Latest News
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06 Feb 26
ConocoPhillips reports fourth-quarter and full-year 2025 results; announces 2026 guidance and quarterly dividend
ConocoPhillips has reported fourth-quarter 2025 earnings of $1.4 billion, or $1.17 per share, compared with fourth-quarter 2024 earnings of $2.3 billion, or $1.90 per share. Excluding special items, fourth-quarter 2025 adjusted earnings were $1.3 billion, or $1.02 per share, compared with fourth-quarter 2024 adjusted earnings of $2.4 billion, or $1.98 per share. -
06 Feb 26
Solstad Offshore awarded Letter Of Intent for Normand Tonjer
Solstad Offshore has announced a Letter Of Intent with an undisclosed client for Normand Tonjer. Area of operation will be Asia-Pacific. The contract has a duration of 225 days, including mobilization, with further options thereafter, and will commence in February 2026. -
06 Feb 26
Solstad Maritime awarded Letter of Intent for CSV Normand Navigator
Solstad Maritime has announced a Letter of Intent with an international subsea contractor for the CSV Normand Navigator. The contract will commence in Q2 2026 and has a duration of 450 days, with further options thereafter. -
06 Feb 26
US: DOF Group awarded contract for well intervention services in North America
DOF Group has announced a Substantial* contract award with Shell Offshore Inc. for the provision of Hydraulic Subsea Well Intervention Services. -
06 Feb 26
UK: EDF power solutions UK secures solar CPPA’s with BAE Systems and NatWest
EDF power solutions UK has signed two new Corporate Power Purchase Agreements (CPPAs) with BAE Systems and NatWest, enabling both companies to source renewable electricity from the Tye Lane solar farm located in Suffolk. -
06 Feb 26
Namibia: TotalEnergies expands its exploration portfolio as operator of PEL104 license
TotalEnergies has signed agreements to acquire a 42.5% operated interest in the PEL104 Exploration license, located offshore Namibia, from Eight Offshore Investments Holdings and Maravilla Oil & Gas. Located in the Lüderitz basin, PEL104 license covers an area of around 11,000 km2 offshore Namibia. -
06 Feb 26
A stronger and more competitive Ørsted after a defining year with earnings of DKK 25.1 billion within guidance
Ørsted has taken significant steps to deliver on its strategic priorities during the year. This includes a strengthened capital structure through the successful completion of the rights issue, and the finalisation of the divestment programme for 2025 and 2026 earlier than planned and with higher proceeds than expected, as well as a strong operational performance. -
06 Feb 26
Nordex Group wins multiple European contracts totaling 220 MW in January 2026
In January 2026, the Nordex Group recorded new orders from several European countries with a total capacity of 220 MW. -
06 Feb 26
Angola: BW Energy announces update on Angola transaction
BW Energy has provided an update regarding its previously announced agreement to acquire interests in offshore Block 14 and Block 14K in Angola. -
06 Feb 26
Denmark: BlueNord announces preliminary production for January 2026
BlueNord has announced its preliminary production figures for January 2026. In January 2026, the preliminary production was 43.1 mboepd net to the Company. The base assets Dan, Gorm, and Halfdan delivered 20.7 mboepd net to the Company. -
06 Feb 26
Aker Solutions announces fourth-quarter and full-year 2025 results
Aker Solutions delivered solid financial results in a period of record-high activity. The net cash position increased to NOK 3.7 billion, driven by strong cash generation and dividends from the company's 20 percent ownership in SLB OneSubsea. Aker Solutions intends to pay out dividends of NOK 3.60 per share for 2025. -
05 Feb 26
Australia: FairWind strengthens Australia foothold with eight-figure deal for onshore wind farm
FairWind has been awarded an eight-figure contract from a major wind turbine manufacturer to deliver installation, mechanical and electrical services for a large-scale onshore wind farm in Australia. -
05 Feb 26
Vestas wins 26 MW order in New Zealand
Vestas has received an order for the 26 MW Kapuni Wind Farm in New Zealand from Hiringa Energy. The order includes supply and installation of 4 V162-6.4 MW EnVentus wind turbines optimised to boost energy output. -
05 Feb 26
Vestas Annual Report 2025 – Generating value amidst growing uncertainty
For the year 2025, Vestas achieved revenue of EUR 18,822m (outlook: EUR 18.5-19.5bn), with an EBIT margin before special items of 5.7 percent (outlook: 5-6 percent), and total investments of EUR 1,251m (outlook: approx. EUR 1.2bn). The value of the combined order backlog across Power Solutions and Service increased to EUR 71.9bn. -
05 Feb 26
Germany: More solar power for Neuland Hambach – RWE and municipalities expand collaboration
The municipalities around Hambach opencast mine and RWE are setting an example for the energy transition by expanding the partnership they entered into in 2024. Via a joint project company with RWE, NEULAND HAMBACH GmbH, which represents the interests of neighbouring municipalities Elsdorf, Jülich, Kerpen, Merzenich, Niederzier and Titz, purchased 49 percent of a photovoltaic plant developed and installed by RWE. -
05 Feb 26
UK: Green electricity from RWE for British Lidl supermarkets
