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02 Dec 25
Trinidad: Wood awarded brownfield EPC scope at bpTT’s Ginger gas development project
Wood’s joint venture company, Massy Wood, has been awarded the engineering, procurement, construction (EPC) and commissioning contract associated with the topsides brownfield development of bp Trinidad and Tobago’s (bpTT) Juniper platform, as part of the Ginger development located off the coast of Trinidad.
02 Dec 25
Congo (Brazzaville): Eni launches Phase 2 of Congo LNG ahead of schedule
With the arrival of the Nguya FLNG floating liquefaction unit and the introduction of gas into the new offshore infrastructure system, Eni announces the start-up - ahead of the planned schedule - of Phase 2 of the Congo LNG project, with the goal of exporting the first LNG cargo in early 2026.
02 Dec 25
Vestas announces 660 MW offshore order in EMEA
Vestas has announced a 660 MW offshore order in EMEA (Europe, the Middle East and Africa) as part of its Q4 order intake.
02 Dec 25
Nigeria announces 2025 licensing round
The Nigerian Upstream Petroleum Regulatory Commission (NUPRC) has officially launched the Nigeria 2025 Licensing Round. The round includes 15 onshore blocks, 19 in shallow waters, 15 frontier assets and one deepwater block.
02 Dec 25
US: TotalEnergies, TES, Osaka Gas, Toho Gas and ITOCHU partner up to develop the Live Oak project for e-NG production in Nebraska
TotalEnergies, TES, Osaka Gas, Toho Gas, and ITOCHU have signed a Joint Development and Operating Agreement, granting the Japanese companies a combined 33.3% stake in the Live Oak project — a large-scale facility to produce electric natural gas (e-NG) also known as e-methane, initiated by TotalEnergies and TES and currently under development in Nebraska, US.
02 Dec 25
US: Pantheon Resources provides update on the Dubhe-1 well
Pantheon Resources, the oil and gas company developing the Kodiak and Ahpun oil fields immediately adjacent to pipeline and transportation infrastructure on Alaska's North Slope, has provided an operational and cost update on the Dubhe-1 well.
02 Dec 25
UK: Hibiscus Petroleum’s Teal West drilling success to lift 2P reserves
Hibiscus Petroleum has including the successful drilling of Teal West Development, offshore UK, with 2P oil reserves expected to exceed the current estimate of 3.4 MMboe. First Oil from the Teal West field is expected in mid CY2026.
02 Dec 25
UK: CeraPhi Energy awarded contract to deliver groundbreaking geothermal decarbonisation project at Scunthorpe General Hospital
CeraPhi Energy, a leading developer of geothermal energy solutions, has been awarded a contract to implement an innovative low-carbon heating system at Scunthorpe General Hospital, part of the Northern Lincolnshire and Goole NHS Foundation Trust.
02 Dec 25
Chad: Perenco completes successful twelve well campaign on the Badila oil field in Chad
PetroChad Mangara, Perenco’s wholly owned Chad subsidiary, has completed a successful twelve well drilling campaign at the Badila oil field in Chad.
01 Dec 25
Poland: Ocean Winds has reached Financial Close for its BC-Wind project in Poland
Ocean Winds, international company dedicated to offshore wind energy and established as a 50-50 joint venture between EDP Renewables and ENGIE, has secured an around €2 billion project finance and reached Financial Close for its first offshore wind farm in the Baltic Sea.
01 Dec 25
Brazil: Petrobras announces approval of the redetermination of the Tupi Shared Field
01 Dec 25
UK: New decom table highlights named operators’ performance
Thirteen operators who have fallen behind in their decommissioning obligations have been named in the North Sea Transition Authority’s (NSTA) first published table of the North Sea well decommissioning deficit. The table displays operators who have missed their consent deadlines for fully decommissioning a total of 153 inactive wells.
