Latest News
-
30 Jun 25
UK: Viaro Energy strengthens North Sea portfolio through acquisition of Deltic Energy
Viaro Energy has reached an agreement to acquire Deltic Energy via its main operating subsidiary RockRose Energy. Deltic's Selene discovery – one of the largest gas fields in the UK Southern North Sea in the past decade - will be prioritised for development. -
30 Jun 25
Peru: ACCIONA Energía reaches an agreement for the sale of San Juan de Marcona wind farm in Peru
ACCIONA Energía has announced an agreement with Luz del Sur S.A.A., one of Peru’s preeminent energy companies, for the sale of San Juan de Marcona wind farm in the Ica region of Peru for up to US$253 million -
30 Jun 25
Shelf Drilling announces five-year extension for the High Island V jack-up rig
Shelf Drilling has secured a five-year extension for the High Island V jack-up rig. The extension is in direct continuation of the rig’s current contract with the same customer, extending the commitment until July 2030. The total added contract value is approx. USD 133 million. -
30 Jun 25
Azimut and Eni Next partner for energy innovation: strategic collaboration in the asset management and energy sectors to accelerate energy tech
Eni Next and Azimut Group signed a collaboration agreement, under which Azimut will launch a new European Long Term Investment Fund (ELTIF) of venture capital, leveraging also Eni Next’s consulting and expertise on technological developments in the energy sector. The launch of the ELTIF is expected in September 2025 and the fund will support investments in the energy tech sector. -
30 Jun 25
Norway: Equinor announces oil discovery in the Johan Castberg area in the Barents Sea
Equinor has struck oil in exploration well 7720/7-DD-1H, Drivis Tubåen, on the Johan Castberg field in the Barents Sea. The well was drilled in the Drivis structure on the Johan Castberg field in the Barents Sea. According to preliminary estimates the size of the discovery is 9-15 million barrels of oil. -
30 Jun 25
Spain: Plenitude announces the start of operation of Renopool in Spain, its largest photovoltaic park
Plenitude has started operations at the northern block of its Renopool photovoltaic plant, located, in the municipality of Solana de los Barros, in Badajoz (Extremadura), Spain, with an installed capacity of 130 MW. Once completed and starts operating at the end of 2025, Renopool will be the largest solar park built by the company globally, consisting of seven plants across two blocks with a total installed capacity of 330 MW. -
30 Jun 25
Wood announces extension of PUSU deadline
Wood has successfully requested a further extension to the date by which Sidara is required either to announce a firm intention to make an offer for Wood or to announce that it does not intend to make an offer. -
30 Jun 25
Chariot announces 2024 final results
AIM-listed Chariot, the Africa focused energy company, has announced its audited final results for the year ended 31 December 2024. Over the past five years, Chariot has been focused on developing scalable transitional energy projects across the African continent. -
30 Jun 25
UK: Serica Energy announces resumption of production operations at Triton FPSO
AIM-listed Serica Energy has announced that, having already completed repairs, scheduled maintenance work at the Triton FPSO has now also been completed and the process to restart production operations is underway. -
30 Jun 25
Jamaica: United Oil & Gas announces NEPA Permit Publication and Warrant Extension re Jamaica licence
AIM-listed United Oil & Gas, the oil and gas company with a high impact exploration asset in Jamaica and a development asset in the UK, notes that the National Environment and Planning Agency (NEPA) in Jamaica has published its decision to grant an Environmental Permit and a Beach Licence in relation to the planned offshore technical programme within the Walton Morant Licence. -
30 Jun 25
Vietnam/Philippines: Coro Energy announces Corporate Update
Coro Energy, the South East Asian renewable energy developer, has provided an update across its clean energy portfolio in Vietnam and the Philippines. -
30 Jun 25
UK: EnergyPathways announces Annual Results and notice of AGM
AIM-listed EnergyPathways, an energy transition company, has announced the publication of its Annual Results for the year ended 31 December 2024. Having started the year with ambitions to develop the Marram gas field as a small-scale low carbon footprint gas development, the Company has now matured a project of national significance and of major scale that can make a material contribution to the UK government's ambitious energy transition targets. -
30 Jun 25
US: Zephyr Energy announces full year results for Y/E 31 December 2024
Zephyr Energy has announced its audited results for the year ended 31 December 2024. The Company has continued to deliver on its dual-strategy of building an income-generating non-operated asset portfolio in the Williston Basin, U.S. in parallel with the pursuit of increased value through the development of the project in the Paradox basin, Utah, U.S. -
30 Jun 25
Norway: Ormen Lange phase III starts production, adding important gas volumes to Europe
