Europe
News
November 17, 2025
TotalEnergies has signed a €5.1 billion all-stock agreement to acquire a 50% stake in EPH’s flexible power generation platform, marking one of the company’s most significant moves yet to scale its gas-to-power integration strategy across Europe.
News
November 14, 2025
ADNOC has secured conditional EU approval for its $13.9 billion acquisition of Covestro after offering commitments to address subsidy and competition concerns. The deal advances ADNOC's global chemicals and materials strategy while opening Covestro patents to European market participants for the next decade.
News
November 13, 2025
Repsol is evaluating a reverse merger between its $19 billion upstream division and APA to speed a New York listing, as the company weighs options ranging from an IPO to a stake sale.
News
November 07, 2025
INEOS Energy has signed a long-term U.S. natural gas supply deal with Kinetik Holdings, securing up to 0.5 MMtpa from 2027 to strengthen Europe’s energy security and stabilize prices amid tightening global supply.
News
October 15, 2025
DeepOcean has entered a time charter agreement for the multipurpose vessel Glomar Supporter to strengthen its survey, inspection, and light IMR service offering across offshore wind and oil and gas markets.
News
October 13, 2025
ExxonMobil CEO Darren Woods said the company is cutting back European investments due to restrictive climate regulations, while praising President Donald Trump’s energy policies for supporting oil and gas growth.
News
October 10, 2025
Score has secured significant new contracts from INEOS Energy for the Greensand carbon storage project and additional LDAR framework agreements across Denmark, reinforcing its leadership in carbon capture and emissions reduction.
News
October 08, 2025
ABB will deliver automation and electrification systems for SwitcH2’s floating green ammonia FPSO off Portugal, designed to produce 243,000 tons annually from renewable power.
News
September 24, 2025
Weatherford has secured an eight-year contract with Romgaz, Romania’s largest natural gas producer, to deploy real-time digital wellsite monitoring and AI-enabled production optimization. The deal marks Romgaz’s first use of such technology, enhancing efficiency across thousands of wells.
News
September 18, 2025
ExxonMobil CEO Darren Woods blasted the EU’s new Corporate Sustainability Due Diligence Directive, calling it “bone-crushing” for upstream operators. The law, set for full rollout by 2029, would mandate binding net-zero plans across global supply chains and fine violators up to 5% of global revenue.
News
September 10, 2025
MOL and O&GD have discovered a new oil field at a depth of approximately 2,400 m near Galgahévíz, Hungary. The well, named Galgahévíz-4, is capable of producing approximately 1,000 bopd, which is processed at the Danube Refinery in Százhalombatta.
News
September 03, 2025
Subsea Technology & Rentals (STR) has appointed experienced sector leader James Christie to head up activities across Europe and Africa following significant growth and plans for further global expansion.
News
August 28, 2025
Borr Drilling has announced contract awards for two of its premium jack-up rigs to operate in the North Sea as well as offshore Congo, West Africa. The contracted work will span over 300 days and represent more than $43 million in contract revenue backlog, Borr Drilling said.
News
August 28, 2025
Odfjell Technology has signed a two-year contract with Vercana GmbH, Vulcan Group’s drilling subsidiary, to provide tubular running services (TRS) to Vulcan Group’s Phase One Lionheart Project in Germany.
News
August 26, 2025
“This represents an important milestone for Block, Georgia and our partner on the pilot project, Indorama, as we seek to demonstrate the viability of large-scale, low-cost CCS," said Block Energy's CEO Paul Haywood.
News
July 31, 2025
German energy company Uniper and Tourmaline Oil Corp., Canada’s largest producer of natural gas, have finalized an eight-year physical gas agreement for 80,000 MMBtu per day beginning in November 2028.
News
July 28, 2025
The European Union’s promise to buy $750 billion of American energy imports over three years was pivotal to securing a trade deal with President Donald Trump, but it’s a pledge it will struggle to keep.
News
July 25, 2025
West Texas Intermediate crude slid to settle near $65 a barrel after President Donald Trump said the U.S. has a 50-50 chance of striking a trade deal with Europe, a contrast to the optimism expressed by diplomats last week.
News
July 25, 2025
Eni SpA reported profit that beat analyst estimates as proceeds from asset sales and sweeping cost cuts helped counter a weak oil market.
News
July 22, 2025
OMV Petrom and NewMed Energy have awarded a drilling rig contract to Noble Corporation for the drilling of two offshore exploration wells in the Black Sea, offshore Bulgaria. Two exploration wells will be drilled on the Han-Asparuh Block with the selected ultra-deepwater drillship, Globetrotter I.
News
July 21, 2025
CEPetroleum (CEP) has made a significant oil discovery in its Wolin East 1 well, offshore Poland. CEP estimates the discovery as the largest conventional hydrocarbon field yet found in Poland, and one of the largest conventional oil discoveries in Europe in the past decade.
