Europe / Caspian / CIS
Country summary: United Kingdom
| Current deals: | 35 |
| Licensing articles: | 289 |
| Completed deals: | 1191 |
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United Kingdom - recent news
| 03 Nov 26 |
UK: Government grants development consent for Sea Link On 30 October 2026, the Secretary of State for Energy Security and Net Zero granted development consent for Sea Link, a new 138 km primarily offshore high voltage electricity link between Kent and Suffolk. |
| 03 Nov 26 |
UK: Chancellor putting billions of offshore wind investment at risk, warns Aberdeen Chamber The Chancellor's new approach to renewable energy risks putting billions of pounds of offshore wind investment and thousands of Scottish jobs in jeopardy, Aberdeen & Grampian Chamber of Commerce (AGCC) has warned. |
| 02 Nov 26 |
UK: bp has completed the sale of a 65% stake in Castrol to Stonepeak bp has completed the sale of a 65% stake in Castrol to Stonepeak. bp is using the $6 billion in after-tax proceeds to further reduce financial obligations, in line with its first priority of strengthening the balance sheet. Castrol will now operate as a standalone company with its own management, governance and strategic priorities, and bp will retain a 35% stake. |
| 02 Nov 26 |
UK: BW ESS announces commercial operations of Hams Hall Battery Energy Storage System Global energy storage owner-operator BW ESS has announced the start of commercial operations for the first phase of its Hams Hall battery energy storage system (BESS) in the West Midlands. The milestone, achieved last week, brings 350 MW / 1,243 MWh of storage capacity into commercial operation; the largest BESS by storage capacity (MWh) in Europe and a significant step forward in the delivery of infrastructure supporting the UK’s transition to a cleaner, more resilient energy system. |
| 02 Nov 26 |
UK: Kistos announces acquisition of a 30% interest in the Abbey and Baker gas developments, UK Southern North Sea Kistos, an independent energy company focused on unlocking value within its existing portfolio and through value-accretive M&A, has announced that its wholly-owned subsidiary, Kistos Energy Limited, has entered into a binding farmout agreement with Petrogas North Sea to acquire a 30% non-operated working interest in the UK Seaward Production Licences containing the Abbey and Baker gas fields, together with a 30% interest in the associated infrastructure. |
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