Burkina Faso

The Northern Lights project has injected its first volume of CO2 under the North Sea, marking an industrial milestone for carbon transport and storage in Europe.
The European Union’s regulatory framework mandates green hydrogen integration in refineries, generating projected demand of 0.5 million tonnes by 2030.

GIP Acquires 49.99% Stake in Eni CCUS Holding in Strategic Carbon Deal

Eni sells nearly half of Eni CCUS Holding to GIP, consolidating a structure dedicated to carbon capture and storage projects across Europe.
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Petrobras is holding talks with SBM Offshore and Modec to raise output from three strategic FPSOs, two already at full capacity, to capture more value from the high-potential pre-salt fields.
Equinix signed a preorder for 20 Kaleidos nuclear microreactors and a letter of intent for a power purchase agreement with ULC-Energy, reinforcing its energy supply strategy for its data centers.

Karpowership and Seatrium Partner to Deploy Floating LNG Power Plants

Karpowership and Seatrium formalize a strategic partnership to convert floating LNG units, strengthening their joint offering in emerging mobile electricity markets.
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FPSO One Guyana begins production as part of the Yellowtail development, with enhanced technical capabilities to optimise reliability and maintenance in deep waters.
Infinity Power and the Ivorian government have signed two concession agreements for photovoltaic plants totalling 80 MW, under the World Bank’s Scaling Solar programme.

Vaalco Energy posts net income of $8.4 mn in second quarter 2025

The US oil company recorded sales and production above its forecasts, despite lower crude prices and reduced profit compared to 2024.
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Higher oil and gas production allowed Petrobras to offset the drop in Brent prices and maintain solid financial results in the second quarter of 2025.
RWE signs long-term agreements with North Star for four new service vessels, strengthening maintenance of its offshore wind farms in the United Kingdom and Germany amid a tight market for specialised maritime capacities.

Yanara gains independence to accelerate renewable project expansion in Asia-Pacific

BrightNight’s Asian subsidiary becomes Yanara and positions itself as an independent player to strengthen the development of large-scale renewable energy solutions in the Asia-Pacific region.
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BP posts a net profit of $1.63 bn in the second quarter 2025, driven by operational performance, an operating cash flow of $6.3 bn and a new $750 mn share buyback programme.
Tractebel and NRG-Pallas have formalised the continuation of their technical cooperation at the Pallas research reactor site in Petten, the Netherlands, reinforcing their commitment to a key project in the European nuclear sector.

Elogen delivers 2.5 MW electrolyser for CrossWind energy hub

Elogen completes delivery of a 2.5 MW proton exchange membrane electrolyser for the Baseload Power Hub, linked to the Hollandse Kust Noord offshore wind farm and operated by CrossWind joint venture.
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Slovenské elektrárne has signed an agreement with Urenco for the purchase of enriched uranium for the Bohunice and Mochovce nuclear power plants, strengthening the diversification of its supply sources until the mid-2030s.
The French group posted higher sales and profitability while setting a new record for its investment backlog, driven by the electronics and energy transition sectors.

Air Liquide invests over €500 mn in giant electrolyser in the Netherlands

Air Liquide begins construction of the ELYgator electrolyser in Rotterdam, a 200 MW project, supported by the Dutch government and an investment exceeding €500 mn.
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TenneT strengthened its investments in electricity infrastructure in the Netherlands and Germany, reaching EUR 5.5 bn over six months, while a decision on the financing structure of its German subsidiary is expected in September 2025.
The advisory opinion issued by the International Court of Justice increases legal exposure for states and companies involved in the licensing or expansion of oil and gas projects, according to several international law experts.
SBM Offshore has signed a divestment agreement with GEPetrol to fully withdraw from the FPSO Aseng project in Equatorial Guinea, with an operational transition phase of up to one year.
The Ivorian government has opened two tenders for 100 MWc photovoltaic plants in Dabakala and Niakaramandougou, each with 33 MWh of storage and 25-year IPP concessions.

Woodside initiates 65 millions USD arbitration procedure against Senegal

Australian company Woodside Energy has filed a complaint with ICSID against Senegal, challenging a CFA40bn tax reassessment related to the offshore Sangomar oil project.
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Royal Vopak’s Indian joint venture rose nearly 3% on its first trading day in Mumbai, reaching an implied valuation of €2.7bn ($2.93bn).
Axian Energy has launched work on the NEA Kolda solar plant, equipped with a 72 MWh storage system, for a total investment of €105mn ($113.6mn).

Gas stocks in Europe surpass 50 bcm but remain below required levels

European gas reserves reach 50.3 bcm, but current injection rates may prevent meeting the 90% regulatory target before November.
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A strategic partnership between AM Green and the Port of Rotterdam could generate up to USD1bn in annual green fuel trade between India and Europe.
EDF will strengthen its off-grid platform in Africa with a $10mn loan from Mirova to expand electricity access to 5 million people by 2030.

Ivory Coast approves $60mn solar power plant in Katiola

The Ivorian government has approved a 25-year concession for an 85,934 MWh solar power plant in Katiola under a public-private partnership with Swiss energy firm JC Mont-Fort.
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HyCC signed an agreement with the Port of Rotterdam Authority to build a large-scale electrolysis plant on the Maasvlakte, with an expected annual output of 25,000 tonnes of green hydrogen.
The European hydrogen industry regains momentum after a challenging period, backed by significant funding and strategic consolidation among leading industrial players on the continent.

American firm Yaatra invests $5.1 billion in Côte d’Ivoire oil refinery

Côte d'Ivoire signed an agreement with Yaatra Ventures to build a 170,000 barrels/day oil refinery, a $5.1 billion investment aimed at boosting national refining capacity.
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The International Court of Justice ruled on the validity of treaties between Gabon and Equatorial Guinea over three strategic offshore islets potentially rich in oil.
SBM Offshore posted quarterly revenue of $1,103mn, driven by the Turnkey segment, while maintaining full-year targets and advancing the deployment of its floating units scheduled for 2025.

AIKO surpasses 1 GW in orders for its INFINITE solar modules in Europe

Chinese manufacturer AIKO recorded over 1 GW in orders for its INFINITE solar module range during Intersolar Europe 2025, strengthening its commercial foothold in the European market.
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Statkraft halts the development of new green hydrogen projects due to increased market uncertainty, while continuing to structure certain existing assets to attract investors.
Platts has released its first low-carbon marine methanol price assessments in Shanghai and Rotterdam, enhancing price visibility for maritime transport and the alternative methanol value chain.

The first caissons of Belgium’s energy island successfully installed in the North Sea

The Princess Elisabeth energy island project advances with the placement of two caissons, launching a key phase of marine civil engineering off the Belgian coast.
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Vattenfall has signed an agreement with Return to operate and optimise a 50-megawatt battery park in Waddinxveen, aiming to strengthen its energy storage portfolio in Northern Europe.
Guinea-Bissau has completed its connection to the sub-regional power grid linking Senegal, The Gambia and Guinea, thereby improving the stability of its capital's electricity supply.