Latest News
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12 Oct 26
UK: Ørsted to take full ownership of Gunfleet Sands 1 & 2 Offshore Wind Farm in the UK
Ørsted has exercised a long-standing buyback right in relation to the Gunfleet Sands 1 & 2 Offshore Wind Farm, in which Ørsted currently holds a 50.1 % ownership interest. Under the agreement, Ørsted will acquire the remaining 49.9 % ownership interest from its investment partners for a total consideration of approximately GBP?15 million. -
12 Oct 26
Ithaca Energy announces amendment and restatement of reserve based lending facility
thaca Energy has announced that its wholly owned subsidiary, Ithaca Energy (UK) Limited, has successfully agreed an amendment and restatement of its US$1,800,000,000 senior reserve based lending ('RBL') facility (US$1,300,000,000 loan facility and US$500,000,000 letter of credit facility). -
12 Oct 26
Falklands: Borders & Southern Petroleum has raised £2 million to advance the continued development of its 100% held Darwin gas condensate discovery
AIM-listed Borders & Southern Petroleum, the London based independent oil and gas company with assets offshore the Falkland Islands, has raised £2 million, before expenses, to advance the continued development of its 100% held Darwin gas condensate discovery. The Fundraising comprises a direct placing of shares to a single investor. -
12 Oct 26
Indonesia: Eni signs two agreements for the sale of stakes in selected upstream assets in Indonesia
Eni has signed two binding agreements to sell interests in selected Indonesian upstream assets operated by Searah, the independent 50/50 joint venture between Eni and Petronas. -
12 Oct 26
UK: European Energy secures Jyske Bank financing for 57 MWp UK solar project
European Energy has secured construction financing from Jyske Bank for the 57.4 MWp Snakes Meadow solar project in Bedfordshire in the East of England. -
12 Oct 26
US: TotalEnergies expands its Joint Venture with KKR with the addition of a 700 MW Renewables Portfolio
TotalEnergies and KKR, a leading global investment firm, have announced the signing of an agreement to add 700 MW to the 50/50 Joint-Venture (JV) they created in the U.S. in 2025, which currently holds 1.4 GW. -
12 Oct 26
Seatrium reinforces strategic partnership with Carnival Corporation
Seatrium has renewed its multiyear agreement with the world’s largest cruise operator, Carnival Corporation, extending a longstanding strategic partnership established since 2010. The agreement underscores Seatrium's established track record and leading capabilities in delivering complex cruise ship maintenance, upgrades, revitalisations and retrofit solutions. -
12 Oct 26
Colombia/Ecuador: Gran Tierra Energy stockholders approve sale of Colombian and Ecuadorian Businesses
Gran Tierra Energy has announced that its stockholders have approved the previously announced sale of Gran Tierra’s Colombian and Ecuadorian businesses to Maurel & Prom for total consideration of approx. US$1.33 billion, including the assumption of debt and subject to adjustment. -
12 Oct 26
Nordex Group order intake rises 29.5% to 2.8 GW in the third quarter of 2026
In the third quarter of 2026, the Nordex Group recorded 2,810 MW of orders in the Projects segment, excluding Service business, 29.5 percent higher than the prior-year figure (Q3/2025: 2,170 MW). For the first nine months of the year 2026, order intake totalled 7,733 MW, an increase of 16.1 percent (9M/2025: 6,661 MW). -
12 Oct 26
Ukraine: Enwell Energy provides Q3 2026 operations update
Enwell Energy, the AIM-quoted oil and gas exploration and production group, has provided an update on its operational activities in Ukraine in respect of its Mekhediviska-Golotvshinska ('MEX-GOL'), Svyrydivske ('SV') and Vasyschevskoye ('VAS') gas and condensate fields and Svystunivsko-Chervonolutskyi ('SC') exploration licence. -
12 Oct 26
South Africa: Magnora’s South African subsidiary AGV extends its South African offering to powered land for data center development
Magnora’s South African subsidiary AGV (African Green Ventures) is expanding its development activities to include vertically integrated data center and energy projects, with powered land and behind-the-meter solutions. -
11 Oct 26
UK: RWE completes sale of shares in Five Estuaries Offshore Wind Farm
RWE has confirmed completion of the divestment of its 33.33% share in Five Estuaries Offshore Wind Farm to fellow power generator EDF. As a result of the sale, EDF will take over responsibility for leading the project on behalf of the joint venture partners. -
11 Oct 26
UK: Approved Steeple Renewables Project to deliver £224M local investment
The UK Government has given the green light to the Steeple Renewables Project, which will deliver an estimated £224 million of investment in the local economy, alongside a community benefits package worth approximately £13 million over the project’s lifetime. -
11 Oct 26
Golar LNG acquires conversion vessel for 4th FLNG
Golar LNG has announced that it has agreed to acquire the LNG carrier Grace Dahlia from NYK Line. The vessel is intended to be used for conversion into Golar’s fourth FLNG (“FLNG #4”) ordered on August 12, 2026. -
11 Oct 26
Canada: Moncan Energy launches Alberta Acquisition and Development Strategy focused on producing oil and gas assets
Moncan Energy, a newly established Calgary-based exploration and production company, has announced its strategy to acquire, improve and selectively develop smaller producing oil and natural gas assets across Alberta.
