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17 Jul 26![]() |
UK: Early signs of optimism return as businesses look for North Sea oil and gas policy reset Aberdeen & Grampian Chamber of Commerce (AGCC) says there are tentative signs of optimism returning to the North-east economy amid growing hopes that Labour could adopt a more pragmatic approach to the future of the North Sea. |
| 17 Jul 26 |
UK: Energy Minister says AI must ‘bring down’ electricity bills as data centres squeeze the grid |
17 Jul 26![]() |
Sweden: EnBW signs agreement on the sale of its Swedish renewables platform EnBW Energie Baden-Württemberg AG and Eurowind Energy A/S have signed an agreement on the sale of EnBW’s Swedish wind power and solar operations. The transaction primarily comprises onshore wind farms with a total capacity of around 120 megawatts, as well as a significant renewables development pipeline. |
17 Jul 26![]() |
Suriname: STS Joint Venture and TotalEnergies partner with Beyond the Sea to evaluate wind-assisted towing for Suriname’s GranMorgu FPSO SBM Offshore announced that STS JV– a joint venture formed by SBM Offshore and Technip Energies- and TotalEnergies EP Suriname have signed an agreement to develop, install, test and operate a Wind Assisted Towing System (WATS) on the GranMorgu FPSO. |
17 Jul 26![]() |
Italy: EnBW and Zelestra partner on major battery storage project - unlocking about 1.2 GWh of flexibility for Italy's power grid Zelestra, a global, multi-technology, customer-focused renewable energy company, has signed a long term tolling agreement with EnBW, one of the largest energy companies in Germany and Europe, for 300 MW 4 hour battery energy storage at Zelestra’s BESS project in Emilia-Romagna, northern Italy. |
17 Jul 26![]() |
BW Energy provides Q2 2026 operational update BW Energy will publish its financial results for the second quarter and first half of 2026 on 30 July 2026. Today, the company provides preliminary operational figures. |
17 Jul 26![]() |
UK: Viking CCS development funding approved Harbour Energy welcomes the approval of development funding for the Viking CCS project, marking an important step in progressing the project towards a final investment decision in this Parliament, subject to project readiness and affordability. |
17 Jul 26![]() |
Netherlands: Soiltech secures extension of fluid treatment contract in the Dutch sector Soiltech has secured a two-year extension with Wintershall Noordzee B.V. in the Netherlands to continue delivering fluid treatment services on the Swift 10 jackup rig. |
17 Jul 26![]() |
Cadeler takes delivery of 11th vessel: Wind Ace Cadeler thas announced the successful delivery, within budget and on schedule, of Wind Ace, the company's eleventh wind installation vessel and second of three A-class newbuilds. |
17 Jul 26![]() |
UK: Neo Next offshore workers secure pay rise after strike threat Offshore workers on the Elgin Franklin and North Alwyn platforms operated by Neo Next + Energy E&P UK LTD have secured a bumper pay deal after the threat of strike action. The one-year offer will lift the pay package by over £4,000 due to increases in basic pay and offshore allowance. |
17 Jul 26![]() |
Turkey: Trillion Energy advances M47 seismic program tender in southeastern Türkiye Trillion Energy International has finalized the design and tender of a new 40 km 2D seismic acquisition program on the M47c,d oil block (the 'M47 Block') in southeastern Türkiye, following its recently completed field scouting program, and is conducting a new seismic tender, with acquisition targeted for the summer of 2026. |
16 Jul 26![]() |
UK: Public consultation opens on £8.7 billion Rosebank project as Adura urges investment in UK’s reindustrialisation Adura has welcomed the opening of public consultation by the Offshore Petroleum Regulator for Environment and Decommissioning (OPRED) on the Rosebank oil and gas field. The consultation, which has now opened and will run until 17th August 2026, forms part of the regulatory process required before Rosebank can commence production. |
16 Jul 26![]() |
Saudi Arabia: Halliburton awarded LSTK contracts by Aramco for onshore oil re-entry program Halliburton has been awarded lump sum turnkey (LSTK) contracts by Aramco in multiple onshore fields in the Kingdom of Saudi Arabia. The awards expand Halliburton’s role in the program and demonstrate the Company’s ability to grow through integrated well delivery at scale. |
16 Jul 26![]() |
