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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. |
17 Dec 25 |
Norway: DeepOcean selected as Vår Energi’s IMR partner Ocean services provider DeepOcean has been awarded a new long-term inspection, maintenance and repair (IMR) frame agreement with operator Vår Energi. |
17 Dec 25 |
Azerbaijan: SOCAR and MOL Group sign production sharing agreement for exploration and production in Shamakhi–Gobustan area SOCAR and MOL Group have signed a Production Sharing Agreement (PSA) for exploration and production in Azerbaijan’s Shamakhi–Gobustan area. |
17 Dec 25 |
VoltaGrid and Halliburton make 400 MW power commitment in the Eastern Hemisphere Halliburton and VoltaGrid have announced a significant milestone in their strategic collaboration. The companies have secured manufacturing for 400 megawatts (MW) of modular natural gas power systems for delivery in 2028 to support the development of data centers across the Eastern Hemisphere. |
17 Dec 25 |
UK: 500 jobs protected at Grangemouth as UK Government partners with INEOS to save vital plant’s future Britain’s last ethylene plant at Grangemouth has been saved by the UK Government - securing 500 good jobs and hundreds more across the region in the supply chain. |
17 Dec 25 |
EnQuest announces Q4 operations update EnQuest has announces a Q4 operations update. The Company continues to demonstrate operational excellence across its portfolio, both in the UK North Sea and South East Asia, and expects to again deliver against all 2025 guidance targets. |
16 Dec 25 |
Canadian Natural Resources announces 2026 budget Canadian Natural’s President, Scott Stauth, commented on the Company's 2026 budget. The Company's low cost, long life low decline asset base allows Canadian Natural to maintain a strong balance sheet through commodity price cycles while providing significant and sustainable returns to its shareholders. |
16 Dec 25 |
Norway: Norwegian Offshore Directorate postpones regulatory changes The Norwegian Offshore Directorate has put forward proposed changes to the Regulations relating to resource management in the petroleum activities and the Regulations relating to documentation in connection with storage of CO2 on the shelf for public consultation. |
