Latest News
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10 Mar 26
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10 Mar 26
Colombia: GeoPark announces decision not to raise offer for Frontera Energy’s Colombian E&P assets
GeoPark, a leading independent energy company with over 20 years of successful operations across Latin America, has announced that it has declined to raise its offer for Frontera Energy’s Colombian E&P assets. -
10 Mar 26
Germany: Nordex Group receives orders from wpd totaling nearly 280 MW in Germany
Long-standing customer wpd has ordered 40 turbines from the Nordex Group for nine projects in Germany. The total capacity of the orders amounts to 279,2 MW. -
10 Mar 26
Norway: Equinor discovers oil in the Troll area and gas and condensate in the Sleipner area
Equinor has discovered oil in the Troll area and gas and condensate in the Sleipner area. Both discoveries are considered commercial and were made in areas with well-developed infrastructure for export to Europe. -
10 Mar 26
UK: Angus Energy provides hedging update
Angus Energy, a UK AIM quoted independent oil and gas company, has successfully placed additional gas hedges covering the period April 2026 to June 2027, securing 7.745 million therms at an average weighted price of approximately 101 pence per therm -
10 Mar 26
Timor Leste: Sunda Energy awarded Chuditch-2 Environmental Licence
Sunda Energy, the AIM-quoted exploration and appraisal company focused on gas assets in Southeast Asia, has announced that its wholly owned subsidiary, SundaGas, operator of the TL-SO-19-16 Production Sharing Contract, offshore Democratic Republic of Timor-Leste, has been awarded an Environmental Licence for the drilling of the Chuditch-2 appraisal well. -
10 Mar 26
Norway: Archer secures a 3-year contract extension with major operator on the Norwegian continental shelf
Archer has been awarded a 3-year contract extension with a major operator under a long-term frame agreement for the provision of wireline services. -
10 Mar 26
UK: Penspen opens new Newcastle office to drive European asset integrity growth
International engineering consultancy Penspen has opened a new office in Newcastle’s Time Central facility as it plans further growth in the European asset integrity market. -
10 Mar 26
UK: Red Rock Renewables reaches Financial Close on Benbrack Wind Farm
Edinburgh-based renewable energy company, Red Rock Renewables, has reached Financial Close on a £62m financing with Lloyds, HSBC and China Construction Bank for its Benbrack Onshore Wind Farm. -
09 Mar 26
GoM: Woodside launches Trion drilling campaign
Woodside Energy, in partnership with Petróleos Mexicanos (PEMEX), has commenced the drilling campaign at the Trion Field, located in ultra-deep waters of the Gulf of Mexico. The drilling campaign includes the execution of 24 subsea wells which will be connected to a floating production unit (FPU) named Tláloc, with a nameplate capacity of approx. 100,000 barrels per day. -
09 Mar 26
Indonesia: Seatrium completes Karimun Yard divestment
Seatrium refers to its earlier announcement dated 23 February 2026 in relation to the divestment of its Karimun Yard located on Karimun Island, Indonesia. The Group wishes to announce that the divestment has been completed on 9 March 2026. This divestment, together with other non-core asset divestments disclosed in the earlier announcement, is expected to deliver over S$50 million in annualised cost savings upon completion. -
09 Mar 26
Kenya: Tullow Oil announces receipt of Tranche B payment for sale of Kenya assets
Tullow Oil has received $36 million proceeds of the Tranche B payment, under the terms of the Sale and Purchase Agreement (SPA) announced on 21 July 2025 for the sale of its entire working interest in Kenya to Auron Energy E&P, an affiliate of Gulf Energy. -
09 Mar 26
Ireland: Fugro supports Ireland’s planned first commercial offshore wind farm
Fugro has been awarded a contract by Oriel Windfarm Ltd to deliver a detailed geotechnical site investigation that will inform the design and installation of foundations for 25 offshore wind turbines, supporting safe and efficient construction at the Oriel offshore wind farm.
