Latest News
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06 Mar 26
Canada: SFL announces $170 million contract for semi-submersible rig Hercules
SFL Corporation has signed a drilling contract in Canada with a large, investment grade multinational oil and gas company for the harsh environment semi-submersible rig Hercules. The estimated contract value is approx. $170 million for the minimum term of 400 days. -
06 Mar 26
Australia: Iberdrola accelerates growth in Australia with the acquisition of its first wind farm in the state of Victoria
Iberdrola has completed the acquisition of the Ararat wind farm, located in the state of Victoria, Australia, from Partners Group and OPTrust, after obtaining all the necessary approvals to carry out the operation. With this operation, the Group now has a presence in five states across the country: New South Wales, South Australia, Victoria, Queensland and Western Australia. -
06 Mar 26
Norway: Equinor and Wellesley launch Joint Exploration Project to accelerate HPHT activity on the NCS
Equinor and Wellesley Petroleum have agreed to establish a Joint Exploration Project (JEP) aimed at increasing high-pressure, high-temperature (HPHT) exploration activity on the Norwegian Continental Shelf (NCS) and contributing to long-term production from existing infrastructure. -
06 Mar 26
Nigeria: The President of Nigeria Bola Tinubu meets Eni CEO Claudio Descalzi
The President of the Federal Republic of Nigeria, Bola Ahmed Tinubu, and Eni Chief Executive Officer, Claudio Descalzi, met in Abuja to discuss the company’s ongoing activities in the country and to outline new initiatives aimed at strengthening Nigeria’s deep offshore development. -
06 Mar 26
India: Synergia Energy announces Cambay PSC production update
Synergia Energy has announces an update regarding its Cambay PSC (WI: 50%), onshore India. Production from the Cambay field saw a marked improvement from two legacy wells (C-64 and C-74) that were worked over in November 2025. -
06 Mar 26
US: Upland Resources submits application to trade on the OTCQB Venture Market
Upland Resources, the energy company focused on the development of oil and gas assets in Southeast Asia and the United States, has submitted an application for its ordinary shares to be quoted for trading on the OTCQB Venture Market in the United States. -
06 Mar 26
US: Helix Exploration expands Rudyard Leasehold
Helix Exploration, the helium exploration and development company advancing the Rudyard Helium Project in northern Montana, has expanded its strategic footprint at Rudyard to nearly 8,000 acres through the acquisition of additional State of Montana mineral leases at public auction. -
06 Mar 26
Japan: INPEX to supply renewable diesel-based fuel at winter sports events in Sapporo, Japan
INPEX has announced that it will supply RD40, a fuel consisting of 40 percent renewable diesel (RD) blended with conventional diesel, that will be used in part to power snow groomers and other course maintenance vehicles at two major snowboard halfpipe competitions to be held in Sapporo, Japan. -
06 Mar 26
TGS reintroduces Ramform Vanguard for offshore wind and site survey
TGS has announced a new acquisition campaign for the Ramform Vanguard during the upcoming European summer season, following its winter-stack period. The campaign is scheduled to begin in mid-March with an oil and gas site survey, before continuing with two offshore wind contracts. -
06 Mar 26
Denmark: BlueNord: announces preliminary production for February 2026
BlueNord has announced its preliminary production figures for February 2026. In February 2026, preliminary production was 43.6 mboepd net to the Company. -
05 Mar 26
UK energy transition falling short due to lack of 'whole system' thinking, DNV report finds
DNV issued its annual Energy Transition Outlook (ETO) for the UK, finding that the UK’s energy transition risks being delayed by a lack of 'whole system' thinking. UK remains global decarbonization frontrunner but will miss 2030 clean power target, 2035 Nationally Determined Contribution (NDC) and legally binding 2050 net zero goal. -
05 Mar 26
Colombia: GeoPark announces strategic investment by Grupo Gilinski to accelerate long-term growth strategy
GeoPark, a leading independent energy company with over 20 years of successful operations across Latin America, has announced a strategic private investment in public equity (PIPE) transaction with Colden Investments, an affiliate of Jaime Gilinski, who leads one of Latin America’s most diversified global investment groups ('Grupo Gilinski'). -
05 Mar 26
Uruguay: Viridien announces Charrua 3D seismic survey offshore Uruguay
Viridien has announced the commencement of the Charrua 3D multi-client survey offshore Uruguay, marking a significant step forward in Uruguay’s offshore energy development. -
