Latest News
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09 Dec 25
Oman: Kistos acquires interests in Block 9 and Blocks 3 & 4, onshore Oman
Kistos, an independent energy company focused on generating value across the upstream and midstream markets, has entered into a binding agreement to acquire a 5% working interest in Block 9 and a 20% working interest in Blocks 3 & 4 from Mitsui E&P Middle East B.V., both located onshore in the Sultanate of Oman. -
09 Dec 25
Gabon: VAALCO Energy spuds first well in Phase Three Drilling Program offshore Gabon
VAALCO Energy has commenced its Phase Three Drilling Program offshore Gabon with the spudding of the ET-15 infill well on the Etame platform. -
09 Dec 25
UK: Guidance on the application for a Carbon Dioxide Appraisal and Storage Licence (December 2025)
On 8 December 2025, the North Sea Transition Authority published updated Guidance on the Application for a Carbon Dioxide Appraisal and Storage Licence. -
09 Dec 25
UK: TechnipFMC awarded significant flexible pipe contract by Ithaca Energy
TechnipFMC has been awarded a significant contract by Ithaca Energy for flexible risers on the Captain development in the U.K. North Sea -
09 Dec 25
US: Antero Resources announces strategic transactions with Marcellus acquisition and Utica divestiture
Antero Resources has entered into a definitive agreement to acquire the upstream assets of HG Energy II for total consideration of $2.8 billion in cash. In addition, Antero announced it has entered into a definitive agreement to sell its Ohio Utica Shale upstream assets. -
09 Dec 25
Brazil: Equinor’s first hybrid power complex starts operations
Equinor takes a new step in the power business with the launch of its first hybrid power complex that combines solar and wind resources. Equinor and its Brazilian subsidiary Rio Energy have started commercial power production at the Serra da Babilônia Solar facility in Brazil. -
08 Dec 25
Noble Corporation announces planned divestment of six jackups
Noble Corporation has announced that the Company has signed definitive agreements to sell six jackups, which includes the sale of five rigs to Borr Drilling for $360 million and a separate transaction for the sale of one rig to Ocean Oilfield Drilling for $64 million in cash. -
08 Dec 25
UK: The North Sea Strategy is a roadmap to ruin - INEOS Group
The UK’s North Sea oil and gas industry has powered the nation for over 50 years. Yet the Government’s decision in the November Budget to maintain the Energy Profits Levy (EPL) at 38% - giving a headline tax rate of 78% - threatened that resource in minutes. -
08 Dec 25
UK: OEUK responds to First Minister energy paper
Offshore Energies UK (OEUK) has responded to the publication of the SNP’s energy paper published by First Minister John Swinney, which sets out the party’s ambitions for Scotland’s energy future. The paper highlights the scale of Scotland’s energy and economic opportunity and the role of affordable energy in supporting households, businesses, and growth. -
08 Dec 25
US: TotalEnergies announces the commencement of trading of its ordinary shares on the NYSE
TotalEnergies has announced the commencement of trading of its ordinary shares on the New York Stock Exchange ('NYSE'), replacing the listing of its American Depositary Receipts ('ADRs'). -
08 Dec 25
Poland: Subsea7 awarded contract offshore for BC-Wind project in Poland
Subsea 7 has announced the award to Seaway7, part of the Subsea7 Group, of a sizeable contract by Ocean Winds for the BC-Wind project. The BC-Wind offshore site is located in the Baltic Sea, approx. 23 kms off the Polish coast, and will comprise 26 wind turbine generators. -
08 Dec 25
A renewables-based energy system will save Europe €1.6 trillion
WindEurope’s latest study done in cooperation with Hitachi Energy shows that even when accounting for the grids, storage and back-up, a system running on high shares of renewables is the cheapest by far. -
08 Dec 25
A Pebble in Time
Merlin Energy Resources associate, Dr Jonathan Bujak, is donating his sixth edition copy (published in 1842) of Gideon Mantell’s 'Thoughts on a Pebble' to the Geological Society. This precious book will be entrusted to the Geological Society for safe preservation so that it can be appreciated by many generations of geologists and geoscientists to come. -
08 Dec 25
Germany: Fewer turbines, five times the output: RWE commissions modernised Lasbek wind farm
Following extensive modernisation and a construction period of just one year, RWE has commissioned its new Lasbek wind farm. In the municipality of Lasbek in the Stormarn district of Schleswig-Holstein, the company replaced six existing turbines with a total capacity of 10.8 megawatts (MW) with four new, more powerful turbines, with a total capacity of 22.8 MW.
