Latest News
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18 Feb 26
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18 Feb 26
Nigeria: PetroNor E&P completes agreement to acquire New Age’s interests in OML 113
PetroNor E&P has completed the agreement to acquire New Age’s interests in OML 113 in Nigeria which contains the Aje Field. This further consolidates the joint venture partnership, aiding the plans for the re-development of the Aje field. -
18 Feb 26
Viridien announces strategic initiative to advance HPC for seismic imaging workflows with NVIDIA
Viridien, an advanced technology and digital solutions company, has announced a collaboration with NVIDIA to transform seismic imaging workflows by leveraging NVIDIA HPC platforms and Viridien’s expertise in Subsurface Imaging technologies and HPC & Cloud Solutions. -
18 Feb 26
Guyana: Wood, Massy and Tagman launch new joint-venture business in Guyana
Wood, Massy and Tagman today announced the launch of WMT Guyana, a new JV operating company in which Tagman holds a 51% shareholding. WMT Guyana brings together the proven capabilities of Wood, Massy, and Tagman to deliver engineering led studies and design services, brownfield maintenance and modifications, and early-phase project and operational readiness solutions. -
18 Feb 26
UAE: Lamprell awarded EPC contract for UAE-based onshore gas facility
Lamprell has been awarded an EPC contract by Dubai Petroleum for the Dubai Supply Authority’s Margham gas storage and processing facility in the UAE, which forms part of the wider Sunrise Development Programme. -
18 Feb 26
Italy: Zelestra proceeds with construction at the 9.5 MW Bellomo agrivoltaic plant in Italy
Zelestra, a global, multi-technology, customer-focused renewable energy company, has started construction at its second solar plant in Italy. The 9.5 MWdc Bellomo project, located in Modica, is the first agrivoltaic plant Zelestra has developed in Sicily. -
18 Feb 26
UK: First foundations for Ørsted’s Hornsea 3 Offshore Wind Farm arrive in the UK
Ørsted has taken delivery of the first sets of monopiles for its Hornsea 3 Offshore Wind Farm. In total, six of the massive structures have now arrived into Teesside in the UK from manufacturer Haizea after travelling 960 nautical miles in two batches from Bilbao in Spain. The monopiles, the first of a total of 197, produced for Hornsea 3, the world’s single largest offshore wind farm, each weigh an average of 1,670 tonnes and 90m in length. -
18 Feb 26
Norway: Equinor drills dry well in the Barents Sea (7018/5-2)
Equinor and its partners have drilled a dry well on the 'Vikingskipet' prospect. Wildcat well 7018/5-2 was drilled in production licence 1236, about 140 kms southwest of the Snøhvit field. -
18 Feb 26
Italy: Zenith Energy commences construction of 7 MWp Solar Plants
Zenith Energy, the listed international energy production and development company, has announced that, through its wholly-owned Italian subsidiary WESOLAR, it has commenced construction-phase activities for the first assets within its Italian solar pipeline. Zenith has selected three projects in the Puglia region of Italy, totaling 7 MWp, for construction: Andria-1, Andria-3 and Andria-4. -
18 Feb 26
Mongolia: Petro Matad announces operational update
Petro Matad, the AIM quoted Mongolian oil company, has provided an operational update. All production revenue withheld by PetroChina during 2025 has been paid - totaling $1.03 million. The 200MW Hybrid renewable energy project is progressing well. -
18 Feb 26
US: Expand Energy Corp reports fourth quarter and full-year 2025 results, issues 2026 outlook
Expand Energy Corporation, North America’s largest natural gas producer, has reported fourth quarter and full-year 2025 financial and operating results and issued its 2026 outlook. -
18 Feb 26
Santos announces 2025 full-year results
Santos has announced its full-year results for 2025 demonstrating the continued strength of its disciplined low-cost operating model, reporting annual production of 87.7 mmboe, sales volumes of 93.5 mmboe, underlying net profit after tax of $898 million and strong free cash flow generation of $1.8 billion. -
17 Feb 26
US: Ovintiv announces agreement to sell its Anadarko assets
Ovintiv Inc. has entered into a definitive agreement to sell its Anadarko assets, located in Oklahoma, to an undisclosed buyer, for cash proceeds of $3.0 billion. -
17 Feb 26
UK: Arenko expands RWE collaboration through three new UK solar-plus-storage sites
Arenko, the enterprise-grade technology partner for complex BESS and renewables portfolios, has expanded its commercial collaboration with RWE, rolling out its software to support optimisation of three additional co-located solar and battery energy storage system (BESS) projects, totalling 150MW, in the UK. -
17 Feb 26
UK: Lightsource bp awarded a Contract for Difference (CfD) for Hett Moor Solar Farm in the UK
Lightsource bp has been awarded a Contract for Difference (CfD) for Hett Moor Solar Farm in the UK Government’s latest renewables auction, AR7. Securing this contract means Lightsource bp will deliver stable, low-cost, home-grown renewable energy to the national grid under a long-term, government-backed contract.
