Latest News
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01 Sep 25
European Energy posts solid H1 2025 results, achieves record construction activity and launches landmark e-methanol facility
European Energy has delivered solid operational and financial results in the first half of 2025, marked by record construction activity, significant project milestones, and further expansion into green fuels and energy storage solutions. -
01 Sep 25
Brazil: Karoon Energy reports Baúna Project reserves upgrade
In November 2020, Karoon completed the acquisition of 100% of Concession BM-S-40, comprising the Baúna and Piracaba producing oil fields and the Patola discovered resource (collectively known as the Baúna Project) from Petrobras. Karoon has recently upgraded Baúna Project Reserves. -
01 Sep 25
US: Trump’s Transportation Secretary terminates and withdraws $679 million from doomed offshore wind projects
U.S. Transportation Secretary Sean P. Duffy withdrew or terminated a total of $679 million in funding for 12 doomed offshore wind projects across America. This action will ensure federal dollars are prioritized towards restoring America’s maritime dominance and preventing waste. -
01 Sep 25
Norway: Equinor granted drilling permit for well 6407/1-B-2 H
The Norwegian Offshore Directorate has granted Equinor a drilling permit for well 6407/1-B-2 H in production licence PL 1121. -
01 Sep 25
UK: Wales clean growth map reveals £9 billion clean energy and industrial decarbonisation opportunity for Welsh regions
RenewableUK Cymru and Net Zero Industry Wales have unveiled a landmark ‘Wales Clean Growth Map’, highlighting a £9 billion investment opportunity for the Welsh economy from renewable energy projects and low-carbon industries across the country. -
01 Sep 25
Canada: BW Offshore signs Head of Agreement with Equinor for Bay du Nord FPSO
BW Offshore has signed a Head of Agreement (HoA) with Equinor Canada, confirming its selection as preferred bidder for the Floating Production, Storage and Offloading (FPSO) unit for the Bay du Nord project offshore Newfoundland and Labrador, Canada. -
01 Sep 25
France: RWE has commissioned 83 megawatts of wind and solar capacity in France
Over the summer, RWE commissioned four new wind farms and one solar plant with a total installed capacity of 83 megawatts (MW) in France. -
01 Sep 25
Norway: New dashboard provides insight into exploration activity on the NCS
Exploration activity is crucial for future oil and gas production on the Norwegian Continental Shelf (NCS). The Norwegian Offshore Directorate has launched a new dashboard that offers easy access to statistics on exploration wells and technical discovery rates. Exploration wells statistics. -
01 Sep 25
Netherlands: Dutch government awards grant for electrolyser project at Eemshaven
The Netherlands Enterprise Agency (RVO) has granted RWE a funding of 551 million euro for its 100-megawatt (nominal installed capacity) electrolysis project near the Magnum Power Station in Eemshaven in the north of the country. -
01 Sep 25
Norway: Equinor drills dry well in the Barents Sea (7117/4-1)
Equinor and its partners have drilled a dry well in the 'Deimos' prospect. Wildcat well 7117/4-1, which was drilled in production licence 1238, 135 kms west of the Snøhvit field, will be permanently plugged and abandoned. -
01 Sep 25
Trinidad: Predator Oil & Gas announces completion of acquisition of Challenger Trinidad and forward plans
Predator Oil & Gas Holdings has advised that the previously announced transaction for the purchase of the entirety of Challenger Energy Group's St. Lucia-domiciled subsidiary company, Columbus Energy (St. Lucia) Limited ('CEG Trinidad') and its business and operations in Trinidad and Tobago has been completed. -
01 Sep 25
Republic of the Congo: TotalEnergies awarded new exploration permit
TotalEnergies (50%, operator), together with its partners QatarEnergy (35%) and the national company SNPC (15%), has been awarded the Nzombo exploration permit in the Republic of the Congo. -
01 Sep 25
Tower Resources agrees to extend £500,000 bridge loan with Prime Resources
Tower Resources, the AIM-listed oil and gas company focused on Africa, has agreed to expand its Bridge Loan, initially announced on 26 March 2025. The purpose of the Bridge Loan has been to provide the Company with working capital flexibility in preparation for the drilling of the NJOM-3 well on the Thali license in Cameroon. -
01 Sep 25
Indonesia: Coro Energy announces extension to the long stop date for the sale of its interest in the Duyung PSC
Coro Energy, the South East Asian renewable energy developer, has announced an extension to the long stop date for the sale of its interest in the Duyung PSC which was previously announced on 10 April 2025 and 14 May 2025. -
01 Sep 25
Eco Atlantic announces results for the three-month period ended 30 June 2025
Eco (Atlantic) Oil & Gas, the oil and gas exploration company focused on the offshore Atlantic Margins, has announced its unaudited results for the three-month period ended 30 June 2025, and the appointment of Gadi Levin as Chief Financial Officer ('CFO'). -
01 Sep 25
Sunda Energy announces interim results for the six months ended 30 June 2025
Sunda Energy, the AIM-quoted exploration and appraisal company focused on gas assets in Southeast Asia, has announced its unaudited interim results for the six months ended 30 June 2025. The Company continues to evaluate and pursue new business opportunities in line with its growth strategy in the Southeast Asia region. -
01 Sep 25
Congo Brazzaville: Nguya FLNG sail away: Wison New Energies and ENI open a new chapter for energy development in the
Wison New Energies and Eni successfully held the NGUYA FLNG Project Sail Away Ceremony & 30M Manhours LTI Free Celebration. This milestone highlights a breakthrough in global floating liquefied natural gas (FLNG) technology and execution excellence, while showcasing the outstanding capabilities of Chinese enterprise in delivering world-class energy infrastructure. -
01 Sep 25
Equinor to participate in Ørsted Rights Issue
Equinor has assessed the proposal put forward by the Board of Directors of Ørsted A/S on 11 August 2025 for a Rights Issue with pre-emptive rights for existing shareholders. Following dialogue with Ørsted, Equinor has decided to support the proposal to strengthen Ørsted’s balance sheet in response to the current industry challenges.
