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03 Nov 26
Wood partners with Databricks to help energy companies realise greater value from AI
Wood today announced a partnership with Databricks to help energy companies turn AI investments into measurable operational and business outcomes across the full asset lifecycle.
03 Nov 26
India: Vedanta Oil & Gas accelerates exploration in the KG-DWHP-2017/1 deepwater block
Vedanta Oil and Gas Limited, India’s leading private oil and gas producer, has entered into a strategic partnership with Exceed – a Kent company, and a globally recognised well management and engineering specialist, to advance exploration in the KG-DWHP-2017/1 deepwater block located in the prolific Krishna-Godavari (KG) Basin in the East Coast.
03 Nov 26
Billions to be invested in security of supply: Following success at auction, RWE set to build three new hydrogen-compatible power stations in Germany
In the tender for long-term capacity under the Electricity Supply Security and Capacity Act (StromVKG), the German Federal Network Agency today awarded RWE contracts for three power station projects, with a total capacity of around 2,100 megawatts (rMW*). All three power station sites are in the state of North Rhine-Westphalia and will thus contribute in particular towards strengthening security of supply in one of Germany's key industrial regions.
03 Nov 26
UK: Government grants development consent for Sea Link
On 30 October 2026, the Secretary of State for Energy Security and Net Zero granted development consent for Sea Link, a new 138 km primarily offshore high voltage electricity link between Kent and Suffolk.
03 Nov 26
UK: Chancellor putting billions of offshore wind investment at risk, warns Aberdeen Chamber
The Chancellor's new approach to renewable energy risks putting billions of pounds of offshore wind investment and thousands of Scottish jobs in jeopardy, Aberdeen & Grampian Chamber of Commerce (AGCC) has warned.
03 Nov 26
Mozambique: Eni announces the beginning of the drilling campaign for the Coral North FLNG Project
Eni and its Area 4 partners, China National Petroleum Corporation (CNPC), ENH, KOGAS and XRG, announce the startup of the drilling and completion campaign for the Coral North Project offshore Mozambique. The activity marks another significant milestone towards the project’s startup in 2028, further unlocking the country's vast offshore natural gas resources.
03 Nov 26
Brazil: Petrobras completes drilling with another oil discovery in ultra-deep waters off Amapá
Petrobras has identified another oil-bearing interval in the Morpho well, marking the third discovery in block FZA-M-59, located in ultra-deep waters off the coast of the state of Amapá, in a water depth of 2,886 meters.
03 Nov 26
ADNOC Gas signs five-year LNG supply agreement with TotalEnergies
ADNOC Gas and its subsidiaries have announced a five-year liquefied natural gas (LNG) supply agreement with TotalEnergies for up to 1.6 million tonnes of LNG.
03 Nov 26
Italy: Independent Valuation of Zenith Energy's Italian solar development pipeline rises to EUR 85.6 million
Zenith Energy has received an updated independent valuation of EUR 85.6 million for its Italian solar development pipeline. The valuation reflects a diversified Development Pipeline spanning the permitting phase through to Ready-to-Build and construction readiness.
03 Nov 26
Jadestone Energy provides operational update
AIM-listed Jadestone Energy, an independent upstream production and development company focused on the Asia-Pacific region, has provided an operational update. Following the resumption of production at CWLH (Cossack, Wanaea, Lambert, and Herme oil fields development, offshore Western Australia), Group production has risen to ~19,000 boepd, with the Stag field remaining offline. 2026 Group production guidance of 16-18,000 boepd is unchanged.
03 Nov 26
Odfjell Drilling reports for Q3 2026
During Q3, Odfjell Drilling overcame one of its toughest operational challenges in recent years while at the same time, securing industry-leading contract rates for its units. As a result, Odfjell Drilling is now back to full strength and, in the last few months, the Company has been awarded contracts which are cumulatively worth well over USD 700 million.
03 Nov 26
Norway: Vår Energi and its partners have drilled a dry well on the 'Jotun Deep' prospect - 25/8-24 S
Vår Energi and its partners have drilled a dry well on the 'Jotun Deep' prospect. Wildcat well 25/8-24 S was drilled in production licence PL 1203.
03 Nov 26
Venezuela: GeoPark to operate Venezuela’s Bare Block under 25-year PDVSA contract
GeoPark has announced the effectiveness of the 25-year Production Participation Contract ('CPP') for the Bare Block in Venezuela, together with the completion of the related share issuance transaction with Grupo Gilinski. The transaction adds a large-scale, long-duration brownfield redevelopment platform to GeoPark’s existing operations in Colombia and Argentina.
