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16 Jun 25![]() |
US: XGS Energy and Meta to partner on 150 MW advanced geothermal project XGS Energy and Meta have announced an agreement to support development of 150 MW of next-generation geothermal energy in New Mexico, highlighting the critical role XGS will play in rapidly delivering reliable electricity to meet growing energy demand. |
16 Jun 25![]() |
ASCO wins major North-Sea services contract ASCO has secured a landmark nine-figure contract with a major North Sea energy operator, reinforcing its position as the leading logistics provider to the energy industry. |
16 Jun 25![]() |
Malaysia: PETRONAS awards first MBR 2025 PSC to Dialog, unlocking East Coast Sabah's hydrocarbon potential PETRONAS, through Malaysia Petroleum Management (MPM), awarded a Small Field Asset Production Sharing Contract (SFA PSC) for the Mutiara Cluster, off the coast of Sabah, offered under the Malaysia Bid Round 2025 (MBR 2025) launched earlier this year. |
16 Jun 25![]() |
UK: Funding boost for UK hydrogen market a welcome step, says OEUK Offshore Energies UK has welcomed the government announcement of over £500 million to support the development the UK’s first network for hydrogen transport and storage. |
16 Jun 25![]() |
UK: OEUK announces shortlist for Offshore Safety Awards 2025 Offshore Energies UK and Step Change in Safety have announced details of entries shortlisted for this year’s exciting Offshore Safety Awards. The event is designed to maintain and promote the highest professional standards in our industry and is now being sponsored by Torus, an organisation at the forefront of the energy transition |
16 Jun 25![]() |
Israel: Energean reports temporary suspension of production from the Energean Power FPSO Energean has confirmed that it received notice from the Ministry of Energy and Infrastructure on 13 June 2025 ordering the temporary suspension of production and activities of the Energean Power FPSO, following the recent geopolitical escalation in the region. |
13 Jun 25![]() |
Australia: Woodside provides update on proposed North West Shelf extension approval Woodside and the North West Shelf Joint Venture are continuing constructive consultation with the Federal Government. The parties have agreed to an extension of the consultation period regarding the Government’s proposed conditions as part of the North West Shelf Project Extension environmental approval process. |
13 Jun 25![]() |
Octopus Energy Group and MOPO catalyse Sub-Saharan Africa’s solar energy revolution Octopus Energy Group, the global clean energy tech business, has announced a strategic investment in MOPO – a pioneering energy tech company delivering clean, reliable energy to underserved communities in Sub-Saharan Africa. |
13 Jun 25![]() |
UK: Rolls-Royce SMR selected to build small modular nuclear reactors Rolls-Royce SMR has been selected as the preferred bidder to partner with Great British Energy - Nuclear to develop small modular reactors, subject to final government approvals and contract signature - marking a new golden age of nuclear in the UK. |
13 Jun 25![]() |
Pakistan: OGDCL announces oil and gas discovery at Faakir-l exploratory well in Sindh Province Oil & Gas Development Company Limited (OGDCL) has announced a gas/condensate discovery at exploration well Faakir-1, located within Bitrisim Exploration Licence in District Khairpur, Sindh Province. |
13 Jun 25![]() |
US: Avangrid’s Camino Solar Project achieves commercial operation in California Avangrid, a leading energy company and member of the Iberdrola Group, has achieved commercial operations at its Camino Solar project in Kern County, California. |
13 Jun 25![]() |
Peru: San Martín Zelestra announces full commercial operation of Peru’s largest solar plant, the 300 MWdc San Martín project Zelestra, a global, customer-focused, multi-technology, renewable energy company has announced the full commercial operations at its 300 MWdc San Martín solar plant in Perú, the largest ever constructed in the country. |
12 Jun 25![]() |
Chevron and Halliburton enable intelligent hydraulic fracturing Chevron and Halliburton have jointly developed a new process that enables closed-loop, feedback-driven completions in Colorado. This intelligent fracturing process combines automated stage execution with subsurface feedback to optimize delivery of energy into the wellbore without relying on human intervention. The capability enhances the previous implementation of autonomous hydraulic fracturing technology. |
