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14 Aug 26![]() |
Argentina LNG submits application for RIGI approval Argentina LNG, the integrated liquefied natural gas (LNG) project promoted by YPF, Eni and XRG, has submitted its application to join Argentina’s Large Investment Incentive Regime (RIGI), supporting the development of a large-scale LNG export project leveraging the resources of the Vaca Muerta formation. |
14 Aug 26![]() |
Canada: Arrow Energy announces Alberta property acquisition Arrow Exploration Corp, the high-growth operator with a portfolio of assets across key Colombian hydrocarbon basins, has announced a property acquisition in Alberta, Canada. |
14 Aug 26![]() |
Trinidad: Touchstone Exploration announces Q2 2026 results and operational update Touchstone Exploration reports its financial and operating results for the three and six months ended June 30, 2026 and provides an operational update. |
14 Aug 26![]() |
Venezuela: XRG advances global gas strategy with entry into Venezuela XRG, ADNOC's international energy investment company, has announced its entry into Venezuela through the award of the offshore Loran licence by the Bolivarian Republic of Venezuela, and the transfer of interest in the license by PDVsA Gas. The licence contains over 4 trillion cubic feet of proven gas resources. |
14 Aug 26![]() |
Indonesia Energy Corporation reports progress on drilling of K-29 well Indonesia Energy Corporation, an oil and gas exploration and production company focused on Indonesia, has announced that its K-29 well, which was spudded on July 25, 2026, continues to drill ahead on schedule and has reached a depth of more than 2,500 feet. |
14 Aug 26![]() |
Brazil: Petro-Victory Energy delivers transformational first-year performance at Capixaba Energia Petro-Victory Energy Corp, following the announcement of the partnership and acquisition of Capixaba Energia on April 29, 2025, has announced the results of its first year of operations at Capixaba Energia, highlighting significant production growth, improved operating margins and strong cash generation. |
14 Aug 26![]() |
Azerbaijan: Emerson to automate BP-operated Shah Deniz Compression project BP has awarded global automation leader Emerson a multi-million-dollar contract to deliver automation technologies for the Shah Deniz Compression project off the coast of Azerbaijan. |
13 Aug 26![]() |
Senegal: Viridien signs strategic multi-client partnership with PETROSEN to unlock Senegal’s petroleum potential Viridien has announced the signing of a strategic multi-client partnership agreement with Société de Pétroles du Sénégal (PETROSEN), Senegal's national petroleum company. |
13 Aug 26![]() |
Brazil: Petrobras' Tupi field reaches a cumulative production of 4 billion barrels The Tupi field, in the pre-salt layer of the Santos Basin, has reached a cumulative production of 4 billion barrels of oil equivalent (boed), becoming the first in the company's 73-year history to achieve this production volume. The first pre-salt system to enter commercial production, in 2010, it required the development of a new exploration model and pioneering technologies. |
13 Aug 26![]() |
Venezuela: bp awarded Loran Phase 2 licence as bp and Venezuela deepen offshore energy cooperation bp and the Government of the Bolivarian Republic of Venezuela have signed agreements to advance offshore gas development, including the award of an exploration and production licence for Phase 2 of the Loran field in the Plataforma Deltana area. Loran Phase 2 contains an estimated 4 trillion cubic feet of recoverable gas resources. |
13 Aug 26![]() |
Solstad Maritime signs Letter of Intent with a key client to contract the CSV Normand Cutter Solstad Maritime has signed a Letter of Intent with a key client to contract the CSV Normand Cutter. The vessel will support subsea operations in West Africa and as part of the contract, SOMA will deliver, with support from Omega Subsea AS, two work class ROVs (WROVs) with manning, as well as tooling, survey services, and project personnel. |
13 Aug 26![]() |
Germany: Cadeler installs final turbine at He Dreiht Offshore Wind Farm Cadeler has completed the final turbine installation at the 960 MW He Dreiht Offshore Wind Farm in the German North Sea. The final turbines were installed by Wind Keeper, under its long-term contract with Vestas. |
13 Aug 26![]() |
Norway: Shearwater brings Isometrix into site characterisation with two North Sea surveys Shearwater is applying its proprietary single sensor multicomponent Isometrix streamer technology in a new way this summer, using it to deliver two 3D site characterisation surveys on the Norwegian Continental Shelf. |
13 Aug 26![]() |
