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19 Dec 25
UK: SSEN Transmission signs £1bn Bank Facility backed by the National Wealth Fund
SSEN Transmission, 75% owned by the electricity infrastructure company SSE plc, has announced a £1bn,12-year bank facility backed by an £800m financial guarantee from the UK Government's National Wealth Fund which will support four major grid upgrade projects under way in the north of Scotland.
19 Dec 25
UK: Angus Energy announces Saltfleetby Gas Field workover
In line with the Company's previously announced production enhancement strategy, Angus Energy has announced the commencement of a planned workover programme at the Saltfleetby Gas Field.
19 Dec 25
Norway: Odfjell Drilling signs contract with Equinor for the Deepsea Aberdeen
Odfjell Drilling has announced that a Letter of Intent for use of the Deepsea Aberdeen has now been signed with Equinor for use of the unit to drill an unspecified scope in an interim period on the Norwegian Continental Shelf, before moving to the Fram Sør project, offshore Norway.
18 Dec 25
US: JAPEX to acquire tight oil and gas assets in the U.S.
Japan Petroleum Exploration (JAPEX) has resolved to acquire the entire equity interest in Verdad Resources Intermediate Holdings (VRIH), which holds tight oil and gas assets in the U.S., through Peoria Resources Acquisition Company (AcquCo).
18 Dec 25
Norway: Subsea7 awarded contract offshore Norway
Subsea7 has announced the award of a large contract by ConocoPhillips Skandinavia for the Previously Produced Fields (PPF) development, offshore Norway.
18 Dec 25
BP announces leadership transition
BP has announced that the bp Board has appointed Meg O’Neill as bp’s next chief executive officer ('CEO'), effective 1 April 2026. Murray Auchincloss has decided to step down from his position as CEO and director of the Board, effective Thursday, 18 December.
18 Dec 25
Brazil: DOF Group announces seven new contract extensions in Brazil
DOF Group has announced seven new contract extensions in Brazil. Five of DOF's Brazilian-flagged AHTS vessels, all with ROVs on board: Skandi Fluminense, Skandi Paraty, Skandi Angra, Skandi Urca and Skandi Iguaçu, have had their current contracts with Petrobras extended until Q1 2027.
18 Dec 25
Predator Oil & Gas Holdings announces end of year operations update
Predator's fully-funded programme in Trinidad to significantly increase production has commenced and will accelerate through the first half of 2026, with up to 12 new wells and 14 heavy workovers currently scheduled.



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