Westwood Global Energy Group News

 

Viaro Energy to Boost North Sea Portfolio with Deltic Acquisition

Jun 30, 2025

U.K.-based oil and gas company Viaro Energy has unveiled plans to acquire Deltic Energy in an effort to strengthen its North Sea portfolio, while setting Selene discovery as development priority.The acquisition has been structured as a recommended all-cash offer by way of a Court-sanctioned scheme of arrangement under Part 26 of the Companies Act 2006 .The acquisition values the entire issued and to be issued share capital of Deltic at approximately $9…

Industry Consortium to Asses Floating Nuclear Plants for Mediterranean Sea

Jul 03, 2025

American Bureau of Shipping (ABS), CORE POWER and Athlos Energy have formed a consortium to evaluate the potential of positioning the floating nuclear power (FNPP) platforms to meet the energy demands of islands, ports and coastal communities in the Mediterranean Sea…

RightBridge Ventures Agrees Reverse Takeover of Swemar

Jul 02, 2025

RightBridge Ventures Group has announced a proposed reverse acquisition of Swemar, which has entered into an agreement to acquire an offshore oil service company with operations across the Middle East, India, and South-East Asia.The company…

Norwegian Oil and Gas Firm Enlists AGR for Independent Reserves Assessment

Jul 02, 2025

AGR has been awarded a frame agreement to deliver annual independent reserves evaluation and competent person report to Oslo-listed OKEA, a mid- and late-life operator on the Norwegian continental shelf (NCS).Under the frame agreement, AGR will…

Canada Joins LNG Export Nations as First Cargo Sets Sail

Jul 01, 2025

LNG Canada has loaded the first cargo of liquefied natural gas that is now destined for global markets, marking the start of operations at Canada’s first large-scale LNG export facility.Located in Kitimat, British Columbia, the LNG Canada facility…

Guyana Searches For Company to Build NGL Facility

Jun 30, 2025

Guyana is looking for a company willing to build a natural gas liquids (NGL) facility as part of efforts to monetize its offshore gas reserves, according to a notice published by the South American government on Sunday.The storage and offloading facility would receive about 4…

Osbit Opens New Offshore Wind Facility in Port of Blyth

Jun 30, 2025

Osbit, an offshore wind engineering company operating as part of Venterra Group, has opened a new assembly and service facility at the Port of Blyth in the U.K, bolstering its offshore wind service offering. The development has created 33 skilled…

Centrica and Thailand’s PTT Ink Long-Term LNG Supply Deal

Jun 27, 2025

U.K. based energy firm Centrica and Thai state-owned oil and gas giant PTT Group have signed heads of agreement for a long-term liquefied natural gas (LNG) supply deal.Under the agreement, PTT will supply LNG to Centrica for a 10-year period across a range of destinations in Asia…

OSC, Ashtead Technology Bolster Joint Environmental Services Offer

Jun 26, 2025

Subsea technology and services provider Ashtead Technology has entered into a strategic collaboration with Ocean Science Consulting (OSC) to streamline the delivery of environmental monitoring, mitigation solutions and compliance services across the global offshore energy sector…

Petrovietnam, Partners Sign PSC for Block Off Vietnam

Jun 25, 2025

Vietnam National Industry - Energy Group (Petrovietnam) and its joint venture partners officially signed the Product Sharing Contract (PSC) for Block 15-1 in the southern continental shelf of Vietnam.Block 15-1 is one of the oil and gas blocks…

Woodside Wraps Up Louisiana LNG Stake Sale to Stonepeak

Jun 25, 2025

Woodside has completed the sell-down of a 40% interest in Louisiana LNG Infrastructure to Stonepeak, a global investment firm specializing in infrastructure and real assets.The completion follows Woodside’s announcement on 7 April 2025 that it had signed an agreement with Stonepeak…

Oil and Gas to Wind Cross-Skill Pilot Delivers First Batch of Qualified Technicians

Jun 24, 2025

Delivering an integrated technician workforce for a just energy transition between oil and gas to wind has moved a step closer as 15 technicians complete the pilot program developed by the Engineering Construction Industry Training Board (ECITB)…

Siemens Gamesa to Help Build Japan’s Offshore Wind Supply Chain

Jun 24, 2025

Japan's industry ministry will sign an agreement with Siemens Gamesa Renewable Energy on Tuesday to establish a framework for public-private cooperation aimed at building local supply chains for offshore wind power, a ministry official said…

Strategic Marine Delivers Fourth Fast Crew Boat to Thai Firm

Jun 23, 2025

Strategic Marine has delivered TMS Tah Muang fast crew boat to Truth Maritime Services (TMS), a subsidiary of the Prima Marine Group.The latest 42-metre Generation 4 Fast Crew Boat (FCB) marks the fourth high-performance vessel delivered by Strategic Marine to TMS since 2024…

Eni Sells Plenitude Share to Ares for $2.3B

Jun 23, 2025

Italian energy group Eni has sold a 20% stake in its retail and renewables business Plenitude to U.S. alternative investment manager Ares Management Corp for about 2 billion euros ($2.3 billion), it said on Monday.The transaction is part of…

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