01 Dec 25
Nigeria TotalEnergies sells interest in two exploration blocks offshore Nigeria to Chevron
TotalEnergies EP Nigeria has signed a farmout agreement to sell to Star Deep Water Petroleum, a Chevron company, a 40% participation in the PPL 2000 and PPL 2001 exploration licenses, offshore Nigeria.
01 Dec 25
UK: RenewableUK welcomes Chancellor’s Budget commitments to cut energy bills, speed up planning system and remove hydrogen tax
Commenting on the Chancellor’s Budget announcements, RenewableUK’s Deputy Chief Executive Jane Cooper said: 'We’re pleased to see the Chancellor has supported our call to drive domestic electricity bills down by moving some energy policy costs into general taxation. It’s fairer, as it’s based on people’s ability to pay, so families on low incomes will benefit most.
01 Dec 25
Wood announces appointment of new Group Chief Financial Officer
John Wood Group has announced the appointment of Jade Moore to the Company’s Executive Leadership Team as Group Chief Financial Officer ('CFO'), effective immediately.
01 Dec 25
UK: RWE to build its largest battery energy storage facility in the UK
RWE, the UK’s leading electricity generator, and the largest power producer in Wales, is powering ahead with its largest UK storage project -Pembroke Battery Storage, taking a final investment decision.
01 Dec 25
Fugro and Fermi partner on accelerated clean energy site development
Fugro and Fermi Development have entered a strategic partnership to deliver a portfolio of development projects in the UK, suitable for small or advanced modular reactors.
01 Dec 25
Zenith Energy announces half year results
Zenith Energy, the listed international energy production and development company, has published its consolidated half-yearly unaudited financial results for the six months ended September 30, 2025.
01 Dec 25
Cadeler strengthens balance sheet with additional unsecured Green Corporate Loan Facility
Cadeler has further strengthened its financial position with the addition of a second unsecured green corporate term loan facility in the aggregate amount of EUR 60 million with a non-committed accordion option of up to EUR 80 million.
01 Dec 25
UK: Equinor and Shell complete formation of Adura
Equinor and Shell have completed a deal to combine their UK offshore oil and gas operations to form a new company. Adura, which launched today, will be the UK North Sea’s largest independent producer.
01 Dec 25
UK: Subsea7 awarded decommissioning contract offshore UK
Subsea 7 has announced the award of a sizeable contract by Ithaca Energy, for the provision of off-station decommissioning services for the Alba Floating Storage Unit and Greater Stella field FPF-1 production facility, approximately 230 kms east of Aberdeen.
01 Dec 25
Argentina: Archer secures drilling contract in Vaca Muerta with estimated value of $600 million
Archer has announced the signing of a new five-year contract with YPF for the provision of drilling services in Vaca Muerta, Argentina. The contract, with an estimated value of $600 million, covers the provision and operation of seven advanced drilling rigs.
01 Dec 25
UK: Centrica completes Grain LNG acquisition
Centrica has announced completion of its Grain LNG acquisition in partnership with Energy Capital Partners ('ECP') from National Grid for an enterprise value of £1.5 billion. After taking into account £1.1 billion of new non-recourse project finance debt, Centrica's 50% share of the equity investment is approximately £200 million.
01 Dec 25
TGS awarded OBN contract in Europe
TGS, a leading provider of energy data and intelligence, has announced the award of an OBN contract in Europe. The company’s node-on-a-rope crew is scheduled to mobilize early May 2026, and the contract has a duration of approximately 60 days.
01 Dec 25
Saudi Arabia, Russia, Iraq, UAE, Kuwait, Kazakhstan, Algeria, and Oman reaffirm commitment to market stability on steady global economic outlook
The eight OPEC+ countries, which previously announced additional voluntary adjustments in April and November 2023, namely Saudi Arabia, Russia, Iraq, UAE, Kuwait, Kazakhstan, Algeria, and Oman met virtually on 30 November 2025, to review global market conditions and outlook. The eight participating countries reaffirmed their decision on 2 November 2025 to pause production increments in January, February, and March 2026.
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