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24 Apr 25
Jadestone Energy concludes successful actions to enhance liquidity and deliver resilient operations
Jadestone Energy, an independent upstream production and development company focused on the Asia-Pacific region, has successfully concluded a number of actions to enhance its balance sheet and is undertaking an extensive operating cost review to deliver a resilient business throughout the oil price cycle.
24 Apr 25
UK: Great British Energy receives £300 million to invest in offshore wind supply chains
Prime Minister brings forward an initial £300 million investment ahead of Spending Review through Great British Energy to win global offshore wind investment for the UK.
24 Apr 25
Vietnam: PETRONAS powers Vietnam’s energy future with its first LNG cargo delivery to PetroVietnam Gas
PETRONAS, through its subsidiary, PETRONAS LNG Ltd. (PLL) has successfully concluded the delivery of its first Liquefied Natural Gas (LNG) cargo to PetroVietnam Gas (PV Gas).
23 Apr 25
Germany: High lev­el of com­pe­ti­tion in the auc­tion for so­lar in­stal­la­tions that end­ed on 1 March 2025
Germany's Federal Network Agency (Bundesnetzagentur) has announced the successful bids in the auction that ended on 1 March 2025 for ground-mounted solar photovoltaic (PV) installations and solar installations on a construction that is neither a building nor a noise barrier.
23 Apr 25
US: Calpine, ExxonMobil sign CO2 transportation and storage agreement for power generation project
ExxonMobil to transport and store up to 2 million metric tons per year of CO2 from Calpine’s natural gas power generation facility. Calpine plans to produce ~500 megawatts of reliable low-carbon electricity, enough to power more than 500,000 homes. Project expected to bolster U.S. energy, strengthen industry competitiveness, and create jobs.
23 Apr 25
Saipem announces results for the first quarter of 2025
In the first quarter of 2025, Saipem achieved: Revenue €3,518 million, +15.5% compared to the corresponding quarter of 2024, Adjusted EBITDA: €351 million, +31% compared to the corresponding quarter of 2024, and New contracts equal to €2,1 billion.
23 Apr 25
Netherlands: Vestas and Ecowende test red blades at Hollandse Kust West
At Ecowende’s initiative, Vestas is supplying red blades for a new trial at Hollandse Kust West. The trial involves one red-coated blade on each of seven wind turbines. The purpose is to investigate whether the red color increases blade visibility to birds and helps reduce the risk of collisions, compared to the traditional grey blades.
23 Apr 25
North Star first vessel operator to certify offshore wind vessels to meet new global maritime cyber resilience standards
North Star has become the first organisation in the world to have ships achieve Lloyd’s Register’s Cyber Resilience classification, in line with mandatory International Association of Classification Societies (IACS) standards implemented for all newbuilds from 1 July 2024.
23 Apr 25
Vantage Drilling International receives conditional letter of award for the Platinum Explorer
Vantage Drilling International has received a conditional letter of award ('CLOA') for the Platinum Explorer with a 90 day validity period. The contract value is circa $80M with an anticipated 260 days required to render the campaign, inclusive of mobilization time, paid-for contract preparation time and demobilization time.
23 Apr 25
Ukraine: Ukrtransgaz commences new gas storage injection season
Naftogaz Group’s storage operator, JSC Ukrtransgaz, has officially commenced the new gas injection season across its underground gas storage (UGS) facilities. The 2024/2025 withdrawal season spanned 167 days and was marked by sustained Russian attacks, a decline in domestic production, and the halt of Russian gas transit. Despite these challenges, Ukraine’s UGS facilities remained stable and continue to operate without interruption.
23 Apr 25
UK: Energy UK urges the Government to seize the moment and unleash the potential of nuclear energy to play a crucial role in a clean energy system
In a new report published today, Energy UK is urging the Government to seize the moment and unleash the potential of nuclear energy to play a crucial role in a clean energy system and support the country’s economic growth.
23 Apr 25
Germany: RWE builds wind farm in Mecklenburg-Western Pomerania
RWE is expanding its onshore wind portfolio in Mecklenburg-Western Pomerania by 22.8 MW. RWE is building four wind turbines with a total installed capacity of 22.8 megawatts (MW) near Papenhagen, close to the small town of Grimmen in the district of Vorpommern-Rügen.
