Latest News
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21 Aug 26
UK: New challenge launched to store clean energy for longer and protect households from price spikes
The Ultra-Long Duration Energy Storage Challenge will offer £28 million to create tech which can store clean energy for over 100 hours. Following another record-breaking heatwave, this launch boosts government’s clean energy ambitions to combat climate change. -
21 Aug 26
UK: London's largest rooftop solar installation at New Spitalfields Market
One of the UK’s most important wholesale food markets is now home to the largest rooftop solar installation in London, following the completion of a major renewable energy project at New Spitalfields Market. -
21 Aug 26
Namibia: Sintana Energy announces update on strategic investment in Maravilla Oil and Gas
Sintana Energy has announced, further to a previous announcement dated 20 January, 2026, the entry into definitive documentation providing for the acquisition of a 44% interest in Maravilla Oil and Gas, a privately held, Namibian company focused on high-impact opportunities in West Africa. -
21 Aug 26
McDermott announces Q2 2026 results
McDermott International has announced financial results for the second quarter 2026. For the three months ended June 30, 2026, revenue was $2.3 billion; adjusted EBITDA was $143 million; and cash flow used in operating activities was $76 million. Net income reached $41 million during the quarter. Backlog at quarter end was $15.8 billion. Trailing twelve months adjusted EBITDA was $519 million. -
21 Aug 26
UK: Energy Safety Awards winners recognised for driving lasting safety improvements through commitment, dedication and passion
Inspiring individuals, teams and companies from across the energy sector have been recognised at the 2026 Energy Safety Awards ceremony jointly hosted by Offshore Energies UK and Step Change in Safety at P&J Live in Aberdeen. -
21 Aug 26
Scatec second quarter 2026: Growth journey and solid project execution continues
In the second quarter, Scatec delivered strong progress across its growth portfolio, with new assets contributing materially to power generation and revenues, and strong performance in the D&C segment with a gross margin of 24% and an EBITDA of NOK 234 million. Proportionate revenues were NOK 2,286 million (2,302 million), and EBITDA was NOK 1,016 million (1,130 million). -
20 Aug 26
India: Dolphin Drilling announces extension of Blackford Dolphin drilling contract with Oil India Ltd
Dolphin Drilling has announced that the deepwater capable semisubmersible rig, Blackford Dolphin will continue its drilling contract for Oil India Limited. -
20 Aug 26
India: Transocean announces $300 million contract for ultra-deepwater drillship
Transocean has announced a two-year binding Letter of Award for the Dhirubhai Deepwater KG2 with ONGC in India. The campaign is expected to commence in the first quarter of 2027 and contribute approximately $300 million in contract value, inclusive of additional services and mobilization fees. -
20 Aug 26
Romania: Construction starts at Scatec’s 77 MW Urleasca wind project in Romania
Scatec has secured financing for its 77 MW Urleasca onshore wind project in Romania, enabling the project to start construction. The Urleasca project marks Scatec's entry into onshore wind in Europe and complements the company's existing solar portfolio in Romania.
