Latest News
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06 Aug 25
Taiwan: Fugro secures a major geotechnical site investigation contract for offshore wind farm in Taiwan
Fugro has secured a major geotechnical site investigation contract for offshore wind farm in Taiwan. The Youde offshore wind farm project is a cornerstone of Taiwan’s strategy to reach 13.1 GW of installed offshore wind capacity by 2030. -
06 Aug 25
Norway: First of two production wells spudded at Bestla development in Norway
Lime Petroleum reports that the operator (OKEA) of PL740 Bestla, in which Lime has a 17 per cent interest, has spudded the first of two production wells. The Bestla field is being developed as a two-well subsea tieback to the OKEA-operated Brage field, in which Lime has a 33.8434 per cent interest. -
06 Aug 25
US: TGS supports Equinor’s Empire Wind Project with data management solution
TGS, a global leader in energy data and intelligence, continues its collaboration with Equinor by providing the Prediktor Data Gateway solution for the Empire Wind offshore wind project. -
06 Aug 25
Tullow Oil announces 2025 Half Year Results
Tullow Oil, the independent oil and gas exploration and production group, has announced its Half Year Results for the six months ended 30 June 2025. The Company reports first 2025 Jubilee well in Ghana onstream with better net pay than expected pay, and strong strategic momentum with realisation of $300 million Gabon proceeds. -
06 Aug 25
UK: Eku Energy’s battery storage projects in Essex and Buckinghamshire are commissioned with BESS supplier NHOA Energy and ready to go live
Two utility-scale energy storage projects at Basildon in Essex and Loudwater in Buckinghamshire, built by global energy storage specialist Eku Energy and global supplier of utility-scale energy storage systems NHOA Energy, have successfully completed testing and verification and are now fully commissioned. -
06 Aug 25
Denmark: BlueNord announces preliminary production for July 2025
BlueNord has announced its preliminary production figures for July 2025. In July 2025 the preliminary production was 38.9 mboepd net to BlueNord. -
06 Aug 25
Brazil: Scatec secures long-term project financing for Rio Urucuia in Brazil
Scatec, a leading renewable energy solutions provider, has reached financial close for its 142 megawatt (MW) solar PV plant currently under construction in Minas Gerais in Brazil. -
06 Aug 25
UK: National Wealth Fund partners with Asterion to back UK grid flexibility through £50m investment in AMP Clean Energy
The National Wealth Fund has announced a £50m equity investment in AMP Clean Energy to accelerate the deployment of low-carbon energy infrastructure across the UK, strengthening local energy networks through flexible battery storage and supporting the decarbonisation of industry. -
06 Aug 25
Italy: Zenith Energy announces acquisition of an Agrivoltaic development project in Lazio, Italy
Zenith Energy has announce the acquisition of a development-stage Agrivoltaic solar energy production project in the region of Lazio, Italy, by its wholly-owned Italian subsidiary created to manage its solar energy portfolio, WESOLAR. -
06 Aug 25
Devon Energy reports second-quarter 2025 results
In the second quarter, Devon Energy delivered exceptional results exceeding its production guidance with 841,000 Boe per day and generated $1.5 billion in operating cash flow and $589 million in free cash flow, with capital investments 7 percent below guidance. -
06 Aug 25
Libya: ExxonMobil signs MoU to explore four blocks offshore Libya
Libya's National Oil Corporation has signed an MoU with ExxonMobil in London. The broad outlines of the MoU state that ExxonMobil conducts a detailed technical study of four offshore blocks located near the northwest coast and the Sirte Basin. -
06 Aug 25
Benin: Rex’s subsidiary Akrake Petroleum spuds first well in Sèmè Field, Benin
Rex International Holding, an independent oil exploration & production company, has announced that its indirect subsidiary, Akrake Petroleum Benin, has on 4 August 2025, spudded the first well in the Sèmè Field in Block 1, Benin. The drilling is part of a 100-day three-well work-programme to redevelop the Sèmè Field.
