bp has announced that the bp Board has appointed Meg O’Neill as bp’s next CEO, effective 1 April 2026. Murray Auchincloss has decided to step down from his position as CEO and director of the Board, effective Thursday, 18 December. Carol Howle, current executive vice president, supply, trading & shipping of bp, will serve as …
Reeflex Solutions Inc. has announced a surge in new business across its Coil Solutions subsidiary. combining more than US$6 million in new orders for specialised coiled tubing equipment destined for both North American and Middle Eastern energy markets. On 11 December 2025, the company confirmed a US$3.4 million contract to design and manufacture a fully …
Reeflex Solutions secures over $6 million in orders Read More »
bp has delivered the Atlantis Drill Center 1 expansion project two months ahead of its original schedule by utilising existing subsea inventory, drilling and completing wells more efficiently, and streamlining offshore execution planning. This is bp’s fifth major startup that has been delivered ahead of schedule this year. “Atlantis Drill Center 1 caps off an …
Borr Drilling has entered into an agreement to acquire five premium jack-up rigs from Noble Corporation, consisting of three Friede & Goldman JU-3000N design rigs and two Gusto MSC CJ50 design rigs, for a total purchase price of $360 million. These rigs have complementary specifications and geographic footprint to Borr Drilling’s existing fleet, enabling the …
Borr Drilling to acquire five premium jack-up rigs Read More »
PTT Oil and Retail Business Public Company Limited (OR), Thailand’s largest fuel retailer and the operator of the rapidly expanding Café Amazon chain, delivered a solid financial performance in the third quarter of 2025, reflecting strengthening fuel margins, disciplined cost management, and continued momentum across its retail and consumer-facing businesses. The company reported EBITDA of …
Thailand’s OR posts strong Q3 results as fuel margins recover Read More »
Afripower, a key Malagasy power producer supplying the Antananarivo Interconnected Network, has announced the start of installation works for its 40 MWp solar plant in Moramanga. This new solar facility complements the existing 40 MW HFO power plant, which Afripower took over in 2022 under an Operations and Maintenance contract. Since then, the company has …
A new milestone in Madagascar’s energy transition Read More »
Kongsberg Maritime has secured a major contract with Sea1 Offshore to supply advanced Launch and Recovery Systems (LARS) for four new offshore construction vessels, enhancing operational efficiency and safety in offshore projects. Each vessel will be equipped with two advanced LARS units, supporting subsea construction and ROV operations. The scope of supply per vessel includes …
Kongsberg Maritime wins LARS package for offshore construction vessels Read More »
SEFE Securing Energy for Europe and Argentinian company Southern Energy have signed a Heads of Agreement for an eight-year supply deal. Under the agreement, SEFE will purchase up to two million tonnes per annum (mtpa) of LNG on a Free On Board (FOB) basis, with deliveries scheduled to begin in late 2027. The agreement is …
SEFE signs Agreement for a long-term LNG supply deal Read More »
Intermoor, Acteon’s Moorings and Anchors business line, has been awarded a three-year contract by Petrobras, following a Memorandum of Understanding (MoU) signed at the Offshore Technology Conference (OTC) in Houston in May 2025. With work due to commence in December 2025, Intermoor will deliver comprehensive quality assurance and traceability services across Petrobras’ extensive inventory of …
ScottishPower‘s plans to invest up to £12bn transforming Central and Southern Scotland’s electricity transmission network have been approved today by UK energy regulator, Ofgem, in its RIIO-T3 Final Determination, which runs from 2026 to 2031. This is a record level of investment by ScottishPower in a major rewiring programme, that will unlock capacity and economic …
ScottishPower to invest a record £12bn in Scotland’s electricity grid Read More »
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