Latest News
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27 Jul 26
Serica Energy announces recommended acquisition of Pharos Energy
The board of directors of each of Serica Energy and Pharos Energy have reached agreement on the terms of a recommended offer pursuant to which Serica will acquire the entire issued and to be issued ordinary share capital of Pharos -
27 Jul 26
Wood and Elementz partner for global subsea integrity delivery
For over 15 years, Wood’s integrity teams have supported clients in the North Sea using Elementz’s subsea inspection and integrity management software platform, Integrity Elementz. This partnership builds on an established collaboration to provide global access to trained subsea integrity specialists. Clients can implement Integrity Elementz with confidence, supported by Elementz’s technology and Wood’s >subsea integrity expertise. -
27 Jul 26
TotalEnergies SE appeals the 25 June 2026 judgment in the duty of vigilance climate case
Following deliberation by its Board of Directors, TotalEnergies has decided to appeal the judgment rendered on 25 June 2026 by the Paris Judicial Court in the proceedings brought by certain associations under the French duty of vigilance law. -
27 Jul 26
Germany: RWE successfully closes acquisition of stake in Amprion
RWE acquires 35% indirect share in German Transmission System Operator Amprion for €3.6 billion, increasing its total indirect stake to 55%. Amprion is one of Germany’s four transmission system operators and operates the transmission grid in the country’s economic heartland, spanning seven German federal states and serving approximately 29 million people. -
27 Jul 26
Norway: Norwegian Offshore Directorate announces production figures for June 2026
Preliminary production figures for June 2026 show an average daily production of 2,022,000 barrels of oil, NGL and condensate. Total gas sales were 10.0 billion Sm3 (GSm3), which is 0.6 (GSm3) more than the previous month. The average daily production of liquids in June was: 1,827,000 barrels of oil, 179 000 barrels of NGL and 16,000 barrels of condensate. -
27 Jul 26
Nordex Group strengthens financial flexibility with expanded EUR 2,475 million ESG-linked syndicated Multi-Currency Guarantee Facility
The Nordex Group has concluded a new ESG-linked syndicated Multi-Currency Guarantee Facility with a total volume of EUR 2,475 million. This new facility comes with a 5-year maturity and improved terms and conditions, including a material reduction in interest rates on a like-for-like basis. The new facility provides the company with a larger, more flexible and more cost-efficient financing framework for the period from 2026 to 2031. -
27 Jul 26
Cote d'Ivoire/Italy: Saipem awarded new contracts in Ivory Coast and Italy by Eni worth approx. 800 million euro
Saipem has been awarded two new contracts, one offshore in Ivory Coast and one onshore in Italy, for a total value of approx. 800 million euro. The first contract, awarded by Eni Côte d’Ivoire and its partners, refers to the Baleine Phase 3 project. The second contract, awarded by Enilive, refers to the engineering, procurement and construction of a new deoxygenation unit at Enilive’s biorefinery in Venice, Porto Marghera. -
27 Jul 26
US: Zephyr Energy announces Letter of Intent for Paradox Commodity Purchase Agreement
Zephyr Energy has announced the signing of a non-binding Letter of Intent with Atlas Oil Company. The LOI details a proposal for a Prepaid Commodity Purchase Agreement (the 'CPA') and sale of hydrocarbon marketing rights at Zephyr's project in the Paradox Basin, Utah, U.S. -
27 Jul 26
Greenland: 80 Mile PLC announces Placing to raise £1.9 million and Company update
80 Mile PLC, the AIM, FSE, and OTC listed exploration and development company with projects in Greenland, Finland and Italy, has announced a placing to raise approximately £1.9 million. -
27 Jul 26
UK: SSE secures planning consent for Sloy Power Station upgrades
SSE has secured Section 36 Planning Consent from the Scottish Government for upgrades to its existing 152.5MW Sloy Hydro-electric Power Station. The consented upgrades provide SSE with the option to convert the existing facility into a pumped storage hydro scheme capable of providing up to 16GWh of long-duration electricity storage. -
27 Jul 26
Hungary: Greenvolt signs agreement to sell Solar PV project in Hungary to PPC Group for €64.2 million
Greenvolt Power, one of the leading developers of large-scale wind, solar, and battery energy projects, and part of the Greenvolt Group, has signed an agreement to sell Kira, a 57.47 MWp solar PV park, located in Királyegyháza, southern Hungary, approximately 180 km from Budapest, to PPC Group, for a total consideration of €64.2 million -
27 Jul 26
Baker Hughes announces Q2 2026 results
Baker Hughes has announced results for the second quarter of 2026. The Company delivered another strong quarter, reflecting the breadth of its portfolio and continued momentum across data center, gas infrastructure, and upstream markets.
