Latest News
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05 Mar 26
UK: Industry meets with Chancellor to reform Energy Profits Levy in the national interest
Offshore Energies UK CEO, David Whitehouse and industry leaders met Chancellor of the Exchequer, Rachel Reeves MP at Number 11 Downing Street to lay out the steps to reform of the Energy Profits Levy this year. -
05 Mar 26
Germany: Energiequelle begins construction of the Lüben Wind Farm in Germany
Energiequelle GmbH has begun construction of the Lüben Wind Farm in the district of Gifhorn in Lower Saxony (Germany). The project consists of five state-of-the-art Enercon E-138 turbines with a hub height of 160 meters. -
05 Mar 26
Harbour Energy has announced its results for the year ended 31 December 2025
2025 was a year of significant progress for Harbour. The Company delivered excellent operational performance while maintaining capital discipline and integrating new assets. This drove record production and higher free cash flow against a backdrop of lower commodity prices. In addition, we improved our cost structure, built momentum at our growth projects in Mexico and Argentina, and announced three significant transactions. -
05 Mar 26
PPC Group and METLEN Energy & Metals join forces to develop up to 1,500MW of energy storage projects across three countries
PPC Group and METLEN, leading Greek companies in the electricity sector in Greece and the wider region, have signed a JVA for the establishment of a joint venture company, in which each party will hold a 50% stake. The purpose of the joint venture is the development, construction and operation of a portfolio of BESS (Battery Energy Storage System) projects of up to 1,500 MW / 3,000 MWh in Romania, Bulgaria and Italy. -
05 Mar 26
Trinidad: Predator Oil & Gas publishes Independent Technical Report for Cory Moruga onshore Trinidad
Predator Oil & Gas has published the Independent Technical Report by Scorpion Geoscience for the proposed Snowcap-3 ('SC-3') appraisal well in the Cory Moruga Exploration and Production Licence. -
05 Mar 26
US: Helium One Global provides Galactica Project update
AIM-listed Helium One Global, the primary helium explorer in Tanzania with a 50% working interest in the Galactica-Pegasus helium development project in Colorado, USA, has provided an update following the Blue Star announcement issued today regarding the Galactica Project. -
05 Mar 26
Kazakhstan: Worley signs agreement with Tengizchevroil
Worley has been awarded a services framework agreement by Tengizchevroil (TCO), a joint venture company between Chevron, ExxonMobil, KazMunayGas and Lukoil, to provide engineering and project support services across TCO’s operational assets in the Republic of Kazakhstan. -
05 Mar 26
Oceaneering launches new Electric Propulsion Work Class ROV
Oceaneering International has announced that its Subsea Robotics segment has debuted the newest addition to its Remotely Operated Vehicle (ROV) portfolio, the Momentum™ Electric Work Class ROV, at Subsea Tieback Forum. -
05 Mar 26
Italy: ZEnith Energy announces solar acquisition and gas supply growth
Zenith Energy, the international energy production and development company, has announced the acquisition of an additional photovoltaic development project in the Puglia region of Italy. The Acquisition represents a strategic advancement toward the Company’s objective of achieving a solar energy development portfolio capacity exceeding 200 MWp by the close of 2026. -
04 Mar 26
Italy: GE Vernova secures IVPC Group contract for over 100 MW Fortore Wind Farm in Italy
GE Vernova has been selected by one of the leading national operators in the field of renewable energy IVPC Group, one of the leading national operators in the field of renewable energy, to provide 17 units of its 6.1 MW-158m onshore wind turbines for a new wind farm in Fortore, Benevento, Italy. -
04 Mar 26
Saipem and Capsol partner on industrial-scale CO2 capture solutions
Saipem and Capsol Technologies ASA, a leading provider of carbon capture technology, have entered into a non-exclusive cooperation agreement in the field of carbon capture. Specifically, the agreement focuses on the joint development of projects of mutual interest in the Hot Potassium Carbonate (HPC) segment, with the aim of capturing the opportunities offered by a growing market. -
04 Mar 26
Poland: Low Carbon reaches financial close on its first Polish battery project
Leading renewable energy company, Low Carbon, has reached financial close on its first battery energy storage system (BESS) project in Poland, marking a significant milestone in the company’s ambition to expand into the Polish renewables market. -
04 Mar 26
Turkey: Subsea7 awarded contract offshore Türkiye
Subsea7 has announced the award of a large variation order by Turkish Petroleum Offshore Technology Center AS (TP-OTC) relating to the Sakarya field development in the Black Sea, offshore Türkiye. -
04 Mar 26
Denmark: First turbine up at Denmark’s largest offshore wind farm
RWE has achieved a significant milestone in the construction of the 1.1-gigawatt Thor offshore wind farm by successfully installing the first turbine off Denmark’s west coast near Jutland. First wind farm worldwide to install CO2-reduced steel towers.
