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04 Jun 25 |
UK: EnQuest selects Fennex’s AI-powered BBSS™ to enhance safety and behavioural insights across UK assets Fennex has secured a multi-year contract with international energy company EnQuest for the deployment of its flagship AI-powered Behaviour-Based Safety System, BBSS™. This partnership marks a major step in advancing data-driven safety practices across EnQuest’s UK operations. |
04 Jun 25 |
South Africa: Eco Atlantic secures Exploration Right and transfer of 75% interest in Block 1 - South Africa's Orange Basin Eco (Atlantic) Oil & Gas has announced that, further to the Farm-In Agreement announced on 5 June 2024, formal approval has been received from the South Africa Department of Mineral and Petroleum Resources. Accordingly, Eco has now secured a 75% Working Interest and full Operatorship of Block 1 offshore South Africa - one of the most strategically positioned assets in the highly prospective Orange Basin. |
04 Jun 25 |
Ghana: The Government of Ghana, Tullow, Kosmos Energy, PetroSA, GNPC and Explorco sign MoU to extend Ghana production licences to 2040 The Government of Ghana, Tullow Oil, Kosmos Energy, PetroSA, GNPC and Explorco have entered into a Memorandum of Understanding (MOU) to extend the West Cape Three Points (WCTP) and Deep Water Tano (DWT) licences to 2040, which cover the Jubilee and TEN fields in Ghana. |
04 Jun 25 |
Azerbaijan: Go-ahead for next phase of development of giant Shah Deniz gas field The Shah Deniz consortium today announced it has taken the final investment decision (FID) for the new Shah Deniz Compression (SDC) project, the next stage of development of the giant Shah Deniz gas field in the Azerbaijan sector of the Caspian Sea. |
04 Jun 25 |
US: Viper Energy, a subsidiary of Diamondback Energy, to acquire Sitio Royalties Corp. Viper Energy, a subsidiary of Diamondback Energy, and Sitio Royalties Corp. have announced that they have entered into a definitive agreement under which Viper will acquire Sitio in an all-equity transaction valued at approx. $4.1 billion, including Sitio’s net debt of approx. $1.1 billion as of March 31, 2025. |
04 Jun 25 |
Azerbaijan: bp deepens and progresses in Azerbaijan with go-ahead for new major project and exploration access bp, together with its partners, has entered into a series of agreements that will build and expand on its major oil and gas interests in Azerbaijan, paving the way for growth and additional production while deepening its partnership with the country and state oil company, SOCAR. |
04 Jun 25 |
US Department of Energy terminating 24 awards totaling over $3.7 billion allocated for clean energy projects U.S. Secretary of Energy Chris Wright has announced the termination of 24 awards issued by the Office of Clean Energy Demonstrations (OCED) totaling over $3.7 billion in taxpayer-funded financial assistance. |
03 Jun 25 |
Trinidad: Shell takes Final Investment Decision for Aphrodite in Trinidad and Tobago Shell Trinidad and Tobago has taken a Final Investment Decision (FID) on the Aphrodite project, an undeveloped gas field in the East Coast Marine Area (ECMA) in Trinidad and Tobago. |
03 Jun 25 |
UK: METLEN expands its renewable energy projects portfolio in the UK METLEN, a global industrial and energy company, has signed six new contracts for the development of renewable energy projects in the UK, further strengthening its presence in the country. The new EPC contracts are for five solar parks and one Battery Energy Storage System (BESS), with a combined capacity of 313.4 MW. |
03 Jun 25 |
UK: TotalEnergies acquires a pipeline of solar and battery projects TotalEnergies has announced the acquisition from Low Carbon, a leading renewable energy company, of a pipeline of 8 solar projects with a capacity of 350 MW and 2 battery storage projects with a capacity of 85 MW. |
03 Jun 25 |
Aker Solutions’ autonomous drones pass crucial milestone Aker Solutions has successfully installed an autonomous drone system on Aker BP’s Edvard Grieg platform in the North Sea, enabling frequent, remote inspections from shore. |
03 Jun 25 |
Acquisition of Petrojarl I complete as Amplus gears up for global project opportunities Amplus Energy has announced the selection of Astican Shipyard in Las Palmas de Gran Canaria to undertake a major multi-million-dollar work scope in preparation for the redeployment of one of the offshore industry’s most iconic FPSO units. |
