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18 Nov 25
SED Energy Holdings: GHTH commences operations under contract with PTTEP
SED Energy Holdings has announced that the semi-submersible tender-assist drilling rig GHTH, owned by its wholly owned subsidiary Energy Drilling, has successfully commenced operations under its previously disclosed 21-month contract with PTT Exploration and Production Public Company Limited ('PTTEP').
18 Nov 25
Modvion enters Grant Agreement Preparation for €39 million grant from the EU Innovation Fund
The Swedish wood technology company Modvion has been selected by the European Commission to enter Grant Agreement Preparation by the Innovation Fund. The grant of up to €39.1 million will be used to establish series production for wooden wind turbine towers.
18 Nov 25
UK: Centrica among investors in Highview long duration energy storage scheme
Highview has secured £130 million in funding to commence work on the first stage of its planned 3.2GWh hybrid long-duration energy storage solution in Hunterston, Scotland. This brings the total raised to commercialise and roll out Highview’s long duration storage solutions to over £500 million.
18 Nov 25
Norway: DNO drills dry well in the North Sea (2/6-8 S and 2/6-8 ST2)
DNO and its partners have drilled a dry well in the 'Page' prospect in the southern part of the North Sea. Wildcat well 2/6-8 S and technical sidetrack 2/6-8 ST2 were drilled in production licence 1086, where the 2/6-7 S 'Othello' oil discovery was made last year.
18 Nov 25
Germany: Nordex Group secures 77 MW contract for Schneifelhöhe wind farm – green energy for Rhineland-Palatinate in Germany
The Nordex Group has received a new order in Germany from Energieversorgung Mittelrhein (evm), together with Stadtwerke Karlsruhe and Thüga Erneuerbare Energien. For the 77 MW Schneifelhöhe wind farm Nordex will install eleven N163/6.X wind turbines.
18 Nov 25
Norway: Reach Subsea announces Q3 2025 results - weaker results, solid performance on remote milestones
Reach Subsea has announced its third-quarter 2025 results, delivering sound performance while continuing investments in remote technology development. Revenue for the quarter totaled NOK 688 million (down from NOK 835 million in Q3 2024), while EBIT came in at NOK 51 million (compared to NOK 134 million last year).
18 Nov 25
Norway: TGS awarded reservoir monitoring and source contract offshore Norway
TGS has announced that a major international energy company has extended its current contracts for the provision of reservoir monitoring and source services related to Permanent Reservoir Monitoring (PRM) and 4D Ocean Bottom Node (OBN) surveys on the Norwegian continental shelf.
18 Nov 25
Norway: DNO continues to highgrade North Sea portfolio
DNO, the Norwegian oil and gas operator, has announced the divestment of its 7.604 percent stake in the Ekofisk Previously Produced Fields (PPF) project in license PL018B and PL018F on the Norwegian Continental Shelf to Orlen Upstream Norway.
18 Nov 25
Australia: Essington-1 intersects two gas-bearing Waarre reservoirs
3D Energi has provided an update on drilling operations at the Essington-1 gas exploration well within the Conoco-operated VIC/P79 exploration permit, offshore Otway Basin, Victoria.
17 Nov 25
Brazil: Petrobras makes another oil discovery in the Campos Basin
Petrobras has identified the presence of excellent quality oil in the post-salt layer of the Campos Basin, in an exploratory well in the Southwest Tartaruga Verde block.
17 Nov 25
UK: NESO launches consultation to shape future Regional Energy Strategic Plans
NESO (National Energy System Operator) has launched a new consultation inviting customers and stakeholders across Great Britain to help shape the methodology (the approach) that will help to deliver a set of Regional Energy Strategic Plans (RESPs). The plans will support and enable the energy transition across our nations and regions.
17 Nov 25
Italy: RWE once again successful in Italian agri-PV auction
RWE was once again successful at the Italian Resilience and Recovery Plan (PNRR) auction, which awards a contract for difference tariff and up to 40% return on investment for advanced Agri-PV.
17 Nov 25
Italy: Zenith Energy signs new agreement to acquire a solar energy development project located in the Puglia region of Italy
Zenith Energy, the listed international energy production and development company, has announced the signing of a new agreement to acquire a solar energy development project located in the Puglia region of Italy by its wholly-owned Italian subsidiary created to manage its solar energy portfolio, WESOLAR S.R.L.
