Latest News
-
28 Jul 26
US: Lightsource bp and Meta expand partnership with new power purchase agreement for Mowata Solar in Louisiana
Lightsource bp and Meta have finalized a long-term power purchase agreement (PPA) to support Mowata Solar, a 172MWdc (150MWac) solar project in development in Acadia Parish, Louisiana. -
28 Jul 26
Australia: Santos announces successful sale and lifting of first Barossa condensate cargo
Santos and PRISM Energy International Australia have jointly marketed, sold and loaded the first condensate cargo from the Barossa gas project. The cargo, comprising approx. 300,000 barrels of condensate, was loaded from the BW Opal FPSO vessel at Barossa on 24 July 2026 aboard the Aframax tanker Boccadesse for delivery to SK Incheon Petrochem in South Korea. -
28 Jul 26
Australia: Browse declared a State Significant Project
Woodside as Operator of the Browse Joint Venture welcomes the Western Australian Government’s decision to grant State Significant Project status to the proposed Browse to North West Shelf Project. -
28 Jul 26
TGS awarded OBN contract in the AMME region
TGS, a leading global provider of energy data and intelligence, has announced the award of an OBN contract in the AMME (Africa, Mediterranean, Middle East) region. -
27 Jul 26
Talos Energy announces strategic offshore Mexico development farm-in
Talos Energy has announced the execution of a definitive agreement to farm into the Block 29 development offshore Mexico, operated by Repsol. Talos will acquire a 50% working interest for a contingent $30 million payment at final investment decision ('FID'), a cash carry of up to $20 million on the next exploration well, and reimbursement of certain pre-closing costs. -
27 Jul 26
-
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.
