Latest News
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23 Oct 26
DOF Group agrees sale of Skandi Implementer
DOF Group has agreed to sell the 2018-built subsea construction vessel Skandi Implementer to an undisclosed buyer. The vessel is planned to be delivered to its new owner in Q2 2027. -
23 Oct 26
Norway: Vast gas resources may lie here
The Barents Sea is home to a number of discoveries that could hold vast volumes of gas. A new study could uncover major opportunities for one of these discoveries. -
23 Oct 26
India: OIL achieves a landmark milestone with signing of Special CBM Block RSC
Oil India Limited (OIL) has achieved a landmark milestone in its strategic energy diversification journey with the signing of the Revenue Sharing Contract (RSC) for Special Coal Bed Methane (CBM) Block SRONHP-(CBM)-2026/1 on 15-10-2026. -
23 Oct 26
UK: New plan highlights transmission sector’s role in UK growth
SP Energy Networks CEO, Nicola Connelly, has welcomed the launch of a new industry plan that sets out how the biggest grid upgrade in living memory will boost jobs and growth across the UK. -
23 Oct 26
Iberdrola’s 9M 2026 Net Profit up 10% to € 5.8 billion led by growth in Networks in all geographies
Iberdrola raises FY2026 guidance to double-digit growth and targets delivering double-digit growth for the next five years. -
23 Oct 26
UK: Burnham vows not to sacrifice Aberdeen jobs in pursuit of net zero
Writing in The Guardian, Mr Burnham said that Britain must protect jobs and energy security while building a cleaner future. He said his government's decision to approve the Jackdaw gas field was part of a pragmatic approach to energy policy which recognised that Britain would continue to need oil and gas for decades. -
23 Oct 26
Seatrium and Karpowership sign contract for a series of Whale Class Powership Conversion and Integration Projects
Seatrium and its strategic partner, floating power leader Karpowership, have strengthened their longstanding collaboration with the award of a contract for the development, major conversion and integration of Karpowership's third-generation hydrogen-ready Whale Class Powerships, reinforcing both companies' commitment to delivering reliable, flexible and sustainable energy solutions to meet growing global electricity demand. -
23 Oct 26
Eni: results for the third quarter and nine months of 2026
3Q operational and financial results support further upgrade to FY ’26 outlook with record low debt and enhanced shareholders’ returns through extraordinary dividend and increased buyback. -
23 Oct 26
Australia: Beach to materially expand acreage position in the Taroom Trough in farmout with Elixir Energy
Beach Energy has entered into binding agreements with Elixir Energy and its wholly-owned subsidiaries, to farm-in to its core acreage in the Taroom Trough, Queensland, subject to conditions precedent, including regulatory and other approvals including pre-emptive rights for interests in ATP 2056 and ATP 2057. -
23 Oct 26
UK: EnerMech wins UK Carbon Capture and Storage Pre-commissioning and Commissioning Scope
EnerMech has been awarded a contract to provide specialist pre-commissioning and commissioning services for a major carbon capture and storage (CCS) development in the UK. -
23 Oct 26
UK: Enviromena, the UK-based independent power producer, has acquired the 27.5MWp Parkgate Farm solar project from Innova Renewables
The acquisition is expected to be the first of a number of transactions between the two companies, through which Enviromena expects to acquire 233MWp of solar and 75MW of co-located BESS projects from Innova before the end of 2026. -
22 Oct 26
UK: President Trump: Jackdaw approval is great for Aberdeen
US President Donald Trump has welcomed the UK Government's decision to approve the Jackdaw gas field, describing it as great news for Aberdeen. The President, who owns a golf resort at Balmedie in Aberdeenshire, said the decision would bring wealth and prosperity to the UK and the North-east of Scotland. -
22 Oct 26
UK: Reaction from Professor John Underhill to the UK Government's announcement on Jackdaw
In response to the UK Government approving the Jackdaw gas field and confirming production will start this month, Professor John Underhill, the University of Aberdeen's Director for Energy Transition, gave his reaction. -
22 Oct 26
Egypt: Scatec and EBRD establish renewable energy investment platform in Egypt
Scatec, a leading renewable energy solutions provider, and the European Bank for Reconstruction and Development ('EBRD') have signed a share purchase agreement establishing a renewable energy investment platform for Egypt. The platform will be owned 60% by Scatec and 40% by EBRD. EBRD has committed up to USD 221 million to the platform.
