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28 Nov 25
Shearwater announces third quarter 2025 results
Shearwater Geoservices has published its third quarter 2025 results. Revenue was USD 146.5 million compared to USD 178.7 million in the third quarter of 2024. EBITDA was USD 5.2 million, a decrease from the year-ago period (USD 50.6 million) due to lower activity, changed project mix and recognition of expected multi-client revenue delayed to the fourth quarter.
28 Nov 25
Cadeler expands fleet with delivery of 10th wind turbine installation vessel, Wind Mover
Cadeler has announced the successful delivery of Wind Mover, the tenth vessel to join the company’s growing fleet of next-generation wind turbine installation vessels (WTIVs). The vessel is delivered ahead of schedule and will, following her mobilisation, head directly into operations in Europe.
28 Nov 25
Romania: EBRD accelerates Romania’s green transition with €192 million solar finance
The European Bank for Reconstruction and Development (EBRD) is supporting Romania’s energy security by arranging a €192 million financing package for the construction of three new solar power plants with a total installed capacity of 531 MW in south-eastern Romania.
28 Nov 25
Ocean Sun achieves world’s first Type Certificate for a floating solar structure by Bureau Veritas
Ocean Sun has announced a milestone for the company’s patented membrane-based floating solar system. It has been awarded the world’s first Type Certificate for a floating solar structure by Bureau Veritas Marine & Offshore (BV).
28 Nov 25
Westwood Insight – UKCS pipeline interconnectivity demonstrates the importance of a managed transition
Westwood’s latest report for Offshore Energies UK (OEUK) examines offshore infrastructure trends and the challenges of early closure of infrastructure on the UK Continental Shelf (UKCS).
28 Nov 25
Dolphin Drilling announces financial results for Q3 2025
Dolphin Drilling has announced its preliminary financial results for the three months ended 30 September 2025.
28 Nov 25
Congo Brazzaville: PetroNor E&P confirms USD 33.1 million cash sale of PNGF Sud oil
PetroNor E&P confirms that 540,079 bbls of oil were lifted and sold from the Djeno Terminal in November 2025, generating a cash inflow of USD 33.1 million at a realised price of USD 61.3 per barrel.
28 Nov 25
Angola: Eni inaugurates gas treatment plant in Soyo, Angola
Eni, through its satellite company Azule Energy, has inaugurated the NGC Gas Treatment Plant in Soyo, northern Angola. The NGC project is Angola’s first non-associated gas development, with a processing capacity of approx. 400 million standard cubic feet of gas per day (MMscfd) and 20,000 barrels of condensate per day.
28 Nov 25
Invictus Energy provides update on AMOG JV and AMH Strategic Partnership
Invictus and AMH continue to finalise the partnership and governance framework through their joint venture company Al Mansour Oil & Gas ('AMOG').
28 Nov 25
Comoros: TGS signs key agreement granting the rights to market and license geophysical data covering the Comoros’s offshore basins
TGS has announced the signing of a key agreement with the Gouvernement de L’Union des Comores and the Bureau Géologique des Comores granting TGS the rights to market and license geophysical data covering the Comoros’s offshore basins.
27 Nov 25
UK: Global Underwater Hub reacts to Autumn Budget and North Sea Future Plan
Neil Gordon, chief executive of Global Underwater Hub, has reacted to the outcomes of the Labour Government’s Autumn Budget and the North Sea Future Plan. Following months of calls from industry, there will be disappointment that the Energy Profits Levy has been maintained.
27 Nov 25
Parkmead Group announces preliminary results for the year ended 30 June 2025
Parkmead, the independent energy group focused on growth through gas and renewable energy projects, has reported its preliminary results for the year ended 30 June 2025.
27 Nov 25
Brunei: ADES secures new contract for 'Compact Driller' standard jackup in Brunei
ADES Holding Company, a world-leading oil and gas drilling services provider, has secured through its wholly owned subsidiary Shelf Drilling a new contract for the Compact Driller standard jackup with Brunei Shell Petroleum. The contract has a term of two years. The jackup will be deployed to perform plug and abandonment ('P&A') operations offshore Brunei.
