Latest News
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09 May 25
Latvia: Nordex Group and Consolis inaugurate hybrid tower keystones factory in Riga to support Latvia’s first hybrid tower wind project
The Nordex Group, in collaboration with its partner Consolis, celebrated the inauguration of its new hybrid tower production facility in Riga, Latvia. -
09 May 25
Germany: Nordex Group receives order for 49 MW in Germany
The Nordex Group has received its first order from GETEC green energy GmbH. he Nordex Group is supplying and installing seven N163/6.X turbines for the 49 MW Zerbst wind farm in Saxony-Anhalt, Germany. -
09 May 25
Norway announces Awards in Predefined Areas (APA) 2025
Norway's Ministry of Energy announced APA 2025 on 9 May 2025, encompassing the predefined areas with blocks in the Norwegian Sea, Norwegian Sea and Barents Sea. -
09 May 25
VAALCO Energy announces Q1 2025 results
VAALCO Energy has reported operational and financial results for the first quarter of 2025. The Company reports net income of $7.7 million, Adjusted Net Income of $6.3 million and Adjusted EBITDAX of $57.0 million. -
09 May 25
Aker Carbon Capture to sell its 20 percent ownership interest in SLB Capturi to Aker, targeting cash distribution and liquidation
Aker Carbon Capture (ACC) and Aker have announced an agreement whereby Aker will buy the 20 percent ownership interest in SLB Capturi. The agreement forms part of an overall solution for ACC that will optimize value for shareholders by ensuring a significant liquidity event. -
09 May 25
UK: TGS commences comprehensive seabed geophysical survey for RWE and Masdar in the Northeast Coast of England's Dogger Bank South offshore wind
TGS has successfully commenced detailed seabed geophysical surveys for the eastern array of the proposed Dogger Bank South (DBS) offshore wind farms for RWE and Abu Dhabi Future Energy Company PJSC – Masdar. -
09 May 25
TGS reports interim financial results for Q1 2025
TGS reports interim financial results for Q1 2025. TGS reports strong financial performance in Q1 2025. The multi-client segment significantly exceeded expectations, primarily as a result of strong sales of vintage library data in frontier areas. -
08 May 25
Egypt: Capricorn reaches agreement to consolidate, extend and improve Western Desert concessions
Capricorn has been informed by the Egyptian General Petroleum Corporation ('EGPC') that it has approved the consolidation of eight of the Company’s existing Egyptian concession agreements, in which it has a 50% participating interest held jointly with Cheiron Oil and Gas (Operator) into a new, single integrated concession agreement. -
08 May 25
Statkraft stops new development of green hydrogen projects
Statkraft has decided to stop new development of green hydrogen due to increased uncertainty in the market. Parts of the portfolio will be matured before seeking investors to realise the projects. -
08 May 25
UK: National Wealth Fund backs Scottish Power to boost UK grid upgrades
Investment forms part of a wider £1.35bn financing package with National Wealth Fund committing £600m and the rest being provided by several commercial banks. The financing will support new infrastructure, connecting homes and businesses across Great Britain with renewable, homegrown energy from Scotland’s wind farms -
08 May 25
UK/Norway: UK and Norway accelerate clean energy opportunities
British workers and businesses will benefit from more investment in the UK’s clean energy future, with a new partnership signed with Norway. -
08 May 25
Ireland: CPH2 completes Site Acceptance Tests in Belfast
CPH2 has successfully completed the third and final level of the Site Acceptance Tests ('SAT') for its MFE110 electrolyser at Northern Ireland Water’s site in Belfast. This achievement signifies a major step forward in the company’s growth, with the first scaled MFE electrolyser now operational on a customer site. -
08 May 25
Nigeria: ExxonMobil to commit 1.5 billion dollars investment in Nigeria's deepwater oil fields
ExxonMobil has affirmed its long-term commitment to Nigeria’s oil and gas sector with a planned investment of 1.5 billion dollars in deepwater exploration and development. This significant financial commitment, which will be implemented between Q2, 2025 – 2027 focuses on revitalizing production in the Usan deepwater oil field. -
08 May 25
Israel: Zion Oil & Gas announces gas to surface onshore in Israel during initial flowback
Zion Oil & Gas has announced that initial flowback operations from its Megiddo-Jezreel #1 (MJ-01) well re-entry have resulted in gas reaching the surface onshore in Israel. -
08 May 25
Plenitude publishes 2024 financial statements, Sustainability and Impact Report
For the 2024 financial year, Plenitude reported an adjusted operating profit of €604 million and adjusted net profit of €311 million, up 17% and 41% respectively from 2023. The results are in line with the company's growth to over 4 GW of installed capacity in 2024, with more than 10 million retail customers and over 21,000 electric vehicle charging points. -
08 May 25
Mauritania: Oceaneering announces award of inspection, maintenance, and repair contract by bp Mauritania
Oceaneering International announced that its Offshore Projects Group ('OPG') has been awarded a multi-year contract by bp Mauritania Investments for the provision of subsea inspection, maintenance, and repair (IMR) services and remotely operated vehicle (ROV) services in the Greater Tortue Ahmeyim field. -
08 May 25
UK: Industry job losses raise concern for wider sector as OEUK says there is another path for the UK
The representative body for the UK offshore energy sector says the decision to cut a further 250 jobs at one of the UK’s leading oil and gas operators is concerning for the wider industry and for the nation. It comes after Harbour Energy confirmed today it has launched a review of its UK operations. -
08 May 25
Harbour Energy announces trading and operations update
Harbour Energy has provided an unaudited Trading and Operations Update for Q1 2025. The Company had a strong start to the year. Production averaged 500 kboepd in the first quarter, reflecting the addition of the high quality Wintershall Dea portfolio and excellent operational delivery. This, together with improved European gas price realisations and lower unit costs, drove significant free cash flow of c.$0.7 billion.
