Latest News
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19 Jun 25
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19 Jun 25
GoM: TGS and Viridien announce launch of Laconia Phase III OBN survey in the Gulf of America
TGS, in collaboration with Viridien, have announced the commencement of Laconia Phase III in the Gulf of America. This latest phase in the large-scale Laconia ocean bottom node (OBN) survey program spans approx. 150 OCS blocks and follows the well-received Laconia Phases I and II launched by Viridien in July 2024. -
18 Jun 25
PETRONAS and KOGAS sign MoU to drive global energy innovation and sustainability
PETRONAS and Korea Gas Corporation (KOGAS) have strengthened their long-standing partnership with the signing of a Memorandum of Understanding (MoU) aimed at driving innovation and sustainability within the global energy sector. -
18 Jun 25
Malaysia: Woodside and PETRONAS eye long-term LNG supply
Woodside Energy and PETRONAS, through its subsidiary PETRONAS LNG Ltd (PLL), have signed a non-binding Heads of Agreement (HOA) for the supply of 1 million tonnes per annum of LNG to Malaysia from 2028 for a period of 15 years. -
18 Jun 25
Suriname: PETRONAS expands deepwater portfolio in Suriname with Block 66 PSC
PETRONAS, through its wholly-owned subsidiary PETRONAS Suriname E&P B.V. ('PSEPBV'), has signed a Production Sharing Contract (PSC) for Block 66, located in the deepwater region offshore Suriname. Block 66 lies directly adjacent to Block 52 in the deepwater region offshore Suriname, where PETRONAS has recorded a series of exploration and appraisal successes. -
18 Jun 25
Paris Air Show: TotalEnergies signs a deal with Quatra to secure feedstock for its biorefineries
TotalEnergies and Quatra, the European market leader in the collection and recycling of used cooking oil, have signed a 15-year agreement beginning in 2026, for the supply of 60,000 tons a year of European used cooking oil to TotalEnergies’ biorefineries. This deal contributes to secure the feedstock to produce biodiesel and sustainable aviation fuel (SAF). -
18 Jun 25
UK: Scottish Government seeks consultation re update to its 2020 Offshore Wind Policy Statement
The consultation will inform the Scottish Government's update to its 2020 Offshore Wind Policy Statement, particularly with regard to an updated ambition for offshore wind. -
18 Jun 25
Statkraft strengthens core activities and competitiveness following strategic review
Statkraft, Europe's largest producer of renewable energy, will further strengthen its core competitive advantages by prioritising its flexible hydropower fleet in the Nordics, industry-leading market operations – and solar, wind and battery activities in Europe and South America. -
18 Jun 25
DNV introduces new service specification SE-0696 to mitigate risks in CCUS projects with standardized independent technical assurance
DNV has released a new service specification (DNV-SE-0696) for the verification and certification of carbon capture, utilization, and storage (CCUS) facilities. The document provides a structured methodology to de-risk CCUS projects across design, construction, and operation - addressing a key industry need as carbon capture scales globally. -
18 Jun 25
Prosafe SE: Safe Notos awarded contract with Petrobras
Prosafe has been informed that Petrobras has ratified the result of the bidding process for the provision of the Safe Notos semi-submersible vessel for safety and maintenance support offshore Brazil. As a result, the contract with a total value of approx. USD 204 million and four year duration will commence in September 2026. -
18 Jun 25
UK: NSTA announces consultation on proposals to introduce new and amended NSTA fees
The North Sea Transition Authority (NSTA) has launched a consultation seeking views on its proposals to introduce new fees for some of its services and amend some of the existing fees for its services. -
18 Jun 25
Yinson Production and 'K' LINE partner to jointly develop and market FSIU and liquefied CO2 carrier solutions
Yinson Production and 'K' LINE ENERGY SHIPPING (UK) LIMITED (KLES), a London-based subsidiary of Kawasaki Kisen Kaisha, Ltd. ('K' LINE), have entered into an agreement to jointly develop and market solutions for the transportation and injection of liquefied CO2, leveraging each party’s respective core expertise. -
18 Jun 25
Brazil: Equinor secures exploration acreage in Brazil
Equinor has been awarded a new exploration opportunity in Brazil. Equinor has deepened its position in the Santos basin after winning the S-M-1617 block during Brazil's 5th Open Permanent Concession bid round. -
18 Jun 25
Timor Leste: Sunda Energy awarded Chuditch PSC extension
Sunda Energy, the AIM-quoted exploration and appraisal company focused on gas assets in Southeast Asia, has announced that its wholly owned Timor-Leste subsidiary SundaGas has received a 12-month extension for Contract Year 3 of the TL-SO-19-16 Production Sharing Contract. -
18 Jun 25
UK: Orcadian Energy announces Elke Licence extension
AIM-listed Orcadian Energy has announced that, Phase B of the P2482 licence, which contains the Elke and Narwhal discoveries, has been extended until 14 July 2027.
