Latest News
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27 Mar 26
Poland: Qair accelerates growth in Poland with full commissioning of Beehive' solar portfolio and financing for 203 MW renewable energy projects
Qair, an independent European renewable energy company, announces two milestones in Poland: the full commissioning of its 'Beehive' solar portfolio and the securing of PLN 350 million (approximately €80 million) in financing from Bank Gospodarstwa Krajowego (BGK) under Poland’s National Recovery and Resilience Plan for projects totalling 203 MW -
27 Mar 26
UK government awards up to £64 million to back Port Talbot’s development as the first port in the Celtic Sea to support floating offshore wind
UK government awards up to £64 million to back Port Talbot’s development as the first port in the Celtic Sea specifically developed to support floating offshore wind. Port Talbot will be the forefront of a pioneering new clean energy industry, backing thousands of good jobs and driving growth across South Wales. -
27 Mar 26
US: 88 Energy announces successful placement to raise A$5 million
88 Energy has successfully completed a bookbuild to domestic and offshore institutional and sophisticated investor, raising approx. A$5.0 million (approx. £2.6 million) before costs. The funds raised will strengthen the Company's balance sheet and accelerate key pre-drilling activities, including permitting and well planning for the Augusta-1 exploration well, currently scheduled to spud in Q1 2027. -
27 Mar 26
Angola: Chariot announces progress on acquisition transaction offshore Angola
AIM-listed Chariot, the Africa-focused energy company, has confirmed that, further to the Company's announcement on 19 February 2026, a subsidiary of Etu Energias has signed a sale and purchase agreement to acquire a 20% working interest in Block 14 and a 10% working interest in Block 14K, offshore Angola. -
27 Mar 26
Ireland: Europa Oil & Gas receives FEL 4/19 Licence Extension approval
Europa Oil & Gas has announced that it has received notification from the Irish Government’s Department of Climate, Energy and the Environment that the Minister has given his consent to extend the Phase 1 of FEL 4/19 to 31 January 2028. The Company intends to use the extension to carry out further technical studies and allow more time to secure a partner to advance development of the licence. -
27 Mar 26
Greenland Energy Company commences trading on NASDAQ
80 Mile PLC confirms that Pelican Acquisition Corporation has completed its acquisition of Greenland Exploration Limited and commenced trading on NASDAQ under the name Greenland Energy Company. The transaction consolidates Pelican, GLND, and March GL into a single U.S.-listed entity, focused on the development of the Jameson liquid hydrocarbon project in East Greenland, one of the world's largest and last undrilled onshore hydrocarbon basins. -
27 Mar 26
Tenaris acquires the oilfield division of AllTorque, a leader in tubular running technology
Tenaris has acquired AllTorque’s oilfield division, a leading original equipment manufacturer (OEM) of tubular running technology. This acquisition builds on an existing collaboration between the two companies and will enhance Tenaris’s WISer™ solutions to support well integrity for Rig Direct® customers. -
27 Mar 26
Brazil: Petrobras announces new oil discovery in the pre-salt layer of the Campos Basin
Petrobras has identified the presence of excellent quality oil in the pre-salt layer of the Campos Basin, in an exploratory well drilled in the Marlim Sul field. Well 3-BRSA-1397-RJS is located 113 km off the coast, at a water depth of 1,178 meters. -
27 Mar 26
Norway and Belgium sign agreement to enable cross border CO2 transport
Norway and Belgium have signed a bilateral agreement aimed at facilitating an infrastructure for the transport of CO2 by pipeline from Belgium to the Norwegian Continental Shelf. The agreement reflects both countries’ long-term commitment to carbon capture and storage as part of Europe’s climate efforts. -
26 Mar 26
Vantage Drilling International reports Q4 and full year 2025 results
Vantage Drilling International reported a net income attributable to shareholders of approx. $8.1 million for the three months ended December 31, 2025, based on the weighted average shares outstanding, as compared to a net income attributable to shareholders of approx. $55.5 million or $4.17 per diluted share for the three months ended December 31, 2024. -
26 Mar 26
Norway: AkerBP celebrates completion of major Valhall module in Grimstad
The 1,000-tonne MEG module for the new platform at the Valhall field is now ready for transport from Nymo’s yard in Grimstad. Employees, apprentices, partners and authorities gathered to celebrate this important milestone. -
26 Mar 26
Namibia/Gabon: ReconAfrica commences production testing operations at Kavango West discovery and provides an operational update
Reconnaissance Energy Africa has provided an update of its operations in Namibia and Gabon. Production testing operations have commenced at the Kavango West 1X discovery well in Namibia. The Company is currently reprocessing 3D seismic data over the key areas of the Ngulu block, including the Loba discovery. -
26 Mar 26
TGS awards Hyperscale Cloud Migration Contract to Tape Ark
TGS, a global provider of subsurface data and energy intelligence, has awarded a contract to Tape Ark to migrate approximately 40 petabytes of seismic and subsurface data into a cloud environment. The program represents one of the largest cloud-migration initiatives of its kind within the energy sector.
