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20 Mar 25
DOF Group announces contract award for SURF project
DOF Group has announced the award for a SURF project in the Atlantic region from an undisclosed energy company.
20 Mar 25
Europa Oil & Gas announces interim results
Europa Oil & Gas, the AIM quoted UK, Ireland and West Africa focused oil and gas exploration, development and production company, has announced its unaudited interim results for the five-month period ended 31 December 2024.
20 Mar 25
Spain: Prospex Energy announces proposed acquisition of 100% of Tarba Energía and Viura drilling schedule update
Prospex Energy has signed a binding agreement to become the sole shareholder of Tarba Energía, the company through which Prospex holds its investment in the El Romeral production concessions and associated El Romeral gas-to-power plant situated near Carmona in southern Spain and in the Tesorillo and Ruedalabola exploration permits (currently suspended) in the Cadiz province in southern Spain.
20 Mar 25
Energean announces 2024 full year results
Energean has announced 2024 full year results. During 2024, the Company continued its growth trajectory with FY 2024 Group production rising by 24% to 153 kboed, of which 112 kboed came from our flagship Karish and Karish North fields in Israel.
20 Mar 25
Peru: PetroTal announces Q4 and full year 2024 results
PetroTal has reported its operating and financial results for the three months and year ended December 31, 2024. The Company reported strong financial and operational results in 2024, increasing production by an average of 25% over 2023, while returning more than $65 million to shareholders through dividends and share buybacks.
20 Mar 25
US: EIA forecasts Alaska crude oil production will grow in 2026 for the first time since 2017
EIA forecasts Alaska crude oil production will grow in 2026 for the first time since 2017. In its March 2025 Short-Term Energy Outlook, the EIA forecast crude oil production in Alaska will increase by 16,000 barrels per day (b/d) in 2026 to 438,000 b/d after remaining relatively flat in 2025.
19 Mar 25
UK: Plan for future of Grangemouth
Plans to secure a long-term industrial future for Grangemouth have been stepped up as a feasibility study sets out nine options for its future. The plan – which is backed by £25 million from the Scottish Government and £200 million from the UK Government – will support jobs, unlock investment and drive growth.
19 Mar 25
Apollo funds to acquire OEG
OEG has announced that funds managed by Apollo affiliates have agreed to acquire a majority stake in OEG from funds managed by the Power Opportunities strategy of Oaktree Capital Management, LP ('Oaktree') and other investors. OEG is a scaled provider of core services across the offshore energy ecosystem, delivering development and operations solutions to oil & gas (O&G) and wind end markets for more than 50 years.
19 Mar 25
UK: OEUK Share Fair 2025: Full keynote speech by David Whitehouse
David Whitehouse – Chief Executive of Offshore Energies UK – delivered a keynote address to over 550 attendees at the Offshore Energies UK (OEUK) Share Fair event in Aberdeen on the 19th March 2025. David highlighted the importance of the event in showcasing business opportunities across the offshore energy sector.
19 Mar 25
Cote d'Ivoire: Eni increases gas volumes for power generation in Cote d'Ivoire
Eni and Petroci have announced a significant increase in gas supply for Côte d'Ivoire’s power generation system. Launched in December 2024 on schedule and with full safety measures, Phase 2 of the Baleine project marks another step forward in the company’s commitment to strengthening the country’s energy sector and industrial development, significantly strengthening access to energy.
19 Mar 25
Solstad Offshore announces contract award for 'Normand Subsea'
Solstad Offshore has announced a contract award with Subsea7 for the subsea construction vessel 'Normand Subsea'. 'Normand Subsea' is a versatile IMR vessel that has been on contract to Subsea7 since 2009.
19 Mar 25
Turkey: Trillion Energy announces SASB field operational update
Trillion Energy International has announced an operational update for the SASB offshore gas project, Turkey. In January 2025, the Company successfully installed new velocity string tubing in two tripod-based wells, Alapli-2 and Bayhanli-2. This follows the installation of similar tubing in four wells on the Akcakoca platform during the fall of 2024.
19 Mar 25
Taiwan: Copenhagen Infrastructure Partners reaches financial close on Fengmiao I offshore wind farm
Copenhagen Infrastructure Partners (CIP), through its fund Copenhagen Infrastructure V (CI V), has reached financial close on the 495MW Fengmiao I offshore wind project off the coast of Taichung, Taiwan.
19 Mar 25
US: President Trump signs CRA resolution nullifying methane tax regulations on energy producers
Independent Petroleum Association of America (IPAA) President & CEO Jeff Eshelman issued a statement March 15 on President Donald Trump signing H.J.Res.35 which through the Congressional Review Act process disapproves of the Biden Environmental Protection Agency’s (EPA) methane tax regulations.
19 Mar 25
Hungary: MOL discovers new oil field in Western Hungary
MOL has discovered a new oil field near Somogysámson in Western Hungary. According to the results, the well located in the Somogysámson oil field is capable of producing 1,200 barrels per day.
19 Mar 25
UK energy supply chain at risk as 90% eye overseas markets
Offshore Energies UK’s 2025 Supply Chain report says building on the UK’s unique industrial strengths in energy production is key to unlocking the Government’s ambition to grow the nation’s economy and build the future of the North Sea.
19 Mar 25
TGS announces the launch of the Measurement Data Ecosystem (MDE) at Wind Europe
TGS, in collaboration with industry leaders, will unveil the MDE at Wind Europe’s Annual Event in Copenhagen on April 8, 2025. This platform, driven by a groundbreaking wind and metocean data model, tackles critical inefficiencies in offshore wind data management, where manual handling currently consumes up to 50% of project timelines.
19 Mar 25
Eni and Vitol to strengthen collaboration in West Africa
Eni and Vitol have agreed that Vitol will acquire interests in certain assets owned by Eni in Cote d’Ivoire and the Republic of Congo for an aggregate consideration of USD1.65 billion.
19 Mar 25
UK: Serica Energy provides update on Triton FPSO
Serica Energy has announced that, following conversations with the operator, Dana Petroleum, regarding the timeline required to deliver the scope of work, production from the Triton FPSO is now not expected to recommence before May.
19 Mar 25
Norway: Zenith Energy completes private placement in Norway
Zenith Energy has completed a private placement in Norway. The proceeds of the placement will be used to provide immediate additional funding for the potential acquisition of near-term electricity production assets currently being evaluated by the Company.
18 Mar 25
DOF Group secures refinancing through the signing of USD 1,025m term loan and USD 50m revolving credit facility
The DOF Group has signed a USD 1,025 million senior secured term loan facility with a syndicate of ten banks and a USD 50 million revolving credit facility. The facilities will be used to repay existing debt and for general corporate purposes.
18 Mar 25
Denmark: European Energy divests Lidsø solar park to Alight
European Energy has completed the sale of Lidsø solar park in Lolland, Denmark, to Alight, a Nordic solar developer and independent power producer.
18 Mar 25
Norway: Aker BP granted drilling permit for well 6405/7-4 in production licence PL 1005
The Norwegian Offshore Directorate has granted Aker BP a drilling permit for well 6405/7-4 in production licence PL 1005.
18 Mar 25
UK: First meeting of Great British Energy board members
Great British Energy’s start-up board members met in Aberdeen on March 17 to discuss scaling up the company and kickstarting investments, to deliver the government’s Plan for Change and clean energy superpower mission.
18 Mar 25
UK: RWE marks major construction milestones at Sofia offshore wind farm
RWE, one of the world’s leading offshore wind companies, is celebrating significant progress in the construction of its 1.4 gigawatts (GW) Sofia offshore wind farm located on the Dogger Bank off the UK east coast.
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