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29 Jan 26	Petrobras increases proven reserves in 2025 Petrobras reports that its estimates of proven reserves of oil, condensate, and natural gas, according to SEC ( US Securities and Exchange Commission ) criteria, totaled 12.1 billion barrels of oil equivalent (boe) as of December 31, 2025. Of this total, 84% is oil and condensate and 16% is natural gas.
29 Jan 26	US: Subsea7 awarded contract offshore US Subsea7 has announced the award of a sizeable contract by Shell for the Kaikias Waterflood project. The Kaikias field is a deepwater development in the Mars-Ursa Basin, approx. 210 kms off the Louisiana coast in the US.
29 Jan 26	Germany: Subsea7 awarded contract offshore Germany Subsea7 has announced the award to Seaway7, part of the Subsea7 Group, of a substantial(1) contract by OWP Gennaker, part of Skyborn Renewables, for the Gennaker offshore wind farm in Germany.
29 Jan 26	EU invests €650 million in cross-border energy infrastructure The European Commission will allocate nearly €650 million in grants from the Connecting Europe Facility (CEF) to help finance 14 cross-border energy infrastructure projects. These projects will play a vital role in strengthening the EU's energy security, increasing the integration of renewable energy and, as a result, Europe's competitiveness.
29 Jan 26	Poland: Orlen and ABO Energy sign MoU on hydrogen supply Poland's largest energy company, Orlen, and ABO Energy signed a Memorandum of Understanding (MoU) in Warsaw on January 27, 2026, concerning the production and supply of green hydrogen to Poland starting in the 2030s.
29 Jan 26	Mozambique LNG announces the full restart of all its activities onshore and offshore in Mozambique The restart of project activities onshore and offshore follows the decision made on 7 November 2025, by Mozambique LNG consortium, to lift the Force Majeure that was declared in 2021 and resume project activities.
29 Jan 26	Malaysia: PETRONAS Activity Outlook 2026-2028: Strengthening Energy Ecosystem for Malaysia’s Energy Transition PETRONAS has released its PETRONAS Activity Outlook 2026-2028, providing Malaysia’s oil and gas services and equipment (OGSE) industry insights into forecasted activities across its Upstream, Downstream, Gas & Maritime businesses for Malaysian operations.
29 Jan 26	UK: 63 MW Scottish wind farm to use low-emission steel in UK onshore first Vattenfall has signed an order with Vestas for turbines for the 63MW Clashindarroch II Wind Farm project near Huntly, Scotland. The order includes the supply, installation, and commissioning of 14 Vestas V136 4.5 MW wind turbines, along with a 30-year service agreement. All the turbine towers will be manufactured using low-emission steel.
29 Jan 26	LUKOIL agrees with Carlyle on sale of international assets LUKOIL has signed an agreement with US investment company Carlyle on the sale of LUKOIL International GmbH (100% subsidiary of PJSC 'LUKOIL' which owns international assets of LUKOIL Group). The Company also continues negotiations with other potential purchasers.
29 Jan 26	Germany: RWE constructs a battery storage system with a capacity of 400 megawatts in Lingen On a site in Lingen, Lower Saxony, where acrylic fibres were produced until 2021, the largest battery storage facility in the region is now being built. RWE is constructing a 400-megawatt (MW) battery storage system on the former premises of Dralon GmbH, northeast of the Emsland gas-fired power plant.
29 Jan 26	Ireland: Lansdowne Oil & Gas secures further Convertible Loan Agreements for £100,000 Lansdowne Oil & Gas has entered into further Convertible Loan Agreements for £100,000. The Company intends to use the funds to provide working capital whilst progressing the final stages of a potential reverse takeover, which is targeted to complete in the first quarter of 2026.
29 Jan 26	Malaysia: Seascape Energy announces Keladi Prospect upgrade and Temaris Cluster Resource update Seascape Energy has announced a material upgrade to its Keladi prospect following an updated independent evaluation of the Prospective Resources by Sproule ERCE on the Temaris Cluster ('Temaris', 100% PI, operated). The Competent Persons Report ('CPR') now ascribes almost 1 TCF of net mean unrisked Prospective Resources to the Temaris block.
