Latest News
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29 Oct 26
UK: Great British Energy backs industry push to unlock deepwater wind
Global Underwater Hub (GUH) is bringing together leading offshore wind technology developers, installation specialists and industry organisations in Aberdeen next month, with backing from Great British Energy and Crown Estate Scotland, to explore the potential of deepwater fixed wind and the opportunities it could create for the UK supply chain. -
29 Oct 26
US: Woodside signs 20-year LNG supply agreement with QatarEnergy
Woodside has signed a long-term sale and purchase agreement with QatarEnergy for the supply of up to 3 million tonnes per annum (Mtpa) of LNG for 20 years from the Louisiana LNG Project. -
29 Oct 26
Norway: EU Innovation Fund awards EUR 223 million to Aker BP and Höegh Evi for the Atlas CO2 transport and storage project
Aker BP and Höegh Evi have been awarded EUR 223 million from the European Union Innovation Fund for the Atlas Project, a large-scale CCS network connecting European industry with permanent CO2 storage on the Norwegian Continental Shelf. -
29 Oct 26
UK: North Sea workers urged to back letter calling for Rosebank approval
North Sea workers and businesses are being urged to sign an open letter to Prime Minister Andy Burnham calling on the UK Government to approve the Rosebank oilfield before Christmas. -
29 Oct 26
Eni Award 2026: outstanding achievements in energy and environmental research honoured today in the presence of the President of the Italian Republic
Now in its eighteenth edition, the Eni Award is internationally recognised in the research community for its focus on energy and environment, two areas in which greater collaboration across the scientific community is becoming increasingly important. The award reflects the value Eni places on research and technological innovation, as well as the company's commitment to promoting sustainability and access to energy, in line with the United Nations' 17 Sustainable Development Goals (SDGs). -
29 Oct 26
UK: Boralex accelerates expansion in the United Kingdom with the acquisition of Wind2
Boralex has announced the acquisition of Wind2 in the United Kingdom, a platform that has developed approximately 350 MW of well advanced wind projects across Scotland, England and Wales. The transaction also includes the integration of the Wind2 teams based in its two UK offices, significantly strengthening Boralex’s UK presence and capabilities. -
29 Oct 26
Gabon: Borr Drilling provides update on the Prospector 5 rig incident
Borr Drilling has provided an update on the Prospector 5 incident offshore Gabon, first announced by the Company on October 25, 2026. Of the 115 personnel on board at the time of the incident, 110 have returned ashore. -
29 Oct 26
Australia: Georgina Energy announces interim results for the six months ended 31 July 2026
Georgina Energy has presented its unaudited financial statements for the 6 months ended 31 July 2026. Georgina is an early-stage resource company with a strategy of actively pursuing the exploration, commercial development and monetisation of helium, hydrogen and hydrocarbon interests located in the Amadeus and Officer Basins in Northern Territory and Western Australia respectively. -
29 Oct 26
Germany: Vestas wins new order in Germany
Vestas has announced a 43 MW order in Germany as part of its Q4 order intake. -
29 Oct 26
Shell has released its third quarter results and third quarter interim dividend announcement for 2026
Shell Chief Executive Officer, Wael Sawan, said: 'Shell’s relentless focus on operational performance enabled very strong results in a quarter with continued severe disruption to the global energy system. -
29 Oct 26
UK: Nadara completes acquisition of 48MW wind farm
Nadara, a NextGen Independent Power Producer (IPP+) with operations in Europe and the US, has completed an acquisition in the UK of the 48MW Bettyhill Phase 2 Wind Farm, from international developer Eden Renewables. The transaction builds on Nadara's UK portfolio, strengthening its leading position in one of Europe's top onshore wind markets. -
29 Oct 26
UK:Confusion over Acorn future as Government 'reprioritises' carbon capture funding
The Acorn Project in Aberdeenshire has been dealt a major blow in the Budget, with the UK Government cutting carbon capture capital grants to help fund increased defence spending. -
29 Oct 26
UK/US: Union Jack Oil announces Board changes and Corporate update
AIM-listed Union Jack Oil has announced the appointment of Simon Flatt, Peter Brailey and Stuart Watson to the Company’s Board as independent Non-Executive Directors with immediate effect, thereby strengthening corporate governance as promised by the new Board, together with a corporate update. -
29 Oct 26
Trinidad: Touchstone Exploration provides an update on its recent operational activities in the Republic of Trinidad and Tobago
Touchstone Exploration provides an update on its recent operational activities in the Republic of Trinidad and Tobago. Since the Company's September operational update, activities have focused on completing the Karamat interval at the Central block's Carapal Ridge-3 well ('CR-3'"), advancing the WD-4 development drilling campaign and improving production reliability at the Cascadura field. -
29 Oct 26
UK: Reabold welcomes UK Data Centre Covenant
Reabold Resources, the investing company focused on developing strategic gas projects for European energy security, welcomes the announcement made in the UK Government’s Budget yesterday of a new British data centre covenant, which recognises the importance of data sovereignty and supports on-site power generation to enable faster data centre deployment. -
29 Oct 26
Statkraft delivers strong results despite lower generation
Statkraft delivered strong results in the third quarter of 2026 due to significantly higher power prices, while power generation was 7 per cent lower. Profit before tax increased to NOK 5.9 billion from NOK 0.9 billion. Statkraft further improved its financial position and continued to strengthen its core businesses. -
29 Oct 26
Norway: DNO scores North Sea Double
DNO, the Norwegian oil and gas operator, has announced that an appraisal well at the Afrodite gas-condensate discovery has more than doubled estimated recoverable resources to 77–180 million barrels of oil equivalent (MMboe). Also this week, DNO and its license partners approved the development of last year’s Kjøttkake discovery, with first oil scheduled in 2028. -
29 Oct 26
Norway: Aker BP announces Q3 2026 results
Aker BP delivered strong earnings and cash flow in the third quarter, driven by efficient operations, higher sold volumes and strong realised prices. The Yggdrasil and Valhall PWP–Fenris projects passed major offshore milestones and remain on track for first production next summer, while the Skarv Satellites Project came on stream in late August. -
29 Oct 26
BW Energy: Third quarter 2026 report
BW Energy delivered good progress in the third quarter of 2026, with the major development projects advancing on schedule and within budget. The Company extended its strong Dussafu appraisal track record with two discoveries and made a strategic entry into Angola, adding further production and reserves in a basin with material growth potential. -
29 Oct 26
Budget verdict: Sunny outlook with clouds on the horizon, says SEUK
The Government has embraced the benefits of solar and battery technology with a broadly positive Budget, despite cuts and frustrations. More funding for upgrades on social housing, changes to the Contracts for Difference system and reform of legacy subsidies are the headline items for the sectors. -
29 Oct 26
Brazil: Halliburton deploys ROCS technology with Petrobras in a deepwater completion operation in Brazil
Optime, a Halliburton service, completed the first deployment of the Optime Remote Operated Control System (ROCS) service in Brazil, in collaboration with Petrobras. -
28 Oct 26
UK: 2026 Budget missed bigger opportunities says Offshore Energies UK
Today’s Budget took a step forward with a replacement for the damaging Energy Profits Levy but missed the bigger opportunity to address major issues facing domestic energy production, the UK’s net zero ambitions, and the Prime Minister’s ambitions to revitalise British manufacturing industries.
