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26 Nov 25
UK: Decommissioning champions of North Sea 2025 revealed as award winners announced
An innovative operator demonstrating excellence in deploying new technology plus a contractor with an outstanding track record for managing multiple offshore structures are the winners announced at OEUK’s 2025 Excellence in Decommissioning Awards ceremony yesterday (November 25).
26 Nov 25
Colombia: Arrow announces appraisal well M-6 results - M-6 successfully drilled and on production
Arrow Exploration, the high-growth operator with a portfolio of assets across key Colombian hydrocarbon basins, has provided an update on the operational activity at the Mateguafa Attic field on the Tapir Block in the Llanos Basin of Colombia where Arrow holds a 50 percent beneficial interest.
26 Nov 25
Energean announces Trading Statement and Operational Update
Energean has provided an update on recent operations and the Group's trading performance in the nine-months to 30 September 2025. Despite the challenging geopolitical and macro environment, business remained resilient, generating $828 million in adjusted EBITDAX for the 9M period and maintaining year-on-year Cost of Production (excluding royalties) at $6/boe.
26 Nov 25
US: 88 Energy provides update on Project Phoenix and 2026 production test program
88 Energy has provided an update on Project Phoenix (~75% working interest), its advanced conventional oil and gas project located on the North Slope of Alaska. Project Phoenix is subject to a Farmout Participation Agreement, entered into with Burgundy Xploration in February 2025.
26 Nov 25
Brazil: Five Takeaways from COP30 in Belém
Ahead of the COP30 in Belém, IRENA identified five priority areas to accelerate progress towards efforts to triple renewables globally and double energy efficiency by 2030 - both critical energy targets to keep the Paris Agreement goals alive.
26 Nov 25
Energy Holdings Q3 2025: Strong operational execution and strategic delivery
SED Energy Holdings ('Energy Holdings') delivered solid third-quarter results, supported by high technical utilization and strong operational execution. Revenue and EBITDA increased year-over-year, reflecting more active rigs at higher day rates, while two rigs completed yard work ahead of new long-term contracts that commenced in the fourth quarter.
26 Nov 25
UK: DeepOcean supports Gryphon Alpha FPSO disconnection with innovative methods
Ocean services provider DeepOcean is nearing completion of a contract awarded by TotalEnergies for the disconnection and tow of the Gryphon Alpha FPSO, as well as the removal of associated subsea infrastructure. This marks a first, with proprietary tooling designed and developed in-house enabling the entire scope to be executed fully diverless.
26 Nov 25
UK: Growing risk of UK offshore energy supply chain relocating overseas due to project delays, survey finds
Frequent delays to offshore energy and infrastructure projects are threatening the viability of the UK supply chain, according to a new study from the leading trade and industry development body for the nation's underwater sectors.
26 Nov 25
US: Seatrium awarded second deepwater FPU contract from bp
Seatrium has been awarded a contract from BP Exploration and Production Inc for the engineering, procurement, construction and onshore commissioning of the Tiber Floating Production Unit ('FPU') project in the Gulf of America.
25 Nov 25
Uruguay: Eni acquires from YPF a 50% share and operatorship in the exploration Block OFF-5 offshore Uruguay
Eni has signed an agreement for the acquisition from YPF of a 50% share and operatorship in the exploration Block OFF-5 in Uruguay’s offshore. Block OFF-5 represents a highly prospective area that further strengthens Eni’s exploration portfolio that combines a large and robust set of near-field and infrastructure-led exploration prospects.
25 Nov 25
Egypt: The President of Egypt Abdel Fattah El-Sisi meets Eni CEO Claudio Descalzi
The President of the Arab Republic of Egypt, Abdel Fattah el-Sisi met with Eni Chief Executive Officer Claudio Descalzi to discuss Eni's strong partnership with Egypt and the upcoming new initiatives. During the meeting, Eni CEO Descalzi reviewed the company’s recent investments in the Country’s Upstream sector, which helped to confirm Eni’s role as Egypt’s top oil and gas producer.
25 Nov 25
Nigeria: TotalEnergies completes the divestment of its non-operated interest in the Bonga field
TotalEnergies has announced that its subsidiary TotalEnergies EP Nigeria has completed the divestment of its 12.5% non-operated interest in the OML118 Production Sharing Contract to Shell Nigeria Exploration and Production Company (10%) and Nigerian Agip Exploration (2.5%) for an aggregated amount of USD 510 million.
