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18 Sep 25 |
Declines in output from existing oil and gas fields have gathered speed, with implications for markets and energy security - IEA The average rate at which oil and gas fields’ output declines over time has significantly accelerated globally, largely due to higher reliance on shale and deep offshore resources, meaning that companies must work much harder than before just to maintain production at today’s levels, according to a new IEA report. |
18 Sep 25 |
XRG-led Consortium concludes discussions with Santos The XRG-led Consortium has withdrawn its indicative offer and will not proceed with a binding offer for Santos. While the Consortium maintains a positive view of the Santos business, a combination of factors, when considered collectively, have impacted the Consortium’s assessment of its indicative offer. |
17 Sep 25 |
Singapore: ABB to power Singapore’s first floating LNG terminal Hanwha Ocean, one of the leading shipbuilders in South Korea, has awarded ABB the contract to supply a complete electric power and propulsion system for Singapore’s first floating liquefied natural gas (LNG) terminal. |
17 Sep 25 |
Brazil: Weatherford announces Tubular Running Services contract award with Petrobras Weatherford International has been awarded a three-year, $147 million contract by Petrobras to deliver Tubular Running Services (TRS) in Brazil. |
17 Sep 25 |
UK: Clean energy and jobs from publicly-owned Great British Energy Energy Secretary Ed Miliband has set out his vision for Great British Energy, detailing his expectations for how the UK’s publicly-owned clean power company will deliver on the government’s clean energy superpower mission – that will take back control of Britain’s energy supply to protect billpayers from global fossil fuel price spikes. |
16 Sep 25 |
Indonesia: Aquaterra Energy awarded early-stage subsea analysis contracts with INPEX in Indonesia Aquaterra Energy, a leader in offshore engineering solutions, has secured multiple offshore analysis contracts with INPEX Masela, a subsidiary of INPEX Corporation, Japan’s largest oil and gas exploration and production company. The work will support upcoming subsea drilling campaigns offshore of Indonesia. |
16 Sep 25 |
RWE successfully issues its second US dollar green bond, strengthening its US debt financing RWE has successfully issued its second green US dollar bond with a total volume of US$2 billion. Funds will be used to finance projects according to RWE’s Green Financing Framework. |
16 Sep 25 |
Ghana: Eni and its OCTP partners sign an agreement with the Government of Ghana to strengthen energy production and promote sustainability Eni, together with its Offshore Cape Three Points (OCTP) project partners, Vitol and the Ghana National Petroleum Corporation (GNPC), has signed a Memorandum of Intent with the Government of Ghana, represented by the Minister of Energy and Green Transition and the Minister of Finance, targeting the country’s oil and gas production increase and new sustainable initiatives. |
16 Sep 25 |
UK: Star Energy announces unaudited interim results for the six months ended 30 June 2025 Star Energy Group, a leading onshore hydrocarbon producer in the United Kingdom, delivering natural gas and crude oil to Britain’s energy market, has announced its unaudited interim results for the six months to 30 June 2025. |
16 Sep 25 |
UK: Petrofac extends contract in core North Sea market Petrofac, a leading provider of services to the global energy industry, continues its work in the UK's Southern North Sea with a contract extension from ONEgas West (a Shell UK operated venture). |
15 Sep 25 |
UK: Growing impact of artificial intelligence under the lens at the industry legal conference The legal and commercial community will once again meet at Ardoe House Hotel in Aberdeen on Thursday 25th September 2025 for the annual OEUK Legal Conference. The conference opens with a keynote speech from OEUK’s Supply Chain and People Director, Katy Heidenreich, followed by a programme comprising a dynamic mix of thought leadership, case law analysis, and interactive discussion. |
15 Sep 25 |
UK: Offshore energy industry beats official environmental targets A new analysis of environmental monitoring in the North Sea oil and gas industry published by Offshore Energies UK gives welcome evidence of performance outstripping official targets. There has been a 34% reduction in greenhouse gas emissions between 2018 and 2024, comfortably exceeding a 25% emissions reduction target outlined in the North Sea Transition Deal (NSTD) for 2027. |
15 Sep 25 |
US: California Resources Corp announces all-stock combination with Berry Corp California Resources Corporation and Berry Corporation have jointly announced their entry into a definitive agreement to combine in an all-stock transaction valuing Berry at approx. $717 million, inclusive of Berry’s net debt. |
15 Sep 25 |
Merlin Resources attending African Energy Week 2025 Bill Wilks and Helen Bone are looking forward to representing Merlin Energy Resources at African Energy Week on 29th September to 3rd October 2025 in Cape Town, South Africa. The event brings together attendees who are invested in the future of the African energy industry including Minsters from across the continent. |
15 Sep 25 |
Europa Oil & Gas announces interim results Europa Oil & Gas, the AIM quoted UK, Ireland and West Africa focused oil and gas exploration, development and production company, has announced its unaudited interim results for the eleven-month period ended 30 June 2025. Farmout discussions in Equatorial Guinea are progressing. |
