortlist for Offshore Safety Awards 2025
Offshore Energies UK and Step Change in Safety have announced details of entries shortlisted for this year’s exciting Offshore Safety Awards. The event is designed to maintain and promote the highest professional standards in our industry and is now being sponsored by Torus, an organisation at the forefront of the energy transition -
16 Jun 25
Israel: Energean reports temporary suspension of production from the Energean Power FPSO
Energean has confirmed that it received notice from the Ministry of Energy and Infrastructure on 13 June 2025 ordering the temporary suspension of production and activities of the Energean Power FPSO, following the recent geopolitical escalation in the region.
