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22 Oct 26![]() |
Norway: Aibel awarded contract for Wisting The Wisting partnership is awarding Aibel a front-end engineering and design study contract for the topsides of the production vessel. 'Wisting will generate activity in the Norwegian supplier industry and in local communities in the north over a 30-year period,' says Trond Bokn, Equinor's senior vice president for project development. |
22 Oct 26![]() |
Pakistan: OGDCL reports commencement of gas and condensate production from Bitrism East 1 exploration well OGDCL reports that the gas-condensate discovery at Bitrism East-1 exploratory well in Lower Goru Formation (Massive and Basal Sands) has successfully been brought into production. |
22 Oct 26![]() |
Archer reports Q3 2026 trading and shareholder distribution update Archer reports another strong quarter with an EBITDA of $44.2 million and an EBITDA margin of 16.5% in the third quarter of 2026, including negative effects of roughly $3 million related to an industrial offshore strike in Norway in July. EBITDA increased 8% year-over-year when adjusting for the divested workover business in Argentina. |
22 Oct 26![]() |
UK: Russell Borthwick: The North Sea debate needs facts, not hysteria The debate about the future of the North Sea has become one of the most important economic, environmental and energy security discussions facing the UK. Unfortunately, it has also become one of the most polarised. We need a more grown-up debate, grounded in facts rather than hysteria. |
22 Oct 26![]() |
JOINT OIL Provides Update on Launched Bid Round for Zarat Development and Joint Oil Block Exploration Joint Oil’s bid round for the Zarat oil and gas discovery and offshore exploration block between Tunisia and Libya remains open until 31 December 2026, offering significant exploration and development opportunities. |
22 Oct 26![]() |
DOF Group awarded subsea installation contract in Africa DOF Group has announced the award of a Significant subsea contract in Africa. DOF shall under this contract deliver project management, engineering, logistics and offshore execution services for the transportation and installation of various Subsea Production Systems (SPS) in deep-water field developments. |
22 Oct 26![]() |
UK: Low Carbon unveils early proposals for Somerset Energy Park UK renewable energy company and Independent Power Producer (IPP), Low Carbon, has announced that it has begun developing proposals for Somerset Energy Park, a new solar project co-located with battery energy storage near the village of Mark, Somerset. |
22 Oct 26![]() |
Santos announces 2026 Third Quarter Report Santos Managing Director and Chief Executive Officer Kevin Gallagher said the September quarter delivered the step-change in production and cash flow that Santos had been working towards, with record quarterly production and free cash flow from operations as Barossa achieved steady production and Pikka progressed its ramp up towards plateau production. In the third quarter, ~50 per cent of Santos’ free cash flow was generated from its international operations (in PNG and Alaska). |
22 Oct 26![]() |
Ireland: EirGrid launches public consultation to power up North Wicklow EirGrid, the operator and developer of Ireland’s electricity grid, is launching a public consultation on the proposed North Wicklow Reinforcement Project. |
22 Oct 26![]() |
UK: New supply chain report to put UK investment and jobs under the spotlight at OEUK Breakfast Briefing A new report from Offshore Energies UK (OEUK) warning that Britain risks losing offshore energy investment, jobs and industrial capability to competing global markets will be launched at the organisation’s final flagship Breakfast Briefing of 2026. Taking place just days after the government’s Autumn Budget, the Deloitte-sponsored event will be held at P&J Live in Aberdeen on 10 November. |
22 Oct 26![]() |
UK: Government must now approve all planned North Sea energy projects and cut imports The green light for the £2.1billion Jackdaw gas project is a first step towards unlocking £50 billion of investment in new North Sea oil and gas production to help meet UK demand, says Offshore Energies UK. |
22 Oct 26![]() |
New Zealand: Nordex Group enters New Zealand market with 192 MW order from Mercury The Nordex Group has received its first order from New Zealand. Mercury, one of New Zealand’s major electricity generation and retail companies, has ordered 40 N133/4.8 wind turbines with a total capacity of 192 MW for a wind farm in the Otago region of New Zealand’s South Island. In addition, Mercury and Nordex have concluded a comprehensive service agreement covering a period of 30 years. |
22 Oct 26![]() |
Colombia/Canada: Arrow announces record production and IC-8, IC-7 well results Arrow Exploration, the high-growth operator with a portfolio of assets across key Colombian and Canadian hydrocarbon basins, has provided an update on operational activity at the Icaco field on the Tapir Block in the Llanos Basin of Colombia where Arrow holds a 50 percent beneficial interest. |
