energy-pedia news

Search energy-pedia news by selecting date, type, and region from the drop-down boxes

The full News Archive is available to Corporate Subscribers only. Non-Subscribers can access up to four years of archived news. For details of how to subscribe click here.

Reset

08 Jun 26	Union Jack Oil signs facility agreement with Egdon Resources UK AIM-listed Union Jack Oil, a UK and USA focused onshore hydrocarbon production, development and exploration company, has announced the signing of a facility agreement with Egdon Resources U.K. through which Egdon has agreed to provide Union Jack with a secured term loan facility of £1,000,000. The Loan will provide the Company with additional working capital for general corporate purposes.
08 Jun 26	Lime Petroleum provides update on strategic review and restructuring process Lime Petroleum Holding has provided an update on the ongoing strategic review and restructuring process. Since its appointment on 10 April 2026, the Board has focused on identifying recoverable values within the group and establishing how maximum value can best be realised in the interest of the Company’s bondholders.
08 Jun 26	Indonesia: Conrad Asia Energy executes Mako offshore drilling rig contract Conrad Asia Energy has announced that its subsidiary, West Natuna Exploration Limited ('WNEL'), the operator of the Duyung PSC in the Natuna Sea, offshore Indonesia, has formally executed a binding contract with PT Pertamina Drilling Services Indonesia through the PDSI – ADES Consortium for the provision of a jack-up drilling rig to support the development of the Mako Gas Field.
08 Jun 26	TGS acquires Apparition Geoservices to deliver a step-change in seismic efficiency and subsurface imaging TGS, a leading global provider of energy data and intelligence, has announced the acquisition of Apparition Geoservices GmbH, securing exclusive access to its proprietary simultaneous source acquisition and separation technology.
08 Jun 26	PETRONAS and regional partners to advance offshore oil recovery PETRONAS, through Malaysia Petroleum Management (MPM), has signed a Memorandum of Understanding (MoU) with regional Exploration and Production (E&P) operators and University Technology PETRONAS (UTP) to jointly evaluate opportunities for improved and enhanced oil recovery (IOR/EOR) in offshore acreages.
08 Jun 26	Italy: Zenith Energy announces acquisition of PV development project in Rome Zenith Energy, the international energy production and development company, has announced the acquisition of an additional 5 MWp ground-mounted photovoltaic development project located within the Metropolitan City of Rome in the Lazio region of Italy.
07 Jun 26	Sonardyne, AMOG sign subsea asset monitoring MoU Underwater technology specialist Sonardyne has signed a Memorandum of Understanding (MoU) with international advanced engineering company AMOG to provide a complete subsea asset monitoring service to offshore energy infrastructure operators.
07 Jun 26	Gambia: Eni awarded exploration Block A1 in The Gambia Eni and the Government of The Gambia have signed a Petroleum Exploration Development and Production License Agreement for the Block A1 offshore the Republic of The Gambia. The Block A1 covers an area of 1,300 km2 in water depths ranging from 1,250 to 3,300 m. The Block is located in a region of the Atlantic margin with proven hydrocarbon discoveries.
07 Jun 26	US: BLM holds first successful Coastal Plain Oil and Gas Lease Sale under Working Families Tax Cuts Act The Bureau of Land Management held an oil and gas lease sale June 5 for the Coastal Plain of the Arctic National Wildlife Refuge in Alaska, resulting in five leases and $3,741,528 in total receipts.
07 Jun 26	Study shows offshore wind could potentially cover 11% of North Sea by 2050 New research has mapped a plausible scenario for how offshore wind could reshape the North Sea by 2050, showing that if all current political commitments were built, around 11% of the basin would fall within wind farm boundaries.
07 Jun 26	Protecting the UK’s offshore energy installations must be a national priority: A perspective from the frontline Protecting the UK’s offshore energy installations must be a national priority: A perspective from the frontline: said Graham Skinner, Health, Safety & Security Policy Manager, OEUK. The UK oil, gas and offshore wind industry operates in some of the most challenging conditions anywhere in the world. Some of it is hundreds of miles offshore in the North Sea and closer to Norway than to the UK mainland.
06 Jun 26	Spain: ACCIONA Energía to sell 64MW hydro portfolio to White Summit Capital ACCIONA Energía has reached an agreement for the sale of a 64MW hydro portfolio in northern Spain to White Summit Capital, an infrastructure manager specializing in the energy transition.
06 Jun 26	MODEC and Eld Energy sign MoU to develop a 1.2 MW power system integrated with Carbon Capture for future Zero-Emission FPSOs MODEC and Eld Energy announced the signing of a Memorandum of Understanding (MOU) to develop a highly efficient 1.2MW power system integrated with carbon capture for application on Floating Production, Storage and Offloading systems (FPSOs).
05 Jun 26	UK: Key clean energy milestone reached as construction starts on Netherton Hub A major strategic clean energy project has reached a key milestone, with a groundbreaking event held yesterday (Wednesday, 3 June) to mark the start of main construction at the Netherton Hub near Peterhead.
05 Jun 26	Thailand: Velesto secures drilling contract for NAGA 6 in Thailand Velesto Energy has secured a contract award from Northern Gulf Petroleum (‘NGP’) for the provision of jack-up drilling rig services and associated services offshore Thailand. Under the contract, Velesto will provide NAGA 6 for a drilling campaign located in the Gulf of Thailand.
05 Jun 26	Latvia: EBRD helps HoSt Group boost biomethane production in Latvia The European Bank for Reconstruction and Development (EBRD) is boosting Latvia’s biomethane production capacity and use of renewable fuels with a €26 million loan to SIA Next Biogas, a subsidiary of the Netherlands-based HoSt Group.
05 Jun 26	Greece: EBRD invests in Hellenic Halyvourgia’s new solar park in Greece The European Bank for Reconstruction and Development (EBRD) has signed a financing package to support the construction of a 32 MW solar photovoltaic park in Greece, which will supply renewable electricity to the production facilities of Hellenic Halyvourgia, one of the largest producers of steel products in the Balkans.
05 Jun 26	EBRD and EU step up support for digital and green investments The European Bank for Reconstruction and Development (EBRD) and the European Union (EU) are stepping up their support for the green transition across the Western Balkans, and digital development across the regions outside the EU where the EBRD operates.
05 Jun 26	Romania: EBRD backs large-scale battery storage project in Romania The European Bank for Reconstruction and Development (EBRD) is supporting the development of a large-scale battery energy storage system in Scornicesti, Romania. The Bank will provide up to €44 million in financing to support the project’s development, construction and operation, on a non-recourse project finance basis.
05 Jun 26	UK: Qair secures its first UK financial close for 46MWp Brecks Solar Farm Independent renewable energy company Qair has successfully secured financing for its 46.51 MWp Brecks Solar Farm, the Group’s first project in the UK to reach financial close.
05 Jun 26	Serbia: Emergy successfully closes sale of 168 MW Alibunar wind project in Serbia Emergy has announced the successful completion of the sale of the 168 MW Alibunar wind project in Serbia to Heavy Energy International.