Latest News
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20 Jul 26
UK: New government can revitalise North Sea energy industry with policy reset
An early visit by Prime Minister Andy Burnham to meet North Sea energy operators and their workforce could mark a crucial turning point in government attitudes towards home-grown energy and the future of the offshore industry, says David Whitehouse, Chief Executive of Offshore Energies UK (OEUK). -
20 Jul 26
Romania: Progress on the Neptun Deep project: the offshore production platform has been installed in the Black Sea
OMV Petrom, the largest integrated energy producer in Southeast Europe, and S.N.G.N. ROMGAZ SA, the largest producer and main supplier of natural gas in Romania, have completed the installation of the offshore production platform for Neptun Deep, marking one of the most important milestones in the development of Romania's largest natural gas project. -
20 Jul 26
Iraq: Basra Oil Company awards Halliburton contract to advance oil and gas development in Southern Iraq
Halliburton has been awarded a contract by Basra Oil Company (BOC) to provide Integrated Field Management Services (IFMS) and Engineering, Procurement, and Construction Management (EPCM) for the development of the Bin Umar and Sindbad oil and gas fields in southern Iraq. -
20 Jul 26
US: Magnolia Oil & Gas announces acquisition of WildFire Energy
Magnolia Oil & Gas Corporation has entered into a definitive purchase agreement to acquire WildFire Energy for approx. $4.06 billion, inclusive of WildFire’s debt and subject to customary purchase price adjustments. -
20 Jul 26
UK: Major milestone for Ocean Winds as Caledonia Offshore Wind Farm secures Scottish Government consent
Ocean Winds, the 50/50 joint venture between EDP Renewables and ENGIE, has secured offshore consent from the Scottish Government for its two-gigawatt (GW) Caledonia Offshore Wind Farm. -
20 Jul 26
UK invests in homegrown space tech to boost national resilience
British businesses, universities and researchers will receive access to more than £62 million in government funding to develop homegrown space technologies, boosting the UK’s national resilience and helping protect its independence in a strategically vital sector. -
20 Jul 26
Italy: Sonnedix bolsters hybrid capabilities in Italy with acquisition of 260MW battery storage portfolio
Sonnedix, a global renewable energy company with 11GW of total capacity, has announced the acquisition of a 260MW battery energy storage system (BESS) portfolio in Tuscania, Italy. This deal increases the company's total BESS portfolio to approximately 2.8GW and marks a further step in one of Europe's fastest-growing energy markets. -
20 Jul 26
Denmark: European Energy grid connects two battery projects totalling 152 MWh in Denmark
European Energy has grid connected battery storage systems at two sites in Denmark. A 28 MW / 112 MWh system at Stouby and a 10 MW / 40 MWh system at Agersted have both entered operation, bringing the combined battery capacity across the two parks to 38 MW / 152 MWh. -
20 Jul 26
Italy: ERG and Statkraft sign an agreement for the supply of over 800 GWh of wind energy in Italy
ERG, a leading independent producer of energy from renewable sources, has announced that its subsidiary ERG Power Generation SpA has signed a financial Power Purchase Agreement (PPA) with Statkraft, the largest renewable energy producer in Europe, with a 'pay as produced' profile for a duration of 7 years, starting from 1 January 2027 -
20 Jul 26
Italy: Zenith Energy acquires biogas development company
Zenith Energy has entered into a binding Letter of Intent and Exclusivity for the acquisition of 100% of the issued share capital of an Italian biogas development company, which owns the rights to develop a fully permitted and engineered biogas production facility in Italy, subject to completion of the proposed acquisition. -
20 Jul 26
Denmark’s largest offshore wind farm takes shape: Half of wind turbines now installed at Thor
RWE has achieved a significant milestone in the construction of the 1.1-gigawatt Thor offshore wind farm after successfully installing half of the 72 turbines off Denmark’s west coast near Jutland. First wind farm worldwide to install CO2-reduced steel towers. Further sustainable feature: recyclable rotor blades from Siemens Gamesa. -
20 Jul 26
Iraq: ShaMaran provides operational update
ShaMaran Petroleum has announced that production and pipeline exports at the Atrush and Sarsang fields in Iraq have been temporarily shut-in due to the deterioration of the regional security environment -
20 Jul 26
Iraq: Gulf Keystone announces update on Shaikan field operations
Gulf Keystone, a leading independent operator and producer in the Kurdistan Region of Iraq, has announced that it has temporarily shut-in production operations as a safety precaution due to the developing regional security environment -
20 Jul 26
Malaysia: Second well in Malaysia campaign flows at 2,800 bopd
AIM-listed Jadestone Energy has announced that the second well in the 2026 Malaysia infill drilling campaign has been successfully drilled and brought online at 2,800 bopd. -
20 Jul 26
Philippines: Malampaya completes successful turnaround, advances next phase of gas production
Prime Energy, operator of Service Contract No. 38, has completed the maintenance turnaround of the Malampaya Deep Water Gas-to-Power Project, restoring indigenous gas production and paving the way for the startup of new wells under the Malampaya Phase 4 (MP4) project. -
20 Jul 26
UK: New Prime Minister urged to change course as poll shows overwhelming support for North Sea oil and gas production
More than seven out of ten people think the UK should produce oil and gas in its own waters rather than rely on imports from abroad, according to independent polling.