12 Jun 25![]() |
Congo Brazzaville: Eni Congo inaugurates Yasika, the new strategic logistics base to support Congo's energy development Eni Congo has officially inaugurated its new Yasika logistics platform, located in the heart of Saipem’s base, in the presence of the Congolese Minister of Hydrocarbons and the Managing Director of Eni Congo. The Yasika logistics platform holds a strategic position within the Congo LNG project, contributing to the development of the gas potential of the Marine XII permit. |
12 Jun 25![]() |
CCS investment is expected to reach USD 80 billion over the next five years, according to DNV Cumulative investment in carbon capture and storage (CCS) is expected to reach USD 80 billion over the next five years, according to DNV’s new Energy Transition Outlook: CCS to 2050 report. |
12 Jun 25![]() |
Norway: DNO completes transformative North Sea acquisition DNO, the Norwegian oil and gas operator, has announced the completion of the acquisition of Sval Energi Group from HitecVision for a cash consideration of USD 450 million based on an enterprise value of USD 1.6 billion. The acquired portfolio comprises 16 producing fields in Norway, quadrupling DNO’s North Sea production |
12 Jun 25![]() |
RWE and Amazon Web Services sign strategic collaboration RWE, one of the globally leading energy companies, and Amazon Web Services, the world’s most comprehensive and broadly adopted cloud, have signed a Strategic Framework Agreement aimed at advancing RWE’s digital transformation initiatives and supporting Amazon’s broader efforts to power its operations more sustainably by supporting renewable energy projects. |
12 Jun 25![]() |
Reach Subsea confirms delivery of REACH REMOTE 2 Reach Subsea has announced the official delivery confirmation of the REACH REMOTE 2 USV. REACH REMOTE is a revolutionary 24-meter uncrewed surface vessel equipped with hull-mounted survey sensors and a Work Class Electric ROV. |
12 Jun 25![]() |
Global carbon pricing mobilizes over $100 billion for public budgets Carbon pricing revenues exceeded $100 billion in 2024, according to a new World Bank report. Over half of this revenue generated for public budgets was earmarked for environment, infrastructure, and development projects, representing a slight increase from previous years. |
12 Jun 25![]() |
UK/Spain: RES awarded new O&M contracts by TRIG in UK and Spain RES, the world’s largest independent renewable energy company, has been awarded new solar operations and maintenance (O&M) contracts in the UK and Spain by The Renewables Infrastructure Group (TRIG). The agreements build on a longstanding partnership between the parties and expands RES’ European services footprint. |
12 Jun 25![]() |
Westwood Insight – The State of Exploration 2025 Since 2015, the exploration industry has roughly halved the number of high impact exploration wells being drilled and is finding less than half of the volumes. |
12 Jun 25![]() |
RWE marks its return to the Hybrid Bond market by successfully issuing a €1 billion Green Hybrid Bond RWE has successfully issued a hybrid bond with a total volume of €1 billion. The company intends to use the net proceeds for funding of its investment programme in accordance with its Green Financing Framework. |
12 Jun 25![]() |
Wood extends PUSU deadline for Sidara takeover decision Wood has requested, and been granted, another extension to the date by which Sidara is required either to announce a firm intention to make an offer for Wood or to announce that it does not intend to make an offer. |
12 Jun 25![]() |
DOF Group announces contract extension for Skandi Cutter DOF Group has announced a Substantial contract extension for the AHTS vessel Skandi Cutter. The vessel is currently operating in Canada on a contract ending at the end of 2025. |
12 Jun 25![]() |
UK: Uniper set to build wind farm in East Ayrshire, Scotland Uniper has taken the decision to start the construction phase of its first wind farm scheme in East Ayrshire, Scotland. Construction of the project is expected to start in 2027 with power generation due to start in 2028. |