23 Apr 25
Norway's oil production in March is 4.2 percent more than the NOD’s forecast
Preliminary production figures for March 2025 show an average daily production of 1,972,000 barrels of oil, NGL and condensate. Oil production in March is 4.2 percent more than the NOD’s forecast and 2.2 percent more than the forecast so far this year.
23 Apr 25
Baker Hughes Company announces first-quarter 2025 results
Baker Hughes Company has announced results for the first quarter of 2025. The Company started the year strong, building on the positive momentum from 2024 and setting multiple first-quarter records.
23 Apr 25
UK: Energy security is national security
Specialists from industry, defence policy, the security services and academia will address a high-level Security and Resilience Conference being held by Offshore Energies UK in the Union Kirk, Aberdeen, Scotland on 30th April 2025.
23 Apr 25
UK: Seabed Exclusivity Agreement confirms Scottish development of pioneering floating offshore wind asset storage
Offshore Solutions Group (OSG), a UK-based developer focused on the floating offshore wind (FLOW) sector, has signed a two-year Exclusivity Agreement with Crown Estate Scotland for areas of seabed in the Moray Firth, the proposed location of its ground-breaking FLOW-Park.
23 Apr 25
Indonesia: EnQuest awarded two Production Sharing Contracts in Indonesia
EnQuest has announced that the Ministry of Energy and Minerals of Indonesia has confirmed EnQuest (and its joint venture partners) as the winning bidder(s) for two Production Sharing Contract (PSC) blocks in Papua Barat, Indonesia: Gaea and Gaea II.
23 Apr 25
US: Helium One Global announces Jackson-27 well drilled to TD and free gas confirmed
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.
23 Apr 25
Kazakhstan: Nostrum Oil & Gas announces full year results for Y/E 31 December 2024
Nostrum Oil & Gas, an independent mixed-asset energy company with world class gas processing facilities and export hub in north-west Kazakhstan, has announced its results for the twelve months ended 31 December 2024
23 Apr 25
Panoro Energy announces 2024 Annual Statement of Reserves: 309 percent organic reserve replacement ratio achieved
Panoro Energy has announced the release of its 2024 Annual Statement of Reserves. Panoro achieved an organic reserve replacement ratio of 309 percent in 2024. Consequently, the Company’s net working interest 2P reserves as of 31 December 2024 were 42.27 million barrels of oil, an increase of 7.6 MMbbls (or 22 percent) from the 34.67 MMbbls reported at end 2023.
23 Apr 25
Norway: Vår Energi reports strong financial results in the first quarter 2025
Vår Energi, a leading independent upstream oil and gas company on the Norwegian continental shelf (NCS), reports strong results in line with expectations and is on track to deliver transformative growth in 2025 while maintaining resilience and flexibility in a volatile market.
23 Apr 25
DNO provides update ahead of Q1 2025 operating and interim financial results
DNO, the Norwegian oil and gas operator active in the Middle East, the North Sea and West Africa, has provided an update on production, sales volumes and other selected information for the quarter, ahead of publishing its Q1 2025 operating and interim financial results on 15 May.
23 Apr 25
Woodside announces first quarter report for period ended March 2025
Woodside has announced its first quarter report for period ended March 2025. Woodside CEO Meg O’Neill said the company continued its focus on operational excellence and project delivery over the first quarter of 2025, while laying the foundation for Woodside’s next phase of value creation.
22 Apr 25
Weatherford and AIQ sign strategic partnership to accelerate efficiency in energy production
Weatherford International has signed a strategic Memorandum of Understanding (MOU) with AIQ, the Abu Dhabi-based artificial intelligence (AI) champion developing innovative solutions for the energy sector. This partnership is set to bring transformative efficiency to energy production, leveraging advanced automation, data-driven insights, and the power of AI technology.
22 Apr 25
US: Crescent Energy completes accretive sale of non-operated Permian Basin assets
Crescent Energy has announced the closing of the sale of non-operated Permian Basin assets to a private buyer for $83 million in cash.
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