Latest News
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05 Nov 26UK: Outrage as UK Government moves to outlaw future North Sea exploration
The UK Government has sparked fierce criticism from business and industry leaders after unveiling legislation that would permanently ban new oil and gas exploration licences in the North Sea. The Energy Independence Bill would remove the North Sea Transition Authority's powers to award new exploration licences, raising fresh concerns over jobs, investment and Britain's growing dependence on imported energy. -
05 Nov 26
Netherlands: Cadeler opens Rotterdam office to strengthen European offshore wind operations
Cadeler, a key partner in offshore wind transportation and installation, has opened a new office in Rotterdam, strengthening its presence in one of Europe’s leading maritime and offshore wind hubs. The office will house operations, engineering and technical teams supporting the company’s activities in the Netherlands and beyond. -
05 Nov 26
UK: Public support for UK oil and gas production higher than ever
The British public stand behind the UK oil and gas sector, with 63% supporting continued domestic oil production. New polling commissioned by Offshore Energies UK (OEUK) reveals key insights from voters across the political spectrum on some of the most important issues affecting the energy sector. -
05 Nov 26
Mauritania: Murphy Oil Corporation announces signing of offshore Mauritania production sharing contracts
Murphy Oil Corporation has announced the execution of two production sharing contracts covering the C-10 and Tiof blocks offshore Mauritania. The blocks cover appro. 3.1 million acres. Murphy, through its subsidiaries, will hold a 90 percent working interest and serve as operator, with Société Mauritanienne des Hydrocarbures (SMH) holding the remaining 10 percent carried working interest. -
05 Nov 26
Ireland: Energia Group officially opens Crossmore Wind Farm in Co Clare
Energia Group, one of Ireland’s leading renewable energy infrastructure investors and energy providers, has announced the official opening of Crossmore Wind Farm in Co Clare. The new wind farm is one of three operational wind projects to be developed by Energia Group as part of a wider agreement with Microsoft to bring new onshore wind and solar projects in the grid in Ireland. -
05 Nov 26
Denmark: Vattenfall signs agreements for Danish offshore wind projects
Vattenfall and the Danish Energy Agency have signed the final agreements for the offshore wind projects Hesselø and Holmsland, marking the next step in the development of two of Denmark's future offshore wind farms. The projects were awarded to Vattenfall in Denmark's latest offshore wind tender in August 2026. -
05 Nov 26
Ørsted delivers strong earnings with 19% EBITDA growth, and offshore wind farms Borkum Riffgrund 3 and Revolution Wind reach commercial operations
Ørsted’s Board of Directors has approved the interim financial report for the first nine months of 2026. Ørsted delivered strong financial results, made significant progress on construction projects across three continents, and remains on track to deliver on the 2026 financial guidance. -
05 Nov 26
Paraguay: ATOME announces Villeta Project update
AIM-listed ATOME, the world-leading low-carbon fertiliser developer and the UK's only dedicated international industrial scale low-carbon fertiliser company, has provided an update on its Villeta Project in Paraguay. -
05 Nov 26
UK: Angus Energy announces approval of the Saltfleetby and Brockham licence extensions
Angus Energy has announced that the North Sea Transition Authority ('NSTA') has approved extensions to the production licences covering the Saltfleetby gas field and Brockham field. -
05 Nov 26
Harbour Energy announces $150 million share buyback programme
Harbour Energy has today announced a new $150 million share buyback programme of the Company's ordinary shares. The purpose of the programme is to reduce the Company's share capital and all ordinary shares purchased as part of this programme will be cancelled. -
05 Nov 26
Harbour Energy announces Trading & Operations Update Nov 2026
Harbour Energy has provided an unaudited Trading and Operations Update for the nine months to 30 September 2026. The Company delivered another excellent quarter with production up 9% year-on-year driven by continued strong operational performance and the successful integration of LLOG and Waldorf. This enabled the Company to further upgrade its 2026 production guidance and, given the portfolio’s material exposure to both higher oil and European gas prices, its free cash flow outlook -
05 Nov 26
Qatar: Aker Solutions receives letter of award for engineering scope on the Maydan Mahzam project in Qatar
