Latest News
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20 May 26
UK: Cadeler installs first complete monopile foundation at Ørsted’s Hornsea 3 offshore wind farm
Cadeler announced May 14 the installation of the first fully commissioned monopile foundation at Ørsted’s Hornsea 3 offshore wind farm in the UK, marking a major milestone in the execution of one of the world’s largest offshore wind developments. Once completed, Hornsea 3 will become the single largest offshore wind farm in the world, with a total capacity of 2.9 GW – capable of powering more than 3.3 million UK homes with renewable energy. -
20 May 26
Indonesia: bp signs three production sharing contracts in Indonesia
bp and its partners signed three Production Sharing Contracts (PSC) in Indonesia, bringing bp’s total participation in oil and gas blocks in the country to 11. Two of the PSCs are for the Bintuni and Drawa exploration blocks, which are located near existing bp-operated Tangguh LNG in Papua Barat, creating potential for short-cycle development. bp also confirmed its participation in the INPEX-operated Barong block in East Java. -
20 May 26
UK energy industry leaders respond to worsening energy crisis
Offshore Energies UK (OEUK) the North Sea energy trade body, held emergency talks with industry leaders to call for a new co-ordinated response to the escalating global energy crisis caused by the war in Iran. The meeting comes as the UK government moves to relax sanctions on Russia imposed since the invasion of Ukraine, allowing the import of jet fuel and diesel from third countries. -
20 May 26
US: Vestas adds 673 MW to Q2 order intake
Vestas has received orders for 673 MW in the USA for undisclosed projects. -
20 May 26
UK: Carlton Power and Schroders Greencoat reach Final Investment Decision on Barrow Green Hydrogen Project
The Barrow Green Hydrogen Project marks one of the first renewable hydrogen production facilities to reach FID in the UK, and the first Schroders Greencoat and Carlton Power’s joint venture platform – GHECO - has brought into construction. This development, set to enter commercial operation in 2028, aims to support the Government’s low-carbon hydrogen production programme. -
20 May 26
Namibia: Nabrawind has successfully tested its 'crane-less' system for installing wind turbines in extreme wind conditions in Namibia
Nabrawind has successfully tested its 'crane-less' system for installing wind turbines in extreme wind conditions in Namibia. Skylift technology has overcome its greatest technical challenge by completing the installation of the first Goldwind GW165/6000 wind turbine at the InnoVent Diaz wind farm. -
20 May 26
Falklands: Rockhopper comments on Navitas Petroleum's update on Sea Lion development progress
AIM-listed Rockhopper Exploration, the oil and gas company with key interests in the North Falkland Basin ('NFB'), notes the recent update published by Navitas Petroleum (Operator) on Sea Lion development progress. -
20 May 26
Prosafe SE announces operational update April 2026
Prosafe has announced an operational update April 2026. Fleet utilisation for April 2026 was 55%. -
20 May 26
Norway: Norwegian Offshore Directorate grants Aker BP drilling permit for wellbore 15/6-17 in production licence PL 979
The Norwegian Offshore Directorate has granted Aker BP a drilling permit for wellbore 15/6-17 in production licence PL 979. -
20 May 26
Egypt: Capricorn announces ministerial signing of merged concession agreement
Capricorn Energy has announced that the Minister of Petroleum and Mineral Resources has signed the consolidated and amended concession agreement covering eight of the Company's existing Egyptian Western Desert concession agreements in which it has a 50% participating interest held jointly with Cheiron Oil and Gas (the Operator). -
20 May 26
Australia: Georgina Energy executes Hussar EP513 drill contract
Georgina Energy, a helium and hydrogen exploration company with strategic permits in Australia, has executed a drilling contract with Ensign Australia for the supply of the Ensign 970 drill rig for the upcoming drilling at its 100% owned Hussar prospect in EP513, in Q3 2026. -
20 May 26
UK: Ithaca Energy announces first quarter update and results for the three months to 31 March 2026
Ithaca Energy has announced its unaudited financial results for the three months ended 31 March 2026. -
20 May 26
US: South Prudhoe Augusta-1 exploration well targets large-scale stacked resource
88 Energy has provided an update on its recently consolidated South Prudhoe acreage position on Alaska's North Slope (100% working interest, 16.7% royalty). The South Prudhoe lease position covers approx. 52,269 acres within one of the most prolific hydrocarbon fairways on the North Slope, immediately south of the Prudhoe Bay Unit and Kuparuk River Unit. -
20 May 26
South Africa: Navitas Petroleum exercises option to farm into Block 1 CBK, offshore South Africa
Eco (Atlantic) Oil & Gas has announced that, further to the Company's announcement on December 4, 2025, it has signed a definitive agreement to farm down a 37.5% working interest in Block 1 CBK offshore South Africa to Navitas Petroleum. -
20 May 26
BW Energy announces Q1 2026 and strategy update
BW Energy delivered solid operational performance in the first quarter of 2026, advancing all major development projects on plan and cost. The start to the year has been marked by significant strategic progress, with final investment decision made on the Bourdon development and the Golfinho infill wells project. -
20 May 26
Gabon/Brazil: FID on Bourdon and Golfinho wells raising 2028 production target to over 100 kbopd
BW Energy has made final investment decision for the Bourdon development in the Dussafu license offshore Gabon and a campaign of new infill wells in the Golfinho license offshore Brazil. The combined total 2P reserves estimate is 68 million barrels of oil equivalents.