Baker Hughes completes acquisition of Chart Industries Baker Hughes has announced the successful completion of its acquisition of Chart Industries. This strategic transaction is a major milestone in Baker Hughes’ transformation into a higher-value, leading industrialized energy solutions company. |
16 Jul 26![]() |
UK: NSTA announces support for carbon storage industry The North Sea Transition Authority (NSTA) has published three new sets of documents intended to help carbon storage licensees save time and resources when dealing with CS requirements and approvals. |
16 Jul 26![]() |
Namibia: ReconAfrica announces hydrocarbon flow from the Elandshoek formation at Kavango West 1X, proceeding to test the Huttenberg formation Reconnaissance Energy Africa ('ReconAfrica'), along with its partners BW Energy (20% WI) and the National Petroleum Corporation of Namibia ('NAMCOR', 10% carried WI), has announced the preliminary production testing results from the three lowest zones in the Elandshoek formation on the Kavango West 1X discovery well, which began testing operations on June 8, 2026. |
16 Jul 26![]() |
UK: OEG approved to deliver Wind Turbine Safety Rules training under Energy Institute agreement Leading global energy solutions company, OEG, has become an approved WTSR training provider through an agreement with the Energy Institute (EI) to deliver Wind Turbine Safety Rules (WTSR) training at its dedicated facility in Bootle, Merseyside (UK). |
16 Jul 26![]() |
Netherlands: DNV supports technical due diligence for EV charging infrastructure transaction in the Netherlands DNV has completed technical due diligence (TDD) for asset management companies Aberdeen Investments and DigitalBridge in relation to the acquisition of Equans Infra & Mobility B.V., an established electric vehicle (EV) charging infrastructure business in the Netherlands. |
16 Jul 26![]() |
Getech secures new Globe Contract with European Energy Super-Major Getech, a leading locator of subsurface resources, has signed a multi-year agreement with a European-headquartered oil and gas super-major for access to its industry-leading Globe platform. The new contract has a total value of $660k to be recognised over three years as annual recurring revenue. |
16 Jul 26![]() |
UK: CB&I to complete Kittiwake journey with Life of Field Contract Award CB&I’s Asset Solutions business (formerly part of Petrofac) has secured a further contract with EnQuest to continue managing the Kittiwake asset in the UK North Sea as Duty Holder through to cessation of production (COP) and decommissioning. |
16 Jul 26![]() |
UK: Government publishes full details of post-EPL North Sea tax regime The UK Government has published the draft legislation for its new permanent fiscal regime for the North Sea, confirming the structure of the Oil and Gas Revenue Levy (OGRL) that will replace the Energy Profits Levy (EPL) when it ends. |
16 Jul 26![]() |
bp to sell majority of bp Ventures portfolio bp has reached an agreement with Verdane to divest bp Ventures’ minority interests in more than 10 companies in its portfolio, subject to regulatory and contractual approvals. bp will retain interests in a small number of investments where the technology has the potential to create value for its businesses. |
16 Jul 26![]() |
Pharos Energy announces Trading and Operations Update Pharos Energy, an independent energy company with assets in Vietnam and Egypt, has provided a Trading and Operations Update ahead of the Company's Interim Results on 23 September 2026. |
16 Jul 26![]() |
UK: Orcadian commences the Assessment Phase for the development of the Earlham and Orwell gas fields in the UK North Sea AIM-listed Orcadian has commenced the Assessment Phase for the development of the Earlham and Orwell gas fields on its 100% owned licence, P2680. The Company's preferred development concept is an offshore power station with integrated carbon capture, fuelled by Earlham and Orwell gas, and generating low-carbon power for a co-located offshore data centre, as the first phase of an islanded, low-carbon, offshore grid (the 'Earlham Gigagrid'). |
16 Jul 26![]() |
UK: Cross-industry coalition urges Labour MPs to back North Sea A cross-industry coalition of business leaders, trade unions and trade bodies has urged Labour MPs to prioritise homegrown oil and gas over imports, warning that the UK's economic future depends on maintaining domestic energy production alongside investment in renewables. |

































