Latest News
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12 Nov 26
US: MMA reopens comment period for proposed Arctic exploratory drilling rule
The Marine Minerals Administration is reopening the public comment period for a proposed rule to update federal regulations governing exploratory oil and gas drilling on the Arctic Outer Continental Shelf. -
12 Nov 26
Guyana: ExxonMobil advances next phase of Guyana development with Longtail
ExxonMobil has made a final investment decision for the Longtail development offshore Guyana following required government and regulatory approvals. Longtail, the eighth development located in the southeastern portion of the Stabroek block, is expected to come online in 2030. -
12 Nov 26
UK: Cadeler secures exclusive agreement for a full-scope offshore wind project
Cadeler has signed an exclusivity agreement with an undisclosed client for wind turbine and foundation installation at a large-scale offshore wind farm in the UK. -
12 Nov 26
The Prime Minister's address on behalf of Norway at the COP31 UN Climate Change Conference
'We can bring the world on track. And Norway will do its part. We will cut emissions by 70-75 % by 2035. We will become a low-carbon society in 2050. We have established timelines for phasing out fossil fuels,' said Prime Minister Jonas Gahr Støre. -
12 Nov 26
UK: Major milestone reached on flagship UK battery storage project
A major milestone has been achieved at Ampeak’s Uskmouth Sustainable Energy Park, one of the UK's largest battery storage sites, with the successful completion of the delivery of all of the batteries and key components for the Afon Wysg 1 (AW1) project. -
12 Nov 26
Norway: SLB selected by Vår Energi for integrated drilling services offshore Norway
Global energy technology company SLB has been selected by Vår Energi as its main integrated drilling services supplier for the Transocean Barents and Deepsea Bergen rigs on the Norwegian Continental Shelf. The Two harsh-environment semisubmersibles will continuously drill exploration and development wells during this period. -
12 Nov 26
Foreign Secretary Ed Miliband's speech at the Clean Energy Transition & Electrification Summit at COP31
The Foreign Secretary delivered a speech at the 'Clean Energy Transition & Electrification Summit' event at COP31 in Antalya on 11 November 2026. -
12 Nov 26
The Crown Estate intends to launch a new offshore wind leasing round in the first half of 2027
The Crown Estate intends to launch a new offshore wind leasing round in the first half of 2027. The leasing round could accommodate a capacity of around 6GW or more, predominantly through fixed-bottom turbines off the coast of the North East of England. -
12 Nov 26
Closer alignment between UK and EU on energy policy will cut bills and boost energy security
WindEurope and RenewableUK have joined more than 40 major companies and industry organisations in calling for a closer energy partnership between the UK and EU, to bring down electricity bills, strengthen energy security and accelerate the development of clean power across Europe. -
12 Nov 26
Impact Oil & Gas announces completion of corporate reorganisation
Impact Oil & Gas, a privately owned, Namibia-focused exploration and development company, has announced that, following receipt of the required regulatory and joint venture approvals, it has completed the corporate reorganisation announced on 26 May 2026. -
12 Nov 26
Cameroon: Murphy Oil Corporation announces signing of offshore Cameroon Production Sharing Contracts
Murphy Oil Corporation has announced the execution of four production sharing contracts covering the Elombo, Etinde Exploration, Ntem, and Tilapia blocks offshore Cameroon. -
12 Nov 26
China: CNOOC Limited announces major breakthrough in ultra-deep oil and gas exploration in Central Bohai
CNOOC Limited has drilled and discovered a high-yield volcanic oil and gas well in ultra-deep formations over 5,000 meters deep in Bohai, marking a major breakthrough in ultra-deep natural gas exploration offshore China. -
12 Nov 26
SBM Offshore Q3 2026: Strong Financial Performance and Growth Outlook
SBM Offshore delivered a strong Q3 2026 performance, with revenue up 77% to US$6.3 billion, reduced debt and improved full-year revenue and profit forecasts. Projects are progressing well, fleet availability remains high at 99%, and the company is well positioned for future growth, with 16 potential FPSO opportunities over the next three years. -
12 Nov 26
Vestas reports 6% revenue growth to EUR 5.7 billion in Q3 2026
Vestas reported a 6% increase in third-quarter 2026 revenue to EUR 5.7 billion, with operating profit rising to EUR 483 million and its combined wind turbine and service order backlog reaching EUR 77.9 billion. The company narrowed its full-year revenue forecast to EUR 20.5–21.5 billion, reflecting improved profitability and continued growth in its offshore wind and service businesses. -
12 Nov 26
China: Viridien secures Sinopec Geophysical Corporation order for 80K Sercel land nodes, reinforcing its global leadership in nodal seismic technology
Viridien has announced that its Sensing & Monitoring business line, marketed under the Sercel brand, has been awarded a contract for 80,000 additional WiNG land seismic analog nodes by Sinopec Geophysical Corporation (SGC), a global geophysical exploration services company, further expanding its existing Sercel nodal fleet. The equipment will be deployed on major oil and gas exploration programs in China. -
12 Nov 26
Namibia: TGS awarded OBN contract offshore Namibia
TGS, a leading global provider of energy data and intelligence, has announced the award of an OBN contract offshore Namibia. A deep-water crew is scheduled to mobilize in Q4, with the contract expected to have a duration of approximately 120 days. -
12 Nov 26
DOF Group announces Financial Report for 3rd quarter 2026
DOF Group reported strong third-quarter 2026 results, with revenue rising to USD 615 million and EBITDA increasing to USD 240 million. The Group also reported a USD 7 billion order backlog, continued vessel sales and a quarterly dividend of USD 0.40 per share. -
12 Nov 26
Energy Holdings: Seabird Exploration signs new contract for Fulmar Explorer
SeaBird Exploration, a wholly owned subsidiary of SED Energy Holdings, has been awarded a contract for ocean bottom node (OBN) source work in West Africa. SeaBird will deploy the Fulmar Explorer for the campaign. The total contract duration, including mobilisation and demobilisation, is approximately six months, with mobilisation expected to commence in December 2026. -
12 Nov 26
New IntelliTTCE™ service provides early well insight for offshore plug and abandonment planning
Halliburton has announced the IntelliTTCE™ service, a through-tubing cement evaluation service that helps operators verify zonal isolation before plug and abandonment (P&A) operations. The service verifies barrier integrity before abandonment, helping operators avoid unnecessary tubing retrieval and plan P&A campaigns around real well conditions. -
12 Nov 26
UK: Prime Minister hails major investment in UK renewables
Thousands of jobs will be supported as two major offshore wind projects mark progress towards delivering clean homegrown energy for millions of homes, ahead of the Prime Minister’s travel to the COP31 Leaders’ Summit in Türkiye.