UK: New report reveals North Sea revenue drop off as firms flee EPL New data from the Government Expenditure and Revenue Scotland (Gers) report has revealed revenue from the North Sea has fallen £1.6billion in the space of two years. The figures show North Sea revenue has dropped off sharply from close to £5.5billion in 2023-24, to just under £4.5billion in 2024-25, and most recently to £3.9 billion in 2025-26. |
13 Aug 26![]() |
Mongolia: Petro Matad agrees 2026 Oil Sales Agreement with Petro Matad agrees 2026 Oil Sales Agreement with PetroChina for Block XX production and secures development rights to three utility-scale renewable energy projects, significantly expanding its portfolio in Mongolia. |
13 Aug 26![]() |
UK: Reinstated wells produced 16 million boe in 2025 North Sea operators produced an extra 16 million barrels of oil from 56 reinstated wells in 2025 as they focused on well interventions which boosted production and efficiency. The success of this campaign has been supported by a significant improvement in intervention efficiency, with the cost per barrel of oil equivalent added decreasing from £9.60/boe in 2024 to £7.60/boe in 2025. A total of 398 well interventions were carried out in the year. |
13 Aug 26![]() |
UK: Leading North Sea operators back NSTA well decommissioning charter North Sea operators have pledged to support an initiative to help them meet their well decommissioning obligations, boost the supply chain and potentially deliver significant savings for industry and taxpayers. The North Sea Transition Authority (NSTA) and 17 operators have signed a charter with a set of guiding principles, including working collaboratively to develop a smoother approach to wellhead removals. |
13 Aug 26![]() |
Azerbaijan: Wood Nobel Energy secures key role in Azerbaijan’s Nakhchivan power project Wood Nobel Energy has been awarded the front-end engineering design (FEED) contract for the Nakhchivan Combined Cycle Thermal Power Plant in Azerbaijan, supporting a key project that will strengthen power generation and export in the Nakhchivan Autonomous Republic. |
13 Aug 26![]() |
Saipem awarded an offshore contract in the Middle East worth approx. 1.8 billion USD Saipem has been awarded an offshore EPCI contract in the Middle East, valued at approx. 1.8 billion USD. The project will leverage Saipem’s proven regional track record in delivering pipeline and offshore infrastructure, supported by its regional vessels and advanced engineering capabilities. |
13 Aug 26![]() |
RWE delivers strong first-half results RWE achieved adjusted EBITDA of €3.0 billion in the first half of 2026, significantly exceeding the prior-year figure of €2.1 billion. Adjusted net income rose to €1.3 billion, up from €0.8 billion in the same period last year. Adjusted earnings per share increased to €1.77 from €1.08. The strong earnings growth was driven by robust operational performance across all segments. |
13 Aug 26![]() |
Germany: Nordex Group receives orders totaling 82 MW from EFG Energy Farming Group in Lower Saxony, Germany The Nordex Group has received orders from the EFG Energy Farming Group for the supply and installation of a total of twelve wind turbines for several citizen wind projects in Lower Saxony. The 'Erlte-Endel' project in the district of Vechta and the 'Bad Essen' project cluster in the district of Osnabrück together comprise an installed capacity of around 82 MW. |
13 Aug 26![]() |
Orsted continues its strategic progress, delivers solid operational performance, and is on track to deliver on its 2026 financial guidance Ørsted’s Board of Directors have approved the interim financial report for the first half year 2026. Ørsted continued its strategic progress and made significant progress on construction projects across three continents. |
13 Aug 26![]() |
Iraq: Genel Energy announces operational update Genel Energy notes DNO’s announcement this morning, consistent with our comments at our half year results, reporting that drilling activities recommenced in April and production at the Tawke field restated on 28 June and at the Peshkabir field on 11 July. |
13 Aug 26![]() |
Archer Limited reports record quarter and EBITDA margin expansion Archer Limited reports record quarterly EBITDA of $44.9 million and a strong EBITDA margin of 17.1% for the second quarter of 2026, demonstrating continued earnings growth and margin expansion. EBITDA increased by 14% year over year, adjusted for the divested workover business in southern Argentina. Archer further strengthened its market position through significant contract awards and strategic investments in P&A technology. |
13 Aug 26![]() |
US: Interior advances American Energy Dominance with Third Gulf of America Lease Sale The Department of the Interior has announced that the Marine Minerals Administration’s Lease Sale Big Beautiful Gulf 3, or BBG3, generated $82,689,756 in high bids for 59 blocks in federal waters of the Gulf of America. Sixteen companies submitted 69 bids totaling $99,476,285. |


































