A video was released last month showing The Elder Scrolls IV: Oblivion on the Unreal Engine 5 engine. New videos of this project developed by Greg Coulthard have been shared recently. The goal of Greg’s project is to bring the game to the latest version of the Unreal Engine.
As Greg pointed out, many improvements have been made since the last video. The project now has better lighting and NPCs can now look at the player. As far as is known, Greg does not plan to share this project publicly.
You can find the images of the UE5 engine below.