United Kingdom

E&P Highlights: June 17, 2024

Here’s a roundup of the latest E&P headlines, including Woodside’s Sangomar project reaching first oil and TotalEnergies divesting from Brunei.

June 17, 2024

Sea Power: Noble’s Deal Fires Major Volley in Offshore, Services M&A

Noble Corp.’s $1.6 billion acquisition of Diamond Offshore Drilling may seem like small potatoes compared to the upstream sectors’ massive megadeals, but service sector consolidation could snowball, analysts said.

June 14, 2024

PGS, TGS Merger Receives Final Approval from UK Authorities

With regulatory conditions satisfied, PGS and TGS’ merger is expected to be complete July 1 and will establish the combined entity as a full-service geophysical data company. 

June 11, 2024

Energy Transition in Motion (Week of June 7, 2024)

Here is a look at some of this week’s renewable energy news, including the International Energy Agency’s forecast on clean energy investment reaching $2 trillion this year.

June 7, 2024

TotalEnergies Buys UK Power Plant from EIG for $575MM

TotalEnergies signed an agreement with EIG, an institutional investor in the global energy sector, for the acquisition of all the shares of West Burton Energy for an enterprise value of £450 million (US$575 million).

June 6, 2024

E&P Highlights: May 20, 2024

Here’s a roundup of the latest E&P headlines, including development of the Belinda Field in the North Sea to new contract awards and service company acquisitions. 

May 20, 2024

Boralex Secures Financing for UK Wind Farm

Boralex' project, located in Scotland, is the company’s largest project in Europe, capable of powering 100,000 British homes.

May 16, 2024

E&P Highlights: May 6, 2024

Here’s a roundup of the latest E&P headlines, including technology milestones and new contract awards.

May 6, 2024

Pitts: US, Qatar Face off in LNG ‘Olympics’

In the LNG exporting space, the U.S. is squaring off with its fiercest competitor, Qatar, with both countries expected to outpace Australia

May 3, 2024

NSTA Offers 31 More Licenses in Latest Licensing Round

The leasing round attracted 115 bids from 76 companies vying for 257 blocks and partial blocks in the U.K. Continental Shelf.

May 3, 2024