Latest News
-
28 Oct 26
-
28 Oct 26
Cyprus: Baker Hughes wins significant subsea production systems and services award for Eni’s Cronos gas development
Baker Hughes, an energy technology company, announced Wednesday a significant contract from Eni to provide subsea production systems and services for its deepwater Cronos gas development offshore Cyprus. -
28 Oct 26
Venezuela: Eni relaunches production at Junín-5 in Venezuela
Eni has announced the start of operations at the Venezuela’s supergiant Junín-5 field, less than two months after the signing of the 'Contrato de Participación Productiva de Hidrocarburos' on 2 September, in the presence of Acting President Delcy Rodriguez and Eni CEO Claudio Descalzi, in the context of the visit to Caracas by US Secretary of Energy Chris Wright. -
28 Oct 26
France: Greenvolt Next signs an agreement with Carrefour Property to deploy solar carports across up to 120 retail stores in France
Greenvolt Next, a Greenvolt Group company specialised in decentralised renewable energy solutions for the commercial and industrial sectors, has signed an agreement with Carrefour Property to deploy photovoltaic carport installations across retail store car parks fully owned by Carrefour in France. -
28 Oct 26
A new approach to environmental monitoring: SeaMe lays the foundations for a comprehensive assessment of the marine environment in offshore wind farms
The SeaMe project (Sustainable Ecosystem Approach in Monitoring the marine Environment) has successfully completed its initial offshore test phase. Over the past two years, innovative monitoring technologies such as drones, AI-assisted camera systems and an autonomous underwater vehicle have been tested under real-world conditions off the German island of Heligoland and at RWE's Kaskasi offshore wind farm. -
28 Oct 26
Strohm to supply gas production jumpers for ultra-deepwater project in Southeast Asia
Thermoplastic composite pipe (TCP) manufacturer Strohm has been awarded a medium sized contract to supply four TCP jumpers for installation in an ultra-deepwater field in Southeast Asia. -
28 Oct 26
US: 88 Energy secures A$15.5 million for Augusta-1 well farmout and South Prudhoe Project work programme on Alaska's North Slope
88 Energy has announced the execution of a binding Participation Agreement and Joint Operating Agreement (together the Farm-out Agreement) with Westlawn Americas Offshore LLC (WAO), for the South Prudhoe Project on Alaska's North Slope. The transaction delivers up to US$10.9 million (A$15.5 million) towards the drilling and evaluation of the Augusta-1 exploration well and South Prudhoe work-programme and budget. -
28 Oct 26
UK: Rosebank, Acorn and energy bills to take centre stage in Chancellor’s Budget
The future of Rosebank, fears over funding for the Acorn carbon capture project and plans to cut household energy bills will dominate the North-east’s attention as Chancellor John Healey delivers his first Budget today. -
28 Oct 26
US: TotalEnergies enters 26 Chevron-operated offshore exploration blocks, strengthening the successful U.S. partnership
TotalEnergies has announced the acquisition of a 25% working interest in 26 Chevron-operated exploration leases offshore the United States. As part of the transaction, Chevron also acquires from TotalEnergies a 75% operated interest in two exploration leases adjacent to existing jointly held exploration leases. -
28 Oct 26
Ghana: Tullow awards DeepOcean subsea riser retermination project
Global ocean services provider DeepOcean has been awarded a contract by Tullow Ghana to execute a riser retermination project at the Jubilee field offshore Ghana. The gas lift riser in question runs between the FPSO Kwame Nkrumah and the subsea production system at the Jubilee field. -
28 Oct 26
Denmark: BlueNord announces Q3 2026 Results
BlueNord has announced its financial results for the third quarter of 2026, reflecting an overall strong performance both operationally and financially, mainly driven by higher production and favourable commodity prices. -
28 Oct 26
RES’ Smart Pilot tech now flies on smaller, lower-cost drones
RES, the world’s largest independent renewable energy company, has made its Smart Pilot turbine blade inspection technology available for smaller drones, including the DJI Matrice 4E. These smaller drones cost less than their larger counterparts and deliver comparable image quality in good conditions, giving wind farm owners a lower-cost way to inspect their fleets. -
28 Oct 26
Australia: Georgina Energy announces Hussar EP513 mobilisation update
Georgina Energy, a helium, hydrogen and natural gas exploration and development company with strategic permits in Australia, advises that it is currently working with Ensign Energy Services on a plan for mobilising the Ensign Rig 970 to site. -
28 Oct 26
Aker Solutions third-quarter results 2026
Aker Solutions continued to deliver solid financial results in the third quarter of 2026. Several milestones have been met across the project portfolio in the period. The company now expects 2026 revenue to be between NOK 53 and 55 billion with an EBITDA margin between 7.5 and 8.0 percent excluding net profit from SLB OneSubsea. -
28 Oct 26
Equinor third quarter 2026 results
Equinor delivered an adjusted operating income of USD 12.35 billion in the third quarter of 2026. Equinor reported a net operating income of USD 11.95 billion and a net income of USD 2.54 billion. Adjusted net income was USD 2.86 billion, leading to adjusted earnings per share of USD 1.20. -
28 Oct 26
UK: Nearly 50,000 jobs supported by Scotland's renewable energy industry, new report finds
Scotland’s renewable energy industry supported an estimated 49,200 full-time equivalent jobs and £14.9 billion of economic output in 2024, new research shows. The independent report by the University of Strathclyde’s Fraser of Allander Institute, commissioned by Scottish Renewables, also found the industry supported £5.1 billion of gross value added (GVA), underlining its role as a major driver of Scotland’s economy. -
28 Oct 26
US: IPAA applauds Trump Administration for changes to OOOOb/c, recognizing vital role marginal wells play in U.S. Economy
Edith Naegele, President & CEO of the Independent Petroleum Association of America (IPAA) issued a statement today following President Trump’s announcement that the Environmental Protection Agency (EPA) will revise burdensome methane regulations affecting oil and natural gas producers. -
28 Oct 26
Cubico’s Frodsham Solar project granted development consent
Cubico Sustainable Investments has announced that its Frodsham Solar project in Cheshire has been granted development consent by the Secretary of State for Energy Security and Net Zero. -
27 Oct 26
Saipem and Modern Drilling Company join forces to pursue new offshore drilling opportunities
Saipem and Modern Drilling Company (MDC), one of the leading drilling contractors in Egypt and across the Middle East and North Africa (MENA) region, have signed a Memorandum of Understanding (MoU) to explore new cooperation opportunities in offshore drilling, starting from the Egyptian market and potentially extending to other countries of mutual interest. -
27 Oct 26
Cyprus/Ghana: Saipem awarded two new offshore drilling contracts with a total value of approx. USD 121 million
Saipem has been awarded two new offshore drilling contracts with a total value of approx. USD 121 million. -
27 Oct 26
Brazil: OEG secures seven-year tank deal amid growth in Brazil's offshore sector
OEG, a global energy solutions company, has signed a seven-year agreement to supply 50 offshore chemical tanks to a major speciality chemicals company in Brazil, as operators move to lock in long-term access to equipment amid tightening supply.
