Latest News
-
30 Apr 26
Norway: Statkraft signs long-term power contracts with Hydro
Hydro Energi and Statkraft have signed two long-term power purchase agreements (PPA) for the total delivery of 0.9 TWh per year in 2029 and 2030 and 1.3 TWh per year in the period from 2031-2038. The PPAs secure a total supply of 12.3 TWh of power over a 10-year period to Hydro's primary aluminium production plants in Norway. -
29 Apr 26
Venezuela: Geoex MCG holds exclusive rights to new Venezuela seismic data acquisition - invites Industry to participate
Geoex MCG, a global subsurface data provider, has announced the launch of industry engagement to support a major new offshore 2D seismic acquisition program in Venezuela, as market re-entry accelerates. -
29 Apr 26
Germany: Vestas announces 50 MW order in Germany
Vestas has announced a 50 MW order in Germany as part of its Q2 order intake. Customer and Project name are undisclosed. Delivery planned to begin in Q21 2027; commissioning scheduled to begin in Q4 2027. -
29 Apr 26
Canada: BW Offshore signs FEED agreement for Bay du Nord FPSO
BW Offshore has signed a Front-End Engineering and Design (FEED) agreement with Equinor for the Bay du Nord development offshore Newfoundland and Labrador, Canada. -
29 Apr 26
Canada: Delivering FEED for Dow’s Path2Zero Cogen project in Canada
Worley has been selected by Dow to provide front-end engineering design (FEED) services under a new engineering, procurement, and construction management (EPCM) contract for the cogeneration component of Dow’s Path2Zero project in Fort Saskatchewan, Alberta. -
29 Apr 26
Taiwan: Fugro awarded a large geotechnical site investigation contract for CIP’s wind farm in Taiwan
Fugro has been awarded the geotechnical site investigation contract for the 600 MW FengMiao II Offshore Wind Farm (OWF) by Copenhagen Infrastructure Partners (CIP), one of the developers under Taiwan’s Round 3.2 offshore wind tender. -
29 Apr 26
Equinor exercises option to extend contract with Soiltech
Equinor has exercised the option to extend the frame contract for Offshore Waste Management Services with Soiltech until 31 May 2028. -
29 Apr 26
Why wave energy must be the UK’s next great green frontier
As an island nation with more than 11,000 miles of coastline, the UK sits beside one of the most powerful, and most overlooked renewable energy resources on Earth: ocean waves. Offshore wind has dominated Britain’s clean-energy identity for decades, but wave power is no longer a distant prospect. -
29 Apr 26
Baker Hughes achieves 36.9% absolute reduction in operational greenhouse gas emissions
Baker Hughes, an energy technology company, reported a 36.9% absolute emissions reduction in scope 1 and 2 greenhouse gas (GHG) emissions compared to its 2019 baseline, marking the largest emissions reduction to date, according to its latest sustainability report. -
29 Apr 26
Woodside announces Q1 report for period ended 31 March 2026
Woodside announces Q1 report for period ended 31 March 2026. Production for the period was 45.2 million barrels of oil equivalent, underpinned by exceptional reliability of our world-class assets, including 99.9% at Sangomar and 99.0% at Shenzi. In Western Australia, Pluto LNG achieved 100% reliability for the third consecutive quarter, while the North West Shelf Project delivered 99.7%. -
29 Apr 26
Colombia: Arrow Exploration announces 2025 Y/E and Q4 2025 results
Arrow Exploration, the high-growth operator with a portfolio of assets across key Colombian hydrocarbon basins, has announced 2025 Y/E and Q4 2025 results. -
29 Apr 26
TotalEnergies announces first quarter 2026 results
Driven by a 4% year-on-year organic production growth, offsetting the impact on production of the current Middle East conflict, TotalEnergies reports adjusted net income of $5.4 billion and a cash flow of $8.6 billion in the first quarter, demonstrating its ability to capture price upside through a high-performing and diversified integrated portfolio in oil, gas and power. IFRS net income amounted to $5.8 billion. -
29 Apr 26
Serica Energy completes placing of $300 million Nordic bond issue
Serica Energyhas announced the successful completion of a placement of $300 million of new five-year senior unsecured bonds with a coupon rate of 7.875% per annum. -
29 Apr 26
Europe: TotalEnergies finalizes the acquisition of 50% of a portfolio of flexible power generation assets from EPH
TotalEnergies has announced the completion of the acquisition agreed on 16 November 2025 of 50% of EPH’s flexible power generation platform in Western Europe. -
29 Apr 26
OKEA – First quarter 2026 financial results
In the first quarter of 2026, OKEA delivered operating income of USD 239 (107) million and EBITDA of USD 129 (50) million. Net profit amounted to USD 36 (loss of 18) million. Total cash ended at USD 269 (309) million. Guidance for 2026 and 2027 remains unchanged.
