Latest News
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26 Aug 26
Sri Lanka 2026 Licensing Round (SL2026-01) launched
The Government of Sri Lanka, through the Petroleum Development Authority of Sri Lanka (PDASL), has officially announced the opening of the Sri Lanka Licensing Round 2026 (SL2026-01), offering four offshore exploration blocks in the Mannar Basin (see Map) to qualified international energy companies. -
26 Aug 26
UK: Burnham gives strongest signal yet on more North Sea drilling
Prime Minister Andy Burnham has given his clearest indication yet that his government could allow further drilling in the North Sea, saying Labour must take a 'pragmatic' approach to net zero. In an interview with the Financial Times, Mr Burnham appeared to endorse the position recently set out by Ecotricity founder and Labour donor Dale Vince, who has argued that continued North Sea production can be compatible with the energy transition. -
26 Aug 26
Solstad Offshore announces contract award for CSV Normand Valiant
Solstad Offshore has announced a 2-year contract award with Petrobras for the Normand Valiant, a vessel owned by Solstad Maritime ASA. The vessel will provide accommodation services to support production activities on the Brazilian continental shelf. -
26 Aug 26
UK: Work starts and £100,000 community fund launches at County Durham solar farm
Enviromena, the UK-based independent power producer, has begun construction at the 68MWp Longpasture solar farm in County Durham and launched a £100,000 community benefit fund to support local groups and initiatives. -
26 Aug 26
UK: TotalEnergies Gas & Power secures renewable power from Walney Offshore Wind Farm
TotalEnergies Gas & Power has entered into a long-term Power Purchase Agreement (PPA) with Offshore Partners Walney (OPW), which holds a 24.8% ownership stake in Walney I and II, operated by Ørsted, a combined offshore wind farm with a total installed capacity of 367 MW in the Irish Sea. -
26 Aug 26
UAE: Technip Energies selected by L&T for a significant engineering services contract for ADNOC Offshore in the UAE
Technip Energies has been awarded a significant contract by Larsen & Toubro Energy Hydrocarbon (LTEH) to provide detailed engineering services for a major ADNOC Offshore project in the United Arab Emirates. -
26 Aug 26
Germany: Vestas announces two news orders from JUWI in Germany
Vestas has announced two news orders from JUWI in Germany as part of its Q3 order intake. The orders comprise the 43 MW Mehring II and Breuberg projects. -
26 Aug 26
Canada: TC Energy selects Worley-led team to support next phase of Ontario energy storage project
TC Energy has selected Worley to support the next phase of development for the Ontario Pumped Storage Project, an important milestone as the project continues to advance through the planning and development phase. -
26 Aug 26
US: BCEI awards contracts to Worley supporting US data center expansion
Worley has been awarded three engineering services contracts by Burr Computer Environments, Inc. (BCEI) to provide engineering, detailed design and procurement support services for energy center projects in the United States. -
26 Aug 26
US: SLB launches artificial lift technologies to enhance production efficiency
SLB has launched two artificial lift technologies in U.S. land operations: Harbison-Fischer Deka™ diamond technology for rod pump barrels and the Synthetix™ hydraulic gas lift system. The technologies are designed to address equipment wear and production optimization in challenging and mature well environments. -
26 Aug 26
UK: The North Sea is in decline, but it does not have to be in retreat
The UK North Sea is a mature basin, but the pace of decline is determined by policy, not geology, argues Jon Fitzpatrick, Founder and President of Gneiss Energy. -
26 Aug 26
Falklands: Rockhopper announces Sea Lion independent recoverable reserves and resources evaluation
Rockhopper has announced the results from an updated independent technical report conducted by Netherland, Sewell & Associates, Inc. on behalf of Rockhopper on the Company's Sea Lion field. The New Report incorporates the newly accelerated Central Development Area ('CDA') which the Operator intends to develop utilising the OSX-1 FPSO. The increase in resources combined with the acceleration of development at the CDA and updated commodity price assumptions has led to a significant increase of approx. $788 million in the 2P + 2C Net Present Value of the Rockhopper 35% interest in the Sea Lion development. -
26 Aug 26
Norway: Standing Committee on Energy and the Environment visits Aker BP for dialogue on the future of the Norwegian continental shelf
On Tuesday, 25 August, the Norwegian Parliament’s Energy and the Environment committee visited Aker BP in Stavanger to discuss the future of the Norwegian continental shelf, Norway’s role as an energy supplier to Europe, and how the industry can create as much value as possible with the lowest possible emissions. -
26 Aug 26
Norway: Aker BP has started production from the Skarv Satellites
Aker BP has started production from the Skarv Satellite Project, which comprises the Alve Nord, Idun Nord and Ørn fields in the Norwegian Sea. The project has been executed efficiently, with production starting one year ahead of the original schedule. The developments represent approx. 120 million barrels of oil equivalent of recoverable resources and support further value creation by increasing flexibility and extending the life of the infrastructure around Skarv. -
26 Aug 26
Norway: Shearwater launches industry-backed Norwegian Sea multi-client survey
Shearwater Geoservices has announced a new 3D multi-client seismic survey in the Norwegian Sea. The survey has industry backing and data acquisition is expected to commence in August 2026. -
26 Aug 26
Kongsberg Maritime secures contract for advanced systems on new Solstad / SBM Offshore vessel
Kongsberg Maritime has secured a contract to deliver a fully integrated suite of technology and equipment for a new multi-purpose deepwater installation and construction vessel that will be owned and operated by Solstad Offshore and SBM Offshore. -
26 Aug 26
Fewer countries, higher output from reshaped international portfolio
'Equinor’s international oil and gas portfolio is simplified, improved and set for significant growth. We are on track to grow equity production outside Norway to 950,000 barrels of oil equivalent per day (boepd) by 2030 while generating around USD 20 billion of free cash flow from 2026 to 2030,' said executive vice president Philippe Mathieu at an Offshore Northern Seas (ONS) press briefing in Stavanger.
