Latest News
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26 Jun 26
Egypt: Dana Gas reports significant drilling success in Egypt
Dana Gas, the Middle East’s largest regional private sector natural gas company, has announced encouraging results from its Egypt drilling programme, together with the receipt of additional payments totalling AED 79 million ($21.5 million), marking the full settlement of all overdue receivables in Egypt and the continuation of full and timely payments by the Egyptian Government. -
26 Jun 26
Italy: Iberdrola inaugurates Fénix, its largest photovoltaic plant in Italy with 243 MW
Iberdrola has inaugurated its largest photovoltaic plant in Italy in Sicily. With 243 MW, Fénix is already in operation and its annual production is close to 400,000 MWh, enough to cover the equivalent consumption of more than 140,000 homes. -
26 Jun 26
Romania: Nordex Group reaches further milestone in Romania’s Pestera II wind project with start of turbine manufacturing and site preparation
Following last year’s order intake (Q4/2025) for the 392 MW Pestera II wind farm project in Romania, the Nordex Group has reached the next execution milestone with the start of turbine manufacturing and initial site preparation works. In parallel, contracts for certain long-lead items, such as anchor cages, have already been placed to ensure the timely execution of the project. -
26 Jun 26
DOF Group awarded 3-year contract for Skandi Involver
DOF Group has through its North America subsea region been awarded a Very Large contract for Skandi Involver. Commencement of the contract will be early Q3 2026 and the duration is 3 years firm plus two one-year options. Under the agreement, DOF will perform subsea construction, inspection and maintenance activities as well as well intervention support. -
26 Jun 26
Pathfinder Clean Energy (PACE) secures €100m facility from RGREEN INVEST to accelerate growth
Pathfinder Clean Energy (PACE) has secured a pivotal €100m convertible bond investment from INFRAGREEN V, the flagship infrastructure fund managed by RGREEN INVEST. The investment will accelerate the ongoing construction of PACE’s UK clean energy assets and the continued expansion of its development pipeline. -
26 Jun 26
US: Zephyr Energy announces acquisition of additional Paradox Basin acreage
Zephyr Energy has announced a step-change increase in its operated land position in the Paradox Basin, Utah, U.S. (the 'Paradox project') through the successful acquisition of an additional 27,000 acres under Federal and state leases in Utah. -
26 Jun 26
Kistos announces full-year results for the year ended 31 December 2025
Kistos, an independent energy company focused on unlocking value within its existing portfolio and through value-accretive M&A, has provided its audited full-year results for the year ended 31 December 2025. -
26 Jun 26
Norway: High Equinor activity creates value and jobs across Norway
High activity related to Equinor’s operations in Norway contributed NOK 142 billion in value creation and 82,000 full-time man-years in Norway in 2025. The ripple effects increased from the previous year, and a high level of activity in operations, exploration and new projects will contribute to continued strong value creation across the country. -
26 Jun 26
Archer in advanced negotiations for a large integrated P&A contract
Archer is in advanced negotiations for a large contract for plug and abandonment ('P&A') services. The potential contract relates to a multi-year P&A scope involving drilling, compact workover unit and well services. -
26 Jun 26
Norway: Ocean Installer awarded major contract from Vår Energi
Ocean Installer, a wholly owned subsidiary of Moreld, has been awarded a major contract for the Balder Next New Wells Project under the company's Strategic Partnership with Vår Energi. -
25 Jun 26
UK: Eco Wave Power has announced the pricing of its registered direct offering with a single strategic institutional investor
Eco Wave Power Global, a leading innovator in onshore wave energy technology, has announced the pricing of its registered direct offering with a single strategic institutional investor. Gross proceeds from the Offering are expected to be $4.0 million. -
25 Jun 26
Norway: Equinor submits for public consultation a proposed programme for the environmental impact assessment of a possible Wisting field development
Equinor and its partners have submitted for public consultation a proposed programme for the environmental impact assessment of a possible Wisting field development in the Barents Sea. Wisting is the largest oil discovery on the Norwegian continental shelf yet to be developed, with estimated recoverable volumes of just under 500 million barrels of oil equivalent. -
25 Jun 26
India: ONGC and bp sign Technical Services Contract to enhance production from fields in the Western Offshore Basin
After the Technical Services Provider (TSP-1) contract for Mumbai High, ONGC and bp have signed a new Technical Services Contract on 25 June 2026. Under the agreement, bp has been appointed as the TSP for ONGC’s fields in the Western Offshore Basin. -
25 Jun 26
IWS Fleet secures its first charter contract with another major wind turbine manufacturer
Integrated Wind Solutions has announced that its subsidiary, IWS Fleet, has secured additional employment for its Skywalker-class CSOVs, reflecting continued strong demand. -
25 Jun 26
Europe needs a binding 2040 renewables target – or risk losing energy security, investment and industrial leadership
WindEurope is calling on EU Energy Ministers to commit to a binding renewables target for 2040 ahead of their energy policy discussions on 26 June. Without it, Europe risks stalling the investment momentum that has made renewables its most powerful energy security tool. -
25 Jun 26
NatPower and Tesla sign a strategic agreement for more than 25 GWh of Battery Energy Storage Systems in Europe
NatPower and Tesla have entered into a multi-year supply and execution agreement covering more than 25 GWh of battery energy storage systems (BESS) across European markets.
