Latest News
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02 Jul 25
Namibia: Licence period extension secured and new exploration program launched at PEL 93
88 Energy has provided an update on its partnered activities at Petroleum Exploration License 93 ('PEL 93') in the Owambo Basin, onshore Namibia. The Company holds a 20% working interest in PEL 93 in a Joint Venture with Monitor Exploration. -
02 Jul 25
UK: Union Jack Oil reports resumption of production at Keddington Oilfield
Union Jack Oil, a UK and USA focused onshore hydrocarbon, production, development, exploration and investment company, has announced that following major site upgrades during 2024 and 2025, production has recommenced at the Keddington Oilfield. -
02 Jul 25
Norway: DNO secures North Sea gas offtake and related USD 500 million financing facility
DNO, the Norwegian oil and gas operator, has announced that the Company’s wholly-owned Norway operating subsidiaries have entered into an offtake agreement with France’s ENGIE for DNO’s Norwegian gas production and secured a related offtake financing facility with a major US bank for up to USD 500 million. -
02 Jul 25
Norway: TGS awarded offshore wind site characterization contract
TGS, a global leader in energy data and intelligence, has announced the award of a contract for offshore wind site characterization, including acquisition, imaging and interpretation services offshore Norway. Ramform Vanguard will start acquisition in early July, with a duration of approx. 25 days. -
02 Jul 25
US: Energy Secretary announces updated NEPA procedures to end permitting paralysis and unleash American energy
The U.S. Department of Energy (DOE) has announced new updates to the Department’s National Environmental Policy Act (NEPA) procedures, fixing the broken permitting process and delivering on President Trump’s pledge to unleash American energy dominance and accelerate critical energy infrastructure. -
02 Jul 25
Malaysia: Velesto secures PTTEP drilling contract for NAGA 5 in 2025–2026 campaign
Velesto Energy has been awarded a drilling contract by PTTEP for its 2025–2026 drilling campaign in Malaysia. Under the contract, Velesto will assign NAGA 5, one of its premium jack-up rigs, to drill a firm 15 wells with operations scheduled to commence in June 2025. -
01 Jul 25
UK: Steel frames in place on Agratas site mark a major milestone in the construction of the UK’s flagship battery manufacturing facility
The first steel frames on the Agratas site near Bridgwater, Somerset are now in place, marking a major milestone in the construction of the UK’s flagship battery manufacturing facility. -
01 Jul 25
Brazil: DOF Group awarded two long term contracts with Petrobras in Brazil
DOF Group has announced two new contracts in Brazil. Skandi Logger, an AHTS with 250t bollard pull built in 2009, has been contracted for a 4-year engagement with Petrobras and Skandi Achiever has been contracted as RSV for a 4-year engagement with Petrobras. -
01 Jul 25
UK: Landmark Cleve Hill Solar Park reaches commercial operations
Cleve Hill Solar Park in Kent is now exporting at 100 percent of its 373 MW dc capacity, which is more than four times the size of the next largest operational UK solar project. -
01 Jul 25
Versalis Oilfield Solutions: a new company to offer products and services for the oil drilling industry
Versalis, Eni’s chemical company, has announced that, as of 1 July 2025, it will transfer its Oilfield Chemicals business unit into the newly established company Versalis Oilfield Solutions. -
01 Jul 25
UK Government publishes Solar Roadmap
The Solar Roadmap, produced through collaboration with industry, presents a comprehensive strategy and clear plan of action to achieve the significant increase in solar deployment needed to support the delivery of clean power by 2030, as set out in the government’s Clean Power Action Plan. -
01 Jul 25
Germany: RWE to produce solar power for KRONOS TITAN at Nordenham site
RWE and KRONOS TITAN are breaking new ground in the sustainable energy supply of industrial sites. RWE plans to build and operate a ground-mounted photovoltaic plant with an output of 24.7 megawatts peak on a 20-hectare site at the KRONOS location in Nordenham, Lower Saxony. -
01 Jul 25
UK: Southwold Fishermen’s Association hook a £10k share of Hornsea 3 cash
Fishermen in Southwold are celebrating the arrival of new equipment for the whole community after being awarded the first ever grant from Ørsted’s Hornsea 3 Fishing fund.
