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18 Mar 26
UK: Katoni Engineering awarded three-year integrated EPC contract by Bumi Armada for North Sea asset
Katoni Engineering has been awarded a three-year contract by BUMI Armada to deliver integrated Engineering, Procurement and Construction services for the Armada Kraken FPSO in the UK North Sea.
18 Mar 26
OEUK CEO David Whitehouse on energy security in an increasingly volatile world
OEUK's CEO David Whitehouse features in The Times on the current situation in the Middle East and at home. Conflict in the Middle East has highlighted again the growing challenge of where and how we get our energy. There are inescapable real-world consequences for our security of supply. Conflict in the Middle East has highlighted again the growing challenge of where and how we get our energy. There are inescapable real-world consequences for our security of supply.
18 Mar 26
Norway: New oil discovery strengthens the development of Johan Castberg
Equinor has made an oil discovery that will be tied into the Johan Castberg field in the Barents Sea. The discovery was made in the 'Polynya Tubåen' prospect (7220/7-5). The well was drilled by the COSL Prospector rig. The preliminary volume estimate is between 14 and 24 million barrels of recoverable oil equivalents.
18 Mar 26
Namibia: Sintana Energy granted PEL87 externsion, offshore Namibia
Sintana Energy has provided an update regarding Petroleum Exploration License 87 ('PEL 87') which governs blocks 2713A and 2713B located in the Orange Basin offshore in the Republic of Namibia. Pancontinental Energy, the JV partner and operator of PEL 87, has received notification from the Namibian Ministry of Industry, Mines and Energy (MIME) that Pancontinental's application to extend the current First Renewal Exploration Period of PEL 87 by 12 months, to January 22 2027, has been approved.
18 Mar 26
Valeura Energy reports financial and operating results for the three month period and Y/E 31 December 2025
Valeura Energy has reported its financial and operating results for the three month period and year ended 31 December 2025.
18 Mar 26
Indonesia: Eni moves forward with major deep water gas hubs in Indonesia with dual FIDs
Eni has taken the Final Investment Decisions (FIDs) for the Gendalo and Gandang gas project (South Hub) and for the Geng North and Gehem fields (North Hub), only 18 months after the approval of the Projects of Development (PODs) in 2024. The milestone confirms the fast pace of development of Eni’s deep-water gas projects offshore East Kalimantan.
18 Mar 26
Liz Westcott appointed Woodside CEO
The Board of Woodside Energy has appointed Elizabeth (Liz) Westcott as Chief Executive Officer and Managing Director. Ms Westcott, who has served as Woodside Acting CEO since the departure of Meg O’Neill in December 2025, has a proven track record of outstanding leadership and achievement across more than 30 years in the global energy industry.
18 Mar 26
Ithaca Energy announces full year 2025 results - A year of strong strategic and operational execution
Ithaca Energy, a leading UK independent production and growth company, has announced its audited full year results for the year ended 31 December 2025. The Company delivered another year of excellent operational and financial performance in 2025. Acquisitions in Seagull and Cygnus contributed accretive growth, which along with organic investment in the period, achieved an exit rate of 148 kboe/d and allowed Ithaca to enter 2026 with significantly increased production capacity.
18 Mar 26
Genel Energy announces audited results for the year ended 31 December 2025
Genel Energy has announced its audited results for the year ended 31 December 2025.
18 Mar 26
Denmark: BlueNord publishes 2025 Annual Statement of Reserves and Resources
BlueNord has published its 2025 Annual Statement of Reserves and Resources. As of 31 December 2025, the Company's net Proven and Probable ('2P') Reserves were 172.4 MMboe. In addition, the Company has net Contingent Resources ('2C') associated with near-term projects of 22.6 MMboe.
18 Mar 26
China: SLB OneSubsea awarded EPC contract by CNOOC
SLB OneSubsea has been awarded an EPC contract by China National Offshore Oil Corporation (CNOOC) for the deepwater Kaiping 18-1 field development in the South China Sea.
18 Mar 26
Brazil: Petrobras to acquire Petronas’ 50% stake in the Tartaruga Verde and Espadarte Module III fields in Brazil’s Campos basin
Petrobras, as a partner and operator of the Tartaruga Verde and Espadarte – Module III fields, located in the Campos Basin, has expressed its right of first refusal to acquire from Petronas its 50% stake in the assets. After the completion of the transaction, Petrobras will once again hold 100% ownership of the assets, remaining as operator.
17 Mar 26
Guyana: ExxonMobil and Halliburton achieve world’s first fully closed-loop automated geological well placement in Guyana
Halliburton, in collaboration with ExxonMobil, Sekal, Noble, and the Wells Alliance Guyana team, delivered a groundbreaking step forward in digital well construction to achieve the industry’s first fully automated geological well placement with complete rig automation in offshore Guyana.
