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16 Dec 25
Canadian Natural Resources announces 2026 budget
Canadian Natural’s President, Scott Stauth, commented on the Company's 2026 budget. The Company's low cost, long life low decline asset base allows Canadian Natural to maintain a strong balance sheet through commodity price cycles while providing significant and sustainable returns to its shareholders.
16 Dec 25
Norway: Norwegian Offshore Directorate postpones regulatory changes
The Norwegian Offshore Directorate has put forward proposed changes to the Regulations relating to resource management in the petroleum activities and the Regulations relating to documentation in connection with storage of CO2 on the shelf for public consultation.
16 Dec 25
ReconAfrica has provided a Y/E operational update on the progress of its projects in Namibia, Angola and Gabon
Reconnaissance Energy Africa (ReconAfrica) has provided a year-end corporate operational update on its projects in Namibia, Angola and Gabon.
16 Dec 25
US: Shell invests in Kaikias waterflood to unlock production in Gulf of America
Shell Offshore, a subsidiary of Shell, has taken a final investment decision (FID) on a waterflood project at its Kaikias field in the US Gulf of America. Water will be injected to displace additional oil in the reservoir formation which supplies production to Shell’s Ursa platform in the Mars Corridor.
16 Dec 25
Australia: Subsea 7 awarded contract offshore Australia
Subsea 7 has announced a substantial award by Chevron Australia. The contract covers subsea installation on the Gorgon Stage 3 (GS3) Project, offshore Australia.
16 Dec 25
Finland: Vestas announces three orders for a total of 277 MW with EnVentus wind turbines in Finland
Vestas has announced three orders for a total of 277 MW with EnVentus wind turbines in Finland. Delivery and commissioning is planned to begin Q2/Q3 2027.
16 Dec 25
Sweden: Europe's first 'wind power-built' car park inaugurated
The new Niels Bohr car park in Lund, Sweden, was recently inaugurated, a building partly constructed from disused rotor blades from wind turbines. The building is the first of its kind in Europe and has a façade made from rotor blades from Vattenfall's now decommissioned Nørre Økse Sø wind farm.
16 Dec 25
Canada: Nordex Group receives order for 200 MW in Canada
The Nordex Group has announced market entry into the province of New Brunswick in Canada. The company will supply 34 N163/5.X turbines totalling 200 MW to a wind farm project in New Brunswick.
16 Dec 25
UK: Thistle Wind Partners submit offshore consent application for flagship Ayre Offshore Wind Farm
The developer behind Ayre Offshore Wind Farm - one of Scotland’s flagship offshore wind projects - has submitted its offshore consent application to the Scottish Government’s Marine Directorate.
16 Dec 25
Malaysia: TotalEnergies signs new Renewable Power Agreement with Google to supply data centers
TotalEnergies and Google have signed a 21-year Power Purchase Agreement (PPA) to supply Google with a total volume of 1 TWh (equivalent to 20 MW) of certified renewable power from the Citra Energies solar plant in the northern Kedah province.
16 Dec 25
UK: Serica Energy announces acquisition of assets from Spirit Energy and affiliates
Serica Energy has announced the entry into a sale and purchase agreement, via two of its newly acquired subsidiaries following the completion of the Prax Upstream transaction, to acquire a portfolio of Southern North Sea assets from Spirit Energy and certain affiliates.
16 Dec 25
UK: Centrica announces sale of Cygnus, Greater Markham Area and Southern North Sea interests
Centrica has announced the sale of Spirit Energy’s remaining 15% interest in the Cygnus gas field, and all other producing assets in the Greater Markham Area and Southern North Sea, to Serica Energy.
16 Dec 25
UK: Union Jack Oil provides Biscathorpe planning update - PEDL253
Union Jack Oil, a UK and USA focused onshore hydrocarbon production, development, exploration, and investment company, has advised that the joint venture partnership has made the decision to withdraw the planning appeal in relation to the refusal of planning consent for a side-track drilling operation and oilfield development at Biscathorpe, contained within PEDL253.
