Latest News
-
18 Jun 26
VivaTech: With MethaneLive, TotalEnergies uses data to support methane emissions reduction
On the occasion of VivaTech’s 10th anniversary, TotalEnergies is showcasing MethaneLive, its new global methane emissions monitoring center. It leverages real-time data and advanced algorithms to detect, measure, and analyze emissions with a view to reducing them. -
18 Jun 26
Norway: Equinor and its partners have agreed on the concept for Ringvei Vest - combining several discoveries in one project
Equinor and its partners have agreed on the concept for Ringvei Vest, a large subsea development project linked to the Troll B platform in the Norwegian North Sea. -
18 Jun 26
Eni and Fincantieri Group sign a strategic agreement to enhance innovative underwater monitoring technologies
Eni and Fincantieri, through its subsidiary IDS – Ingegneria dei Sistemi, a company specialized in the development of unmanned systems for the underwater market and related command-and-control systems and in the industrialization of advanced sensors and radar technologies, have announced the signing of a strategic agreement concerning Clean Sea, Eni’s proprietary technology. -
18 Jun 26
South Africa: A.P. Moller Capital agrees to acquire Mainstream Renewable Power South Africa
A.P. Moller Capital – Emerging Markets Infrastructure Fund II ('EMIF II') has signed an agreement to acquire 100% of Mainstream Renewable Power South Africa, a well-established renewable energy developer and independent power producer with 148 MW of operating and in-construction assets, 351 MW of construction-ready projects and an approximately 11.6 GW development pipeline. -
18 Jun 26
Norway: Aker BP welcomes agreement on Ringvei Vest development concept
Aker BP welcomes the announcement by Equinor, operator of Ringvei Vest, that the partners have agreed on the development concept for the project. Ringvei Vest is planned as a major subsea development tied back to the Troll B platform in the North Sea. The agreement marks an important milestone and moves the project towards a potential development decision. -
18 Jun 26
UK: New data shows renewable-sceptic parties out of step with offshore wind jobs boom in target seats
New analysis by RenewableUK and Opinium shows that the parts of England and Wales set to see the fastest offshore wind jobs growth are also areas where Reform UK and the Conservatives are forecast to win 80% of seats at the next general election - exposing a growing gap between renewable-sceptic politicians and local economic opportunities including thousands of new jobs. -
18 Jun 26
Eco (Atlantic) Oil & Gas announces 2026 operational and business update
Eco (Atlantic) Oil & Gas, the oil and gas exploration company focused on the offshore Atlantic Margins, has announced a mid-year update on the progress of its various workstreams across its portfolio in Namibia, Guyana, the Falkland Islands, and South Africa. -
18 Jun 26
Norway: Vår Energi high-grades the portfolio to strengthen long-term value creation
Vår Energi has entered into a series of value accretive transactions on the Norwegian Continental Shelf (NCS) to further optimise its asset portfolio, including the acquisition of Pandion Energy AS' portfolio, a swap agreement with DNO Norge AS, and divestments in the Goliat and Fenja fields. -
18 Jun 26
Norway: DNO secures a strategic ownership in the offshore Gjøa hub
DNO, the Norwegian oil and gas operator, has announced a multi-asset transaction with Vår Energi that further streamlines the Company's Norwegian Continental Shelf portfolio and secures a strategic ownership in the offshore Gjøa hub. -
18 Jun 26
Middle East crisis exposes vulnerabilities in global hydrogen supply chains as low-emissions alternatives struggle to ramp up
The conflict in the Middle East has disrupted global production and trade in hydrogen-based products, exposing vulnerabilities in supply chains that underpin fertiliser production, refining and chemicals manufacturing, according to a new IEA report. -
18 Jun 26
Norway: Vår Energi sanctions Balder Next New Wells project to support long-term production from the Balder area
Vår Energi has taken final investment decision (FID) on the Balder Next New Wells project in the North Sea, progressing the next phase of development in the Balder area and supporting the Company’s long-term production target. -
18 Jun 26
Brazil: TGS announces Pelotas Sul Phase 1 multi-client survey offshore Brazil
TGS, a global provider of energy data and intelligence, in joint venture with SLB, has announced the Pelotas Sul Phase 1 multi-client 3D seismic survey in the Pelotas Basin offshore southern Brazil. The survey covers approximately 13,500 sq kms. -
17 Jun 26
Tunisia: Scatec reaches financial close and starts construction of 120 MW solar power plant in Tunisia
Scatec, a leading renewable energy solutions provider, has reached financial close for the 120 MW 'Sidi Bouzid II' solar plant in Tunisia. The PPA was awarded in December 2024 through a government tender designed to support Tunisia’s ambitious renewable energy targets and enhance the country's energy security. -
17 Jun 26
UK: Nominations open for UK offshore energy awards
Nominations are opening this week for the OEUK Awards 2026, celebrating the people, companies and innovations driving the UK’s offshore energy industry at a critical moment for the nation’s energy future. Hosted by Offshore Energies UK (OEUK) and sponsored by Adura, the awards come at a time when global instability and rising demand are putting energy security and resilience firmly in the spotlight. -
17 Jun 26
Uzbekistan: Condor Energy announces Kumli field extension with successful K-42 pilot well
Condor Energies, a Canadian based, internationally focused energy transition company with active Central Asian operations has provided an update on drilling activities on its Uzbekistan gas development project. -
17 Jun 26
Venezuela: Repsol signs agreement to explore and develop a new oil area in Venezuela
Repsol has signed a memorandum of understanding with Venezuela's Ministry of Hydrocarbons and state-owned oil company Petróleos de Venezuela (PDVSA) to assess the potential development of a new area known as Horcón, located southeast of Lake Maracaibo. -
17 Jun 26
Transocean announces contract awards totaling $185 million
Transocean has announced contract awards for two of its harsh environment semisubmersibles. In aggregate, the fixtures represent approx. $185 million in firm contract backlog. The Transocean Norge was awarded a five-well contract with Harbour Energy in Norway and the Transocean Equinox was awarded a two-well contract with Santos in Australia. -
17 Jun 26
UK: Boosting North Sea investment could generate £13.4 billion to eliminate fuel poverty and add an additional £60 billion to the UK economy
David Whitehouse, Chief Executive of Offshore Energies UK, will today (Wednesday 17 June) present evidence to a parliamentary select committee showing how a stable and competitive fiscal regime for the North Sea could unlock billions for the UK economy - and give the Chancellor the means to support households struggling with energy costs.
