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20 May 26	Indonesia: bp signs three production sharing contracts in Indonesia bp and its partners signed three Production Sharing Contracts (PSC) in Indonesia, bringing bp’s total participation in oil and gas blocks in the country to 11. Two of the PSCs are for the Bintuni and Drawa exploration blocks, which are located near existing bp-operated Tangguh LNG in Papua Barat, creating potential for short-cycle development. bp also confirmed its participation in the INPEX-operated Barong block in East Java.
20 May 26	UK energy industry leaders respond to worsening energy crisis Offshore Energies UK (OEUK) the North Sea energy trade body, held emergency talks with industry leaders to call for a new co-ordinated response to the escalating global energy crisis caused by the war in Iran. The meeting comes as the UK government moves to relax sanctions on Russia imposed since the invasion of Ukraine, allowing the import of jet fuel and diesel from third countries.
20 May 26	US: Vestas adds 673 MW to Q2 order intake Vestas has received orders for 673 MW in the USA for undisclosed projects.
20 May 26	UK: Carlton Power and Schroders Greencoat reach Final Investment Decision on Barrow Green Hydrogen Project The Barrow Green Hydrogen Project marks one of the first renewable hydrogen production facilities to reach FID in the UK, and the first Schroders Greencoat and Carlton Power’s joint venture platform – GHECO - has brought into construction. This development, set to enter commercial operation in 2028, aims to support the Government’s low-carbon hydrogen production programme.
20 May 26	Namibia: Nabrawind has successfully tested its 'crane-less' system for installing wind turbines in extreme wind conditions in Namibia Nabrawind has successfully tested its 'crane-less' system for installing wind turbines in extreme wind conditions in Namibia. Skylift technology has overcome its greatest technical challenge by completing the installation of the first Goldwind GW165/6000 wind turbine at the InnoVent Diaz wind farm.
20 May 26	Falklands: Rockhopper comments on Navitas Petroleum's update on Sea Lion development progress AIM-listed Rockhopper Exploration, the oil and gas company with key interests in the North Falkland Basin ('NFB'), notes the recent update published by Navitas Petroleum (Operator) on Sea Lion development progress.
20 May 26	Prosafe SE announces operational update April 2026 Prosafe has announced an operational update April 2026. Fleet utilisation for April 2026 was 55%.
20 May 26	Norway: Norwegian Offshore Directorate grants Aker BP drilling permit for wellbore 15/6-17 in production licence PL 979 The Norwegian Offshore Directorate has granted Aker BP a drilling permit for wellbore 15/6-17 in production licence PL 979.
20 May 26	Egypt: Capricorn announces ministerial signing of merged concession agreement Capricorn Energy has announced that the Minister of Petroleum and Mineral Resources has signed the consolidated and amended concession agreement covering eight of the Company's existing Egyptian Western Desert concession agreements in which it has a 50% participating interest held jointly with Cheiron Oil and Gas (the Operator).
20 May 26	Australia: Georgina Energy executes Hussar EP513 drill contract Georgina Energy, a helium and hydrogen exploration company with strategic permits in Australia, has executed a drilling contract with Ensign Australia for the supply of the Ensign 970 drill rig for the upcoming drilling at its 100% owned Hussar prospect in EP513, in Q3 2026.
20 May 26	UK: Ithaca Energy announces first quarter update and results for the three months to 31 March 2026 Ithaca Energy has announced its unaudited financial results for the three months ended 31 March 2026.
20 May 26	US: South Prudhoe Augusta-1 exploration well targets large-scale stacked resource 88 Energy has provided an update on its recently consolidated South Prudhoe acreage position on Alaska's North Slope (100% working interest, 16.7% royalty). The South Prudhoe lease position covers approx. 52,269 acres within one of the most prolific hydrocarbon fairways on the North Slope, immediately south of the Prudhoe Bay Unit and Kuparuk River Unit.
20 May 26	South Africa: Navitas Petroleum exercises option to farm into Block 1 CBK, offshore South Africa Eco (Atlantic) Oil & Gas has announced that, further to the Company's announcement on December 4, 2025, it has signed a definitive agreement to farm down a 37.5% working interest in Block 1 CBK offshore South Africa to Navitas Petroleum.
