Fossil Energy – Namibia
Portuegese Galp’s efforts to offload part of its stake in Namibia’s Mopane oil project have finally attracted heavyweight interest.
[Read more…] about Chevron, TotalEnergies join bid for Galp’s stakes in Namibian findCompletion of acquisition of additional interest in Cygnus Field
Fossil Energy – Acquisition
Ithaca Energy announced that, following its announcement on 20th May 2025 regarding the acquisition of an additional 46.25% interest in the Cygnus gas field from Spirit Energy, it has now completed the Transaction with all conditions precedent having been satisfied.
[Read more…] about Completion of acquisition of additional interest in Cygnus FieldØrsted sets 67% discount for $9.4 bln rights issue
General – Shares
Ørsted has priced its $9.42 billion rights issue at 66.6 crowns ($10.46) per share, a 66.7% discount to the stock’s closing price on Friday, as it shores up its finances in the face of mounting challenges.
[Read more…] about Ørsted sets 67% discount for $9.4 bln rights issueBASF sells share in Nordlicht wind farms back to Vattenfall
Wind Energy – Shares Nordlicht
To align the company’s green power supply and demand, BASF is streamlining its current portfolio of renewable power projects.
[Read more…] about BASF sells share in Nordlicht wind farms back to VattenfallBringing offshore wind energy to citizens
Wind Energy – Acquisition
Seacoop acquired 10% of the shares in Aspiravi Offshore, strengthening its commitment to sustainable energy projects via Aspiravi Offshore’s stake in the Northwind offshore wind farm.
[Read more…] about Bringing offshore wind energy to citizensYinson Production completes acquisition of Stella Maris CCS
General – Acquisition
Singapore-headquartered FPSO specialist Yinson Production has completed the acquisition of 100% shares in Norway-based Stella Maris CCS AS from Altera Infrastructure.
[Read more…] about Yinson Production completes acquisition of Stella Maris CCSSBM Offshore to sell shares in Floventis
General – Sale of Shares
SBM Offshore has agreed with Cierco Energy to sell all of its shares in Floventis Energy.
[Read more…] about SBM Offshore to sell shares in FloventisAstro Offshore sells 80% of shares to Adani
General – Partnership
Astro Offshore has successfully sold 80% of its shares to Adani Ports and Special Economic Zone, marking a transformative chapter in our company’s journey.
[Read more…] about Astro Offshore sells 80% of shares to AdaniQatarEnergy takes share of Chevron-operated block offshore Suriname
Fossil Energy – Suriname
QatarEnergy has signed an agreement with Chevron to acquire a 20% working interest in a production sharing contract for block 5 offshore Suriname.
[Read more…] about QatarEnergy takes share of Chevron-operated block offshore SurinameVår Energi sells Bøyla asset as part of portfolio optimisation
Fossil Energy – Interest Disposal
Vår Energi has signed an agreement with Concedo for the disposal of a 20% interest in the Bøyla field for a consideration of USD 24 million.
[Read more…] about Vår Energi sells Bøyla asset as part of portfolio optimisation