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22 Apr 25![]() |
Norway: OKEA provides first quarter 2025 trading update OKEA will publish its financial report for the first quarter of 2025 on 29 April. The Company has today provided a trading update to summarise production and sales volumes and related updates for the quarter. |
22 Apr 25![]() |
UK: E.ON and Superdielectrics collaborate to develop revolutionary energy storage Leading energy provider E.ON and Superdielectrics, the Cambridge-based energy storage technology company, have entered into a wide-ranging collaboration agreement to promote and develop the British-developed battery solution, which is ultimately intended to give millions of homes access to safer, cheaper and cleaner power. |
22 Apr 25![]() |
China: ENN Natural Gas signs 15-year LNG Sale and Purchase Agreement with ADNOC ENN Natural Gas and ADNOC have signed a long-term LNG Sale and Purchase Agreement ('SPA'). Under the SPA, ADNOC will supply approx. one million tonnes per annum (mtpa) of LNG to ENN NG for a period of 15 years. The LNG will primarily be sourced from ADNOC’s Ruwais LNG project. The SPA marks the largest LNG deal by volume ever signed between the UAE and a Chinese partner. |
22 Apr 25![]() |
US: Chevron starts oil production from Ballymore project in the Gulf of America Chevron has started oil and natural gas production from the Ballymore subsea tieback in the deepwater Gulf of America. Ballymore, the latest in a series of Chevron projects to start up in the past year, represents another step towards the company’s goal to produce 300,000 net barrels per day of oil equivalent from the Gulf in 2026. |
22 Apr 25![]() |
Peru: Petroperu seeking a new strategic partner for the reactivation of a strategic oil field in the Marañón Basin The selection process for a new strategic partner for Block 192 - currently underway through Public Call No. Petroperú-001-2025-L192 - represents a decisive step toward the reactivation of this important oil field, located in the province of Datem del Marañón, in the Loreto region. |
22 Apr 25![]() |
Saudi Arabia: Aramco and BYD collaborate on new energy vehicle technologies Aramco, one of the world’s leading integrated energy and chemicals companies, and BYD, a leading manufacturer of new energy vehicles and power batteries, have agreed to explore closer collaboration in new energy vehicle technologies. |
21 Apr 25![]() |
France: Lhyfe confirms record €149 million subsidy from the French government for one of its largest upcoming production sites Lhyfe, a world pioneer in the production of green and renewable hydrogen for mobility and industry, has announced that the French Prime Minister has officially confirmed, by signature, a €149 million grant for its future green hydrogen production plant located near the Grand Canal of Le Havre. |
21 Apr 25![]() |
Indonesia announces winners of Direct Bidding Auction for Phase II of Oil and Gas Working Areas in 2024 The Ministry of Energy and Mineral Resources (ESDM) through the Directorate General of Oil and Gas (Migas) has announced the winners of the Direct Bidding Auction for Phase II of Oil and Gas Working Areas (WK) in 2024. |
21 Apr 25![]() |
Guyana: MODEC wins ExxonMobil Guyana’s Hammerhead FPSO contract MODEC has been awarded a contract by ExxonMobil Guyana to develop a Floating Production, Storage, and Offloading (FPSO) vessel for the Hammerhead project. The Hammerhead FPSO will have the capacity to produce 150,000 barrels of oil per day (BOPD). |
21 Apr 25![]() |
Iraq: Wood selected by TotalEnergies to advance Ratawi field redevelopment in Iraq Wood has been awarded two new engineering and procurement framework agreements worth $11 million by TotalEnergies EP Ratawi Hub as part of the Gas Growth Integrated Project (GGIP), a multi-energy project designed to enhance the development of Iraq’s natural resources and improve the country’s electricity supply at the Ratawi field in Iraq. |
21 Apr 25![]() |
Argentina: Vista Energy announces the acquisition of Petronas Argentina Vista Energy Argentina has acquired 100% of the capital stock of Petronas E&P Argentina S.A. ('PEPASA'), which holds a 50% working interest in La Amarga Chica unconventional concession ('LACh'), located in Vaca Muerta, Argentina, from Petronas Carigali Canada and Petronas Carigali International E&P. |
21 Apr 25![]() |
Renewables in 2024: 5 Key Facts behind a record-breaking year Global renewable energy capacity has reached new heights, demonstrating a remarkable progress in the world's transition to clean, sustainable energy. According to the International Renewable Energy Agency (IRENA)’s Renewable Capacity Statistics 2025, 2024 marks yet another benchmark in renewable energy capacity and growth. |
21 Apr 25![]() |
