Latest News
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27 Jun 25
UK: Department for Energy Security and Net Zero rejects CfD for the Morocco-UK Power Project
The UK Government’s Department for Energy Security and Net Zero (‘DESNZ’) announced today that it is no longer considering a Contract for Difference (‘CfD’) for the Morocco-UK Power Project at this time. -
27 Jun 25
Hungary/Azerbaijan: MOL Group takes delivery of first joint shipment of Azeri crude oil as part of MVM - MOL cooperation
The first joint shipment of Azeri crude oil has arrived at the port of Omisalj on the Adriatic coast as a result of the cooperation between MVM Group and MOL Group. -
27 Jun 25
Vietnam: Petrovietnam and its JV partners sign PSC for Block 15-1
Petrovietnam and its joint venture partners have officially signed the Product Sharing Contract (PSC) for Block 15-1 in the southern continental shelf of Vietnam. The signing officially kicks off Phase 2B of the White Lion Project, a major $1.3 billion investment. -
27 Jun 25
Indonesia: MedcoEnergi acquires Repsol’s participating interest in Corridor PSC
Medco Energi has reached agreement with Repsol E&P to acquire Fortuna International (Barbados), which holds an indirect 24% interest in the Corridor Production Sharing Contract. -
27 Jun 25
Enverus unveils 2024 Top 100 Private Operators: A New era of agility, innovation and strategic shifts
Enverus, the most trusted energy-dedicated SaaS company that leverages generative AI across its solutions, has released its annual list of the most prolific 100 private oil and gas producers in the U.S. based on gross operated production, well count and rig movements across last year. -
27 Jun 25
Soiltech wins work on FPSO
Soiltech has been awarded a contract for fluid treatment on a floating production, storage and offloading vessel – FPSO. The work is expected to be performed in the second half of 2025.
