Latest News
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08 May 26
Peru: PetroTal, a publicly-traded oil and gas development and production company focused on the development of oil assets in Peru
PetroTal, a publicly-traded oil and gas development and production company focused on the development of oil assets in Peru, has reported its operating and financial results for the three months ended March 31, 2026. -
07 May 26
US: Devon Energy and Coterra Energy complete merger
Devon Energy and Coterra Energy have announced the successful completion of their previously announced all-stock merge, creating a premier large-cap shale operator with a high-quality asset base anchored by a leading position in the economic core of the Delaware Basin. -
07 May 26
UK: BW Offshore enters into an agreement with the Catcher field partners to amend the contract period for the FPSO BW Catcher
BW Offshore has entered into an agreement with the Catcher field partners to amend the contract period for the FPSO BW Catcher. The amendments convert the current contract into an agreement with a defined end of term framework to 31 December 2030 (± 6 months) and remove the previous unilateral options for one-year extensions. -
07 May 26
UK: NSTA heavyweights join impressive line-up of speakers at 25th All-Energy Conference
Big hitters from the North Sea Transition Authority (NSTA) will lend their weight to thought-provoking conversations about the UK’s energy security at a flagship event in Scotland next week. The All-Energy Exhibition and Conference – which brings together leading voices from across the low-carbon sectors, and is celebrating its 25th anniversary – takes place in Glasgow on 13-14 May. -
07 May 26
UK-wide collaboration in focus at OEUK’s first CCS & Hydrogen summit
As Carbon Capture and Storage (CCS) and Hydrogen sectors gather momentum, Offshore Energies UK (OEUK) will host its first ever North Sea CCS & Hydrogen Summit at the Sheraton Grand Hotel in Edinburgh on 1–2 June. -
07 May 26
India: Sercel has delivered a contract to Khushi Oilfield Services to supply 3,000 WiNG 3C nodes for a 4D monitor seismic survey in India
Sercel has delivered a contract to Khushi Oilfield Services, an Indian service company affiliated to Asian Energy Services, to supply 3,000 WiNG 3C nodes for a 4D monitor seismic survey to be acquired in Gujarat, western India, on behalf of Sun Petrochemicals, a leading Indian oil and gas company. -
07 May 26
Shell announces first quarter 2026 results
Shell has released its first quarter results and first quarter interim dividend announcement for 2026. Q1 2026 Adjusted Earnings of $6.9 billion reflect strong performance across the business. CFFO excluding working capital was $17.2 billion for the quarter. Working capital outflow of $11.2 billion in Q1 2026 reflects impact of unprecedented volatility in commodity prices. -
07 May 26
Indonesia: Eni’s Geliga 1 giant gas discovery delivers exceptional test results offshore Indonesia
Eni announces that the Geliga-1 discovery has been successfully tested. A Drill Stem Test (DST) was carried out, confirming outstanding reservoir productivity. Test results demonstrate high deliverability, further strengthening the strategic potential of Indonesia’s Kutei Basin and supporting accelerated development options leveraging existing and planned infrastructure. -
07 May 26
UK needs 5GW of offshore wind every year to stay on track for government goals
The UK needs to deliver at least 5 gigawatts (GW) of new offshore wind every year if it is to meet the government’s clean power goals, according to a new report published today by Offshore Energies UK (OEUK). -
07 May 26
Genel Energy announces trading and operations update Q1 2026
Genel Energy has issued a trading and operations update relating to Q1 2026, ahead of the Company's Annual General Meeting, which is being held today. -
07 May 26
Harbour Energy announces Trading and Operations Update ahead of AGM
Harbour Energy has provided an unaudited Trading and Operations Update for Q1 2026. This is issued ahead of the Company’s Annual General Meeting (AGM), to be held today at 10.00 BST. -
07 May 26
US: 88 Energy secures rig for Augusta-1 exploration well, South Prudhoe, North Slope Alaska
88 Energy has secured Nordic-Calista Services Rig-3 to drill the Augusta-1 exploration well, located within the Company's South Prudhoe acreage on Alaska's North Slope (100% working interest, 16.7% royalty). The Company is progressing a farmout-led funding strategy, supported by its existing cash position, to enable the drilling of the Augusta-1 well in Q1 CY2027 while retaining material exposure to exploration upside. -
07 May 26
UK: Centrica completes acquisition of 850MW Severn power station
Centrica has announced the acquisition of the Severn Combined-Cycle Gas Turbine (CCGT) power station in South Wales from Calon Energy Group for approximately £370 million. -
07 May 26
Panoro Energy provides an operational and financial update in advance of its Q1 2026 results
Panoro Energy, a Norwegian-listed independent E&P Company, with production, development and exploration assets in West and North Africa and exploration assets in South Africa, has provided an operational and financial update in advance of its Q1 2026 results which are scheduled for release on 21 May 2026 -
07 May 26
North Sea performance lifts DNO profits
DNO, the Norwegian oil and gas operator, today reported strong first-quarter results driven by record North Sea production and sharply higher March oil and gas prices. Operating profit surged 60 percent quarter-on-quarter to USD 284 million on revenues of USD 627 million, up 30 percent. Net profit for the period totaled USD 51 million. -
07 May 26
Solstad Maritime announces Letter of Intent for CSV Normand Jarstein
Solstad Maritime has announced a Letter of Intent (LOI) with Reach Subsea for the charter of the CSV Normand Jarstein for operation in the Mediterranean and Black Sea.
