Latest News
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22 Sep 26
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22 Sep 26
UK: 'The North Sea transition is running out of time'
A year ago, the North Sea Transition Taskforce warned that the window for delivering a successful energy transition was narrowing. Today, that window remains open, but it is closing fast. The fundamental problem is one of timing and the simple fact that Britain’s traditional energy economy is declining faster than the new one is being built. -
22 Sep 26
UK: Nadara accelerates UK repowering with community-led approach
Nadara, a leading NextGen Independent Power Producer (IPP+) is accelerating the repowering of its UK onshore wind portfolio, with progress at Beinn Ghlas and Lambrigg demonstrating the potential that existing renewable energy sites present for clean power generation and host communities. -
22 Sep 26
UK: Great British Energy opens its doors in Aberdeen as it promises a lasting legacy for generations of energy workers
Great British Energy opens its doors in Aberdeen as it promises a lasting legacy for generations of energy workers. Great British Energy has announced a partnership focussed on supporting the next generation of energy workers in the North East of Scotland, backed by £750,000. -
22 Sep 26
Thailand: Valeura Energy takes Final Investment Decision to proceed with an initial gas development at the Bussabong gas field (Block G3/65)
Valeura Energy has announced that, along with its partner, PTTEP Energy Development Company, a subsidiary of PTT Exploration and Production Public Company ('PTTEP'), it has taken a Final Investment Decision ('FID') to proceed with an initial gas development at the Bussabong gas field (Block G3/65, 40% non-operated working interest) in the offshore Gulf of Thailand ('Phase 1'). -
22 Sep 26
UK risks losing North Sea workforce before green jobs arrive, taskforce warns
The North Sea Transition Taskforce says oil and gas activity is declining faster than offshore wind, carbon capture, hydrogen and other emerging industries are growing, threatening the jobs, investment and supply chain needed to deliver the energy transition. -
22 Sep 26
TGS | 4C Unveils Onshore Wind Intelligence Platform at WindEnergy Hamburg 2026
TGS | 4C, a leading provider of offshore wind market intelligence, has today launched a new Onshore Wind Intelligence Platform, bringing the same project-level insight to the onshore sector. The platform will provide renewable energy professionals with execution-level, project-by-project intelligence to identify opportunities and make more informed commercial decisions across the onshore wind sector. -
22 Sep 26
Norway: Norwegian Offshore Directorate announces production figures for August 2026
Preliminary production figures for August 2026 show an average daily production of 2,073,000 barrels of oil, NGL and condensate. Total gas sales were 10.6 billion Sm3 (GSm3), which is 0.3 (GSm3) less than the previous month. The average daily production of liquids in August was: 1,882,000 barrels of oil, 175,000 barrels of NGL and 17,000 barrels of condensate. Oil production in August is 4.4 percent more than the NOD’s forecast and 4.6 percent more than the forecast so far this year. -
22 Sep 26
Nordex Group expands its Delta4000 series with new N193/7.X turbine
The Nordex Group is expanding its product portfolio with a new variant of its globally successful Delta4000 series. The N193/7.X turbine combines proven technology with targeted enhancements to optimize energy yield, permitting viability, and cost effectiveness. -
22 Sep 26
Mongolia: Petro Matad provides an update on its 2026 Oil Sales Agreement
Despite having issued written confirmation in August to Petro Matad and the Mongolian government that all its internal issues with respect to the 2026 Oil Sales Agreement had been resolved and that export and sale of Petro Matad’s 2026 production would commence, PetroChina has now advised that internal discussions are still ongoing within its head office. -
22 Sep 26
South Africa: Eco (Atlantic) Oil & Gas completes farm down in Block 1 CBK offshore South Africa to Navitas
Eco (Atlantic) Oil & Gas, the oil and gas exploration company focused on the offshore Atlantic Margins, has announced completion of its farm down of a 37.5% working interest in Block 1 CBK offshore South Africa and transfer of Operatorship of the Block to Navitas Petroleum. -
22 Sep 26
Thailand: PTTEP moves forward with Bussabong gas field to support Thailand’s future energy demand
PTTEP has announced the Final Investment Decision (FID) for the Bussabong gas field in the G3/65 Project, with first natural gas production targeted for 2028 to support Thailand’s growing energy demand. -
22 Sep 26
Venezuela: Halliburton signs agreements to support energy development opportunities in Venezuela
Halliburton has announced the signing of memorandums of understanding (MOUs) with Eneva and WESCA to support energy development opportunities in Venezuela and help customers advance projects in the country's oil and gas sector. -
22 Sep 26
McDermott completes $1.05 billion refinancing: Strengthens Capital Structure for continued growth
McDermott International has announced the successful completion of its comprehensive refinancing transaction, including a backstopped $500 million equity financing, a $550 million senior secured Nordic bond issuance and a new long-term letter of credit and guarantee facility. -
21 Sep 26
TGS | 4C Report finds growing divide between offshore wind construction and new investment in 2026 pipeline
Offshore wind is continuing to deliver projects in 2026, but the pipeline of new investment remains under pressure, according to TGS | 4C’s latest quarterly Global Market Overview.