22 Oct 26![]() |
Argentina: GeoPark triples Vaca Muerta acreage with award of Corralera Noreste Block GeoPark, a leading independent energy company with more than 20 years of successful operations across Latin America, has been awarded the Corralera Noreste Block ('Corralera NE') in the Neuquén Basin, Argentina, further expanding its position in Vaca Muerta and strengthening its long-term growth platform in the country. |
22 Oct 26![]() |
Guyana: Viridien Launches Guyana Legacy 3D Seismic Reimaging Project Viridien has announced the launch of Phase 1 of its major legacy 3D seismic reimaging project offshore Guyana. This high-end imaging program has received strong industry backing, with early-out results expected in the first quarter of 2027. |
22 Oct 26![]() |
TGS announces Q3 2026 results The third quarter saw strong contract activity across both the 3D streamer vessel fleet and the Ocean Bottom Node (OBN) operations, resulting in the highest contract revenues since the fourth quarter of 2024. |
21 Oct 26![]() |
UK: MESH Pathway to Development significantly strengthened by Governments Jackdaw announcement 'Today’s approval of the Jackdaw gas field, the new £2 billion Energy Wealth Fund and Transitional Energy Certificates (TECs) are significant for the UK’s energy future. It signals the Government’s recognition that a secure and reliable gas supply is critical to the transition to a cleaner energy system and delivering more affordable energy. 'MESH is a homegrown energy solution. Its pathway to development is significantly strengthened with today’s announcement', said Ben Clube, CEO, EnergyPathways. |
21 Oct 26![]() |
Scatec revises full-year 2026 power production EBITDA estimate catec has revised its full-year 2026 power production EBITDA estimate down by NOK 300 million to NOK 3,300 to 3,600 million. The revision reflects several adverse developments. |
21 Oct 26![]() |
UK: RenewableUK statement on Jackdaw gas field approval Commenting on the Energy Secretary’s decision to approve the development of Jackdaw gas field in the North Sea, RenewableUK's Chief Executive Tara Singh said: 'RenewableUK, as the trade association for the UK's clean power industry, does not take a position on individual oil and gas licensing decisions, but we support the North Sea and the people who work in it. The Government’s announcement of a new Energy Wealth Fund is potentially an important part of the energy transition, and we look forward to seeing the detail. |
21 Oct 26![]() |
Spain: Encavis signs first hybrid solar and wind PPA with Visalia in Spain Encavis has signed its first hybrid Power Purchase Agreement (PPA) combining solar and wind generation in Spain. Under the three-and-a-half-year agreement with Spanish energy company Visalia, Encavis will supply 60 GWh of renewable electricity annually from its 199 MW Aragon portfolio near Zaragoza. |
21 Oct 26![]() |
UK: Ofgem launches biggest ever OFTO tender round for £3.5 billion Hornsea 3 offshore transmission link Ofgem has launched what’s expected to be its largest ever tender round for the offshore transmission assets connecting Hornsea 3 - one of the world’s biggest windfarms - to Britain’s power grid. Tender Round 14 in Ofgem’s OFTO framework (offshore transmission owners), which launched today (Wednesday October 21) has an estimated value of around £3.5 billion. |
21 Oct 26![]() |
UK: Vattenfall unveils plans for new Nottinghamshire wind farm Vattenfall is exploring plans for a new onshore wind farm near the villages of Misson and Gringley-on-the-Hill in Nottinghamshire, with up to 16 turbines and a potential generating capacity of 112 megawatts (MW). |
21 Oct 26![]() |
UK: Unite welcomes Jackdaw decision Unite, the UK’s leading union, has welcomed the government’s decision to approve the Jackdaw gas field. The union has long called for the development of Jackdaw, in order to provide energy security and provide time to secure commensurate jobs for North Sea oil and gas workers. |
21 Oct 26![]() |
Germany: Vattenfall to deliver balancing power from Veja Mate offshore wind farm Vattenfall has announced that, for the first time, it will provide balancing power from the 416 MW Veja Mate Offshore Wind Farm, helping to stabilise the grid during fluctuations. Using this project, Vattenfall plans to provide 200 MW, the largest amount of balancing power from offshore wind. |
21 Oct 26![]() |
UK: Ørsted completes construction on innovative UK battery energy storage system Ørsted, the global leader in offshore wind energy, has finished construction of its first large-scale UK battery energy storage system (BESS). This is the latest milestone along the path to it becoming fully operational. There are now 170 megapacks in place alongside the onshore converter station for Ørsted’s Hornsea 3 Offshore Wind Farm, near Norwich, Norfolk. Each is the length of a classic Routemaster London bus but weighs the same as five buses. |


