03 Nov 26
Halliburton acquires Keystone AS to strengthen digital well construction capabilities
Halliburton has announced the acquisition of Keystone AS, a Norway-based software company that develops digital solutions for well planning and execution. The acquisition strengthens Halliburton Landmark’s drilling and completion portfolio with an integrated, AI-native digital workflow that connects planning through rig execution.
02 Nov 26
Valaris reports Q3 2026 results
Valaris has reported third quarter 2026 results. The Company reports: Total operating revenues of $594 million and net income of $47 million. Adjusted EBITDA of $151 million, which includes approximately $24 million of negative impacts from the Middle East conflicts, and Revenue efficiency of 97% during the quarter and 98% year to date.
02 Nov 26
Italy: RWE commissions 47.2 megawatt wind farm in Italy
Less than one year after construction start, RWE has commissioned its Serra Palino onshore wind farm in the Apulia region of southern Italy. With a total installed capacity of 47.2 megawatts (MW), the wind farm comprises eight wind turbines of 5.9 MW each and is capable of generating enough green electricity to supply approximately 40,000 Italian households.
02 Nov 26
Netherlands: Van Oord and Vestas complete Ecowende installation
The last of the 52 wind turbines at the Ecowende offshore wind farm was installed on October 30th 2026. The turbine stands approximately 53 kilometres off the coast of IJmuiden, in the Hollandse Kust (west) wind farm zone, Lot VI. With this milestone, Ecowende enters the final phase of construction. The wind farm is expected to be operational by the end of 2026.
02 Nov 26
TotalEnergies Energy Outlook 2026
As a contribution to the public debate on the energy transition, TotalEnergies publishes the 8th edition of its 'TotalEnergies Energy Outlook', which presents an overview of the energy system as well as scenarios for its evolution through 2060.
02 Nov 26
Norway: BW Offshore: 50% owned joint venture awarded NOK 1.94 billion Enova grant for floating offshore wind project
BW Offshore has announced that Fram Wind Solutions AS, a joint venture between BW Offshore, Grieg Kapital and Fram Green Technology, has received formal confirmation of a NOK 1.94 billion grant from Enova. The grant supports a project based on two 18.5 MW floating wind turbines, the largest in the world, with a combined capacity of 37 MW, using BW Ideol’s patented Damping Pool floating foundation.
02 Nov 26
Norway: Subsea7 awarded contract offshore Norway
Subsea7 has announced the award of a substantial contract by Aker BP for the Lyra field development project, formerly known as Kjøttkake, located in the northern part of the North Sea, approx. 44 kms from the Gjøa platform offshore Norway. The Lyra field development will be tied back to the existing Gjøa platform through the NOVA field infrastructure.
02 Nov 26
Eni publishes the 25th edition of the World Energy Review
The 25th edition of the World Energy Review (WER) is now available on eni.com. With this new comprehensive edition covering 2025 data, Eni renews its commitment to providing a clear and practical perspective on global energy dynamics.
02 Nov 26
UK: bp has completed the sale of a 65% stake in Castrol to Stonepeak
bp has completed the sale of a 65% stake in Castrol to Stonepeak. bp is using the $6 billion in after-tax proceeds to further reduce financial obligations, in line with its first priority of strengthening the balance sheet. Castrol will now operate as a standalone company with its own management, governance and strategic priorities, and bp will retain a 35% stake.
02 Nov 26
Norway: Aker BP and partner Equinor drill dry appraisal well in the North Sea (15/6-18 S)
Aker BP and its partner Equinor have drilled appraisal well 15/6-18 S on the 15/6-10 'Freke' discovery, which was made in 2009. The well did not prove additional volumes, and the resource estimate for 'Freke' therefore remains unchanged. The licensees will now evaluate the discovery and clarify the commercial potential.
02 Nov 26
UK: BW ESS announces commercial operations of Hams Hall Battery Energy Storage System
Global energy storage owner-operator BW ESS has announced the start of commercial operations for the first phase of its Hams Hall battery energy storage system (BESS) in the West Midlands. The milestone, achieved last week, brings 350 MW / 1,243 MWh of storage capacity into commercial operation; the largest BESS by storage capacity (MWh) in Europe and a significant step forward in the delivery of infrastructure supporting the UK’s transition to a cleaner, more resilient energy system.
02 Nov 26
Malaysia: TotalEnergies signs agreements to acquire operated interest in two major offshore gas fields
TotalEnergies has announced the signing of agreements with PETRONAS Carigali Sdn Bhd (PCSB), PTTEP and KUFPEC to acquire a 30% operated interest in the Lang Lebah and B14 gas fields, located off the coast of Sarawak, Malaysia.
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