Latest News
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22 Jun 26
Norway: Appraisal well further delineates the 2023 Carmen gas-condensate discovery in Norwegian North Sea license PL1148.
DNO, the Norwegian oil and gas operator, has announced that an appraisal well has further delineated the 2023 Carmen gas-condensate discovery in Norwegian North Sea license PL1148, with recoverable resources now estimated at 21–107 million barrels of oil equivalent. -
22 Jun 26
US: Chevron signs 20-year power agreement with Microsoft for West Texas data center
Chevron has announced that Energy Forge One LLC, a wholly owned subsidiary, has signed an agreement with Microsoft Corp. to develop a co-located power facility in West Texas that will provide dedicated electricity to a Microsoft-operated data center under a 20-year power purchase agreement. Chevron and Engine No. 1 have been collaborating on the development, known as Project Kilby. -
22 Jun 26
Angola: Saipem awarded new offshore contract by Azule Energy for the Greater PAJ project in Angola worth a total of 1 billion USD
Saipem has been awarded a new offshore contract by Azule Energy Exploration (Angola) and Azule Energy Angola, subsidiaries of an incorporated joint venture owned by Eni and bp, mainly for transportation and installation (T&I) services in support of the Greater PAJ project, located approx. 200 kms off the coast of Angola. The contract, with a duration of around 40 months, is worth 1 billion USD. -
22 Jun 26
Prosafe SE announces operational update – May 2026
Prosafe reports 79% fleet utilisation for May 2026. In Brazil, Safe Eurus, Safe Notos and Safe Zephyrus operated at full capacity, delivering near 100% commercial uptime. Safe Boreas operated at near 100% utilisation offshore Australia. Safe Caledonia is in lay-up at Scapa Flow, UK. The vessel has a contract (6 months firm + 3 months of options) with Ithaca Energy for accommodation support at the Captain field in the UK North Sea, starting in the second quarter of 2027. -
22 Jun 26
Indonesia: Empyrean Energy provides an update on the Mako Gas Project
Empyrean Energy, the oil and gas exploration and development company with interests in Australia, Indonesia, and the United States, has provided an update on progress at the Duyung PSC and the Mako Gas Field in Indonesia ('Mako Gas Project). -
22 Jun 26
Norway: Expanding Troll: more gas to Europe
Equinor and its partners Petoro, Shell, TotalEnergies and ConocoPhillips are investing just over NOK 4 billion in a new subsea development that will increase gas production from the Troll field in the North Sea. -
22 Jun 26
Norway: Wellesley Petroleum's appraisal well 35/10-16 S confirms the gas/condensate discovery 35/10-10 S ('Carmen')
Wellesley Petroleum and its partners have completed the drilling of appraisal well 35/10-16 S. The well confirms the gas/condensate discovery 35/10-10 S ('Carmen'). -
22 Jun 26
UK: Tidal stream has crucial role in Scotland’s energy future, says industry body
The new Scottish Government must set out its commitment to Scotland’s world-leading tidal stream sector, says industry body. To help build investor confidence in the sector and remove barriers which are slowing the commercial roll-out of tidal stream projects, Scottish Renewables is calling on ministers to commit to publishing a dedicated policy statement for tidal stream technology in its upcoming Programme for Government. -
22 Jun 26
Equatorial Guinea: Europa Oil & Gas provides update on EG-08 Farm-out Agreement
AIM-listed Europa Oil & Gas has provided an update regarding the binding Farm-out Agreement ('FOA') signed by its associated company, Antler Global and Fuhai (Beijing) Energy, a wholly owned subsidiary company of the privately owned Fuhai Group New Energy Holding, to farm-out a 40% interest in the EG-08 production sharing contract ('PSC') in offshore Equatorial Guinea. -
22 Jun 26
US: Nordex Group secures new US orders totaling 484 MW
The Nordex Group has received three new orders in the United States totaling 484 megawatts (MW), underlining the continued momentum of the company’s business in the region. -
22 Jun 26
UK: Shearwater Geoservices awarded 4D towed-streamer seismic acquisition project for the Mariner field in the UK North Sea by Adura Operations
Shearwater Geoservices has been awarded a 4D towed-streamer seismic acquisition project for the Mariner field in the UK North Sea by Adura Operations.
