Latest News
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13 Apr 26
TotalEnergies and TPAO sign MoU on exploration opportunities
TotalEnergies and Türkiye Petrolleri Anonim Ortakligi (TPAO) have signed a Memorandum of Understanding (MoU) on exploration opportunities. The MoU provides a framework for technical collaboration, including a joint assessment of exploration opportunities in the Black Sea region of Türkiye as well as internationally. -
13 Apr 26
Brazil: Petrobras announces new discovery of hydrocarbons in deep waters in the pre-salt layer of the Campos Basin
Petrobras has identified the presence of hydrocarbons in the pre-salt layer of the Campos Basin , in an exploratory well drilled in Sector SC-AP4 of the Campos Basin, block CM-477 . The well 1-BRSA-1404DC-RJS is located 201 km off the coast of the state of Rio de Janeiro , at a water depth of 2,984 meters. -
13 Apr 26
Austria: Emma Delaney proposed as new CEO of OMV
The Presidential and Nomination Committee of OMV Aktiengesellschaft ('OMV') has decided to propose Emma Delaney to the plenary of the Supervisory Board for appointment as Chairwoman of the Executive Board and CEO, as of September 1, 2026, succeeding Alfred Stern. -
13 Apr 26
Borr Drilling provides operational and contracting updates
Borr Drilling has provided operational updates on its fleet, including developments related to the ongoing situation in the Middle East, and announced a new contract commitment. -
13 Apr 26
UK: Great British Energy - Nuclear and Rolls-Royce SMR sign contract to deliver the UK’s first SMRs
Great British Energy - Nuclear (GBE-N) has signed a contract with Rolls-Royce SMR, formally commencing technology design activities that will enable the delivery of the UK’s first Small Modular Reactors (SMRs) as part of the Government’s clean energy mission. Rolls-Royce SMR was selected as the preferred technology partner in June 2025, and £2.6 billion was allocated in the 2025 Spending Review to enable this contract and wider programme delivery. -
13 Apr 26
Brazil: Strong shareholder response to Iberdrola’s takeover bid for Neoenergia
Fllowing the auction relating to the takeover bid launched on 24 November – a standard procedure for this type of transaction in Brazil – Iberdrola will acquire an additional 14,2 % stake in its subsidiary Neoenergia, bringing its total stake to 98 %. -
13 Apr 26
Brazil: Solstad Maritime announces contract extension for Normand Fortress
Solstad Maritime has announced a two year extension of the current contract for the CSV Normand Fortress with Petrobras. The gross contract value for the contract extension is approximately USD 56 million. -
13 Apr 26
Congo (Brazzaville): TotalEnergies announces a hydrocarbon discovery on the Moho license, offshore the Republic of Congo
TotalEnergies EP Congo (63.5%, operator) has announced a hydrocarbon discovery on the Moho license, offshore the Republic of Congo, following the drilling of the MHNM-6 NFW exploration well targeting the Moho G structure. -
13 Apr 26
Namibia: Eco (Atlantic) Oil & Gas announces farm down of Namibian portfolio to BP
Eco (Atlantic) Oil & Gas, the oil and gas exploration company focused on the offshore Atlantic Margins, has signed an agreement to farm down 60% Participating interest in all three of its Petroleum Exploration Licenses ('PEL') offshore Namibia to BP Namibia Energy, a wholly owned subsidiary of BP Exploration Operating Company. -
13 Apr 26
Israel: Energean provides update on restart of production from the Energean Power FPSO
Energean has announced that the Energean Power FPSO is now fully operational. Following notification from the Ministry of Energy and Infrastructure, production was restored to regular levels within 48 hours, delivering natural gas to customers in accordance with contractual requirements. -
13 Apr 26
UK energy security in the spotlight as industry and defence experts gather in Aberdeen
As events in the Middle East and Ukraine dominate the global agenda and disrupt energy markets, this month’s OEUK Security and Resilience conference will once again bring together security specialists and industry leaders to discuss protecting a critical part of the UK’s national infrastructure: the North Sea and its energy system. -
13 Apr 26
Norway: Vår Energy announces first quarter 2026 trading update
Vår Energy has announced a first quarter 2026 trading update. Vår Energi will publish its financial report for the first quarter 2026 on 22 April. Today, the Company provides an update on production, sales volumes and other relevant items. -
13 Apr 26
TGS Q1 2026 Operational Update
TGS, a leading global provider of energy data and intelligence, has published a quarterly operational update. Based on preliminary financial review TGS expects multi-client investment to be approximately USD 178 million in Q1 2026, compared to USD 129.7 million in Q1 2025. -
13 Apr 26
US: Ovintiv announces closing of Anadarko asset sale
Ovintiv has closed the previously announced all cash sale of its Anadarko assets, located in Oklahoma, for $3.0 billion. After customary closing adjustments, proceeds from the sale are expected to total approx. $2.85 billion. -
13 Apr 26
Türkiye to conduct overseas exploration and drilling activities for the first time with the Curad-1 well off the coast of Somalia
The Turkish energy fleet will conduct exploration and drilling activities in an overseas region for the first time. The fleet’s newest member, Çagri Bey, will open a new chapter in energy history by drilling in an oil-prospective area at the Curad-1 well off the coast of Somalia. -
13 Apr 26
UK: Hexicon completes divestment of the TwinHub Project
Hexicon has entered into and completed a Sales and Purchase Agreement (SPA) with a leading global provider of advanced maritime and offshore engineering solutions regarding the divestment of the TwinHub project company, Wave Hub Ltd in Cornwall, UK. -
12 Apr 26
Italy: Sonnedix secures 7.9TWh of contracts in Italy’s Energy Release 2.0 mechanism
Sonnedix, a global renewable energy company with 12GW of total capacity, has secured 7.9TWh of contracts in Italy’s Energy Release 2.0 mechanism, winning 11.7% of the total awarded volume. -
12 Apr 26
UAE: ADNOC Gas shareholders approve record $3.6 billion dividend for full year 2025
ADNOC Gas and its subsidiaries have confirmed shareholder approval of all agenda items at its Annual General Meeting ('AGM'), including a record $3.584 billion dividend for 2025, with a final dividend of $896 million payable in May.