05 Mar 26
US: RWE commissions 2 GW of new energy projects in the U.S., creating American jobs and economic opportunity
RWE ended 2025 with an additional 2 gigawatts (GW) added to its operating capacity in the United States, bringing the total operational capacity to nearly 13 (12.7+) GW across the country. The recently completed projects - spanning Kentucky, Arizona, Illinois, New York, Texas, California and Louisiana - created thousands of American jobs and are injecting more than half a billion dollars into local communities. -
05 Mar 26
Benin: Lime Petroleum Holding provides operational update on Benin project
Lime Petroleum Holding has announced that the hook-up of the Mobile Offshore Production Unit (MOPU) and the Floating Storage and Offloading unit (FSO) on the Sèmè Field in Benin has been completed. -
05 Mar 26
Statkraft reports strong fourth quarter results and record-high production
Statkraft delivered strong underlying results in the fourth quarter of 2025, driven by higher Nordic power prices and record-high production. For the full year, production exceeded 70 TWh for the first time, while continued cost reductions and portfolio focus reduced net debt and strengthened competitiveness. -
05 Mar 26
UK: Industry meets with Chancellor to reform Energy Profits Levy in the national interest
Offshore Energies UK CEO, David Whitehouse and industry leaders met Chancellor of the Exchequer, Rachel Reeves MP at Number 11 Downing Street to lay out the steps to reform of the Energy Profits Levy this year. The meeting closed with a commitment to work together to safeguard UK energy, UK jobs, strengthen supply chains, and secure affordable, homegrown energy for the long term. -
05 Mar 26
Germany: Energiequelle begins construction of the Lüben Wind Farm in Germany
Energiequelle GmbH has begun construction of the Lüben Wind Farm in the district of Gifhorn in Lower Saxony (Germany). The project consists of five state-of-the-art Enercon E-138 turbines with a hub height of 160 meters. -
05 Mar 26
Harbour Energy has announced its results for the year ended 31 December 2025
2025 was a year of significant progress for Harbour. The Company delivered excellent operational performance while maintaining capital discipline and integrating new assets. This drove record production and higher free cash flow against a backdrop of lower commodity prices. In addition, we improved our cost structure, built momentum at our growth projects in Mexico and Argentina, and announced three significant transactions. -
05 Mar 26
PPC Group and METLEN Energy & Metals join forces to develop up to 1,500MW of energy storage projects across three countries
PPC Group and METLEN, leading Greek companies in the electricity sector in Greece and the wider region, have signed a JVA for the establishment of a joint venture company, in which each party will hold a 50% stake. The purpose of the joint venture is the development, construction and operation of a portfolio of BESS (Battery Energy Storage System) projects of up to 1,500 MW / 3,000 MWh in Romania, Bulgaria and Italy. -
05 Mar 26
Trinidad: Predator Oil & Gas publishes Independent Technical Report for Cory Moruga onshore Trinidad
Predator Oil & Gas has published the Independent Technical Report by Scorpion Geoscience for the proposed Snowcap-3 ('SC-3') appraisal well in the Cory Moruga Exploration and Production Licence. -
05 Mar 26
US: Helium One Global provides Galactica Project update
AIM-listed Helium One Global, the primary helium explorer in Tanzania with a 50% working interest in the Galactica-Pegasus helium development project in Colorado, USA, has provided an update following the Blue Star announcement issued today regarding the Galactica Project. -
05 Mar 26
Kazakhstan: Worley signs agreement with Tengizchevroil
Worley has been awarded a services framework agreement by Tengizchevroil (TCO), a joint venture company between Chevron, ExxonMobil, KazMunayGas and Lukoil, to provide engineering and project support services across TCO’s operational assets in the Republic of Kazakhstan. -
05 Mar 26
Oceaneering launches new Electric Propulsion Work Class ROV
Oceaneering International has announced that its Subsea Robotics segment has debuted the newest addition to its Remotely Operated Vehicle (ROV) portfolio, the Momentum™ Electric Work Class ROV, at Subsea Tieback Forum. -
05 Mar 26
Italy: ZEnith Energy announces solar acquisition and gas supply growth
Zenith Energy, the international energy production and development company, has announced the acquisition of an additional photovoltaic development project in the Puglia region of Italy. The Acquisition represents a strategic advancement toward the Company’s objective of achieving a solar energy development portfolio capacity exceeding 200 MWp by the close of 2026.