16 Dec 25
Norway: PPF Project sanctioned - strengthening production in the Greater Ekofisk Area
Vår Energi and licence partners announce that the Previously Produced Fields (PPF) Project in the Greater Ekofisk Area is sanctioned. The project will add high value barrels from 2028 onwards and strengthen production life of the Greater Ekofisk Area.
16 Dec 25
Seadrill announces contract awards in the U.S. Gulf and Angola
Seadrill has announced contract awards for the West Neptune, Sevan Louisiana and Sonangol Quenguela.
16 Dec 25
Wood exceeds $1 billion in 2025 Middle East contract wins
Wood has secured more than $1 billion in contract wins across the Middle East in 2025, marking the second consecutive year of record sales bookings in the region.
16 Dec 25
Egypt: EBRD-backed grid investments pave way for greener Egypt
One of first grid investments under energy pillar of Egypt’s NWFE programme. Financing includes European Union support. Project will reduce annual carbon emissions by 22,584 tonnes of CO2 equivalent.
16 Dec 25
Spain: KBR awarded Green Ammonia Project by IGNIS in Spain
KBR has been awarded a technology and engineering contract by IGNIS for a new green ammonia facility in A Coruña, Spain. Under the terms of the contract, KBR will provide proprietary engineering design and pre-FEED engineering services to IGNIS for a 200,000 tons per annum green ammonia plant.
16 Dec 25
Thailand: Technip Energies awarded detailed engineering contract for Thailand’s first Carbon Capture and Storage project
Technip Energies has been awarded a detailed engineering contract for PTTEP’s Arthit Carbon Capture and Storage (CCS) facilities project in the Gulf of Thailand. PTTEP is leading the Arthit CCS Project, which will serve as a pilot for cultivating expertise and driving CCS adoption in Thailand.
16 Dec 25
Odfjell Drilling completes acquisition of the Deepsea Bollsta and refinancing
Odfjell Drilling has announced the successful completion of the acquisition of Deepsea Bollsta, including the novation of the rig’s drilling contract with Equinor for a firm period until early 2028 and with five one-year extension options.
15 Dec 25
UK: Deltic Energy enters into Selene deferred payment agreement
Deltic Energy has entered into a deferred repayment agreement with Shell U.K. as operator of the P2437 licence ('Selene'), in relation to the payment of, in aggregate, £1,530,320, being the sums that have accrued to Deltic's account in relation to the successful Selene exploration well from April 2025 to October 2025.
15 Dec 25
Brazil: Petrobras and Shell Brazil launch Carbon Countdown, the largest carbon stock inventory ever conducted in the country
Petrobras and Shell Brasil have launched the Carbon Countdown, the largest project ever undertaken to measure, in a standardized way and on a national scale, the carbon stocks above and below ground in all terrestrial biomes of the country.
15 Dec 25
Australia: Central Petroleum signs LOI for new drilling and long-term gas supply at Mereenie and Palm Valley
Central Petroleum has entered into a binding Letter of Intent with the Northern Territory’s Power and Water Corporation which includes in-principle terms for long-term, firm gas supply of up to 25.5 PJ (Central share) of gas from the Mereenie and Palm Valley fields through to the end of 2034.
15 Dec 25
Westwood Insight – Five offshore wind themes to watch in 2026
The offshore wind market slowed further in 2025, prompting a shift in behaviours. Governments that continue to support offshore wind are now attempting a more deliberate approach to prioritise project delivery while protecting local industries. At the same time developers and the supply chain are exercising more discipline with their investments.
15 Dec 25
UK 2nd UK Carbon Storage Round 
Are you ready for the 2nd UK Carbon Storage Round? Your team is probably already at maximum capacity, so Merlin is ready to help. Merlin’s experienced geoscience team can help you to quickly screen acreage and prepare your applications.
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