Ormen Lange, operated by Shell, has started subsea compression to boost production from the gas field, ahead of plan and below budget. The project is an important contributor to reaching Vår Energi’s target of producing more than 400 thousand barrels of oil equivalent per day in fourth quarter this year. -
30 Jun 25
UK: West of Orkney Windfarm granted offshore consent
The West of Orkney Windfarm has been granted offshore consent by the Scottish Government – a major milestone for the multi-billion pound, 2 gigawatt offshore wind scheme. -
30 Jun 25
US: Coastal Bend LNG initiates development of 22.5 Mtpa LNG export facility
Coastal Bend LNG has initiated development of a 22.5 million ton per annum (Mtpa) natural gas liquefaction and export facility on the Texas Gulf Coast. Coastal Bend LNG’s planned development will include up to five 4.5 Mtpa liquefaction trains, cogeneration, LNG storage tanks, and export facilities for shipping, bunkering, and ISO containers. Carbon capture, transport, and storage will be integrated into Coastal Bend LNG’s facilities. -
30 Jun 25
Centrica and PTT sign Heads of Agreement for long-term LNG supply
Centrica and PTT have signed a Heads of Agreement for a long-term LNG supply deal. Under the agreement, PTT will supply LNG to Centrica for a 10-year period across a range of destinations in Asia, with deliveries expected to begin in 2028. -
30 Jun 25
DNV-led joint industry project validates wind farm control technology unlocking new revenue streams for operators
DNV has successfully concluded a landmark joint industry project (JIP) validating the feasibility of wind farm flow control technology (WFFC). Launched in 2023, the initiative has brought together 20 industry leaders to develop the most comprehensive dataset and methodology for assessing WFFC performance to date. -
30 Jun 25
Zimbabwe: Invictus Energy provides update on PPSA and National Project Status for the Cabora Bassa Project
Invictus Energy has provided a positive update on the progress of the Petroleum Production Sharing Agreement (PPSA) for its 80%-owned and operated Cabora Bassa Project in Zimbabwe, along with the agreement to award of National Project Status – a key milestone in the Project’s development journey. -
30 Jun 25
Santos enters into a Process Deed with XRG
Santos has entered into a process and exclusivity deed with XRG, a subsidiary of Abu Dhabi National Oil Company and lead investor of a consortium including Abu Dhabi Development Holding Company and Carlyle (the XRG Consortium) in relation to the XRG Consortium’s non-binding indicative proposal to acquire 100% of the issued shares of Santos -
30 Jun 25
Malaysia: PETRONAS welcomes 20 global startups to its FutureTech corporate accelerator programme
PETRONAS has selected 20 high potential startups for the fourth edition of its FutureTech accelerator programme. The selected startups, representing seven countries, are advancing innovative solutions aligned with the programme’s three key themes: Future of Industry and Work, Future of Energy and Future of Chemicals and Materials. -
30 Jun 25
UK: Balfour Beatty secures £833 million Net Zero Teesside contract
Balfour Beatty, the international infrastructure group, has been awarded an £833 million contract by Technip Energies to act as the construction partner for Net Zero Teesside Power – an Onshore Power, Capture and Compression project and poised to be the world’s first gas-fired power station with carbon capture and storage. -
30 Jun 25
UK: Oil & Gas to wind cross-skill pilot success in Grangemouth and Aberdeen
Delivering an integrated technician workforce for a just energy transition between oil and gas to wind has moved a step closer, thanks to a pilot cross-skill programme in Aberdeen and Grangemouth. -
30 Jun 25
Brazil: Fugro awarded four multi-year contracts by Petrobras
Petrobras has announced tender results awarding Fugro four significant multi-year contracts for the inspection and monitoring of critical subsea infrastructure in Brazil. The combined value of the contracts over the next four years is approximately USD 340 million. -
30 Jun 25
Congo Brazzaville: Eni launches its first agri-hub in the Republic of the Congo
Eni has inaugurated, in the central-southern part of the Republic of the Congo, the first vegetable oil extraction plant in the country. The initiative marks the beginning of industrial-scale vegetable oil production for biorefining. -
30 Jun 25
Suriname: TotalEnergies acquires 25% interest in Block 53
TotalEnergies has signed an agreement to acquire the 25% interest held by Moeve (formerly known as CEPSA) in Block 53, offshore Suriname. Block 53 lies directly east of Block 58, where TotalEnergies (40%, operator) and its partners announced the Final Investment Decision for the GranMorgu development in October 2024. -
30 Jun 25
Wood Group notified of an investigation by the Financial Conduct Authority
Following the independent review first announced by John Wood Group on 7 November 2024, the Company has been notified by the Financial Conduct Authority (the 'FCA') of its commencement of an investigation into the Company covering the period from 1 January 2023 to 7 November 2024.
