Latest News
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31 Jul 25
UK: Consultation response on greater transparency on industry compliance under new plans by NSTA
In August 2024 the NSTA launched a consultation on publishing operator names earlier in the sanctions process, as well as publishing decommissioning data, including a comparative table of performance. On 31 July 2025 the NSTA published a statement regarding the NSTA’s general policy approach to the publication of company specific information. -
31 Jul 25
UK: NSTA confirms greater transparency of company specific information
The North Sea Transition Authority (NSTA) has today (31 July) published its policy on the publication of company specific information and summary of responses following the NSTA’s Transparency Consultation which was launched in 2024. -
31 Jul 25
US: BOEM rescinds designated Wind Energy Areas on the Outer Continental Shelf
The Bureau of Ocean Energy Management (BOEM) has announced it is rescinding all designated Wind Energy Areas (WEAs) on the U.S. Outer Continental Shelf (OCS). -
31 Jul 25
Vattenfall and Samuel L. Jackson present Wind Farmed Seaweed Snacks, a delicacy grown at a wind farm
Together with the iconic actor Samuel L. Jackson, Vattenfall is now presenting a sea-farmed delicacy – Wind Farmed Seaweed Snacks, snacks made from seaweed grown at an offshore wind farm. The collaboration aims to show the potential of offshore wind farms to not only generate fossil free electricity but also support food production that can help regenerate the marine environment. -
31 Jul 25
Spain/Italy: Prospex Energy provides Q2-2025 Selva activity report and general operational update
AIM-listed Prospex Energy has provided an update on operations at its three main assets, the Viura gas field in northern Spain, the El Romeral power plant in southern Spain and including an update from the Selva Malvezzi production concession in northern Italy following the publication by Po Valley Energy of its Q2-2025 activity report. -
31 Jul 25
Shell announces Q2 2025 results
Shell has announced its Q1 2025 results. Shell generated robust cash flows reflecting strong operational performance in a less favourable macro environment. The Company continued to deliver on its strategy by enhancing its deep-water portfolio in Nigeria and Brazil, and achieved a key milestone by shipping the first cargo from LNG Canada. -
31 Jul 25
Angola: ANPG and Azule Energy announce first oil from the Agogo FPSO
The National Agency for Petroleum, Gas and Biofuels (ANPG) and Azule Energy have announced the successful startup and first oil production from the Agogo FPSO. This is the centrepiece of the Agogo Integrated West Hub (Agogo IWH) project, offshore Angola, which involves the development of two fields, Agogo and Ndungu, in the West Hub of Block 15/06. -
31 Jul 25
Norway: Nscale, Aker and OpenAI to establish Stargate Norway: a 100,000 NVIDIA GPU AI Gigafactory powered by renewable energy in Northern Norway
Nscale Global Holdings, Aker and OpenAI have announced the launch of Stargate Norway: an advanced AI infrastructure project in Narvik, Northern Norway. Powered entirely by renewable energy, the facility will target to deliver 100,000 NVIDIA GPUs by the end of 2026, with ambitions to scale significantly in the years ahead. -
30 Jul 25
UAE: ADNOC Drilling delivers record 1H 2025 results
ADNOC Drilling Company has announced its financial results for the second quarter (2Q) and first half (1H) of 2025, delivering record-breaking performance across revenue, EBITDA and net profit while maintaining strong momentum in shareholder returns and delivering regional expansion. -
30 Jul 25
Global FLNG capacity to more than triple by 2030 - Rystad Energy
Floating liquefied natural gas (FLNG) terminals are gaining momentum on the global LNG market, with capacity expected to triple by 2030 according to research from Rystad Energy. Once hindered by technical and operational challenges, FLNG projects are now achieving utilization rates comparable to onshore terminals. -
30 Jul 25
SLB launches OnWave autonomous logging platform
Global energy technology company SLB has introduced the OnWave autonomous logging platform that enables more efficient and reliable acquisition of formation evaluation measurements in any well condition. -
30 Jul 25
Brazil: Petrobras' oil and natural gas production increases 5% to 2.9 million barrels in the second quarter of 2025
Petrobras average production of oil, NGL and natural gas was 2.91 MMboed in 2Q25, 5.0% higher than 1Q25. This performance was mainly due to the ramp-up of FPSOs Almirante Tamandaré, in Búzios field, Maria Quitéria, in Jubarte field, Anita Garibaldi and Anna Nery, in Marlim and Voador fields, to Marechal Duque de Caxias reaching full capacity and the production start-up of FPSO Alexandre de Gusmão, both in Mero field. -
30 Jul 25
UK: RWE secures consent for Enoch Hill 2 wind farm and battery storage development project
RWE, the UK’s leading power generator, has secured full planning consent for its Enoch Hill 2 Wind Farm development project near New Cumnock, North Ayrshire in Scotland. The onshore wind farm is set to be co-located with a 10MW(AC) battery storage system. -
30 Jul 25
UK: Prime Minister Keir Starmer underlines importance of domestic oil and gas production
Prime Minister Sir Keir Starmer said today oil and gas will remain part of the UK’s energy mix 'for a long time,' reinforcing the messaging from Offshore Energies UK, the trade body representing a sector that is vital to the UK economy. -
30 Jul 25
Australia/UK: Triangle Energy provides Quarterly Activities and Cashflow Report
Triangle Energy, a Perth based ASX-listed company with operations in the onshore and offshore Perth Basin in Western Australia and UK-focused joint ventures in the UK with Athena Exploration and Orcadian Energy, has provided an update on its UKCS activity.