03 Jun 25 |
Italy: Vestas receives 127 MW of orders in Italy Vestas has received 127 MW of orders in Italy as part of its Q2 order intake. Turbine delivery is scheduled for 2025 / 2026, with commissioning 2026. |
03 Jun 25 |
UK: RGU report issues UK offshore energy industry jobs warning A major new report from Robert Gordon University has warned that the UK risks losing tens of thousands of offshore energy jobs by 2030 unless urgent and coordinated action is taken immediately. |
03 Jun 25 |
US: Helium One Global reports State-9 well drilled to TD and free gas confirmed AIM-listed Helium One Global, the primary helium explorer in Tanzania with a 50% working interest in the Galactica-Pegasus helium development project in Colorado, USA, has provided an update following the Blue Star Helium announcement issued today regarding the Galactica Project. |
03 Jun 25 |
Falklands: Rockhopper Exploration announces publication of independent resource evaluation AIM-listed Rockhopper Exploration, the oil and gas company with key interests in the North Falkland Basin, has announced the publication of an independent resource evaluation conducted by Netherland, Sewell & Associates, Inc. ('NSAI') on behalf of Rockhopper. |
02 Jun 25 |
US: Interior moves to rescind 2024 rule on Alaska’s Petroleum Reserve The Department of the Interior has proposed rescinding a rule put in place last year that added new restrictions on oil and gas development in the National Petroleum Reserve in Alaska. |
02 Jun 25 |
Norway: Harbour Energy's 9/6-1 wildcat confirms reservoir suitable for CO2 injection and storage A wildcat well drilled by Harbour Energy Norge and licensees in the 'Havstjerne' storage project confirmed a reservoir that is suitable for injection and storage of carbon dioxide (CO2). |
02 Jun 25 |
Germany: Aker Solutions awarded contract for BalWin2 offshore wind project Aker Solutions has signed a significant contract with Dragados Offshore to deliver the steel substructure for the 2GW HVDC converter station for the BalWin2 offshore wind grid connection system in Germany, developed by Amprion Offshore. |
02 Jun 25 |
UK: Thriving North Sea key to achieve national economic, industrial and climate success Offshore Energies UK has published a plan calling for industry and government to develop a new national energy strategy that places home produced energy at its core. |
02 Jun 25 |
US: National Grid Renewables to move forward as Geronimo Power Following the previously announced acquisition of National Grid Renewables by Brookfield Asset Management and its institutional partners, the company will move forward and transact business under the brand name, Geronimo Power. |
02 Jun 25 |
Fugro secures significant gas field development award in Southeast Asia Fugro has signed a letter of award to perform a site characterisation programme for a deepwater gas field development in Southeast Asia. This significant award represents the largest geotechnical & geophysical survey project for Fugro in the Asia Pacific region to date, reflecting the positive momentum of deepwater developments in the region. |
02 Jun 25 |
Ghana: Eni Ghana and its OCTP partners, Vitol and GNPC, launch Sankofa East 1X Side Track 2 activity Eni Ghana - together with its OCTP partners Vitol Upstream Ghana Ltd (Vitol) and Ghana National Petroleum Corporation (GNPC) - has kicked off the Sankofa East 1X Side Track 2, marking a significant milestone in the further development of Ghana’s upstream energy sector. |
02 Jun 25 |
Saudi Arabia, Russia, Iraq, UAE, Kuwait, Kazakhstan, Algeria, and Oman reaffirm commitment to market stability and adjust production The eight OPEC+ countries, which previously announced additional voluntary adjustments in April and November 2023, met virtually on 31 May 2025, to review global market conditions and outlook. The eight participating countries will implement a production adjustment of 411 thousand barrels per day in July 2025 from June 2025 required production level. |
02 Jun 25 |
Tower Resources announces preliminary results to 31 December 2024 AIM-listed Tower Resources, the Africa-focused energy company, has announced its preliminary results for the 12 months ended 31 December 2024. |
