Latest News
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07 Oct 26
UK: Equinor warns UK risks becoming ‘uninvestable’ if Rosebank or Jackdaw blocked
The boss of Norwegian energy giant Equinor has warned the UK risks becoming 'uninvestable' if the Rosebank or Jackdaw projects are blocked. -
07 Oct 26
Norway: Equinor has updated the cost estimate for Snøhvit Future
On behalf of the partnership, Equinor has updated the cost estimate for Snøhvit Future to NOK 26.5 billion in 2026 value. The timetable for the project remains unchanged, with onshore compression planned to start in 2029 and electrification in 2030. -
07 Oct 26
UK: CNR fined £300,000 for breaching vent consent
CNR has been fined £300,000 for breaching its vent consent on its Ninian fields in the Northern North Sea about 100 miles northeast of the Shetland Isles. CNR was previously fined £250,000 in 2023 for exceeding its vent consent in the same area. -
07 Oct 26
Eidesvik Offshore awarded a contract for the vessel Viking Queen
Eidesvik Offshore has been awarded a contract for the vessel Viking Queen. The firm period is for one well estimated to approximately 290 days with options for further extensions. The contract will commence early 2027. -
07 Oct 26
Valaris announces Contract Awards and Fleet Status updates
Valaris has been awarded new contracts and contract extensions, with associated contract backlog of approx. $220 million, subsequent to issuing the Company’s previous fleet status report on August 5, 2026. -
07 Oct 26
Rystad Energy announces minority growth investment from Marlin Equity Partners and leadership change
Rystad Energy has entered into a definitive agreement for a new minority capital investment from Marlin Equity Partners alongside a planned leadership transition. The new capital will fund Rystad Energy's next stage of expansion across data, analytics, advisory and technology, building on the strategy that has shaped the company since its founding, with Rystad Energy retaining majority ownership following the investment. -
07 Oct 26
6th ASEAN International Conference on Energy and Environment at AEBF-26 spotlights research and innovation to support ASEAN’s Regional Energy Co-Op
The ASEAN International Conference on Energy Environment returns for its sixth edition at the 26th ASEAN Energy Business Forum (AEBF-26) held in conjunction with the 44th ASEAN Ministers on Energy Meeting (AMEM) in Manila, Philippines. The conference is hosted by the Department of Energy of the Philippines (DOE) and organised by the ASEAN Centre for Energy (ACE -
07 Oct 26
Australia: Neoen launches construction of its 346 MW Goyder North Wind Farm in South Australia
Neoen, one of the world’s leading renewable energy companies, has launched construction of its 346 MW Goyder North Wind Farm Stage 1 in South Australia (SA). -
07 Oct 26
Valeura Energy provides Q3 2026 operations update
Valeura Energy has provided an operations and financial update for Q3 2026. Q3 2026 production was exactly on plan, and once again, confirms the Company's guidance expectations for the full year 2026. The Company’s cash position increased to US$384.9 million at 30 September 2026. Valeura has no debt. -
07 Oct 26
New report shows 38% increase in operational floating offshore wind capacity worldwide over past 12 months
RenewableUK’s latest EnergyPulse report on floating offshore wind shows that the capacity of fully operational projects has surged worldwide from 277 megawatts 12 months ago to 382MW today – an increase of 38%. -
07 Oct 26
Turkey: Nordex Group records 389 MW of new orders in Türkiye
In the past weeks of September, the Nordex Group secured several new orders totalling 389 MW in Türkiye – one of its main markets. The contracts include the supply and installation of 56 wind turbines of the Delta4000 series. Each contract also includes a multi-year service and maintenance agreement designed to support high turbine availability and efficient, reliable operation over the long term. -
07 Oct 26
Gabon/Côte d’Ivoire: VAALCO Energy announces positive operational updates
VAALCO Energy has announced successful completion of the offshore Gabon Phase 3 drilling program, including encouraging initial well results on the ETSEM-3H well and demobilization of the rig from the SE Etame platform. Additionally, the Company provided updates on the recently commenced Baobab drilling program offshore Côte d’Ivoire. -
07 Oct 26
US: 88 Energy provides update on the farmout process for the Augusta-1 exploration well at the South Prudhoe Project on Alaska's North Slope
88 Energy has provided an update on the farm-out process and operational preparations for the planned Augusta-1 exploration well at the South Prudhoe Project on Alaska's North Slope. -
07 Oct 26
UK: Orcadian Energy announces Earlham Gigagrid update and Investor Meet Company
Orcadian Energy continues to engage with a number of potential partners on the Earlham Gigagrid project and has learned a lot about the feasibility of building an offshore datacentre over the last few months. The Company will present an update on the Earlham Gigagrid project via Investor Meet Company on 8 October 2026 at 12:30 BST. -
07 Oct 26
Brazil: TechnipFMC awarded flexibles contract by Petrobras
TechnipFMC has been awarded a significant subsea contract by Petrobras, following a competitive bidding process, to supply flexible pipe systems supporting developments offshore Brazil. -
07 Oct 26
Saudi Arabia: KBR awarded offshore engineering contract supporting Aramco’s Marjan field development program
KBR has been awarded a project by Aramco to support the upgrade of facilities across the Marjan offshore field in the Arabian Gulf. Under the contract, KBR will provide engineering and project execution services to support key offshore processing, gas compression, and power infrastructure facilities within the Marjan field. -
07 Oct 26
Where Chemistry Meets Performance: PETRONAS Advances Sustainable Fuel Innovation
PETRONAS’ Advanced Sustainable Fuel (ASF) is powering winning performance for the Mercedes-AMG PETRONAS Formula One Team in Formula One’s first season of advanced sustainable fuels, extending the team’s momentum on track while meeting the sport’s 2026 sustainability requirements. PETRONAS’ Fluid Technology Solutions™ support the team’s integrated power unit at the pinnacle of motorsport. -
07 Oct 26
Indonesia Energy celebrates oil production from K-29 well and rig-up at new WK-5 well location
Indonesia Energy Corporation, an oil and gas exploration and production company focused on Indonesia, has announced, that its President Frank Ingriselli led a delegation in early October to IEC’s Kruh Block in Sumatra, Indonesia to celebrate oil production from the recently drilled K-29 well.
