Latest News
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12 Aug 26
Italy: European Energy secures EUR 234m financing for 225 MW agri-pv project in Italy
Project financing supports the construction of one of Italy’s largest and most advanced agrivoltaic developments, further expanding European Energy’s renewable energy assets’ portfolio in the country. The transaction is among the first financings of an agrivoltaic project of this scale and complexity in Italy. -
12 Aug 26
Sao Tome: TGS commences São Tomé and Príncipe 2D PSDM Reprocessing
TGS, in partnership with the Agência Nacional do Petróleo de São Tomé e Príncipe (ANP-STP), has announced the commencement of the São Tomé and Príncipe 2D PSDM Reprocessing project. -
12 Aug 26
UK: North-east households in line for £2,500 energy bill discount for hosting pylons
Thousands of households living close to major electricity grid projects in the North-east could receive £2,500 off their energy bills under a new UK Government scheme. Homes within 500 metres of eligible new or upgraded transmission infrastructure are expected to receive discounts worth £250 a year for 10 years, with the first payments due to begin next year. -
12 Aug 26
UK: Swinney urges Burnham to rethink £1.5bn wind factory ban
First Minister John Swinney has urged Prime Minister Andy Burnham to reconsider the UK Government’s decision to block a £1.5billion wind turbine factory in the Highlands. Chinese manufacturer Ming Yang had proposed building what would be the UK’s largest wind turbine manufacturing facility at Ardersier, near Inverness, creating up to 1,500 direct jobs and potentially 8,000 more across the supply chain. -
12 Aug 26
Germany: He Dreiht offshore wind farm: All wind turbines now installed
Germany’s largest offshore wind farm continues to take shape / Manufacturer Vestas has finished installing 64 wind turbines / Further work through full commissioning in late summer. -
12 Aug 26
UK: Copenhagen Infrastructure Partners’ large-scale BESS project Coalburn 1 reaches commercial operation
Copenhagen Infrastructure Partners (CIP), through its flagship fund Copenhagen Infrastructure IV (CI IV), has announced that Coalburn 1 has commenced commercial operations. Coalburn 1, a 500 MW, two-hour duration battery energy storage system in Scotland, is now the largest operational battery in Europe. -
12 Aug 26
Vestas announces Interim Report, Q2 2026
In the second quarter of 2026, Vestas generated revenue of EUR 4,723m – an increase of 26.1 percent compared to the second quarter of 2025. EBIT before special items amounted to EUR 446m, resulting in an EBIT margin before special items of 9.4 percent, compared to 1.5 percent in the second quarter of 2025. -
12 Aug 26
Egypt: Scatec reports commercial operations reached for the final phase of the Obelisk project in Egypt
Scatec, a leading renewable energy solutions provider, has successfully reached Commercial Operations Date (COD) for the second phase of its 1.1 GW Obelisk solar and 100 MW/200 MWh battery storage project in Egypt. -
12 Aug 26
Australia: Georgina Energy provides Hussar EP513 pre-drill site works update
Georgina Energy, a helium, hydrogen and natural gas exploration and development company with strategic permits in Australia, confirms that civil engineering contractors are currently completing the pre-drill site works, including water well drilling and conductor pipe drilling required for the planned Q3 Hussar drilling program. -
12 Aug 26
US: Southern Energy announces spudding of Cotton Valley test well at Williamsburg and appointment of Market Maker
Southern Energy Corp, an established producer with natural gas and light oil assets in Mississippi, has announced that, further to the announcement of the Joint Venture Wellbore Participation Agreement with a strategic partner on May 26, 2026, the Company has spudded the Terrible Creek 21-2 #2 Cotton Valley test well in the Williamsburg Field on August 11, 2026. -
12 Aug 26
Italy: Zenith surpasses 200 MWp solar development target ahead of schedule and increases 2026 target to 240 MWp
Zenith Energy has announced the acquisition of a 10 MWp photovoltaic development project located in the Province of Foggia, in the Puglia region of Italy. The acquisition increases Zenith's total solar development pipeline to approx. 203 MWp. Following the achievement of this milestone ahead of schedule, the Company has increased its solar development acquisition target for the end of 2026 to 240 MWp. -
12 Aug 26
Greenland: 80 Mile PLC provides update on planned drilling programme at its Jameson Land Basin Project in East Greenland
80 Mile PLC, the AIM, FSE, and OTC listed exploration and development Company with projects in Greenland, Finland and Italy, has provided an update on the planned drilling programme at its Jameson Land Basin Project in East Greenland. Current guidance by the regulators is for winter 2027 drilling. -
12 Aug 26
Argentina: Third hydraulic fracturing set strengthens Tenaris capabilities in Vaca Muerta, Argentina
Tenaris has successfully started operations of its third hydraulic fracturing set in Vaca Muerta, one of the world's largest shale oil and gas reservoirs, located in Neuquén, Argentina. -
12 Aug 26
Kuwait: Baker Hughes awarded multi-year contract by Kuwait Oil Company for Ahmadi Innovation Valley Project
Baker Hughes has announced a multi-year contract with Kuwait Oil Company (KOC) to accelerate technology innovation in the country’s upstream energy sector. The contract positions Baker Hughes as a key technology collaborator in the Ahmadi Innovation Valley (AIV), KOC’s flagship initiative aimed at establishing an in-country research and innovation hub to address its strategic oil and gas development priorities. -
12 Aug 26
Chile: Petroseismic conducts major high-density seismic survey in Latin America with Sercel Technologies and Services
Sercel has announced that a comprehensive suite of its seismic acquisition technologies is being deployed by Petroseismic, on behalf of Chilean national energy company ENAP, to acquire a large-scale, high-density land seismic survey in Chile. This project is a notable example of the growing adoption of high-density seismic acquisition across Latin America. -
11 Aug 26
Borr Drilling announces Q2 2026 results
Borr Drilling has announced unaudited results for the three and six months ended June 30, 2026. Second Quarter total operating revenues of $232.3 million, a decrease of $14.7 million or 6% compared to the first quarter of 2026. Second Quarter net loss of $241.4 million compared to net loss of $29.0 million in the first quarter of 2026, primarily driven by a $176.3 million debt extinguishment charge related to the refinancing of senior secured notes due 2028 and 2030 and convertible bonds due 2028. -
11 Aug 26
Australia: Arrow Energy supports hundreds of local jobs as Surat Gas Project progresses
Arrow Energy has announced it will begin developing the next phase of its Surat Gas Project (SGP) in an area south of Chinchilla in late 2026, supporting hundreds of local jobs in the Western Downs. -
11 Aug 26
Norway: Wood selected by Equinor to strengthen lifecycle data management
Wood has been awarded a new contract by Equinor to provide lifecycle information (LCI) services across nearly 100 assets in Norway, including offshore installations, subsea sites and onshore plants, helping improve data quality, operational efficiency and decision making across the energy company’s asset portfolio. -
11 Aug 26
UK: Expro awarded major contract for North Sea abandonment programme
Expro has been awarded a major multi-million-pound contract by a major UK operator, reinforcing its position as a leading supplier of subsea safety systems in the UK North Sea plug and abandonment (P&A) market.
