Latest News
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08 Jan 26
Norway: Aker Solutions cuts costs and adjusts workforce
To adapt to the market situation and prepare for the future, Aker Solutions will reduce capacity and headcount in certain areas. As part of these measures, Aker Solutions expects that a reduction in headcount may affect just over 500 of the company’s 12,000 permanent full-time positions. -
08 Jan 26
Norway: Aker Solutions secures long-term maintenance and modifications frame agreements with Equinor
Aker Solutions has been awarded multiple five-year frame agreements with Equinor. Under the agreements, Aker Solutions will provide maintenance and modifications services for a range of assets on the Norwegian Continental Shelf (NCS) and onshore Norway. -
08 Jan 26
Norway: Equinor awards major contracts to Norwegian supplier industry
Equinor awards framework agreements to seven supplier companies with a total value of around NOK 100 billion. These agreements lay the foundation for safe and competitive operations at Equinor’s offshore installations and onshore plants in the years to come. Equinor awards twelve new framework agreements for maintenance and modifications on the company’s offshore installations and onshore plants. -
08 Jan 26
US: BLM oil and gas lease sale in New Mexico and Oklahoma generates nearly $327 million in revenue
The Bureau of Land Management leased 31 parcels totaling 20,399 acres in New Mexico and Oklahoma for $326,811,240 in total receipts during a quarterly oil and gas lease sale. The sale brought in over $218,751 for a single acre, the highest ever earned during a BLM competitive oil and gas lease sale since at least the 1987 Leasing Reform Act. -
08 Jan 26
UAE: ADNOC announces Final Investment Decision for the SARB Deep Gas Development
ADNOC has announced the Final Investment Decision (FID) for the SARB Deep Gas Development, a strategic project within the Ghasha Concession located offshore of Abu Dhabi. -
08 Jan 26
Holcim partners with BW Ideol to scale up the construction of offshore wind infrastructure
Holcim has taken a minority equity ownership in BW Ideol, a pioneer in floating offshore wind technology, to scale up the construction of clean energy infrastructure. The two companies will form a strategic partnership for the supply of innovative materials to two fabrication lines for floating foundations, developed by BW Ideol in Southern France and Northeast Scotland. -
08 Jan 26
Spain: Nordex Group secures new orders totalling 246 MW in Spain
At the end of 2025, the Nordex Group also received several new orders from leading independent power producers in Spain. A total of 38 wind turbines of various types with a combined capacity of 245.8 MW will be installed in the provinces of Teruel, Navarra, Burgos and León. -
08 Jan 26
Finland: Magnora secures a third data center project, adding 120 MW, in the Helsinki - Tampere area
Magnora, a renewable-energy group developing data center, wind, solar and battery projects, is joining as majority owner in an ongoing data center project in Finland, expanding its portfolio with a project for a high-density, AI-ready 120 MW facility. -
08 Jan 26
Kistos provides trading statement and operational update
Kistos, an independent energy company focused on unlocking value within its existing portfolio and through value-accretive M&A, has provided an unaudited trading and operational update ahead of its results for the year ended 31 December 2025. -
08 Jan 26
Halliburton reduces well construction time through matrix-body Hypersteer MX directional drill bit
Halliburton launched the HyperSteer™ MX directional drill bit, an industry-first shankless matrix-body bit that improves durability and maximizes directional control. The bit delivers longer runs and fewer trips, resists erosion and abrasion, and performs reliably in high-flow, abrasive environments. -
08 Jan 26
Austria: OMV receives EUR 123 mn in funding for the largest green hydrogen project in Austria
Austria is supporting the construction of one of Europe’s largest green hydrogen plants. In Bruck an der Leitha, OMV is building a 140 MW plant with an annual capacity of up to 23,000 tons of green hydrogen starting from the end of 2027.
