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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.
16 Nov 25
Suriname: PETRONAS and Staatsolie declare commerciality for Sloanea field, marking Suriname’s first gas development milestone
PETRONAS, through its wholly-owned subsidiary PETRONAS Suriname E&P B.V. (PSEPBV), together with Statsolie, has achieved a significant milestone with the Declaration of Commerciality of the Sloanea field in Block 52, marking Suriname’s first gas development milestone in its expanding deepwater energy landscape.
16 Nov 25
Brazil: Petrobras and BNDES launch the first ProFloresta+ call for proposals to acquire 5 million carbon credits
Petrobras and the Brazilian Development Bank (BNDES ) have launched the first call for proposals under the ProFloresta+ program for the contracting of 5 million high-integrity carbon credits.
16 Nov 25
Condor announces 2025 third quarter results
Condor Energies, a Canadian based, internationally focused energy transition company focused on Central Asia has announced the release of its unaudited interim condensed consolidated financial statements for the three and nine months ended September 30, 2025, together with the related management’s discussion and analysis.
16 Nov 25
Nigeria: Drydocks World delivers FPSO Emem to power Nigeria’s offshore energy growth
Drydocks World has completed the full conversion and integration of the EMEM Floating Production Storage and Offloading (FPSO) vessel, delivering a key offshore asset to support production at Nigeria’s Okwok field and advance the country’s energy development and self-reliance goals.
16 Nov 25
UAE: ADNOC Gas delivers best-ever Q3 results, demonstrating resilience and growth in a dynamic market
ADNOC Gas and its subsidiaries, a world-class integrated gas processing and sales company, has announced its Q3 2025 results, achieving the highest third quarter net income in its history at $1.34 billion, an 8% increase year-on-year. Year-to-date net income reached $3.99 billion, exceeding market expectations, even as oil prices averaged $71/bbl in the first nine months of 2025 compared to $83/bbl in 2024.
15 Nov 25
UK: Statkraft secures consent for Knockcronal Wind Farm
Statkraft, Europe’s largest generator of renewable energy, has secured planning consent for Knockcronal Wind Farm, located in South Ayrshire. The consented design has a generating capacity of up to 59.4MW and comprises a total of nine turbines. Once operational, the wind farm will generate enough clean electricity to power the equivalent of 49,000 homes.
15 Nov 25
COP30: Oil & Gas Decarbonization Charter sustains momentum with annual report launch
The Oil & Gas Decarbonization Charter (OGDC), a global coalition of leading energy companies championed by the CEOs of ADNOC, Aramco, and TotalEnergies and supported by the Oil and Gas Climate Initiative (OGCI), has released its 2025 Status Report: Implementing Action, highlighting accelerated progress and sustained momentum.
15 Nov 25
COP30: TotalEnergies commits $100 million to Climate Investment in support of the OGDC Community
During the United Nations Climate Change Conference (COP 30) taking place in Belém, Brazil, TotalEnergies, a member of the Oil and Gas Climate Initiative (OGCI) and of the Oil and Gas Decarbonization Charter (OGDC), announced a $100 million commitment to Climate Investment’s Venture Strategy fund, which backs technologies that cut emissions across the oil and gas value chain.
14 Nov 25
Norwegian Offshore Directorate: New Dashboard provides an overview of the licensees’ petroleum resources and reserves on the NCS
The new Dashboard provides an overview of the licensees’ petroleum resources and reserves on the Norwegian continental shelf (NCS). This includes data such as: Number of active production licences. Overview of discoveries and fields in operation. Estimates for remaining reserves and resources in discoveries.
14 Nov 25
Colombia: Frontera announces strategic spin-off of its Colombian infrastructure business to unlock intrinsic value
Frontera Energy Corporation has announced a plan to unlock significant value from its existing assets through a spin-off of its Colombian Infrastructure business, creating two independent companies: Frontera Exploration & Production and Frontera Infrastructure. The Proposed Transaction is projected to be completed in the first half of 2026.
14 Nov 25
BW Offshore launches BW Elara - floating desalination solutions powered by BW Water technology
BW Offshore and BW Group have established a 50/50 joint venture entity (JV), BW Elara, to design and build Floating Desalination Units (FDUs), producing fresh water from salt water to address growing global water constraints.
14 Nov 25
Valeura Energy announces third quarter 2025 results
Valeura Energy reports its unaudited financial and operating results for the three and nine month periods ended September 30, 2025.
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