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Offshore

RWE’s 1.1GW Five Estuaries wins UK consent

RWE’s 1.1GW Five Estuaries extension to the 353MW Galloper wind farm has secured UK planning consent, becoming the fifth offshore wind project approved this year and targeting grid connection in October 2030.

Brazil, Guyana, Argentina steer non-OPEC oil gains

The EIA’s December outlook projects global crude supply up about 800,000 bpd in 2026, with Brazil, Guyana and Argentina providing nearly half of the increase as non-OPEC production continues to expand.

bp appoints Meg O’Neill as next CEO

bp has named Meg O’Neill as its next CEO from 1 April 2026, with Carol Howle as interim CEO and Murray Auchincloss staying on as adviser while Woodside Energy appoints Liz Westcott acting CEO.

Star of the South lodges EIS for offshore wind farm

Star of the South has lodged its EIS after seven years of technical and environmental work, farmland purchase near Reeves Beach and renewed Major Project Status for the Gippsland offshore wind project.

Santos sells Mahalo stake; exits Petrel and Tern

Santos agreed to sell its Mahalo JV stake to Comet Ridge Limited and completed the sale of Petrel/Tern interests to Eni Australia, securing cash and contingent consideration and lowering decommissioning exposure.

ESVAGT buys two SOVs from Edda Wind

ESVAGT acquired SOVs Breeze Enabler and Brint Enabler from Edda Wind. Long-term contracts with Ocean Breeze and Vestas were novated to ESVAGT for continued operations.

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