Latest News
-
12 Feb 26
-
12 Feb 26
UK: New auction delivers unprecedented clean, homegrown power
Britain has taken another significant leap towards energy independence and lower bills as it announces record levels of new solar and onshore wind projects as part of its latest renewables auction. -
12 Feb 26
Noble Corporation reports fourth quarter and full year 2025 results.
Solid fourth quarter performance brought full year 2025 Adjusted EBITDA to the upper half of the original guidance range and contributed to another year of strong free cash flow. -
12 Feb 26
TGS announces Q4 2025 results
TGS has reported interim financial results for Q4 2025. Q4 Revenues of USD 363 million, driven by strong multi-client performance (sales-to-investment of 2.0x for the full year 2025). Solid order inflow of USD 598 million in Q4 2025 - total order backlog increased to USD 706 million. Net cash flow of USD 206 million in 2025. Solid order inflow of USD 598 million in Q4 2025 - total order backlog increased to USD 706 million Net cash flow of USD 206 million in 2025 -
11 Feb 26
Australia: Omega Oil and Gas awarded large new Taroom Trough acreage setting up a transformational 2026
Following a competitive tender process, the Queensland Government has awarded a large, new land area in the Taroom Trough to an Omega-led joint venture comprising Omega Oil and Gas Limited (Omega) 45% and Operator, Tri-Star E&P Ltd (Tri-Star) 30%, and Beach Energy. -
11 Feb 26
Malaysia: PETRONAS launches Malaysia Bid Round 2026, strengthening Malaysia as energy investment hub
PETRONAS has launched the Malaysia Bid Round 2026 (MBR 2026), with the theme 'Advantaged Energy: Accelerating and Shaping Tomorrow', aiming at strengthening Malaysia’s position as a premium investment destination. -
11 Feb 26
Libya: Chevron enters Libya with new block award as part of broader exploration growth strategy
Chevron by its subsidiary Chevron Business Development EMEA Ltd, has entered Libya after it was designated as a winning bidder in the 2025 Libyan Bid Round. Chevron was designated as the winning bidder for Contract Area 106 located in the Sirte Basin. -
11 Feb 26
Libya: Eni awarded a new offshore exploration license in Libya
Eni has been awarded the offshore exploration License O1 following the Libyan NOC’s competitive 2025 open licensing round. The concession has been granted to a consortium led by Eni in partnership with QatarEnergy, marking a significant step forward in strengthening Eni’s upstream position in the country. -
11 Feb 26
Saudi Arabia: Soiltech awarded contract in Saudi Arabia
Soiltech has been awarded a contract with Estedama Environmental Solutions Co to deliver fluid treatment services (STT®) in Saudi Arabia, utilizing Soiltech’s market-leading technologies for waste reduction, waste recovery and reuse. -
11 Feb 26
Spain: Aquaterra Energy secures seven figure, multi-well intervention and abandonment contract offshore Spain
Aquaterra Energy, a leading provider of intelligently engineered products and services for well access and offshore developments, has secured a multi-year, seven figure contract with a global offshore services company. Under the agreement, Aquaterra Energy will deliver a subsea well access solution to support intervention and abandonment activities across 11 wells located offshore Spain. -
11 Feb 26
US: Harbour Energy announces completion of LLOG acquisition
Harbour Energy has completed the acquisition of LLOG Exploration Company LLC ('LLOG') for $3.2 billion, marking the Company’s strategic entry into the US Gulf of America. The Acquisition strengthens Harbour’s global portfolio and establishes a new core business unit alongside Norway, the UK, Argentina and Mexico. -
11 Feb 26
Qatar: Worley selected by Samsung C&T for CO2 sequestration project in Qatar
Worley has been awarded a contract by Samsung C&T Corporation to deliver detailed engineering services for the QatarEnergy LNG Carbon Dioxide Sequestration Project, a carbon dioxide (CO2) LNG sequestration project in Qatar. -
11 Feb 26
UK Government grants consent to Outer Dowsing Offshore Wind Farm in the Southern North Sea
The UK Government has today granted consent for the Outer Dowsing Offshore Wind farm, located in the Southern North Sea, 54km (33 miles) from the Lincolnshire Coast. Once operational, the project will bolster UK energy security producing 1.5GW of renewable power, equivalent to that used by 1.6million homes, or 80% of all the households in the East Midlands. -
11 Feb 26
Santos announces 2025 Annual Reserves Statement and 2025 full year results additional guidance
Santos thas released its Annual Reserves Statement reporting proved plus probable (2P) reserves of 1,484 million barrels of oil equivalent (mmboe) at the end of 2025. This represents an increase of 13 mmboe before production compared with 2024, driven primarily by additions in the Cooper Basin and PNG assets. -
11 Feb 26
TotalEnergies announces Q4 and full year 2025 results
TotalEnergies generates stable cash flow of $7.2 billion in the 4th quarter, despite a drop of more than $5/b in oil prices. In 2025, TotalEnergies reports adjusted net income of $15.6 bn, down 15% year-on-year reflecting oil price decrease while cash flow of nearly $28 bn decreased by only 7% year-on-year, benefiting from the accretive growth of its production -
11 Feb 26
Zelestra agrees €130M syndicated equity-bond facility with Santander, supported by ICO and Cesce
Zelestra, a global, multi-technology, customer-focused renewable energy company, has agreed a €130 million syndicated equity-bond with Santander, which will support up to 500 MW of contracted international projects in Italy, Germany, and the U.S. – aligned with Zelestra’s Green Financing Framework. -
11 Feb 26
Germany: Nordseecluster offshore wind project: Substations ready for installation in German North Sea
A ceremony held today at the Chantiers de l’Atlantique shipyard in Saint-Nazaire, France, marked the successful completion of the design, construction and integration phases of two offshore electrical substations, which will become the operational heart of Phase A of the Nordseecluster offshore wind project, a collaboration between RWE (51%) and Norges Bank Investment Management (49%), which is currently under construction off the German coast. -
11 Feb 26
Malaysia: EnQuest awarded Cendramas PSC partnership in Peninsular Malaysia
EnQuest has announced its wholly-owned affiliate, EnQuest Petroleum Production Malaysia, has received a Letter of Award ('LOA') as a Partner in the Cendramas Production Sharing Contract ('PSC') in partnership with Medco Asia Pacific and DIALOG Resources by PETRONAS through Malaysia Petroleum Management (MPM).