Aker Solutions has received a letter of award (LOA) from PTSC Mechanical and Construction Limited Company (PTSC M&C) for a sizeable contract for detail design work related to the redevelopment of the Maydan Mahzam oil field offshore Qatar. -
05 Nov 26
Nordex Group delivers strong Q3/2026 results: EBITDA more than doubled and full-year EBITDA margin guidance raised
Nordex Group delivered a strong business performance in the third quarter of 2026. Sales totaled EUR 2.2 billion in Q3/2026, 28.2 percent above the same quarter last year (Q3/2025: EUR 1.7 billion). Earnings before interest, taxes, depreciation, and amortization (EBITDA) for the third quarter of 2026 more than doubled and reached EUR 278.2 million (Q3/2025: EUR 135.9 million) with an improved EBITDA margin of 12.7 percent (Q3/2025: 8.0 percent). -
05 Nov 26
Brazil: DOF Group announces contract extension for Skandi Olinda
DOF Group has announced one new long-term contract extension with Petrobras in Brazil. Following successful negotiation with Petrobras, the PLSV Skandi Olinda has secured an extension to her current long-term contract, ensuring continued operations. -
05 Nov 26
UK: Energy reforms to cut bills and put power back in people's hands
Energy Independence Bill builds on the Budget by delivering a major overhaul of Britain’s energy system, putting affordability and public control at its heart. New laws will underpin plans to scrap gas standing charges, protect household bill savings and crack down on rogue energy companies and landlords. Communities to get a greater stake in clean energy projects, alongside reforms to speed up grid connections. Delivers on manifesto commitment to issue no new oil and gas licences to explore new fields in the North Sea. -
05 Nov 26
UK: INEOS Inovyn secures the future of the UK’s last remaining production facility for a key building block of PVC
INEOS Inovyn completed the acquisition of the UK’s only ethylene dichloride asset, a key building block for PVC, on 30 October. Around 98% of the chlorine used in drinking water treatment is supplied by Runcorn, highlighting the site’s critical importance to public health and national infrastructure. -
04 Nov 26
UAE: Unity strengthens Middle East presence through strategic UAE partnership
Well integrity and decommissioning specialist, Unity has signed an agreement with Consolidated Suppliers at ADIPEC in response to growing demand in the Middle East. As investment in extending the production of mature assets continues to accelerate across the UAE, Unity is deepening its engagement with regional operators, bringing proven expertise from some of the world's most complex well environments -
04 Nov 26
UK: Cadeler selects Fugro for post-installation seabed surveys at East Anglia TWO
Fugro has been awarded a contract by Cadeler to provide post-installation seabed surveys for the East Anglia TWO offshore wind farm in the UK. The work will verify installation quality and provide critical Geo-data to support the safe and efficient construction of the wind farm. Fugro is also providing positioning and construction services to Cadeler at the Hornsea 3 offshore wind farm. -
04 Nov 26
UK: EnergyPathways submits evidence to House of Lords inquiry
Britain’s growing reliance on wind power brings a challenge that’s hard to ignore: what happens when the wind drops and stays low for days, or even weeks? We’ve submitted written evidence to the House of Lords Environment and Climate Change Committee’s inquiry into Dunkelflaute and the risks of electricity intermittency. -
04 Nov 26
UK: Build in Britain or buy from abroad? Energy leaders to debate how UK supply chain wins investment and jobs
Business leaders will explore how the UK can retain skilled jobs, attract investment and capture more value from its offshore energy future at OEUK’s Breakfast Briefing, sponsored by Deloitte, on 10 November -
04 Nov 26
UK: OEUK responds to publication of the Energy Independence Bill
Responding to the government’s publication of the Energy Independence Bill today, David Whitehouse chief executive of Offshore Energies UK, said: 'The government is right to put energy affordability at the heart of this Bill but affordability must go hand in hand with energy security.' -
04 Nov 26
UK: Cadeler signs firm contract to support turbine installation at Dogger Bank C
Cadeler has signed a firm contract to support the transportation and installation of turbines at Dogger Bank C in the UK, the third 1.2GW phase of the world’s largest offshore wind farm in construction. Cadeler’s newbuild installation vessel, Wind Apex, will join the turbine installation campaign from Q3 2027, marking her first deployment following delivery from the shipyard.
