Westwood Global Energy Group News


Eco Wave Power Completes Los Angeles Wave Energy Pilot with Shell

Apr 02, 2026

Eco Wave Power has completed its wave energy pilot project at the Port of Los Angeles, submitting a final report to Shell International Exploration and Production and concluding a development program launched in 2024.The project, located at AltaSea in the Port of Los Angeles…

Subsea7 Awarded Contract Offshore Equatorial Guinea

Apr 01, 2026

Subsea7 has been awarded a contract by Noble Energy EG Ltd (a Chevron Company) for the subsea installation scope on the Aseng Gas Monetisation Project, offshore Equatorial Guinea.The project involves a single-well tieback connecting Aseng field to the existing Alen platform…

US Exempts Gulf of Mexico Drillers from Endangered Species Rules

Mar 31, 2026

A committee of senior officials in President Donald Trump's administration voted on Tuesday to exempt the Gulf of Mexico oil and gas industry from a federal law meant to protect endangered species including whales, birds and sea turtles.The decision…

Romania Refuses to Sell Offshore Blocks for Black Sea Exploration Project

Mar 31, 2026

Romania is hindering further offshore gas exploration in the Black Sea by not auctioning off new blocks, the chief executive of an offshore gas project said on Tuesday.The European Union and NATO member has an estimated 200 billion cubic metres…

Petrobras Taps Fugro for Brazil’s First Licensed Offshore Wind Survey

Mar 31, 2026

Petrobras has selected Fugro to carry out a geotechnical site investigation for its Rio de Janeiro Offshore Wind Pilot Project, the first offshore wind development in South America to advance under a formal environmental licensing process.The…

Golden Pass LNG Reaches First Production Milestone in US

Mar 31, 2026

Golden Pass LNG, a joint venture between QatarEnergy and ExxonMobil, has produced its first liquefied natural gas from the initial train of its export facility in Texas, marking a step toward full operations.The project, located in Sabine Pass…

Oil Sales from California’s Santa Ynez Pipeline Begin

Mar 30, 2026

Sable Offshore said on Monday it has begun selling oil from its Santa Ynez Pipeline System offshore California to Chevron, after resuming crude transportation earlier this month.Shares were up more than 3% in premarket trading.The pipeline system…

Libya’s NOC and Chevron Agree Study Offshore Libya

Mar 27, 2026

Libya’s National Oil Corporation (NOC) has signed a memorandum of understanding with Chevron to carry out a technical study of offshore Block NC146.NOC Chairman Masoud Suleman said the agreement covers a comprehensive assessment of the block…

Big Oil to Reap Billions from Energy Price Surge

Mar 27, 2026

As Big Oil executives gathered this week and discussed the biggest-ever disruption to global energy supplies due to the war in Iran, there was one impact they did not address publicly: the multibillion-dollar windfall they will make because of soaring prices for the energy they sell…

Russia’s Lavrov Says US Seeking Control of Nord Stream Gas Pipelines

Mar 27, 2026

Russian Foreign Minister Sergei Lavrov said the U.S. has been seeking control over the Nord Stream gas pipelines in the Baltic Sea, which were damaged by mysterious blast in September 2022.Explosions that destroyed the pipelines more than three…

TotalEnergies to Review 2050 Net-Zero Targets as Energy Transition Slows

Mar 26, 2026

The world will not be able to reach carbon neutrality by 2050 as outlined in the Paris Agreement, French oil major TotalEnergies said on Thursday, and the company will have to adapt its own climate ambitions as a result.Total had previously said it had an ambition to be carbon neutral by 2050…

Maraen Approves $40M Port of Nigg Upgrade After Rebrand

Mar 26, 2026

Maraen has approved plans for more than $40 million (£30 million) investment for the upgrades at the Port of Nigg, following the integration of three energy businesses under a new brand.Maraen combines the capabilities of Port of Nigg, Global Energy (Group) and Global Energy Services…

Enersea Finalizes Substation Jacket Design for Ørsted’s Hornsea 3 Project

Mar 26, 2026

Enersea has completed the detailed design of two offshore substation jackets for the Hornsea 3 offshore wind farm in the United Kingdom.The two jackets, Link 01 and Link 02, each weigh around 3,500 tonnes and will support offshore substations of about 9…

Iran War Energy Shock Pushes Europe to Rethink Climate Policies

Mar 26, 2026

The European Union may be forced to scale back its flagship climate policies and geopolitical aims as the Iran war drives up energy prices - with lasting consequences for the bloc's energy strategy.The energy crunch sparked by the conflict, now in its fourth week…

Current News

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OMV Petrom’s Black Sea Well Fails to Find Significant Gas Volumes

Eco Wave Power Completes Los Angeles Wave Energy Pilot with Shell

Borr Drilling Secures New Drilling Rig Contracts Across Four Regions

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