Latest News
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16 Jul 25Iraq: APIKUR condemns attacks on oil fields
The Association of the Petroleum Industry of Kurdistan (APIKUR) strongly condemns attacks on oil production sites operated by APIKUR member companies in Iraq’s Kurdistan Region on July 15 and July 16, 2025. -
16 Jul 25Namibia: Giraffe and NAMCOR granted 12-month extension to the second renewal exploration period for PEL 79
Sintana Energy has provided an update regarding Petroleum Exploration License 79 ('PEL 79') which governs Blocks 2815 and 2915 located in Namibia’s Orange Basin. Giraffe is the owner of a 33% interest in PEL 79 and NAMCOR is the operator with a 67% interest. -
16 Jul 25GeoPark announces Q2 2025 operational update
GeoPark, a leading independent energy company with over 20 years of successful operations across Latin America, has announced its operational update for the three-month period ended June 30, 2025. -
16 Jul 25Brazil: Seatrium to deliver the PETROBRAS 78 (P-78) - the first of a series of turnkey FPSOs - to Petrobras
Seatrium has announced the impending delivery of the PETROBRAS 78 (P-78) - the first of a series of turnkey Floating Production Storage and Offloading vessels (FPSO), to Brazil’s National Oil Company, Petrobras. -
16 Jul 25UK: Merlin celebrates EO Day 2025
On the 23rd June 2025 the Employee Ownership Association once again helped celebrate Employee-Owned companies by organising the 13th EO day. The day aims to raise awareness of employee-owned companies and the many benefits being employee owned brings. The theme this year was #eoSmile. -
16 Jul 25Eni announces 20-year sales and purchase agreement with Venture Global
Eni has announced the signing of a long-term liquefied natural gas (LNG) supply agreement with Venture Global. The agreement is Eni’s first long term LNG supply from the United States and represents a significant milestone in Eni’s strategy to expand and diversify its global LNG footprint. -
16 Jul 25SLB completes acquisition of ChampionX
SLB has closed its previously announced acquisition of ChampionX Corporation. This strategic acquisition strengthens SLB's leadership in the production and recovery space. -
16 Jul 25Denmark: Half of the monopile foundations installed at Thor offshore wind farm off the Danish coast
RWE has taken an important step in the construction of the 1.1-gigawatt (GW) Thor offshore wind farm in the Danish North Sea: as of yesterday, half of 72 monopile foundations for the wind turbines have been successfully installed. -
16 Jul 25Brunei: EnQuest awarded Production Sharing Agreement for Block C in Brunei Darussalam
EnQuest has been awarded a Production Sharing Agreement for Block C in Brunei by the Petroleum Authority of Brunei Darussalam. Block C is located offshore Brunei Darussalam and hosts the condensate-rich gas discovered fields of Merpati, Meragi and Juragan. -
16 Jul 25OEUK: Next offshore wind allocation round must raise 8.4 GW to move UK closer to Clean Power 2030 goals
Leading trade body OEUK has responded to the Government’s announcement of reforms to the Contracts for Difference scheme for Allocation Round 7 for offshore wind. -
16 Jul 25Iraq: Production temporarily suspended at DNO Kurdistan fields following explosions
Genel Energy has temporarily suspended production in Kurdistan, following the announcement by DNO that it was suspending production at its Kurdistan fields following explosions. -
16 Jul 25Norway: OMV drills dry well in the 'Hoffmann' prospect - 6606/4-1 S
OMV has drilled a dry well in the 'Hoffmann' prospect. Wildcat well 6606/4-1 S was drilled in production licence 1194 in the Vøring Basin, about 65 kms south of the Aasta Hansteen field. -
16 Jul 25UK: Key details of next clean power auction provide clarity for investors in vital new renewable energy projects
RenewableUK’s Policy Manager Nick Hibberd comments on the Government’s publication of the framework governing the next auction for new clean energy capacity - Contracts for Difference Allocation Round 7. -
16 Jul 25Japan: wpd signs PPA for Japanese wind farm
wpd, one of the world’s leading developers and operators of wind and solar farms, has concluded a corporate power purchase agreement (CPPA) with Nomura Real Estate Development Co. for the Higashi Izu Furusato onshore wind project in Japan. -
16 Jul 25UK and Czechia to lead global race on small modular reactors
British workers will further benefit from a new generation of nuclear power, as the government signs a landmark agreement with Czechia to kickstart the next chapter in the UK’s golden age of nuclear and secure high-skilled jobs. -
16 Jul 25Iraq: Production temporarily suspended at DNO Kurdistan fields following explosions
DNO reports that operations at its Tawke license in the Kurdistan region of Iraq have been temporarily suspended following three explosions early this morning. The damage assessment is underway and the Company expects to restart production once the assessment is completed. -
16 Jul 25Norway: OKEA announces second quarter 2025 financial results
OKEA delivered operating income of USD 206 million and EBITDA of USD 98 million in the second quarter of 2025. The net cash position was USD 42 million. With new wells sanctioned, guidance has been updated. -
16 Jul 25Strohm completes successful field trials for Petrobras
Strohm, the world’s first and leading producer of thermoplastic composite pipe (TCP), has successfully completed the first field trials with Petrobras for its TCP pipe design offshore Brazil, at water depths of approximately 1,500 metres. -
16 Jul 25The President of the Republic of Congo Denis Sassou Nguesso meets the CEO of Eni Claudio Descalzi
The President of the Republic of Congo, Denis Sassou Nguesso, met June 15 in Brazzaville with Eni's CEO, Claudio Descalzi, to discuss the numerous and different activities undergoing in the country.