Latest News
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01 Jul 26
UK/Norway: DOF Group - Subsea construction, mooring, disconnection of existing FSO and connection of replacement FSO contract with TotalEnergies
DOF Group has announced the award of a Large subsea construction, mooring, disconnection of an existing FSO and connection of a replacement FSO contract to its Atlantic region by TotalEnergies for its FSO Unity Replacement Project. -
01 Jul 26
Norway: Harbour Energy achieves first gas at Dvalin North, Norway
Harbour Energy has announced the safe start-up of gas production from its operated Dvalin North project in the Norwegian Sea, delivered ahead of schedule and under budget. Dvalin North is a three well subsea tie back to existing infrastructure via Harbour’s operated Dvalin field, with production now under way from all three wells. -
01 Jul 26
Eni and Mercuria to establish a Global Trading Joint Venture
Eni and Mercuria have signed an agreement to create a joint venture aimed at overseeing energy commodities trading activities across global energy markets. The joint venture, equally owned by Eni and Mercuria, will operate on an independent and unconsolidated basis through a holding structure with international trading hubs, ensuring a truly global operational footprint. -
01 Jul 26
Norway: Transocean announces agreement with Equinor valued at over $1 billion
Transocean has announced its entry into an agreement with Equinor, conditional to license approvals, for the use of three of its harsh environment semisubmersible rigs on the Norwegian shelf. In aggregate, this agreement is worth over $1 billion in contract backlog over seven rig years, excluding additional services. -
01 Jul 26
UK: SSEN Transmission welcomes ‘Beyond 2030 Update’
SSEN Transmission welcomes today’s publication by the National Energy System Operator (NESO) of its ‘Beyond 2030 Update’. This sets out a series of additional new and upgraded electricity transmission network reinforcements across Great Britain that are required to deliver UK and Scottish energy targets. -
01 Jul 26
Vestas awarded new contracts totalling 451MW of turbine orders
Vestas has announced five new orders for a total of 309 MW in Poland, Romania, Latvia, Eastern Europe and Japan, and five new orders in Germany for a total of 142 MW as part of its Q2 order intake. -
01 Jul 26
Australia: Woodside completes Gippsland Basin operatorship transition
Woodside Energy has assumed operatorship of the Gippsland Basin assets, including the Gippsland Basin Joint Venture (GBJV) and Kipper Unit Joint Venture (KUJV), from Esso Australia Resources. This positions Woodside as operator of one of Australia’s most significant domestic energy assets. The Gippsland Basin assets have supplied energy to Australian homes and industry for decades and remain central to east coast energy security. -
01 Jul 26
80 Mile PLC announces Final Results for the Y/E 31 December 2025
80 Mile PLC, the AIM, FSE, and OTC listed exploration and development company with projects in Greenland, Finland and Italy, has announced its final results for the year ended 31 December 2025. -
01 Jul 26
UK: EnergyPathways awarded a Gas Storage Licence for its MESH project
AIM-listed EnergyPathways, the UK energy transition company, has announced that, following the award of a Gas Storage Licence for its MESH project, the Licence work programme has been launched, and a site survey is planned for Q3 2026. -
01 Jul 26
Kuwait: SLB awarded seven-year contract under Kuwait Oil Company's Ahmadi Innovation Valley initiative
Global energy technology company SLB has been awarded a seven-year contract by Kuwait Oil Company (KOC) under the Ahmadi Innovation Valley (AIV) initiative. The agreement will support applied research, technology deployment and digital innovation programs aligned with Kuwait's long-term energy objectives. -
01 Jul 26
US: Shell to sell interest in Gulf of America platform
Shell Offshore Inc., a subsidiary of Shell plc, has agreed to sell its 50% non-operated working interest in the Na Kika platform and associated fields in the Gulf of America as well as its 100% owned Coulomb tieback. The assets will be acquired by subsidiaries of Talos Energy and Ridgewood Energy for a total consideration of $1.7 billion -
30 Jun 26
Namibia: Rhino Resources advances appraisal of Capricornus following confirmation of connected oil-bearing reservoir at Capricornus-1A
Rhino Resources Namibia has provided an update on behalf of the PEL 85 Joint Venture regarding its drilling campaign on Block 2914, offshore Orange Basin, Namibia. The Capricornus-1A appraisal well was drilled in the eastern portion of the Capricornus fairway, which was established by the discovery at the Capricornus-1X well. -
30 Jun 26
Lithuania: Positive Environmental Impact Assessment decision issued for Curonian Nord offshore wind farm
Ignitis Renewables, an international green energy company, has reached another major milestone in the development of the Curonian Nord offshore wind farm. The Environmental Protection Agency has issued a positive decision on the project’s environmental impact, confirming that the project can be implemented, provided the mitigation measures set out in the decision are followed. -
30 Jun 26
Spain: Copenhagen Infrastructure Partners takes FID on large-scale biogas plant in Spain
Copenhagen Infrastructure Partners (CIP), through its Advanced Bioenergy Fund I (ABF I), has reached final investment decision (FID) on what will be one of Spain’s largest biogas plants, Cobirgy, located in La Sentiu de Sió, Lérida (Catalonia). -
30 Jun 26
Norway: Statkraft plans to upgrade Mår power plant in Norway
Statkraft has submitted a licence application to the Norwegian Water Resources and Energy Directorate (NVE) for a new Mår power plant in Rjukan, Tinn municipality, Norway. The new facility will increase power generation by just over 13 percent. The project is Statkraft’s largest project investment in Norway in the coming years and is part of the NOK 70 billion plan to upgrade and further develop Norwegian hydropower. -
30 Jun 26
Aker Solutions awarded contract for offshore wind project
Aker Solutions has been awarded a substantial contract for the delivery of an HVDC substructure for a European offshore wind project by an undisclosed customer. Aker Solutions' scope includes engineering, procurement and construction.
