Latest News
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12 May 26
UK: British Solar Renewables acquires Berden Solar Park
British Solar Renewables (BSR) has acquired Berden Solar Farm, a consented, ready-to-build solar project located near Bishop’s Stortford in Essex. The project is a 56MWp ground-mounted solar development, situated on approximately 177 acres of land. -
12 May 26
Australia: OEG secures multi-million-dollar CCU contract extension with a global operator to support Bass Strait operations
OEG has secured a long-term multi-million-dollar contract extension with a global operator to support its offshore drilling operations in the Bass Strait field, Australia, until the end of field life, expected to be in 2036. -
12 May 26
North Star secures major tranche of North Sea ERRV contracts, reinforcing offshore safety and UK energy security
North Star, the UK’s leading fully integrated offshore infrastructure service provider, has secured a significant multi-million-pound pipeline of North Sea emergency response and rescue vessel (ERRV) contracts across 17 vessels in its fleet. The awards represent approx. 50 years of combined contract duration. -
12 May 26
Santos takes FID on Agogo Production Facility Tie-In Project in Papua New Guinea
Santos has announced a final investment decision to proceed with the Agogo Production Facility (APF) Tie-In Project in Papua New Guinea, following approval by the PNG LNG joint venture. -
12 May 26
UK: SSEN Transmission leads rollout of 'revolutionary' modular substations for grid connections
A new approach to substation delivery is leading the way, with standardised modular substations that enable much of the assembly, wiring, and testing to be completed off site before installation and commissioning. Designed to operate at 132kV and 33kV, the modular substations are ideally suited to smaller-scale grid connection projects, including individual windfarms and other renewable generation. -
12 May 26
Australia: New report finds economic boost from Browse
Independent modelling shows the proposed Browse to North West Shelf (NWS) Project represents a significant opportunity to strengthen Australia’s energy security, support the energy transition and deliver long-term economic benefits for Western Australia and the nation. -
12 May 26
Pharos Energy provides Trading and Operations Update ahead of AGM
Pharos Energy, an independent energy company with assets in Vietnam and Egypt, has provided a Trading and Operations Update ahead of the Company’s annual general meeting (AGM). -
12 May 26
UK: Jersey Oil and Gas announces final results for Y/E 31 December 2025
AIM-listed Jersey Oil & Gas, an independent upstream oil and gas company focused on the UK Continental Shelf region of the North Sea, has announced its audited financial results for the year ended 31 December 2025. -
12 May 26
Brazil: New Wave Offshore Energy selected as Marine Warranty Surveyor for Shell’s Orca Project
New Wave Offshore Energy has announced the award of a major Marine Warranty Survey (MWS) contract for Shell’s Orca Project in the pre-salt Santos Basin, offshore Brazil. -
12 May 26
Odfjell Technology reports for the first quarter of 2026
Odfjell Technology reports first-quarter 2026 revenue of NOK 1,374 million and EBITDA of NOK 188 million. Adjusted EBITDA was NOK 204 million, after NOK 16 million of one-off costs primarily related to the acquisition of Kaseum and Razor, completed during the quarter. The EBITDA margin was 14%. -
12 May 26
Odfjell Drilling reports for the first quarter of 2026
Odfjell Drilling continued to prove the value of its strategy during Q1 2026, with strong financial results mainly driven by operational performance. Revenue and EBITDA have increased. -
12 May 26
UK: Fugro geotechnical survey to support Berwick Bank B offshore wind farm
Fugro has been awarded a major geotechnical survey contract by SSE for Berwick Bank B, part of the landmark Berwick Bank offshore wind project in the North Sea. -
12 May 26
Seadrill announces first quarter 2026 results
Seadrill has announced its first quarter 2026 results. Secured multiple contract awards across the U.S. Gulf, Brazil and Angola, adding over $860 million to Contract Backlog since the February fleet status report. Contract Backlog now stands at $3.1 billion. -
12 May 26
Germany: BayWa r.e. secures operations contract for Germany's largest battery storage system
BayWa r.e. has strengthened its Asset Operations business with the signing of an eight-year service contract with a Danish investment fund - the Scale Fund, for the 'Alfeld' battery storage system located in Lower Saxony, Germany. -
11 May 26
Poland: Ørsted and PGE kick off offshore installation of Baltica 2 project
Ørsted and PGE are moving ahead with full-scale offshore construction activities on the Baltica 2 project. The first foundations have been successfully installed in the Polish part of the Baltic Sea. With this project, Ørsted and PGE are building Poland’s largest offshore wind farm of 1.5 GW – enough to power 2.5 million Polish households.