RWE has signed a Power Purchase Agreement (PPA) with the discount supermarket Lidl GB. The five-year agreement, which has already begun, covers an annual electricity supply of 100 gigawatt hours (GWh). This accounts for just over 15% of Lidl GB’s national electricity requirements. The electricity will be generated by RWE’s Gwynt y Môr offshore wind farm, which is located in the Irish Sea. -
05 Feb 26
US: Zelestra expands relationship with Meta in the US, with a new power purchase agreement for the 176 MWdc Skull Creek Solar Plant in Texas
Zelestra and Meta expand their relationship with new long-term Power Purchase Agreement (PPA) for the 176 MWdc Skull Creek Solar Plant in Texas. In total, the two companies now have seven PPAs across the US, totalling nearly 1.2 GWdc of solar capacity, all scheduled to be online by 2028. -
05 Feb 26
Boskalis Subsea Services launches collaborative model for North Sea decommissioning
Boskalis Subsea Services has introduced The Decommissioning Collective, a collaborative delivery model designed to change how subsea decommissioning is planned and executed in the North Sea. Developed with operator input, it replaces fragmented, project-by-project contracting with a shared framework focused on alignment, efficiency and value across sustained programmes of work. -
05 Feb 26
UK: OEUK responds to the impact of adverse North Sea weather on people and supplies for North Sea installations
Amid a prolonged bout of severe weather in the UK North Sea, some companies are removing non-essential staff from their sites as supplies are running short. -
05 Feb 26
Westwood launches MarineLogix to deliver next-generation offshore vessel intelligence
Westwood Global Energy Group, the specialist energy market research and consultancy firm, has announced the launch of MarineLogix, a new offshore vessel intelligence platform covering the global offshore support, service and wind-related fleets serving the energy industry. -
05 Feb 26
UK: Progress on Spittal to Peterhead subsea link as onshore and offshore works gather pace
SSEN Transmission has reached a key milestone in its Spittal to Peterhead subsea cable link project, with onshore and offshore enabling works now underway. -
05 Feb 26
UK: Keynote speaker at OEUK’s 2026 Health, Safety and Environment Conference to focus on inspiring trust and transformation for safer offshore futures
Award-winning safety engineer, author, and international speaker, Dr Mark McBride-Wright, MBE, will provide the keynote speech at OEUK’s 2026 Health, Safety and Environment Conference which takes place at P&J Live in Aberdeen on February 25. -
05 Feb 26
UK/Ireland: Exus Renewables enters the UK and Ireland as part of international expansion
Exus Renewables, a global energy solutions provider, has officially entered the UK and Irish markets with the opening of a new regional office in Cambridge, marking a significant step in the company’s international growth strategy. -
05 Feb 26
Germany/UK: TotalEnergies to supply renewable electricity to Airbus in Germany and the United Kingdom
TotalEnergies and Airbus, a leading aircraft manufacturer, have signed two clean firm power contracts to supply 3.3 TWh to all major Airbus sites located in Germany and the United Kingdom. -
05 Feb 26
UK: Offshore Energies UK responds to clean energy funding plans and the new Fair Work Charter
Clean energy funding will now be tied to a new Fair Work Charter requiring offshore wind firms to meet higher workplace standards. Offshore Energies UK responds. -
05 Feb 26
Germany: Nordex Group receives 56 MW order for community wind farm in Schleswig-Holstein, Germany
The Nordex Group has received an order from Bürgerwindpark BHU Betriebs GmbH & Co. KG. Nordex is set to deliver eight N163/6.X wind turbines, each installed on 118-meter tubular steel towers, for the Bosbüll Holm Uphusum (BHU) community wind farm spanning three villages in the North Frisia region of Schleswig-Holstein. -
05 Feb 26
UK: Ithaca Energy provides FY 2025 trading update
Ithaca Energy, a leading UK independent production and growth company, has provided an unaudited trading update for the year ended 31 December 2025. -
05 Feb 26
Canada: VAALCO Energy announces agreement to divest non-core asset
VAALCO Energy has entered into an agreement for the sale of all of its non-core producing properties in Canada to a third party for approximately $35.0 million Canadian Dollars (USD $25.6 million) -
05 Feb 26
UK: UK Oil & Gas completes abandonment of Broadford Bridge well
UK Oil & Gas (UKOG) has announced that, as part of the Company's commitment to transitioning into clean energy, it has now successfully Plugged and Abandoned its Broadford Bridge-1/1z well. -
05 Feb 26
Afentra announces operational and financial update
Afentra, an upstream oil and gas company focused on acquiring production and development assets in Africa, has provided an operational and financial trading update for year ended 31 December 2025. -
05 Feb 26
Shell announces fourth quarter 2025 results
Shell has announced its Q4 2025 results. 2025 was a year of accelerated momentum, with strong operational and financial performance across Shell. The Company generated free cash flow of $26 billion, made significant progress in focusing its portfolio and reached $5 billion of cost savings since 2022, with more to come.
