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11 May 26
Chile: Grenergy secures a new $268 million financing for Central Oasis
Grenergy has closed a $268 million senior non-recourse financing agreement, including credit facilities, for the Monte Águila plant. The project has a solar capacity of 342 MW and 1,034 MWh of storage and is part of the Central Oasis platform, located in Chile.
11 May 26
Spain: Axpo inaugurates 200 MWp solar complex in Spain
The Vilecha solar complex in north-western Spain was officially opened by Axpo on 7 May 2026. The large-scale facility comprises four major photovoltaic plants with a combined capacity of 200 megawatts peak (MWp).
11 May 26
UK: Early stage assessment begins for potential Northumberland wind farm
Vattenfall is exploring plans for a new wind farm on land adjacent to the existing Ray Wind Farm near Kirkwhelpington, Northumberland. Existing Ray Wind Farm has been operating for nearly a decade.
11 May 26
Namibia: 88 Energy provides an update on its interest in PEL 93, onshore Namibia, following an amendment to the Farm-In Agreement with Monitor
88 Energy has provided an update on its interest in Petroleum Exploration Licence 93 (PEL 93), onshore Namibia, following an amendment to the Farm-In Agreement with operator Monitor Exploration.
11 May 26
Ireland: Lansdowne Oil & Gas provides update on Energy Charter Treaty ('ECT') Arbitration Claim
Lansdowne Oil & Gas plc has successfully registered its Request for Arbitration with the International Centre for Settlement of Investment Disputes concerning its dispute with Ireland over the Barryroe oil and gas field, pursuing a claim of at least US$100 million plus interest.
11 May 26
GoM: TGS awarded OBN contract in Gulf of America
TGS, a leading global provider of energy data and intelligence, has announce the award of an ultra-high resolution OBN contract in the Gulf of America. A deep-water crew is scheduled to mobilize early June 2026.
10 May 26
Australia: Amplitude Energy confirms that it has received production licence VIC/L37, which covers the discovered Annie field
Amplitude Energy has received production licence VIC/L37, which covers the discovered Annie field. Annie was first discovered in 2019, with first gas planned for 2028.
10 May 26
Saudi Arabia: Aramco announces first quarter 2026 results
Aramco’s first-quarter performance reflects strong resilience and operational flexibility in a complex geopolitical environment. Aramco's East-West Pipeline, which reached its maximum capacity of 7.0 million barrels of oil per day, has proven itself to be a critical supply artery, helping to mitigate the impact of a global energy shock and providing relief to customers affected by shipping constraints in the Strait of Hormuz.
10 May 26
UK: OEUK’s Offshore Aviation Conference: Elevating performance and embracing change
Offshore helicopter operations are top of the agenda at OEUK’s offshore aviation conference in Aberdeen on May 19. Industry leaders and experts in aviation will convene to address the theme of ‘Enhancing performance and embracing change’.
10 May 26
UK: Homegrown policy must match homegrown energy ambition
Offshore Energies UK (OEUK) has congratulated new and re-elected MSPs in Scotland, MSs in Wales, and councillors across England and stands ready to work in partnership to secure a modern industrial future powered by homegrown energy.
10 May 26
24/7 Renewables Outcompete Fossil Fuels on Costs
New IRENA report confirms the cost-competitiveness of round-the-clock renewable power through hybrid solutions of solar and wind with battery storage. Solar and wind energy paired with battery storage are reliable and already today deliver cost-effective, round-the-clock electricity, according to a new report by the International Renewable Energy Agency (IRENA).
10 May 26
UAE and Austria reaffirm energy and industrial ties as Austrian Chancellor visits ADNOC HQ
His Excellency Christian Stocker, Chancellor of the Republic of Austria, visited ADNOC’s Headquarters during his official visit to the United Arab Emirates (UAE).The visit follows the recent completion of the transactions by OMV and ADNOC’s global investment arm, XRG, to form Borouge International, through the combination of Borouge and Borealis and the acquisition of NOVA Chemicals, creating a global polyolefins leader.
10 May 26
Indonesia: Conrad Asia announces execution of Mako SURF contract
Conrad Asia Energy subsidiary, West Natuna Exploration Limited, the operator of the Duyung PSC in the Natuna Sea, offshore Indonesia, has formally executed a binding contract with PT. Timas Suplindo for the provision of Subsea Umbilical, Flowline, and Riser ('SURF') EPCI contract to support the development of the Mako Gas Field.
10 May 26
Sale of Petrofac Asset Solutions to CB&I completes
Petrofac confirms that the sale of its Asset Solutions business to CB&I has successfully completed.
10 May 26
GoM: Audubon offshore brownfield program expands to major assets in the US Gulf
Audubon Companies, a leading provider of engineering, procurement, construction (EPC), fabrication, and operations and maintenance (O&M) services, has announced that Shell has awarded the company an exclusive contract for engineering and procurement on its brownfield topside projects portfolio in the US Gulf.
08 May 26
UK: Odfjell Technology awarded three-year contract with EnQuest
Odfjell Technology has secured a three-year contract with EnQuest for platform drilling operations on the Magnus platform in the UK. The contract is scheduled to commence in Q3 2026 and includes two additional one-year extension options.
08 May 26
UK: Elements Green acquires 300MW Newarthill BESS project to strengthen UK storage pipeline
Elements Green has completed the acquisition of the Newarthill Battery Energy Storage System (BESS) project from Geocore, marking a further expansion of its UK energy storage portfolio.
08 May 26
France: Voltalia announces commissioning of three solar power plants in southern France
Voltalia, an international player in renewable energies, has announced the commissioning of three photovoltaic power plants in south of France, representing a total capacity of 26.9 megawatts.



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