Europe
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.
News
July 17, 2025
Eni SpA’s deal to sell half of its carbon capture and storage unit to BlackRock Inc.’s Global Infrastructure Partners will likely value the business at around $1.2 billion (€1 billion), according to people familiar with the matter.
News
July 10, 2025
Horizon Petroleum Ltd. announced substantial progress has been made towards first production from its cornerstone Lachowice gas development in the Bielsko-Biala concession, southern Poland.
News
July 02, 2025
Germany has given the green light for drilling as much as 13 billion cubic meters (Bbcm) of natural gas at a protected marine site in the North Sea in a controversial step to bolster energy security following the Russia-Ukraine war and subsequent energy crisis.
News
July 02, 2025
HCLTech and Equinor have expanded their IT collaboration to support the next phase of Equinor’s digital transformation. This expanded relationship will cover Equinor’s IT landscape across several key strategic areas.
News
June 06, 2025
TotalEnergies SE is looking to sell a 50% interest in a large portfolio of renewable assets in the U.S. and is considering a similar stake sale for a smaller group of solar farms in Spain, according to people familiar with the matter.
News
May 27, 2025
Eni has signed an agreement with Global Infrastructure Partners (GIP), a global infrastructure investor and a part of BlackRock, for exclusive talks to potentially sell 49.99% in its carbon capture, utilization and storage (CCUS) business.
Article
April 2025
Time is money—in the case of oil production, even a lot of money. Therefore, the migration of automation systems takes place within a narrow time window. When updating the safety systems at Germany's largest oil producer, Harbour Energy, meticulous preparation paid off.
News
May 01, 2025
The dedicated CO₂ carrier currently under construction at Royal Niestern Sander shipyard in the Netherlands is a cornerstone in Project Greensand’s mission to deliver EU’s first full-scale carbon capture and storage (CCS) value chain.
News
April 18, 2025
Block Energy plc, the production and development company focused on Georgia, has reached a significant milestone in Phase 2 of its CCS project, with the key process-specific subsurface uncertainties, ahead of the pilot test, having been resolved.
