Latest News
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19 Aug 26
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19 Aug 26
Norway: Aker BP acquires interests in the Losgann/Froskelår and Slagugle discoveries
Aker BP has entered into two separate transactions that strengthen its positions close to existing infrastructure on the Norwegian Continental Shelf. In the North Sea, the company has agreed to acquire Apache’s interest in the Losgann/Froskelår discovery near the Alvheim area. In the Norwegian Sea, it has agreed to acquire operatorship and a majority interest in the Slagugle area, close to the Skarv field. -
19 Aug 26
US: MEAG Investor sells stake in U.S. Wind Farms to Ardian
MEAG, on behalf of Munich Re, has completed the sale of its minority interest in the Horse Creek and Electra wind farms in Texas to Ardian, a global private investment firm and the existing long-term partner in the assets. The transaction marks the successful conclusion of an investment that MEAG has managed since 2017. -
19 Aug 26
Germany's Bundesnetzagentur reports oversubscription in the July auction for solar installations
Germany's Bundesnetzagentur has announced the results of the auction that closed for bids on 1 July 2026 for ground-mounted solar photovoltaic (PV) installations and solar installations on a structure that is neither a building nor a noise barrier. The auction was again oversubscribed. -
19 Aug 26
UK: Top Labour donor Dale Vince backs new North Sea drilling
Green energy entrepreneur Dale Vince has urged Prime Minister Andy Burnham to approve the Jackdaw and Rosebank developments, arguing Britain should take a more pragmatic approach to North Sea oil and gas. -
19 Aug 26
UK: Pathfinder Clean Energy secures planning approval for Lassington Solar and BESS in Gloucestershire, UK
Pathfinder Clean Energy (PACE), a leading UK-based developer of utility-scale renewable energy projects, has been granted planning permission for Lassington Solar and Battery Energy Storage System (BESS), a 40MW solar and storage development located near Gloucester, Gloucestershire. -
19 Aug 26
UK: Ithaca Energy announces first half results for the six months to 30 June 2026
Ithaca Energy has announced its unaudited financial results for the six months ended 30 June 2026. Record quarterly production underpins reaffirmed management guidance and upgraded 2026 dividend. Strong strategic execution focused on maximising long-term value of resource base. -
19 Aug 26
Dolphin Drilling announces financial results for the second quarter and first half of 2026
Dolphin Drilling has announced its financial results for the second quarter and first half of 2026. The second quarter represented a significant step forward in Dolphin Drilling’s repositioning, with increased long-term contract coverage, continued strong safety and operational performance and a completed refinancing materially strengthening earnings visibility, liquidity and financial flexibility. -
19 Aug 26
Santos announces half-year results for 2026
Santos has announced its half-year results for 2026, reflecting a period of transition for the company as the Pikka project commenced production, Barossa continued to progress through commissioning and ramp-up, underpinned by the base business which performed strongly. First-half production was 45.6 mmboe, up 3 per cent on the prior corresponding period. Sales revenue was $2.6 billion, EBITDAX was $1.6 billion and free cash flow from operations was $378 million. -
19 Aug 26
TGS awarded streamer contract
TGS, a leading provider of energy data and intelligence, has announced the award of a streamer acquisition contract in the Mediterranean. A Ramform Titan-class vessel is scheduled to mobilize in the fourth quarter of 2026, with the survey expected to have a duration of approximately 110 days. -
19 Aug 26
Brazil: Ecopetrol completes acquisition of a controlling 51% stake in Brava Energia and strengthens Its growth platform in Brazil
Ecopetrol announces that, through its wholly owned subsidiary Ecopetrol Investimentos do Brasil Ltda. ('Ecopetrol Investimentos'), it has completed the acquisition of a controlling interest equivalent to approximately 51% of the outstanding voting share capital of Brava Energia. -
18 Aug 26
Poland: Horizon Petroleum provides an operations update for its Poland operations and confirms wellbore integrity at the Lachowice 7 well
Horizon Petroleum has announced that, further to its press release dated July 23, 2026, its wholly owned Polish subsidiary, Energia Karpaty Zachodnie sp. z o.o. ('EKZ'), confirms that the rig mobilization and installation is complete and the re-entry operations have commenced at the Lachowice 7 (L7) wellsite. -
18 Aug 26
Namibia: Equinor joins Chevron in Namibia exploration licence
Equinor has signed an agreement with Harmattan Energy, a Chevron subsidiary in Namibia, to acquire a 17.4% participating interest in Petroleum Exploration Licence 90 (PEL 90) in the Orange Basin offshore Namibia. The transaction marks Equinor’s entry into Namibia and the licence provides access to a drill-ready prospect scheduled for testing in 2026. -
18 Aug 26
UK: Government must be honest about UK energy demand in its response to Rosebank consultation
The government must be honest about the UK’s energy demand in its response to the public consultation on the Rosebank oilfield, says David Whitehouse chief executive of Offshore Energies UK. The government response to the public consultation which closed Monday August 17th will set the direction of the UK’s future energy policy, industrial resilience and its route to net zero. -
18 Aug 26
Australian Government awards Zenith Energy Australia contract to lead phase 2 of the Northern Endeavour decommissioning program
Zenith Energy Australia, part of the Zenith Energy Group with headquarters in Aberdeen, Scotland, has been awarded a contract by the Australian Government to act as lead contractor for phase 2 of the Northern Endeavour decommissioning program, one of the most significant offshore decommissioning programmes currently underway in the Asia-Pacific region.
