Latest News
-
12 Dec 25
Norway: Ministry of Energy will award two project areas for offshore wind in Utsira Nord
The Ministry of Energy has evaluated the two applications for the allocation of project areas for floating offshore wind in Utsira Nord. The Ministry received two applications for the allocation of project areas for floating offshore wind in Utsira Nord before the deadline on 15 September 2025. -
12 Dec 25
Brazil: Valaris announces multi-year contract award for drillship VALARIS DS-8
Valaris has been awarded a multi-year contract with Shell offshore Brazil for drillship VALARIS DS-8. The contract is expected to commence in the first quarter of 2027, with an estimated duration of approx. 800 days and a total contract value of approx. $300 million. -
11 Dec 25
Norwegian companies take a more dominant role
A new report from the Norwegian Offshore Directorate shows that, in 2024, there were 24 oil and gas companies on the Norwegian continental shelf (NCS). This is the lowest number since activity started up on the shelf. At the same time, developments in exploration activity reveal a clear shift from global to Norwegian players. -
11 Dec 25
UK: Offshore wind supply chain receives further £13m boost from The Crown Estate’s Supply Chain Accelerator programme
Sixteen projects across England, Wales and Scotland are set to share over £13m through The Crown Estate’s innovative Supply Chain Accelerator. -
11 Dec 25
UK: Consent awarded for Clifton Marsh Solar Farm
Fylde Council have unanimously consented the 49.9 MW Clifton Marsh Solar Farm. The site will generate enough electricity to power 14,000 UK homes annually, and help avoid more than 20,000 tonnes of CO2 emissions each year. -
11 Dec 25
US: Wood wins 10-year maintenance contract for Rio Grande LNG facility
Wood has secured a significant ten-year contract with NextDecade to deliver maintenance solutions at Rio Grande LNG, a major natural gas liquefaction and export facility under development near Brownsville, Texas. -
11 Dec 25
Namibia: Northern Ocean announces contract award for Deepsea Mira
Northern Ocean has announced the signing of a contract with a subsidiary of Shell for the Deepsea Mira, commencing operations in Namibia in April 2026. -
11 Dec 25
Romania: OMV Petrom entering the next chapter of Romania’s energy security
Neptun Deep development progressing as planned, with first gas expected in 2027. Next deepwater offshore exploration activity: Anaconda-1 well to be drilled following the Neptun Deep development drilling. -
11 Dec 25
Vestas announces three orders for a total of 191 MW
Vestas has announced three orders for a total of 191 MW as part of its Q4 order intake. Two orders in Germany and one in Poland. -
11 Dec 25
GoM: bp starts up seventh major project of 2025
bp successfully delivered first oil from the Atlantis Drill Center 1 expansion project in the US Gulf of America, its seventh upstream major project startup of the year. The project is expected to add 15,000 barrels of oil equivalent per day (boe/d) gross peak annualized average production at the existing Atlantis platform. -
11 Dec 25
UK: Major boost for UK clean energy supply chains
The £1 billion Energy Engineered in the UK (EEUK) programme will mobilise public and private investment to unlock critical supply chains and create thousands of skilled jobs. As part of this programme, GBE is opening its £300 million GBE Supply Chain Fund. -
11 Dec 25
Norway: Investing in the next phase at Johan Castberg
Equinor, Vår Energi and Petoro will invest just over NOK four billion in the first discovery tied back to the Johan Castberg field in the Barents Sea. The decision was made eight months after Johan Castberg came on stream. Recoverable oil in the new subsea development is estimated at 46 million barrels, and start-up is planned as early as the fourth quarter of 2028. -
11 Dec 25
Iraq: DNO charges past 500 million barrels in Kurdistan and picks up speed
DNO, the Norwegian oil and gas operator, has announced it is revving up operations in the Kurdistan region of Iraq as it charges past a major milestone marking 500 million barrels of oil produced from the Tawke license (DNO 75 percent and operator).