UK: Shell and Equinor joint venture announces Silver Fin as headquarters The new joint venture between Shell and Equinor will have its headquarters in the Silver Fin building in the heart of Aberdeen city centre, it has been revealed. In December, the two energy giants announced they would merge their North Sea oil and gas assets to create a new company. |
21 Apr 25![]() |
US: Pardee Resources Company divests Pennsylvania oil and gas interests Pardee Resources Company has closed on the sale of approx. 8,800 acres of oil & gas interests located in Elk and Cameron Counties, Pennsylvania for $10 million dollars. |
21 Apr 25![]() |
U.S. natural gas production remained flat in 2024 U.S. marketed natural gas production remained relatively flat in 2024, growing by less than 0.4 billion cubic feet per day (Bcf/d) compared with 2023 to average 113 Bcf/d, according to our latest Natural Gas Monthly. Production growth in the Permian was offset by declining production in the Haynesville and relatively flat production in Appalachia. |
21 Apr 25![]() |
GoM: Interior announces 11th National Outer Continental Shelf oil and gas leasing program Secretary of the Interior Doug Burgum has directed the Bureau of Ocean Energy Management to initiate the first step in a robust public engagement process to develop a new schedule for offshore oil and gas lease sales on the U.S. Outer Continental Shelf. |
21 Apr 25![]() |
GoM: New offshore oil and gas leasing program brings certainty and momentum to Gulf of America National Ocean Industries Association President Erik Milito has issued a statement after Secretary of the Interior Doug Burgum announced the next steps in a new offshore oil and gas leasing program. |
18 Apr 25![]() |
Mauritania/Senegal: bp completes loading of first cargo from Greater Tortue Ahmeyim LNG project bp has safely loaded the first cargo of liquefied natural gas (LNG) for export from its GTA Phase 1 project offshore Mauritania and Senegal. This follows flow of first gas from the project, announced earlier this year. |
18 Apr 25![]() |
Georgia to harness renewables to enhance energy security Accelerating the deployment of renewable energy in Georgia can significantly boost the country’s energy security, strengthen its competitiveness in regional and global markets, and reduce the national energy trade deficit, according to the new Energy Transition Assessment released by the International Renewable Energy Agency (IRENA). |
18 Apr 25![]() |
UK: SeaCURE awarded £3 million grant for new carbon capture project and pilot plant A new carbon capture project could pave the way for large-scale removal of carbon dioxide (CO2) from the atmosphere using the ocean. The SeaCURE pilot plant will be built at the SEA LIFE centre in Weymouth, thanks to a £3 million grant from the UK government’s Department for Business, Energy & Industrial Strategy (BEIS) through its Net Zero Innovation Portfolio. |
18 Apr 25![]() |
UK: ScottishPower signs multi-million pound vessel agreements with Norfolk marine companies Two Norfolk-based marine companies are set to play a major role in the construction of the East of England’s newest offshore windfarm – and reap the benefits of multi-million pound agreements – thanks to ScottishPower Renewables. |
18 Apr 25![]() |
UAE: New Scottish energy transition hub to launch in UAE to boost export sales A new Scottish energy transition hub will be launched in Abu Dhabi, the centre of UAE’s energy sector. The hub will support Scottish companies working in the clean energy sector and provide them with direct access to the substantial United Arab Emirates (UAE) market. The hub is the second phase of a dedicated programme delivered by Scottish Enterprise that aims to generate additional international export sales. |
18 Apr 25![]() |
UK: Report sets out measures to enable offshore industries to coordinate action on underwater noise more effectively The Offshore Wind Industry Council (OWIC) has published a new report setting out measures to ensure that the management of underwater noise is coordinated in a more effective way among the wide range of key industries now operating in the North Sea. |
18 Apr 25![]() |
Wood announces extension of PUSU deadline for Sidara offer The Board of Wood has announced an extension to the date by which Sidara is required either to announce a firm intention to make an offer for Wood or to announce that it does not intend to make an offer (PUSU deadline). Such announcement must now be made by not later than 5.00pm on 15 May 2025. |
18 Apr 25![]() |
Saudi Arabia: Lamprell's extension of Long-Term Agreement with Aramco strengthens strategic relationship Lamprell has announced the successful extension of its longstanding Offshore Long-Term Agreement (LTA) with Aramco, a strategic collaboration since 2018. |