17 Mar 26
Italy: Zelestra secures 1.5 TWh under Italy’s Energy Release 2.0, supporting new solar capacity
Zelestra, a global, multi-technology, customer-focused renewable energy company, has signed bilateral contracts under Italy’s Energy Release 2.0 mechanism for a total volume of 1.5 TWh, reinforcing its position as a key renewable energy partner to Italian industry.
17 Mar 26
US: BOEM analyzes proposed offshore well stimulation work at Platform Gilda, offshore California
The Bureau of Ocean Energy Management has issued a Notice of Intent to prepare an Environmental Impact Statement for a proposed update to the Santa Clara Unit Development and Production Plan, which includes the use of hydraulic fracturing on 16 existing wells at Platform Gilda, located 8.8 miles offshore Ventura County, California.
17 Mar 26
UK: Defence experts urge UK to treat energy security as part of national security - and accelerate renewables to reduce exposure to global price shock
A new report by Public First, produced in collaboration with the Royal United Services Institute (RUSI) and commissioned by RenewableUK, warns that ongoing reliance on internationally-traded gas has left the UK over-exposed to global price shocks, fiscal risk and hostile state activity.
17 Mar 26
Denmark: RWE reports first generation at Thor offshore wind farm
One milestone follows another at the 1.1-gigawatt Thor offshore wind farm off Denmark’s west coast near Jutland: Yesterday, shortly after the installation of the first turbine, Thor delivered electricity into the Danish grid for the first time. Once fully operational in 2027, Thor will be able to power the equivalent of more than one million Danish homes.
17 Mar 26
Eni signs new 5-year revolving credit facility of €9 billion
Eni has signed a new 5-year revolving credit facility of €9 billion, with an option to extend for another 2 years, refinancing the previous credit facilities of €6 billion and €3 billion signed in 2022 and 2023, respectively. The new facility will maintain the Group's financial flexibility and extend the maturity of the available lines.
17 Mar 26
Australia: European Energy inaugurates Lancaster solar park in Australia
European Energy has inaugurated the 108 MW Lancaster Solar Farm in the state of Victoria in Australia, further expanding the company’s renewable energy portfolio in the country. The solar park comprises approximately 170,000 solar panels and will supply renewable electricity to Apple under a long-term power purchase agreement.
17 Mar 26
Angola: Seadrill announces contract extension in Angola
Seadrill has announced that Sonadrill, its 50:50 joint venture with an affiliate of Sonango, has been awarded a contract extension. A seven-well priced option for the ultra-deepwater drillship Sonangol Quenguela has been exercised, extending operations in Angola by approximately 480 days and committing the rig into June 2028.
17 Mar 26
Norway: Equinor’s investigation report following the fatal accident at Mongstad is complete
Equinor has completed its internal investigation into the workplace accident at Mongstad on 17 September 2025, in which a worker lost his life. The purpose has been to ensure learning and to identify measures that can strengthen safety in crane and lifting operations across the company.
17 Mar 26
Greece: EnEarth awards FEED contract for Prinos Carbon Storage Project to Kent - A Key EU Decarbonisation Initiative in Greece
EnEarth Greece, a wholly owned subsidiary of Energean, has announced the award of the Front-End Engineering Design (FEED) contract for the Prinos CO2 Project to Kent. This milestone marks a significant step towards delivering one of the flagship carbon storage projects in Europe.
17 Mar 26
Germany: Nordex Group receives new orders for 137 MW for repowering projects on the island of Fehmarn in Germany
The Nordex Group has received two new orders for repowering projects on the Baltic Sea island of Fehmarn in Germany. For the two wind farms Fehmarn-Mitte I and Fehmarn-Mitte II, Nordex will supply and install 24 wind turbines of the N163/5.X type. The total capacity of the orders from the company Fehmarn-Mitte GmbH amounts to 136.8 MW.
17 Mar 26
Angola: bp confirms production start-up from the New Gas Consortium project in Angola
bp has confirmed start-up of gas production from the Quiluma field, part of the New Gas Consortium (NGC) in Angola, as reported by operator Azule Energy. This milestone continues the strong delivery of project start-ups and exploration discoveries for Azule Energy – a 50:50 joint venture between bp and Eni.
17 Mar 26
US: Interior holds second Lease Sale in the Gulf of America under One Big Beautiful Bill Act advancing American energy dominanc
The Department of the Interior announced the Bureau of Ocean Energy Lease Sale Big Beautiful Gulf 2, or BBG2, generated $46,976,423 in high bids. Deputy Secretary Kate MacGregor and Acting Assistant Secretary for Land and Minerals Management Lanny Erdos attended the sale.
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