27 Nov 25
ADES completes acquisition of Shelf Drilling, cementing its position as the global leader in offshore drilling
ADES Holding Company, a world-leading oil and gas drilling services provider, has announced the successful completion of its acquisition of Shelf Drilling through a cash merger. The acquisition marks a pivotal step in ADES’ transformation, firmly establishing ADES as the global leader in offshore drilling.
27 Nov 25
Ireland: Gas Networks Ireland selects the Shannon Estuary as location for the Strategic Gas Emergency Reserve
Gas Networks Ireland has selected Cahiracon, Co. Clare along the Shannon Estuary as the location for Ireland’s new Strategic Gas Emergency Reserve (SGER) The Strategic Gas Emergency Reserve is a State-led project that will provide a temporary natural gas facility that can be used in the event of a disruption to Ireland’s gas supplies.
27 Nov 25
Brazil: Petrobras supplies Transpetro ships with bunker fuel containing renewable content
Between November 10th and 17th, Petrobras supplied three Transpetro ships with bunker fuel containing 24% renewable content. The operation took place at the São Sebastião Waterway Terminal (Tebar), in São Paulo. During COP30, held in Belém (PA), Petrobras also contributed by supplying diesel with renewable content for the dedicated bus fleet and for electric power generators used at the event.
27 Nov 25
UK: Lights out for North Sea oil and gas as Chancellor keeps windfall
Chancellor Rachel Reeves has confirmed the Energy Profits Levy will remain until 2030, rejecting industry calls for urgent reform and triggering fresh warnings over jobs, investment and UK energy security. The EPL - first introduced in 2022 - keeps North Sea operators at a 78% headline tax rate. From 2030, it will be replaced by a new Oil and Gas Price Mechanism.
27 Nov 25
UK: Government sets out plan to manage existing North Sea oil and gas fields, protect jobs and grow clean energy industries
As part of the Budget, the UK government stated that the North Sea – its communities, workers, businesses and supply chains – will be at the heart of Britain’s clean energy and industrial future as the UK government has published a landmark plan to protect existing jobs and deliver the next generation of good, new jobs.
27 Nov 25
UK: Government North Sea plans: ‘Tinkering around the edges that will not deliver’
In response to the government’s North Sea Future Plans consultation response, Unite, the UK’s leading union, has described it as tinkering around the edges by a government still lacking a coherent plan for the long-term transition of work for oil and gas workers.
27 Nov 25
US: Buccaneer Energy announces acquisition of additional Fouke Area acreage
AIM-listed Buccaneer Energy, an international oil & gas exploration and production company with development and production assets in Texas, USA, has announced the acquisition of a 32.5% interest in offsetting leasehold acreage in the Fouke area of the Pine Mills field.
27 Nov 25
UK: Serica Energy announces trading and operations update
AIM-listed Serica Energy has issued a trading and operations update in respect of the third quarter and first nine months of 2025.
27 Nov 25
UK: EnQuest wins 'Excellence in Decommissioning' award
EnQuest is proud to announce that it has won the Offshore Energies UK ('OEUK') award for Excellence in Decommissioning in recognition of its sector-leading work on the Heather Decommissioning Project.
27 Nov 25
US/Namibia: 88 Energy Corporate Presentation available online
88 Energy has announced that the Company's November 2025 Corporate Presentation is available on the 88 Energy website, with updates on: North Slope, Alaska: Project Phoenix, Project Leonis and Expansion Leases, and Owambo Basin, Namibia: PEL 93.
27 Nov 25
Malaysia: Shearwater awarded OBN contract for Shell-operated field off the west coast of Sabah, Malaysia
Shearwater Geoservices has been awarded a contract by Sabah Shell Petroleum Company for an ocean bottom node (OBN) 4D seismic survey at its operated field off the west coast of Sabah, Malaysia. The two-month project will be carried out in early 2026 using the unique SW Tasman, designed to perform both node deployment and seismic source operations.
27 Nov 25
Germany: Nordex Group opens new test bench for wind turbine electrical systems in Rostock
With today’s inauguration of a state-of-the-art generator converter test bench at its Rostock site, the Nordex Group is focusing on expanding and strengthening its technological expertise in grid integration for its wind turbines.
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