Latest News
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27 Apr 26
UK: NSTA grants a production and storage consent to Centrica Offshore UK for the Rough gas storage site
The North Sea Transition Authority has granted a production and storage consent to Centrica Offshore UK Ltd for the Rough gas storage site, off the East Coast of England in the Southern North Sea, until 30 April 2027. -
27 Apr 26
Romania: Three wind projects of around 300 MW enter the execution phase under the OMV Petrom–RNV Infrastructure partnership
OMV Petrom, the largest integrated energy producer in South-East Europe, and RNV Infrastructure have announced that three wind projects, with a total installed capacity of approximately 300 MW, are entering the execution phase following the adoption of the final investment decision (FID). -
27 Apr 26
Canada: Shell announces agreement to acquire Canadian energy company, ARC Resources
Shell has entered into a definitive agreement to acquire ARC Resources, an energy company focused on the Montney shale basin in British Columbia and Alberta, Canada. -
27 Apr 26
Greenland: Greenland Energy signs Halliburton agreement for 2026 Jameson Land drilling campaign
Greenland Energy Company has signed an agreement with Halliburton for integrated consulting services and logistical management relating to the planning, coordination, handling, and transportation of equipment, services, and goods. The agreement includes comprehensive well and drilling services for Greenland Energy’s onshore campaign in the Jameson Land Basin. -
27 Apr 26
Timor Leste: TGS and ANP launch Facies Map Browser products to support offshore investment in Timor-Leste
TGS, a global provider of energy data and intelligence, in partnership with Autoridade Nacional do Petróleo (ANP) has announced an addendum to a 2D-cubed multi-client agreement. The agreement includes the development and delivery of Facies Map Browser (FMB) products to support exploration activities in Timor-Leste. -
27 Apr 26
Italy: Zenith Energy announces acquisition of 5 MWp solar development projects
Zenith Energy has announced the acquisition of two solar development projects, both situated in the Province of Puglia in Italy, of 2.5 MWp each, (the 'Puglia Acquisitions'). -
27 Apr 26
Sao Tome: Petrobras acquires a stake in Sao Tome Block 3
Petrobras announced earlier this month that it has entered into a contract to acquire a stake and assume operation of Block 3, offshore São Tomé and Príncipe, in Africa , from Oranto Petroleum. -
27 Apr 26
Challenges in Handling Geological and Geophysical Uncertainties: Pitfalls and Solutions - Merlin Energy
Understanding and quantifying uncertainty remains a persistent challenge to making effective geoscience decisions. Whether evaluating hydrocarbon reservoirs, assessing carbon storage potential, planning geothermal developments, or modelling groundwater systems, subsurface professionals can’t avoid the problems of incomplete, ambiguous, and often conflicting information. -
27 Apr 26
Norway: Equinor granted drilling permit for wellbore 7220/5-EC-2 H in PL 532
The Norwegian Offshore Directorate has granted Equinor a drilling permit for wellbore 7220/5-EC-2 H in production licence PL 532. -
27 Apr 26
US: 88 Energy reports Participation Agreement amendment ahead of planned Franklin Bluffs-1H horizontal well
88 Energy has provided an update on the progress of its Joint Venture partner, Burgundy Xploration toward the planned production test at Project Phoenix on the North Slope of Alaska. 88 Energy has agreed to an extension of the funding milestone date under the Participation Agreement aligning the timeline to Burgundy's planned US initial public offer (IPO) process. Highlights -
27 Apr 26
OEUK Chief challenges IEA: North Sea oil & gas key to UK’s energy security and transition
David Whitehouse, the chief executive of OEUK, has responded to a piece in The Guardian where Fatih Birol, executive director of the International Energy Agency (IEA), stated that 'the damage is done,' noting that the global oil crisis has permanently transformed the fossil fuel industry. -
27 Apr 26
Nordex Group reports solid Q1/2026 results with continued margin improvement year on year
The Nordex Group has reported a positive business performance for the first quarter of 2026. Sales reached around EUR 1.6 billion in Q1/2026, a 10.6 percent increase compared to the first quarter last year (Q1/2025: EUR 1.4 billion). Gross revenue, including changes in inventories, was EUR 1.6 billion, in line with same period of last year. -
27 Apr 26
UK: Europa Oil & Gas announces North Yorkshire Council Planning Committee decision regarding the Cloughton well
Europa Oil & Gas notes the decision of the North Yorkshire Council planning committee at its meeting on 24th April that it is minded not to approve the Company’s plan for a well in Burniston on its Cloughton prospect, despite the positive recommendation from the Council’s planning department that the operation should proceed. -
27 Apr 26
UK: Engineering study shortlists sites for MESH onshore facilities in Barrow-in-Furness
AIM-listed EnergyPathways, the energy transition company, is pleased to report that Costain Group has completed a first phase of engineering studies for locating onshore facilities for EnergyPathways' MESH project at Barrow-in-Furness, Cumbria. -
27 Apr 26
Noble Corporation announces Q1 2026 results
Noble Corporation has reported first quarter 2026 results. THe Company reports approx. $565 million in new contract value since the January fleet status report, including 3-year extension for the Noble Courage and 5-well contract for the Noble Deliverer; backlog stands at $7.5 billion. -
27 Apr 26
Norway: Archer secures three-year contract extension with Equinor for wireline and intervention services
Archer has been awarded a three-year contract extension by Equinor for the provision of wireline and intervention services on the Norwegian Continental Shelf. The contract extension builds on the integrated wireline contract originally awarded to Archer in 2021, under which Archer, together with its alliance partners, has delivered services across key Equinor assets. -
27 Apr 26
Singapore: Seatrium completes tugboat fleet divestment
Seatrium has completed the divestment of its fleet of 17 tugboats in Singapore. The divestment, alongside other non-core asset divestments disclosed in an earlier announcement, is expected to deliver over S$50 million in annualised cost savings upon completion. -
27 Apr 26
Germany: GE Vernova announces new wind turbine orders from BBWind and Greenvolt Power in Germany
GE Vernova’s Wind segment announced today that it has secured agreements to supply 71.5 MWs of onshore wind turbines to BBWind and Greenvolt Power for various projects across Germany. The deals, which were booked in the Q4 of 2025, represent a significant milestone in GE Vernova’s commitment to supporting Germany’s energy transition.