20 May 26	BW Energy announces Q1 2026 and strategy update BW Energy delivered solid operational performance in the first quarter of 2026, advancing all major development projects on plan and cost. The start to the year has been marked by significant strategic progress, with final investment decision made on the Bourdon development and the Golfinho infill wells project.
20 May 26	Gabon/Brazil: FID on Bourdon and Golfinho wells raising 2028 production target to over 100 kbopd BW Energy has made final investment decision for the Bourdon development in the Dussafu license offshore Gabon and a campaign of new infill wells in the Golfinho license offshore Brazil. The combined total 2P reserves estimate is 68 million barrels of oil equivalents.
19 May 26	McDermott announces first quarter 2026 results McDermott International has announced financial results for the first quarter 2026. For the three months ended March 31, 2026, revenue was $2.4 billion; adjusted EBITDA was $117 million; and cash flow used in operating activities was $126 million. Backlog at quarter end was $17.6 billion. Trailing twelve months adjusted EBITDA was $489 million.
19 May 26	New Zealand's gas reserves decline to lowest level on record Annual petroleum reserves data released today by the Ministry of Business, Innovation and Employment (MBIE) shows as of 1 January 2026 New Zealand’s natural gas proven plus probable (2P) reserves declined 23% from last year to 731 petajoules (PJ), the lowest level since recording began 20 years ago.
19 May 26	Norway: Statkraft to reinvest in Norwegian hydropower Statkraft has announced updated estimates for investments in Norwegian power generation and plans to invest around NOK 80 billion over the next ten years. This positions the company as one of the largest contributors to new industrial activity in mainland Norway in the years ahead, with projects distributed across the entire country.
19 May 26	Germany: RWE builds further solar park and new battery storage facility at Hambach opencast mine RWE has begun construction on a large utility-scale solar plant in the Rhein-Erft district. The 'Manheimer Bucht' solar park is being built within the Hambach opencast mine, in the municipality of Kolpingstadt Kerpen. A total of 25,300 solar modules are being installed in an area the size of around 20 football pitches.
19 May 26	Ireland: Irish wind farms protect consumers from rising gas prices in April A record April for Irish wind farms helped to limit the average wholesale electricity price rise to just two per cent last month, despite significant pressure from rising gas prices.
19 May 26	UK: OnPath Energy progressing £1billion southern Scotland investment plans with new South Lanarkshire onshore wind agreement Leading renewables developer OnPath Energy is progressing its plans to invest around £1 billion in Southern Scotland over the next five years by partnering with Wilson Forest Products on three new onshore wind farms in South Lanarkshire.
19 May 26	Denmark: International Stillstrom-led consortium secures €5 million EU Horizon funding for offshore vessel charging pilot in Denmark An international consortium led by Stillstrom by Maersk has secured €5 million from the European Union’s flagship Horizon Europe research and innovation programme. The funding will be used for project SPARK, to develop and demonstrate offshore charging infrastructure for stationary vessels at anchor with their engines running.
19 May 26	UK: North Sea Midstream Partners celebrates a decade of ownership at St Fergus North Sea Midstream Partners (NSMP) is celebrating ten years of ownership of the St Fergus Gas Terminal and the FUKA and SIRGE pipeline systems. NSMP acquired the assets in 2016, growing its existing business to become a leading independent gas transportation and processing infrastructure company in the North Sea.
19 May 26	Archer reports growth and reconfirms guidance for the year Archer reports another strong quarter and confirms quarterly cash distribution to shareholders, corresponding to an annualized yield of roughly 9%. For Q1, Archer reports revenue of $278.4 million and adjusted EBITDA of $41.1 million, representing a YOY-growth of 15% and 18% respectively, when excluding the divested workover business in Argentina from 2025 financials.
19 May 26	Australia: OX2 starts construction of 135 MWac solar power and 100 MW BESS in Australia OX2 is commencing construction of the Muswellbrook Solar Farm & Battery project in Australia, comprising 135 MWac of solar generation and 100 MW of battery storage (BESS).