Latest News
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03 Mar 26
Germany: TotalEnergies partners with AllianzGI to develop 800 MW of battery storage projects in Germany
As part of its growth in electricity in Germany, TotalEnergies has signed an agreement with Allianz Global Investors (AllianzGI) for the sale of a 50% stake in a portfolio of 11 battery storage projects with a total capacity of 789 MW – 1628 MWh. With this agreement, the partners will deliver an investment of €500 million in critical energy infrastructure for Germany, of which 70% will be financed by the debt. -
03 Mar 26
Norway: Profitable development of tight reservoirs - Norwegian Offshore Directorate
According to mapping conducted by the Norwegian Offshore Directorate, cooperation between the companies, cost reductions and applying new technology can contribute to profitable production from tight reservoirs. There are large quantities of oil and gas in so-called tight reservoirs on the Norwegian continental shelf (NCS). Many of the about 90 discoveries still awaiting a development decision are located in such tight reservoirs. -
03 Mar 26
Indonesia: Final Investment Decision approved for Mako Gas Project
Empyrean Energy refers to the announcement by Conrad Asia Energy that it and its majority-owned subsidiary, West Natuna Exploration, as operator of the Duyung Production Sharing Contract (PSC), have approved the Final Investment Decision ('FID') for the Mako Gas Project, offshore Indonesia. Empyrean continues to hold a participating interest in the Duyung PSC. -
03 Mar 26
Uruguay: Sintana Energy announces commencement of 3D seismic acquisition in AREA OFF-1, offshore Uruguay
Sintana Energy, the Atlantic-margin focused oil and gas company, has announced that the planned 3D seismic acquisition campaign on AREA OFF-1, offshore Uruguay, has commenced. The AREA OFF-1 survey is being carried out by the contractor Viridien, using the BGP Prospector vessel, and will cover a total of approximately 4,300 km2. -
03 Mar 26
Thailand to prioritise domestic energy supply
Valeura Energy acknowledges that Thailand’s Ministry of Energy has, by way of a press release, requested that domestic oil producers cooperate in supporting national energy security in Thailand, in light of disruptions to the normal supply of oil from the Middle East region. This request includes postponing any planned downtime of oil production facilities and temporarily suspending crude oil exports. -
03 Mar 26
Brazil: Petro-Victory Energy begins drilling SJ-12 Well at São João field, Brazil
Petro-Victory Energy Corp has announced the commencement of its previously disclosed well commitment under the Memorandum of Understanding ('MOU') previously announced to the market, marked by the start of drilling on the SJ-12 well at the São João Field in the Barreirinhas Basin, Maranhão, Brazil. -
03 Mar 26
Germany: Nordex Group receives order from Qualitas Energy for 56 MW wind farm in Germany
The Nordex Group has obtained a 56 MW order from Qualitas Energy Deutschland, a company belonging to the Qualitas Energy Group headquartered in Spain. The wind farm will be located near Bad Hersfeld in Hesse. Installation of the first turbine is scheduled for summer 2027, with commissioning planned for end of 2027. -
03 Mar 26
Australia: Sidetrack well into Isabella prospect intersects gas-bearing reservoir
Amplitude Energy has provided an update on drilling operations at the Isabella prospect in the Offshore Otway Basin, Victoria. -
03 Mar 26
INPEX signs SPA to acquire additional shares in INPEX South West Caspian Sea Petroleum
INPEX has signed a share purchase agreement (SPA) following an agreement to acquire 49 percent of the shares in INPEX South West Caspian Sea Petroleum. Through ISWCS, INPEX owns a participating interest in the Azeri-Chirag-Gunashli (ACG) Contract Area in the Caspian Sea offshore the Republic of Azerbaijan. -
03 Mar 26
QatarEnergy to stop production of LNG
Due to military attacks on QatarEnergy’s operating facilities in Ras Laffan Industrial City and Mesaieed Industrial City in the State of Qatar, QatarEnergy has ceased production of liquefied natural gas (LNG) and associated products. -
02 Mar 26
Brazil: OceanPact and CBO announce business combination
OceanPact and CBO have announced, in a Regulatory Filing, the combination of their businesses, to be implemented through the incorporation of CBO’s holding company into OceanPact. Upon completion of the transaction, the combined company will have a fleet of 73 vessels, annual revenue of more than USD 778 MM (R$ 4 billions) and a backlog of USD 2,7 billions (R$ 14 billions). -
02 Mar 26
US: BOEM releases five Beaufort Sea seismic survey datasets
In alignment with President Trump’s Executive Order 14303, 'Restoring Gold Standard Science,' the Bureau of Ocean Energy Management’s Alaska Outer Continental Shelf Region has released five 3D seismic survey datasets from the Beaufort Sea. -
02 Mar 26
Velesto secures 5-year drilling contract for NAGA 2
Velesto Energy has been awarded a drilling contract by PETRONAS Carigali. Under the contract, Velesto’s NAGA 2 jack-up rig will undertake drilling activities, with operations commenced in February 2026 for a firm period of five (5) years. -
02 Mar 26
Telford Offshore announces Middle East status update
Telford Offshore confirms that the company has activated its crisis management protocols and implemented precautionary measures in alignment with guidance from local authorities and in close coordination with clients. The Company currently has vessels located in the UAE and Qatar, and regional offices in Dubai and Doha. -
02 Mar 26
UK: OEG expands offshore wind vessel fleet
OEG, a leading energy solutions company, has expanded its offshore wind vessel fleet with the delivery of Fulmar, its newest multi-purpose crew transfer vessel (CTV), following successful sea trials. Fulmar will operate in UK waters, with its first charter already secured in Scotland, supporting the offshore construction of Inch Cape Offshore Wind Farm.
