energy-pedia news

Search energy-pedia news by selecting date, type, and region from the drop-down boxes

The full News Archive is available to Corporate Subscribers only. Non-Subscribers can access up to four years of archived news. For details of how to subscribe click here.

Reset

26 Nov 25	Solstad Offshore awarded new contract by PETROBRAS for the AHTS Normand Topazio Solstad Offshore has been awarded a new contract by PETROBRAS for the anchor handling tug supply vessel (AHTS) Normand Topazio.
26 Nov 25	UK: Government Budget delivers bitter blow to UK’s energy workers and industry Offshore Energies UK (OEUK) has condemned the government’s decision in today’s Budget (26/11) to reject replacement of the Energy Profits Levy (EPL) in 2026 – a move that will cost tens of thousands of jobs, cripple investment, and undermine Scotland and the UK’s energy security.
26 Nov 25	GeoPark announces 2P reserve replacement of 430% GeoPark , a leading independent energy company with over 20 years of successful operations across Latin America, has announced its independent oil and gas reserves assessment, certified by DeGolyer and MacNaughton Corp. as of December 31, 2025.
26 Nov 25	Energean announces Trading Statement and Operational Update Energean has provided an update on recent operations and the Group's trading performance in the nine-months to 30 September 2025. Despite the challenging geopolitical and macro environment, business remained resilient, generating $828 million in adjusted EBITDAX for the 9M period and maintaining year-on-year Cost of Production (excluding royalties) at $6/boe.
26 Nov 25	Energy Holdings Q3 2025: Strong operational execution and strategic delivery SED Energy Holdings ('Energy Holdings') delivered solid third-quarter results, supported by high technical utilization and strong operational execution. Revenue and EBITDA increased year-over-year, reflecting more active rigs at higher day rates, while two rigs completed yard work ahead of new long-term contracts that commenced in the fourth quarter.
26 Nov 25	UK: Growing risk of UK offshore energy supply chain relocating overseas due to project delays, survey finds Frequent delays to offshore energy and infrastructure projects are threatening the viability of the UK supply chain, according to a new study from the leading trade and industry development body for the nation's underwater sectors.
25 Nov 25	Egypt: The President of Egypt Abdel Fattah El-Sisi meets Eni CEO Claudio Descalzi The President of the Arab Republic of Egypt, Abdel Fattah el-Sisi met with Eni Chief Executive Officer Claudio Descalzi to discuss Eni's strong partnership with Egypt and the upcoming new initiatives. During the meeting, Eni CEO Descalzi reviewed the company’s recent investments in the Country’s Upstream sector, which helped to confirm Eni’s role as Egypt’s top oil and gas producer.
25 Nov 25	France: TotalEnergies demobilizes its floating LNG terminal in Le Havre In 2022, when Europe faced a major energy crisis due to a sharp decline in gas imports from Russia, TotalEnergies provided France, at its own expense and without any public subsidies, with a LNG floating storage and regasification unit (FSRU) in the port of Le Havre. Now that gas supply conditions in France and Europe have stabilized, TotalEnergies has decided to demobilize its LNG FSRU in Le Havre.
25 Nov 25	Vantage Drilling International reports third quarter 2025 results Vantage Drilling International reported a net income attributable to shareholders of approx. $67.2 million or $4.97 per diluted share for the three months ended September 30, 2025, based on the weighted average shares outstanding, as compared to a net loss attributable to shareholders of approx. $10.6 million or $0.80 per diluted share for the three months ended September 30, 2024.
25 Nov 25	UK: Tattva Group to invest £2mn in PDi to drive North Sea growth Tattva Group has announced a £2 million investment in Project Development International (PDi), signalling a strategic push to expand its footprint in the North Sea, with a particular focus on engineering and procurement services to support operations and decommissioning.
25 Nov 25	Zenith Energy provides update sale of ZEN-260 drilling rig Zenith Energy, the listed international energy production and development company, has provided an update regarding the sale of its fully owned ZEN-260 onshore drilling rig ('ZEN-260').
25 Nov 25	UK: Structural reform needed to address UK electricity price pressures New research from the University of Aberdeen warns that UK electricity bills are unlikely to fall under current arrangements and urges policymakers to consider structural reforms to protect consumers while delivering the energy transition.
25 Nov 25	Norway: Integrated Wind Solutions Q3 2025 reports record net profit Integrated Wind Solutions, an offshore wind service company listed on the Oslo Stock Exchange, has published its Q3 2025 Financial Report and Presentation. The Company reports another healthy quarter with a record net profit.
25 Nov 25	US: Diversified Energy completes Canvas Energy acquisition Diversified Energy Company has announced the closing of its previously announced, accretive acquisition of Canvas Energy, which adds complementary operated producing properties and acreage positions in Oklahoma.
24 Nov 25	Saudi Arabia: Aramco and Pasqal make history with Saudi Arabia’s first quantum computer Aramco, one of the world’s leading integrated energy and chemicals companies, in partnership with Pasqal, a global leader in neutral-atom quantum computing, have achieved a major breakthrough for the Middle East’s technology landscape with the successful deployment of Saudi Arabia’s first quantum computer.
24 Nov 25	UK: Analysis shows Energy Profits Levy reform will give a £15 billion government revenue boost Industry proposals to reform the 78% Energy Profits Levy (EPL) would yield an extra £15.7 billion in taxes within ten years, according to a statistical analysis by Offshore Energies UK (OEUK).
24 Nov 25	Merlin’s Eleanor Oldham attends the EAGE Global Energy Transition (GET) conference in Rotterdam Merlin’s Eleanor Oldham attended the EAGE Global Energy Transition (GET) conference in Rotterdam from 28th-30th October. GET hosts no less than four co-located conferences for geoscientists and engineers working in Carbon Capture & Storage, Geothermal, Hydrogen & Energy Storage and Offshore Wind.
24 Nov 25	UK: Windfall tax reform would yield extra £15.7 billion in taxes Reforming the Energy Profits Levy (EPL) in 2026 could generate an extra £15.7 billion in tax revenues over the next decade, according to new analysis from Offshore Energies UK (OEUK).
24 Nov 25	Germany: World record for BVB and RWE: Germany's largest stadium now has the most powerful PV system on a stadium roof The new photovoltaic system at SIGNAL IDUNA PARK, which was developed as part of the sustainability partnership between BVB football club and RWE, is now complete. With 11,132 solar modules and an output of over 5 megawatts (MWp), Germany’s largest stadium now boasts the world's most powerful PV system ever installed on a stadium roof.
24 Nov 25	Norway: THREE60 Energy strengthens Norwegian operations to deliver greater value for clients Global energy services provider THREE60 Energy has announced a strengthened operational structure in Norway following a period of significant growth across its Wells and Subsurface service lines. The move enhances integration, agility, and technical capability ensuring clients in Norway and internationally benefit from more coordinated project delivery.