General – Partnership
Switzerland-headquartered Holcim has taken a minority equity ownership in BW Ideol to scale up the construction of clean energy infrastructure.
[Read more…] about Swiss Holcim partners with BW IdeolAker Solutions cuts costs and adjusts workforce
General – Aker Solutions
Following several years of record-high workload, Aker Solutions expects activity levels to decrease in 2026 compared to 2025.
[Read more…] about Aker Solutions cuts costs and adjusts workforceV.Group acquires Njord to accelerate shipping’s decarbonisation transition
General – Acquisition
V.Group announces the acquisition of Njord, the maritime fuel efficiency and decarbonisation partner, founded by Maersk Tankers.
[Read more…] about V.Group acquires Njord to accelerate shipping’s decarbonisation transitionPlans withdrawn for €1.4 billion Irish wind farm
Wind Energy – Withdrawal
Fuinneamh Sceirde Teoranta (FST), a company owned by Corio Generation that was developing the 450 MW Sceirde Rocks offshore wind project in Ireland, withdrew the consent application for the wind farm on 17 December 2025, according to a notice issued by Ireland’s national planning body, An Coimiúsin Pleanála (ACP), on 22 December.
[Read more…] about Plans withdrawn for €1.4 billion Irish wind farmChevron brings on stream 20,000 bpd Angola project
Fossil Energy – On Stream
Chevron has brought on stream its N’dola Sul project offshore Angola.
[Read more…] about Chevron brings on stream 20,000 bpd Angola projectVenezuela moves to cut oil output due to US export embargo
General – Venezuela
Reuters reports that Venezuela’s state-run oil company PDVSA has begun cutting crude production because it is running out of storage capacity.
[Read more…] about Venezuela moves to cut oil output due to US export embargoTransocean nets $168M in two rig contracts
Fossil Energy – Drilling Contracts
Transocean has secured a new contract and an extension for two of its rigs, adding approximately $168 million to its firm backlog.
[Read more…] about Transocean nets $168M in two rig contractsExxonMobil pushes ahead with further testing at Barreleye discovery
Fossil Energy – Exploration Drilling
ExxonMobil Guyana is continuing exploration drilling at the Barreleye-3 well in the Stabroek Block, according to a notice issued by Guyana’s Maritime Administration Department.
[Read more…] about ExxonMobil pushes ahead with further testing at Barreleye discoveryJERA Nex bp announces withdrawal from New Zealand wind scene
General – New Zealand
JERA Nex bp, a collaboration between the Japanese energy developer JERA and bp, has announced that it will focus on other markets and shut down its New Zealand-based renewables division.
[Read more…] about JERA Nex bp announces withdrawal from New Zealand wind sceneChinese investor backs West African gas prospect
Fossil Energy – Partnership
UK-listed Europa Oil & Gas has secured a Chinese partner for its high-impact EG-08 gas block offshore Equatorial Guinea.
[Read more…] about Chinese investor backs West African gas prospect