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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. |
15 Dec 25![]() |
Egypt: Dana Gas reports further success in Egypt’s Onshore Nile Delta with a significant discovery Dana Gas, the Middle East’s largest regional private sector natural gas company, has announced the successful drilling of the North El-Basant 1 exploratory well in Egypt’s onshore Nile Delta, confirming a significant new gas discovery. |
15 Dec 25![]() |
UK: Thistle Wind Partners submits onshore plans for Bowdun Offshore Wind Farm A Scottish offshore wind farm, seeking to deliver a £1bn opportunity for the supply chain, has submitted its onshore planning application. Bowdun Offshore Wind Farm, planned for 44 km off Stonehaven in North East Scotland, has submitted the planning application for planning permission in principle for the onshore infrastructure of the Project to Aberdeenshire Council. |
15 Dec 25![]() |
US: Buccaneer Energy announces update on development in the Fouke area of the Pine Mills field AIM_listed Buccaneer Energy, an international oil & gas exploration and production company with development and production assets in Texas, USA, has provided an operational update regarding the next phase of development in the Fouke area of the Pine Mills field |
15 Dec 25![]() |
South Africa: Chariot completes significant financing for South African wind projects AIM-listed Chariot, the Africa focused energy group, is pleased to confirm that it has completed a significant financing and a strategic equity partnership primarily to fund its investment in two wind generation projects, Zen and Bergriver, in South Africa, which have just reached financial close. |
15 Dec 25![]() |
US: Helium One Global announces production facility update at Galactica Project AIM-listed Helium One Global, the primary helium explorer in Tanzania with a 50% working interest in the Galactica-Pegasus helium development project in Colorado, USA, has provided an update regarding the Galactica Project. |
15 Dec 25![]() |
Benin: EBRD launches its first sub-Saharan Africa investment in Benin The European Bank for Reconstruction and Development (EBRD) has launched its first investment in sub-Saharan Africa. The Bank’s facility in Benin will support the country’s efforts to expand reliable electricity access to underserved communities in the Mono, Couffo and Borgou regions. |
15 Dec 25![]() |
Brazil: BW Energy signs long-term lease for the Maromba drilling and wellhead platform BW Energy has announced that the short-term lease for the Super Gorilla class jack- up rig BW MAROMBA B signed in September 2025 has been successfully converted into a long-term project lease agreement with Minsheng Financial Leasing Co. |
15 Dec 25![]() |
SLB enters collaboration agreement to accelerate new digital solutions Global energy technology company SLB has signed a strategic collaboration agreement with Shell to develop digital and AI solutions that drive measurable performance and efficiency gains across upstream operations for the company and the wider industry. |
15 Dec 25![]() |
Nigeria: NUPRC restates commitment to transparency, promises untainted licensing round The Nigerian Upstream Petroleum Regulatory Commission (NUPRC) has restated its commitment to preventing and tackling corruption, promising to deliver an untainted 2025 Licensing Round. |
15 Dec 25![]() |
Australia opens new areas for offshore gas exploration The Albanese Government has opened new areas for offshore gas exploration as it works to put downward pressure on power prices and ensure Australian industry has access to gas at affordable prices. |
15 Dec 25![]() |
Australia: TechnipFMC awarded significant contract for Subsea 2.0® production systems for Chevron’s Gorgon Stage 3 project TechnipFMC has been awarded a significant contract for Subsea 2.0® production systems by Chevron for the Gorgon Stage 3 brownfield project offshore Australia. |



































