Wednesday – November 26, 2025

Finance

Growing Risk of UK Offshore Energy Supply Chain Relocating Overseas Due to Project Delays

Frequent delays to offshore energy and infrastructure projects are threatening the viability of the UK supply chain, according to a new study from the leading ...

African Leaders Advance Energy, Gas and Financing Plans Ahead of Paris Summit

African policymakers, financiers, and energy executives issued a unified call at the G20 Africa Energy Investment Forum in Johannesburg, organized by the African Energy Chamber, ...

Aramco Announces 17 MoUs and Agreements with US Companies

Aramco, one of the world’s leading integrated energy and chemicals companies, has announced 17 Memoranda of Understanding (MoUs) and agreements with a potential total value ...

As EU Plans Russian Gas Exit, Ministers to Convene in Paris to Chart Africa’s Export Potential

In the wake of seismic shifts in the European energy landscape, the Invest in African Energy (IAE) 2026 Forum in Paris will host a Ministerial ...

New Research from Xodus Reveals Projected Australian Offshore Decommissioning Costs

New research from global energy consultancy Xodus has revealed that the estimated cost of fully removing Australia’s offshore oil and gas infrastructure is benefiting from ...

UK Expertise Could Unlock Africa’s Next Energy Boom and Low-Carbon Growth

The role of UK technical and service collaboration in Africa’s energy future was underscored at the Wider African Energy Summit (WAES) in Aberdeen on Tuesday, ...

Otto Candies LLC Receives $450,000,000 Loan from Beal Bank USA

Beal Bank USA is has arranged a term loan of $450,000,000 to Otto Candies, LLC.

...

Equinor Transfers Operatorship of the Peregrino Field to PRIO

Equinor has closed the sale of a 40% operated interest in the Peregrino field in Brazil to PRIO. Following this transaction, PRIO assumes full operatorship ...

S&P Global Ratings’ Samira Mensah Joins African Energy Chamber G20 Forum

With an energy finance gap estimated between $30 billion and $50 billion per year, Africa is pursuing diversified sources of financing to address this shortfall ...

African Mergers and Acquisitions Set to Surge in 2026

The African upstream sector is set for a dynamic year in 2026 as mergers and acquisitions (M&A) continue to reshape the continent’s energy landscape.

...

Ørsted to Divest 50% Stake in Hornsea 3 Offshore Wind Farm to Apollo

Ørsted has entered into an agreement with Apollo-managed funds (‘Apollo‘) for a 50 % equity ownership share in Ørsted’s 2.9 GW Hornsea 3 Offshore Wind ...

EnerMech Strengthens Americas Operations with Multi-Year Strategic Investment Program

EnerMech has embarked on a multi-year, high-value investment program across its Americas operations, reinforcing its long-term commitment to the region and its people.

...

Offshore Source keeps you updated with relevant information concerning the Offshore Energy Sector.

Subscribe to Offshore Source Newsletter today!