Bid Round News


Panoro to Bid in Equatorial Guinea Oil and Gas Auction after Block G Boost

Feb 27, 2026

Africa-focused Panoro Energy will take part in Equatorial Guinea's oil and gas auction in April as it hunts for new assets after increasing its stake in the country's offshore Block G, its executive chairman said on Friday.Panoro this week acquired an additional 40…

Inpex Eyes Mid-Year Bids for $21B Indonesia LNG Project

Feb 25, 2026

Japanese oil and gas explorer Inpex said it aims to start the tender process for engineering for its Abadi gas project in Indonesia in the middle of this year, as Jakarta pledged to remove bureaucratic snags to help expedite the $21 billion development…

BOEM Proposes Regulation Revision to Support Mineral Exploration

Feb 23, 2026

The Bureau of Ocean Energy Management announced proposed revisions to its regulations governing hard mineral resources on the U.S. Outer Continental Shelf aiming to advance exploration and development of critical minerals essential to national security…

Vestas Books 1.38GW Offshore Wind Turbine Order from RWE in UK

Feb 23, 2026

Danish wind turbine maker Vestas has received a firm 92-turbine order for RWE’s 1.38 GW Vanguard West offshore wind project in the United Kingdom.Vestas will be responsible for the supply, delivery and commissioning of the V236-15.0 MW turbines for the project…

Santos Prevails in Legal Challenge Over Climate Claims

Feb 17, 2026

An Australian court on Tuesday threw out a lawsuit against gas producer Santos that alleged the company misled the public on its plans to achieve net zero carbon emissions.The lawsuit was launched in 2021 by the Australasian Centre for Corporate Responsibility…

Equinor Finds Oil and Gas in North Sea off Norway

Feb 16, 2026

Equinor and its partners have discovered oil and gas in the exploration well drilled in the North Sea in the Granat prospect near Gullfaks, offshore Norway.Wildcat wells 33/12-N-3 HH and 33/12-N-3 GH were drilled in connection with drilling…

North Sea Wildcat Well Fails to Deliver for Vår Energi

Feb 12, 2026

Norwegian oil and gas firm Vår Energi and its partner Kistos Energy have drilled a dry well in the Balder area in the North Sea.The well 25/8-C-23 D, dubbed Prince Updip, was drilled in production license 027, from the Ringhorne platform, just over 200 kilometers west of Stavanger…

Libya Awards First Oil Blocks Since 2007 to Chevron, Eni, QatarEnergy and Repsol

Feb 11, 2026

Libya on Wednesday awarded oil and gas exploration blocks to foreign oil companies, including Chevron, Eni, QatarEnergy and Repsol, in its first licensing round in nearly two decades as it seeks to revitalise the sector despite ongoing political division…

Orbital Marine Grows UK and Canada Tidal Energy Orderbook to 32MW

Feb 11, 2026

Scottish firm Orbital Marine Power has secured an additional Contract for Difference (CfD) in the U.K.’s Allocation Round 7 (AR7), increasing its CfD-backed tidal energy project portfolio to 17 MW.The award adds to Orbital’s existing 2 MW O2 turbine…

HydroWing Wins 10MW CfD Boost for Morlais Tidal Energy Project

Feb 11, 2026

HydroWing Tidal Energy Projects, part of Inyanga Marine Energy Group, has secured an additional 10 MW of capacity for its Ynni’r Lleuad Project at Morlais in Wales.The additional 10 MW have been awarded as part of the U.K. government’s Allocation…

Malaysia Offers Nine Exploration Blocks in 2026 Bid Round

Feb 11, 2026

Malaysia’s Petronas, through Malaysia Petroleum Management, has launched the Malaysia Bid Round 2026, offering nine exploration blocks and six discovered resource opportunities in a move aimed at strengthening Malaysia’s position as an upstream investment hub…

Malaysia Oil and Gas Projects Advance with Petronas' PSC and Farm-Out Deals

Feb 10, 2026

Malaysia’s Petronas has strengthened upstream collaboration in Sabah through a new oil and gas production sharing contract (PSC) award and an equity transfer agreement involving state-linked partners.Petronas Carigali, a wholly owned subsidiary of Petronas…

New Zealand Moves Ahead with LNG Import Facility Plan

Feb 09, 2026

New Zealand has shortlisted contractors to build a liquefied natural gas (LNG) import facility to boost energy security, provide a reliable backup power source and support economic growth, Energy Minister Simon Watts said on Monday.The government…

Bae Systems Launches Incubator Program to Propel Technologies Beyond Defense

Feb 06, 2026

BAE Systems Launchpad is a new incubator program designed to take dual-use technologies beyond the defense sector and help innovations reach their full commercial potential.Launchpad directly addresses the challenge of moving defense technologies…

Germany’s PNE Loses Bid for Vietnam’s Offshore Wind Project

Feb 06, 2026

Vietnam's authorities selected a newly created subsidiary of real estate conglomerate Vingroup to develop the first phase of one of the country's largest wind power projects, excluding Morgan Stanley-backed German renewable firm PNE which said the decision came as a surprise…

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