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23 Aug 26![]() |
US: Continental Resources significantly expands Permian Basin position with acquisition of FireBird Energy II Continental Resources has entered into an agreement to acquire FireBird Energy II LLC, a portfolio company of Quantum Capital Group. The acquisition of FireBird, which owns approx. 54,000 net acres in the Midland Basin, significantly expands Continental's Permian Basin position and adds high-quality, oil-weighted production and development inventory adjacent to its existing operations. |
23 Aug 26![]() |
Ghana: Petrobras begins negotiations for exploration blocks in Ghana Petrobras has expressed interest in exploration blocks located in offshore areas of the Keta Basin, in Ghana. Ghana's Ministry of Energy and Green Transition has approved the application for negotiation of exploration contracts in four blocks. With this approval, Petrobras has entered the direct negotiation phase of the exploration contract terms. |
21 Aug 26![]() |
UK: New challenge launched to store clean energy for longer and protect households from price spikes The Ultra-Long Duration Energy Storage Challenge will offer £28 million to create tech which can store clean energy for over 100 hours. Following another record-breaking heatwave, this launch boosts government’s clean energy ambitions to combat climate change. |
21 Aug 26![]() |
UK: London's largest rooftop solar installation at New Spitalfields Market One of the UK’s most important wholesale food markets is now home to the largest rooftop solar installation in London, following the completion of a major renewable energy project at New Spitalfields Market. |
21 Aug 26![]() |
Namibia: Sintana Energy announces update on strategic investment in Maravilla Oil and Gas Sintana Energy has announced, further to a previous announcement dated 20 January, 2026, the entry into definitive documentation providing for the acquisition of a 44% interest in Maravilla Oil and Gas, a privately held, Namibian company focused on high-impact opportunities in West Africa. |
21 Aug 26![]() |
McDermott announces Q2 2026 results McDermott International has announced financial results for the second quarter 2026. For the three months ended June 30, 2026, revenue was $2.3 billion; adjusted EBITDA was $143 million; and cash flow used in operating activities was $76 million. Net income reached $41 million during the quarter. Backlog at quarter end was $15.8 billion. Trailing twelve months adjusted EBITDA was $519 million. |
21 Aug 26![]() |
UK: Energy Safety Awards winners recognised for driving lasting safety improvements through commitment, dedication and passion Inspiring individuals, teams and companies from across the energy sector have been recognised at the 2026 Energy Safety Awards ceremony jointly hosted by Offshore Energies UK and Step Change in Safety at P&J Live in Aberdeen. |
21 Aug 26![]() |
Scatec second quarter 2026: Growth journey and solid project execution continues In the second quarter, Scatec delivered strong progress across its growth portfolio, with new assets contributing materially to power generation and revenues, and strong performance in the D&C segment with a gross margin of 24% and an EBITDA of NOK 234 million. Proportionate revenues were NOK 2,286 million (2,302 million), and EBITDA was NOK 1,016 million (1,130 million). |
20 Aug 26![]() |
India: Dolphin Drilling announces extension of Blackford Dolphin drilling contract with Oil India Ltd Dolphin Drilling has announced that the deepwater capable semisubmersible rig, Blackford Dolphin will continue its drilling contract for Oil India Limited. |
20 Aug 26![]() |
India: Transocean announces $300 million contract for ultra-deepwater drillship Transocean has announced a two-year binding Letter of Award for the Dhirubhai Deepwater KG2 with ONGC in India. The campaign is expected to commence in the first quarter of 2027 and contribute approximately $300 million in contract value, inclusive of additional services and mobilization fees. |
20 Aug 26![]() |
Romania: Construction starts at Scatec’s 77 MW Urleasca wind project in Romania Scatec has secured financing for its 77 MW Urleasca onshore wind project in Romania, enabling the project to start construction. The Urleasca project marks Scatec's entry into onshore wind in Europe and complements the company's existing solar portfolio in Romania. |
20 Aug 26![]() |
Norway: Production outpaces resource growth on the NCS Without significant discoveries, production on the Norwegian continental shelf (NCS) may fall steeply after 2030. Resources remain plentiful, but growth levels are too low to maintain current production levels over time, according to a Resource Report 2026 publihed by the Norwegian Offshore Directorate. |





