29 Jan 26	Georgia: Block Energy announces extension of its existing secured loan facility and related party transactions Block Energy, the production and development company focused on Georgia, has announced an extension to the Term of its existing $2.0 million senior secured loan facility and related transactions.
29 Jan 26	Gran Tierra Energy reports seventh consecutive year of South American reserves growth Gran Tierra Energy, an independent international energy company focused on oil and natural gas exploration and production in Canada, Colombia and Ecuador, has announced the Company’s 2025 year-end reserves and specified resources.
29 Jan 26	India: Cairn Oil & Gas announces gas discovery in Ambe - first DSF block to be monetised on the West Coast Cairn Oil & Gas, part of Vedanta, and India’s largest private oil and gas exploration and production company, has notified the DGH and Ministry of Petroleum and Natural Gas of a gas discovery in its appraisal well Ambe-2A on the West Coast.
29 Jan 26	Noble Corporation completes the sale of five jackup rigs to Borr Drilling Noble Corporation has completed the sale of five jackup rigs to Borr Drilling for $360 million. The Company generated approx, $210 million in cash plus $150 million in seller notes from the sale of the Noble Tom Prosser, Noble Mick O'Brien, Noble Regina Allen, Noble Resilient and Noble Resolute.
28 Jan 26	Colombia: GeoPark renews offtake agreement with Vitol in Colombia GeoPark, a leading independent energy company with over 20 years of successful operations across Latin America, has announced the renewal of its offtake and prepayment agreement with Vitol, extending the term and expanding the scope of collaboration across the Llanos basin in Colombia.
28 Jan 26	High-impact wells: Africa will continue to drive global drilling activity in 2026 According to the latest research from Rystad Energy, Africa is set to continue leading global drilling activity, accounting for around 40% of planned high-impact exploration wells, driven largely along the Atlantic margin, with exploration expected to focus on the Orange Basin in Southern Africa and the Gulf of Guinea in West Africa, reinforcing the region’s role in global high-impact drilling.
28 Jan 26	Borr Drilling completes acquisition of five premium jack-up rigs Borr Drilling has completed its previously announced acquisition of five premium jack-up rigs from Noble Corporation for a total purchase price of $360 million.
28 Jan 26	US: Buccaneer Energy completes a reserve valuation update in connection with its credit facility with WAFD Bank AIM-listed Buccaneer Energy, the international oil & gas exploration and production company with a portfolio of production and development assets in Texas, USA, has completed a reserve valuation update in connection with its credit facility with WAFD Bank, formerly Washington Federal Savings and Loan.
28 Jan 26	Oman: SLB awarded multi-year contracts to support Oman’s energy development SLB has been awarded two five-year contracts by Petroleum Development Oman (PDO) to supply wellheads and artificial lift technologies for operations in Block-6, Oman’s largest oil and gas concession, while advancing in-country value (ICV).
28 Jan 26	UK: Government saves 300 jobs on the Isle of Wight Government intervention alongside investment from Vestas has saved over 300 jobs at their Isle of Wight factory, securing its future as the UK’s only dedicated onshore wind blade plant.
28 Jan 26	Norway: OKEA and partners discover petroleum in the 'Knockando Fensfjord' prospect in the North Sea OKEA and its partners have discovered petroleum in the 'Knockando Fensfjord' prospect in the North Sea. Wellbore 31/4-A-15 D started producing from the 31/4-A-1 B ('Talisker') discovery on 11 January 2026. The licensees are now considering opportunities for developing 'Knockando Fensfjord'.
28 Jan 26	UK: The Jobs Foundation publishes new report on the ‘Cliff Edge’ of the energy transition This latest report looks at both the effect of government policy on the energy sector, as well as the ramifications that has had on jobs and on communities – with the community in this case being the city of Aberdeen.
28 Jan 26	UK’s clean energy pact with European neighbours will boost energy security and reduce bills RenewableUK’s Deputy Chief Executive Jane Cooper comments on the clean energy security pact made by the UK Government and other European countries at the North Sea Summit in Hamburg, which will deliver major new offshore wind projects in shared waters.