Latest News
-
25 Aug 26
India: BW LPG announces sale of BW Birch
BW LPG, the world’s leading owner and operator of LPG vessels, has announced that its 52%-owned subsidiary, BW LPG India, has entered into an agreement to sell the 2007-built BW Birch for continued trading. -
25 Aug 26
UAE: ADNOC awards McDermott mega offshore EPCI contract to advance Umm Shaif Field development
McDermott has been awarded a mega engineering, procurement, construction and installation (EPCI) contract by ADNOC for Package 4 of the Umm Shaif Integrated Gas Cap and Surface Pressure Boosting (SPB) Project. The project is a critical component of the Umm Shaif Long Term Development Plan (LTDP), designed to maximize gas recovery from the field and increase gas production. -
25 Aug 26
ENERCON receives the final type certificate for its flagship turbine, the E-175 EP5 E2
ENERCON has received the final type certificate for its flagship turbine, the E-175 EP5 E2. Following the successful completion of the validation phase, certification body TÜV SÜD confirmed compliance with the international IECRE standard and officially handed over the certification documents. -
25 Aug 26
H1 Interim Financial Results 2026: Cadeler delivers on its strategy, with strong financial results
Cadeler has published its interim financial results for the first half of 2026 reporting strong financial performance, with both revenue and EBITDA more than doubling compared to Cadeler’s results for the first half of 2025. The results demonstrate that Cadeler’s fleet strategy is delivering as intended, positioning the company to support customers through the next phase of offshore wind development. -
25 Aug 26
India: Synergia Energy provides Cambay PSC update
Synergia Energy has announced an update regarding its Cambay PSC (WI 50%) in India. Following the workover of the C-19z, C-64 and C-74 legacy wells, a program to tie in associated gas via a newly constructed in-field pipeline network to the C-73 gas export facility has been completed. -
25 Aug 26
Norway: Okea receives award for improved recovery on its oil fields
This year's winner of the Norwegian Offshore Directorate's 'Improved Recovery Award' has worked systematically to revitalise the Draugen and Brage fields. This has resulted in increased reserves and resources, higher production and extended lifetimes. -
25 Aug 26
Norway: More gas for 30-year-old Troll A
The Troll A platform in the North Sea is being supplied with additional gas. On 22 August production started from the Troll Phase 3 stage 2 subsea project. The project accelerates production of 55 billion standard cubic metres of gas from the Troll West reservoir. This corresponds to nearly two years of France’s gas demand. -
25 Aug 26
Falklands/South Africa: Eco (Atlantic) Oil & Gas notes Navitas update on PL001 North Falklands Licence and Block 1 CBK offshore South Africa
Eco (Atlantic) Oil & Gas, the oil and gas exploration company focused on the offshore Atlantic Margins, notes the recent announcements from its strategic partner Navitas Petroleum regarding assets in the Falkland Islands and South Africa. -
25 Aug 26
Iraq: Gulf Keystone announces its results for the half year ended 30 June 2026
Gulf Keystone, a leading independent operator and producer in the Kurdistan Region of Iraq, has announced its results for the half year ended 30 June 2026. -
25 Aug 26
Norway: Will someone give Linerle another chance with EOR?
Advanced methods can yield enhanced oil and gas recovery. So far, the Norwegian Offshore Directorate has identified three discoveries on the Norwegian continental shelf (NCS) that may be suitable for enhanced recovery using advanced methods (EOR). One of them remains unclaimed. -
25 Aug 26
Indonesia: TGS awarded extension to largest seismic acquisition project offshore Indonesia
TGS, a leading provider of energy data and intelligence, has announced a one-month extension to the largest seismic streamer acquisition contract offshore Indonesia. The extension is scheduled to commence in August. -
25 Aug 26
Norway: DNO divests non-core interests, continues to build financial muscle
DNO, the Norwegian oil and gas operator, has announced an agreement with Equinor Energy AS under which selected non-core license interests will be transferred to Equinor in return for a significantly reduced decommissioning deposit and a corresponding improvement in near-term liquidity. -
24 Aug 26
Aker Solutions to accelerate carbon capture and removal projects with Microsoft
Aker Solutions has signed an agreement with Microsoft to advance the maturity, bankability and delivery of carbon capture and storage (CCS) and carbon dioxide removal (CDR) projects across the globe. -
24 Aug 26
Australia: Comet Ridge completes the purchase Santos’ 42.86% share of the Mahalo JV area
Comet Ridge and Santos have completed the transaction for Comet Ridge to purchase Santos’ 42.86% share of the Mahalo JV area. Comet Ridge now holds 100% of the entire Mahalo Gas Hub area and is the Operator. -
24 Aug 26
Italy: Vestas announces a new 65 MW order in Italy
Vestas has announced a new 65 MW order in Italy as part of its Q3 order intake. The 65 MW order includes includes V162-6.5 MW turbines and a 25-year AOM 5000 Service Agreement. Delivery and commissioning is planned for second half of 2027. -
24 Aug 26
Norway: Equinor, Aker BP and Vår Energi join forces to search for Norway’s next major discoveries
Equinor, Aker BP and Vår Energi are establishing a strategic exploration collaboration to pursue some of the largest remaining opportunities on the Norwegian continental shelf (NCS). The aim is to increase the chances of major discoveries that can support new standalone field developments and long-term value creation. -
24 Aug 26
Norway: Equinor and Uniper sign 15-year gas sales agreement for supplies to Germany
Equinor and the energy company Uniper have signed a 15-year agreement for supplies of natural gas to Germany. Under the agreement, Equinor will deliver more than 30 TWh (ca. 2.8 billion cubic metres) of natural gas per year to Uniper. -
24 Aug 26
SLB launches ExaCT Electrical Downhole CT Control System
SLB has launched the ExaCT™ electrical downhole coiled tubing (CT) control system, an advanced intervention platform that introduces real-time electrical control to coiled tubing operations. By replacing pressure-dependent hydraulic actuation with electrical communication, power delivery and telemetry, the ExaCT system gives operators greater visibility, precision and control, helping improve intervention execution and reservoir access.