17 Nov 25
UK: Vattenfall to divest its UK electricity distribution business
Vattenfall has signed an agreement to divest its Independent Distribution Network Operator (IDNO) business in the UK, Vattenfall Networks Ltd, to Eclipse Power Limited, owner of another IDNO business - Eclipse Power Networks. Eclipse Power Group is a wholly owned subsidiary of the Octopus Sky Fund, which owns and manages infrastructure across the UK.
17 Nov 25
Spain: Prospex Energy completes Statutory EIA Consultation Process to drill five further wells on El Romeral production concessions
Prospex Energy, the AIM quoted investment company focused on European gas and power projects, has announced that the full suite of Environmental Impact Assessment ('EIA') documentation for the application by Tarba Energía to drill five new natural gas wells on the El Romeral concessions has been submitted to The Ministry for the Ecological Transition and the Demographic Challenge in Madrid ('MITECO').
17 Nov 25
TotalEnergies accelerates its gas-to-power integration strategy in Europe by acquiring 50% of a portfolio of flexible power generation assets from EPH
TotalEnergies has announced the signing of an agreement with Energetický a prumyslový holding, a.s. (EPH) for the acquisition of 50% of its flexible power generation platform (gas-fired and biomass power plants, batteries) in Western Europe (Italy, United Kingdom and Ireland, Netherlands, France), valued at €10.6 billion (enterprise value), i.e. a multiple of 7.6x 2026 EBITDA.
17 Nov 25
Iraq: Gulf Keystone confirms a first lifting of IOC pipeline exports
Gulf Keystone Petroleum has confirmed that a first lifting of Kurdistan crude allocated to the Company and other International Oil Companies ('IOCs') for pipeline exports during September and October 2025 has been completed by the nominated trader at the Ceyhan oil terminal in Türkiye.
17 Nov 25
Brazil: TGS announces Pelotas Norte Phase I multi-client survey offshore Brazil
TGS has announced the Pelotas Norte Phase I multi-client 3D survey in the Pelotas Basin, offshore southern Brazil. Phase I will encompass approx. 14,800 sq kms across 21 exploration blocks, the majority of which lie in un-held acreage expected to be included in upcoming bid rounds.
17 Nov 25
Odfjell Drilling acquires Deepsea Bollsta from Northern Ocean
Odfjell Drilling has signed an agreement for the acquisition of the harsh environment semi-submersible drilling rig Deepsea Bollsta from Northern Ocean for a total consideration of USD 480 million.
17 Nov 25
LUKOIL provides statement on negotiations regarding the sale of its international assets
LUKOIL informs about ongoing negotiations on the sale of its international assets with several potential buyers. The specific deal will be announced after the final agreements have been reached and the necessary regulatory approvals have been obtained.
17 Nov 25
Shell invests in Nigeria offshore gas development
Shell Nigeria Exploration and Production Company Limited (SNEPCo), a subsidiary of Shell, together with Sunlink Energies and Resources Limited, have taken a final investment decision (FID) on the HI gas project offshore Nigeria.
17 Nov 25
US: RWE’s first project in Louisiana completes construction
RWE has completed construction of its first project in Louisiana, the 100 MW Lafitte Solar project located in the Ouachita Parish, outside of Monroe. The project was enabled by the long-term power purchase agreement with Meta.
17 Nov 25
Norway: Hydro invests NOK 1.2 billion to build Illvatn pumped storage power plant
Hydro has made the final investment decision for its largest hydropower development in over 20 years. Construction of the Illvatn pumped storage power plant in the Luster Municipality of Norway will begin this November, with operations expected to start in 2030.
17 Nov 25
UK: Archer expands service offerings under five-year P&A contract in UK
Archer has announced an additional contract linked to the five-year agreement with NEO NEXT Energy, originally with Repsol Resources UK and announced May 2nd, 2025. The additional contract adds a lighter Archer P&A unit for a five-year term, replacing one of Archer’s modular drilling rigs for the Fulmar platform, originally announced August 15, 2023.
17 Nov 25
UK: Archer secures a 5-year contract extension worth USD 110 million
Archer has been awarded a five-year contract extension for platform drilling and maintenance services in the UK with an estimated contract value of USD 110 million.
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