25 Nov 25
France: TotalEnergies demobilizes its floating LNG terminal in Le Havre
In 2022, when Europe faced a major energy crisis due to a sharp decline in gas imports from Russia, TotalEnergies provided France, at its own expense and without any public subsidies, with a LNG floating storage and regasification unit (FSRU) in the port of Le Havre. Now that gas supply conditions in France and Europe have stabilized, TotalEnergies has decided to demobilize its LNG FSRU in Le Havre.
25 Nov 25
Vantage Drilling International reports third quarter 2025 results
Vantage Drilling International reported a net income attributable to shareholders of approx. $67.2 million or $4.97 per diluted share for the three months ended September 30, 2025, based on the weighted average shares outstanding, as compared to a net loss attributable to shareholders of approx. $10.6 million or $0.80 per diluted share for the three months ended September 30, 2024.
25 Nov 25
UK: Tattva Group to invest £2mn in PDi to drive North Sea growth
Tattva Group has announced a £2 million investment in Project Development International (PDi), signalling a strategic push to expand its footprint in the North Sea, with a particular focus on engineering and procurement services to support operations and decommissioning.
25 Nov 25
Zenith Energy provides update sale of ZEN-260 drilling rig
Zenith Energy, the listed international energy production and development company, has provided an update regarding the sale of its fully owned ZEN-260 onshore drilling rig ('ZEN-260').
25 Nov 25
Nigeria: Eni increases its stake in Nigerian deepwater block OML 118
Eni, through its subsidiary Nigeria Agip Exploration Limited (NAE), has announced the acquisition from TotalEnergies EP Nigeria Limited of an additional 2.5% stake in the Production Sharing Contract (PSC) OML 118, exercising its pre-emption right.
25 Nov 25
FairWind accelerates Asia Pacific growth strategy with Japanese partnership agreement
FairWind has signed a strategic partnership agreement with Japanese turbine operations and maintenance specialist Wind Energy Partners (WEP). It marks the latest phase in FairWind’s Asia Pacific growth strategy following the announcement that the business acquired leading Australian wind installation and maintenance provider, Cosmic Group, in October.
25 Nov 25
Spain: Zelestra and ECODES collaborate with Microsoft to deliver clean energy and social impact in Aragón, Spain
Zelestra, a global renewable energy company, has announced a new collaboration in Aragón, Spain, with ECODES and Microsoft to boost social and environmental community investment in the region.
25 Nov 25
Spain: Nordex Group wins new order from Grupo Enhol for 34 MW for the repowering of a wind farm in Spain
The Nordex Group has secured a new order from its long-standing customer Grupo Enhol for the supply and installation of six N163/5.X wind turbines in Navarra, Spain. The repowering project Caparroso will have a total installed capacity of 34.2 MW.
25 Nov 25
UK: Structural reform needed to address UK electricity price pressures
New research from the University of Aberdeen warns that UK electricity bills are unlikely to fall under current arrangements and urges policymakers to consider structural reforms to protect consumers while delivering the energy transition.
25 Nov 25
Norway: Technip Energies to supply liquefied CO2 marine loading arms for phase 2 of the Northern Lights project in Norway
Technip Energies Loading Systems has been awarded a contract to supply three fully electric marine loading arms for phase 2 of the Northern Lights CO2 transport and storage project in Øygarden, Norway.
25 Nov 25
Timor Leste: New era of cooperation dawns for Greater Sunrise
The Ministry of Petroleum and Mineral Resources of Timor-Leste (MPRM) and Woodside Energy have announced the signing of a Cooperation Agreement to carry out studies and activities to mature a Timor-based LNG concept (TLNG).
25 Nov 25
Norway: Integrated Wind Solutions Q3 2025 reports record net profit
Integrated Wind Solutions, an offshore wind service company listed on the Oslo Stock Exchange, has published its Q3 2025 Financial Report and Presentation. The Company reports another healthy quarter with a record net profit.
25 Nov 25
US: Diversified Energy completes Canvas Energy acquisition
Diversified Energy Company has announced the closing of its previously announced, accretive acquisition of Canvas Energy, which adds complementary operated producing properties and acreage positions in Oklahoma.
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