Latest News
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31 Jul 26
UK: Uniper selects SLB Capturi carbon capture technology for UK power project
SLB Capturi™ has been selected as the preferred carbon capture technology licensor for Uniper’s proposed Connah’s Quay Low Carbon Power (CQLCP) project in Deeside, United Kingdom. The selection follows a competitive front-end engineering and design process that began in December 2024. -
31 Jul 26
Ukraine: EBRD and EU join forces to strengthen Kyiv’s energy security
The European Bank for Reconstruction and Development (EBRD) is doubling its support for Kyiv, Ukraine’s capital and one of Europe’s largest cities, with a new €50 million loan, matching earlier lending in 2024. The loan will support the city’s efforts to strengthen energy resilience, including the deployment of decentralised cogeneration units that can operate independently during national grid outages. -
31 Jul 26
UK: bp to market its North Sea business
bp has announced that it is launching a process to market its North Sea business for a potential sale. The decision forms part of bp's ongoing portfolio review and reflects its disciplined approach to capital allocation - all in service of creating a simpler, stronger and more valuable company. -
31 Jul 26
UK: Prime Minister Andy Burnham gives clear signal of support for North Sea future
Prime Minister Andy Burnham has confirmed he told US President Donald Trump that the UK 'can't ignore' North Sea oil and gas resources, saying he intends to take a 'pragmatic approach' to the basin. -
31 Jul 26
Cyprus: Shell agrees to sell BG Cyprus to MOL Group for up to $720 million
Shell has reached an agreement to sell its 100%-owned subsidiary BG Cyprus Ltd. to MOL Group for up to $720 million. BG Cyprus holds a 35% non-operated interest in the Cyprus Offshore Block 12, containing the Aphrodite gas field in the eastern Mediterranean. -
31 Jul 26
Equatorial Guinea: Europa Oil & Gas (Holdings) provides update on EG-08 Farm-out Agreement
Europa Oil & Gas (Holdings) has provided an update regarding the binding Farm-out Agreement ('FOA') signed by its associated company, Antler Global and Fuhai (Beijing) Energy, a wholly owned subsidiary company of the privately owned Fuhai Group New Energy Holding to farm-out a 40% interest in the EG-08 production sharing contract ('PSC') in offshore Equatorial Guinea. -
31 Jul 26
Germany: First Transition Pieces delivered for Nordlicht offshore wind farm
The TPs for Vattenfall’s project have now been safely loaded out from Port of Aalborg on time. This marks an important milestone in the project and the beginning of their journey to the German North Sea, where they will become part of Nordlicht 1 - set to be Germany’s future largest offshore wind farm. -
31 Jul 26
Brazil: DOF Group announces contract extensions for Skandi Buzios and Skandi Recife
DOF Group has announced two new long-term contract extensions with Petrobras in Brazil. Following successful negotiation with Petrobras, the PLSVs Skandi Buzios and Skandi Recife have secured extensions to their current long-term contracts, ensuring continued operations. -
31 Jul 26
Italy: Enel’s renewable growth strategy continues in Italy through the acquisition of an 84 MW wind farm
Enel, through its wholly owned subsidiary Enel Green Power Italia, has signed and finalized an agreement with WEB Ariano, a company owned by WEB Windenergie AG, for the acquisition of 100% of the share capital of Campo Eolico Ariano – CEA S.r.l. which owns and operates a wind farm located in the Campania region of Italy, with a total installed capacity of 84 MW. -
30 Jul 26
UK: Energy bible confirms renewables generated over half UK’s electricity for second year running
New statistics published today by the Government confirm that renewable energy provided over half of the UK’s electricity for the second year running in 2025, guaranteeing our energy security by generating a record annual percentage of clean power, and outstripping fossil fuels for the fifth time in the last six years. Offshore wind generated its highest annual percentage of electricity ever. -
30 Jul 26
UK companies continue to see a contract boom from Britain’s biggest rewiring since electrification - £110m investment in Scotland’s grid
The latest investment sees energy infrastructure specialists M Group being awarded a £110m contract to deliver vital overhead line upgrades across central and southern Scotland. The Hertfordshire based company will replace over 70 km of overhead line on our strategic Strathaven to Smeaton route (VSRE), which runs from South Lanarkshire to East Lothian. This overhead line is one of the main power corridors between Glasgow and Edinburgh. -
30 Jul 26
DOF Group awarded contracts for 2x AHTS vessels
DOF Group has been awarded firm contracts with a duration of more than 1 year and expected commencement in Q1 of 2027 for two of its AHTS vessels. The expected value of each contract is Significant, which DOF defines as contracts with value between USD 15 and 25 million.
