Latest News
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08 Oct 25
Philippines: Sunda Energy awarded awarded two high impact exploration blocks in Philippines licence round
Sunda Energy, the AIM-quoted company focused on gas in Southeast Asia, has been awarded non-operated interests in two Petroleum Service Contracts for offshore licence areas in the 1st Conventional Energy Bid Round of the Bangsamoro Autonomous Region of Muslim Mindanao ('BARMM') in the Philippines. -
08 Oct 25
US: Pantheon Resources announces successful completion of fracture stimulation operations at Dubhe-1 well on Alaska's North Slope
Pantheon Resources, the oil and gas company developing the Kodiak and Ahpun projects immediately adjacent to pipeline and transportation infrastructure on Alaska's North Slope, has announced the successful completion of the hydraulic fracture stimulation on the Dubhe-1 well. -
08 Oct 25
UK: Serica Energy provides update on production at Triton FPSO
Serica Energy has announced that an issue with the flare system on the Dana Petroleum operated Triton FPSO resulted in a temporary suspension of production from 30 September. The production deferral means that Serica now expects production to be below the previously communicated 29,000 to 32,000 boepd guidance range. -
08 Oct 25
UK: ABLE secures decommissioning contracts from Allseas for two of TAQA UK’s flagship platforms.
ABLE has secured decommissioning contracts from Allseas for two of TAQA UK’s flagship platforms. ABLE has been awarded contracts by leading offshore contractor Allseas to dismantle, reuse and recycle two of the most significant North Sea decommissioning topside projects to date - TAQA UK’s Cormorant Alpha and Tern. -
07 Oct 25
Namibia: ReconAfrica provides drilling update regarding Kavango West 1X exploration well in Namibia
Reconnaissance Energy Africa ('ReconAfrica') has provided an operational update regarding the Kavango West 1X exploration well, onshore Namibia. The Kavango West 1X well is testing a very large structural closure in the Otavi section measuring almost 20 kms long by 3 kms wide. -
07 Oct 25
Libya: Eni North Africa restarts exploratory drilling in the offshore area northwest of Libya in Contract Area D (MN 41)
Eni North Africa, the Italian energy company, has resumed its exploration activities in the offshore area northwest of Libya, specifically in Block 16/4, after a hiatus of more than five years. This comeback includes re-entering the exploratory well C1-16/4 (also known as BESS-3), where drilling operations were previously halted in 2020 due to the COVID-19 pandemic. -
07 Oct 25
EMGS provides vessel activity and multi-client sales update for the third quarter 2025
EMGS has provided a vessel activity and multi-client sales update for the third quarter 2025. At the end of the third quarter 2025. At the end of the third quarter 2025 the Company had one vessel on charter, the Atlantic Guardian. The utilization for the third quarter was 24% compared with 40% for the third quarter 2024. -
07 Oct 25
Norway: Equinor granted consent for exploration drilling in Block 7018/5 in the Barents Sea.
The Norwegian Ocean Industry Authority (Havtil) has granted Equinor consent for exploration drilling in Block 7018/5 in the Barents Sea. The well will be drilled by the COSL Prospector semi-submersible drilling unit to test the Vikingskipet Prospect in PL 1236. -
07 Oct 25
Azerbaijan: SOCAR and SLB sign cooperation agreement on redevelopment of Bahar and Gum Deniz fields
SOCAR and SLB have signed an agreement to accelerate the redevelopment of the Bahar and Gum Deniz fields in the Caspian Sea. This partnership envisages the identification of promising production zones, the development of comprehensive reservoir modeling, and the design of well and drilling rig programs to support the Early Production Scheme (EPS) at the fields. -
07 Oct 25
Nicola Mavilla appointed Senior Vice-President Exploration of TotalEnergies
TotalEnergies has announced the appointment of Nicola Mavilla as Senior Vice President Exploration of the Company, with effect from 1st November 2025. Nicola Mavilla is replacing Kevin McLachlan, who held this position since 2015. -
07 Oct 25
Denmark: Tyra II inaugurated: The culmination of Denmark’s largest energy project
October 6 marks the official inauguration of Tyra II, concluding TotalEnergies’ and the Danish Underground Consortium’s (DUC) work on rebuilding Denmark’s largest ever offshore project. Tyra II restores Denmark’s self-sufficiency and once again makes the country a net exporter of natural gas. -
07 Oct 25
Wood calls meeting in Aberdeen to seek shareholder approval to sanction a temporary disapplication of the Group's borrowing limit
John Wood Group has today, 7 October 2025, posted to shareholders a circular including a Notice of General Meeting to be held at Sir Ian Wood House in Aberdeen. The Board is seeking shareholder approval to sanction a temporary disapplication of the Group's borrowing limit. -
07 Oct 25
Dolphin Drilling awarded $60 million contract with Repsol
Dolphin Drilling has announced the contract fixture of its semi-submersible drilling rig BORGLAND DOLPHIN to REPSOL, a major Spanish multinational energy and petrochemical company, which represents approximately USD 60 million in firm contract backlog. DOLPHIN will commence well, plug and abandonment operations in late 2026. -
07 Oct 25
Italy: Reabold Resources agrees €16 million earn out to bring Colle Santo to next phase of development
Reabold is selling its total interest in LNE to Beacon Energy for a €16 million earn out mechanism pursuant to which Reabold will receive 25% of its pro rata share of the net cash flow from the Colle Santo project once on production. Colle Santo is an onshore gas field in Abruzzo, Italy, discovered in 1966. -
07 Oct 25
Brazil: AKOFS Offshore signs contract for 'AKOFS Santos'
Akastor ASA’s 66.7% owned affiliate AKOFS Offshore has signed a firm contract for its vessel 'AKOFS Santos' following a competitive tender process. The vessel will continue to perform services as a Multi-Purpose Supply Vessel (MPSV) for Petróleo Brasileiro S.A. (Petrobras) in Brazil. -
07 Oct 25
UK: Muir Mhòr team backs seabird conservation and marine research
The Muir Mhòr Floating Offshore Wind Farm, a joint venture between Vattenfall and Fred. Olsen Seawind, continues to demonstrate its commitment to environmental stewardship through a series of initiatives supporting Scotland’s marine biodiversity.
