Latest News
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15 Dec 25
Brazil: Petrobras and Shell Brazil launch Carbon Countdown, the largest carbon stock inventory ever conducted in the country
Petrobras and Shell Brasil have launched the Carbon Countdown, the largest project ever undertaken to measure, in a standardized way and on a national scale, the carbon stocks above and below ground in all terrestrial biomes of the country. -
15 Dec 25
Odfjell Drilling completes acquisition of the Deepsea Bollsta and refinancing
Odfjell Drilling has announced the successful completion of the acquisition of Deepsea Bollsta, including the novation of the rig’s drilling contract with Equinor for a firm period until early 2028 and with five one-year extension options. -
15 Dec 25
Australia: Central Petroleum signs LOI for new drilling and long-term gas supply at Mereenie and Palm Valley
Central Petroleum has entered into a binding Letter of Intent with the Northern Territory’s Power and Water Corporation which includes in-principle terms for long-term, firm gas supply of up to 25.5 PJ (Central share) of gas from the Mereenie and Palm Valley fields through to the end of 2034. -
15 Dec 25
Westwood Insight – Five offshore wind themes to watch in 2026
The offshore wind market slowed further in 2025, prompting a shift in behaviours. Governments that continue to support offshore wind are now attempting a more deliberate approach to prioritise project delivery while protecting local industries. At the same time developers and the supply chain are exercising more discipline with their investments. -
15 Dec 25
UK 2nd UK Carbon Storage Round
Are you ready for the 2nd UK Carbon Storage Round? Your team is probably already at maximum capacity, so Merlin is ready to help. Merlin’s experienced geoscience team can help you to quickly screen acreage and prepare your applications. -
15 Dec 25
Egypt: Dana Gas reports further success in Egypt’s Onshore Nile Delta with a significant discovery
Dana Gas, the Middle East’s largest regional private sector natural gas company, has announced the successful drilling of the North El-Basant 1 exploratory well in Egypt’s onshore Nile Delta, confirming a significant new gas discovery. -
15 Dec 25
UK: Thistle Wind Partners submits onshore plans for Bowdun Offshore Wind Farm
A Scottish offshore wind farm, seeking to deliver a £1bn opportunity for the supply chain, has submitted its onshore planning application. Bowdun Offshore Wind Farm, planned for 44 km off Stonehaven in North East Scotland, has submitted the planning application for planning permission in principle for the onshore infrastructure of the Project to Aberdeenshire Council. -
15 Dec 25
US: Buccaneer Energy announces update on development in the Fouke area of the Pine Mills field
AIM_listed Buccaneer Energy, an international oil & gas exploration and production company with development and production assets in Texas, USA, has provided an operational update regarding the next phase of development in the Fouke area of the Pine Mills field -
15 Dec 25
South Africa: Chariot completes significant financing for South African wind projects
AIM-listed Chariot, the Africa focused energy group, is pleased to confirm that it has completed a significant financing and a strategic equity partnership primarily to fund its investment in two wind generation projects, Zen and Bergriver, in South Africa, which have just reached financial close. -
15 Dec 25
US: Helium One Global announces production facility update at Galactica Project
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 regarding the Galactica Project. -
15 Dec 25
Benin: EBRD launches its first sub-Saharan Africa investment in Benin
The European Bank for Reconstruction and Development (EBRD) has launched its first investment in sub-Saharan Africa. The Bank’s facility in Benin will support the country’s efforts to expand reliable electricity access to underserved communities in the Mono, Couffo and Borgou regions. -
15 Dec 25
Brazil: BW Energy signs long-term lease for the Maromba drilling and wellhead platform
BW Energy has announced that the short-term lease for the Super Gorilla class jack- up rig BW MAROMBA B signed in September 2025 has been successfully converted into a long-term project lease agreement with Minsheng Financial Leasing Co. -
15 Dec 25
SLB enters collaboration agreement to accelerate new digital solutions
Global energy technology company SLB has signed a strategic collaboration agreement with Shell to develop digital and AI solutions that drive measurable performance and efficiency gains across upstream operations for the company and the wider industry. -
15 Dec 25
Nigeria: NUPRC restates commitment to transparency, promises untainted licensing round
The Nigerian Upstream Petroleum Regulatory Commission (NUPRC) has restated its commitment to preventing and tackling corruption, promising to deliver an untainted 2025 Licensing Round. -
15 Dec 25
Australia opens new areas for offshore gas exploration
The Albanese Government has opened new areas for offshore gas exploration as it works to put downward pressure on power prices and ensure Australian industry has access to gas at affordable prices. -
15 Dec 25
Australia: TechnipFMC awarded significant contract for Subsea 2.0® production systems for Chevron’s Gorgon Stage 3 project
TechnipFMC has been awarded a significant contract for Subsea 2.0® production systems by Chevron for the Gorgon Stage 3 brownfield project offshore Australia. -
15 Dec 25
US: Repsol advances its renewable energy strategy in the US with a new deal with Stonepeak
Repsol has advanced its renewable energy strategy in the United States with a new deal with Stonepeak. The investment firm specializing in infrastructure and real assets has agreed to acquire a 43.8% stake in Repsol's Outpost solar project, located in Webb County, Texas, for $252.5 million (€220 million). -
15 Dec 25
Angola: Maurel & Prom and BW Energy have signed an SPA for the acquisition of Azule Energy’s interests in Blocks 14 & 14K offshore Angola
BW Energy has in a consortium with Maurel & Prom signed an agreement to acquire a combined 20% non-operated interest in Block 14 and 10% in Block 14K offshore Angola from Azule Energy. The entry into Angola is a key step in BW Energy’s West Africa growth strategy and provides further diversification of it's resource base. -
15 Dec 25
DeepOcean awarded IMR contract extension by Equinor
Ocean services provider DeepOcean has been awarded an extension to its existing frame agreement with Equinor for the provision of subsea inspection, maintenance, and repair (IMR) services. -
15 Dec 25
Germany: RWE commissions large-scale solar farms alongside German motorway
RWE continues to keep up the pace with the expansion of its solar portfolio. The company has commissioned several solar farms along a motorway (A44n) in North Rhine-Westphalia following around eight months of construction. The total installed capacity amounts to 86.5 megawatts peak (74.6 MWac). -
15 Dec 25
UK: Offshore Energies UK (OEUK) appoints Serica Energy’s CEO, Chris Cox to the Board
Offshore Energies UK, the leading trade body, is driving the strategic agenda for the offshore energy sector and its stakeholders by appointing Chris Cox, CEO of Serica Energy, to its Board. -
15 Dec 25
UK: Harbour Energy to acquire Waldorf for £170 million
Harbour Energy has entered into an agreement to acquire substantially all the subsidiaries of Waldorf Energy Partners and Waldorf Production, currently in administration, for $170 million. The consideration will be funded through readily available sources of liquidity.
