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17 May 26
US: Technip Energies receives Full Notice To Proceed on major EPC contract with Commonwealth LNG in the United States
Technip Energies has received Full Notice To Proceed (FNTP) for a major Engineering, Procurement, and Construction (EPC) contract with Commonwealth LNG, a Caturus company, for its 9.5 Mtpa liquefied natural gas (LNG) export facility in Cameron Parish, Louisiana, United States.
17 May 26
UK: Aberdeenshire Council gives Ocean Winds consent for underground cable corridor that will connect 2GW Caledonia project to the grid
Ocean Winds, a 50/50 joint venture between EDPR and ENGIE dedicated to offshore wind energy, and the largest offshore wind operator in Scotland, has received full onshore planning consent for its Caledonia Offshore Wind Farm.
17 May 26
Malaysia: Velesto Energy secures first asset-light rig contract from Hibiscus
Velesto Energy, through its wholly-owned subsidiary, Velesto Drilling, has secured a contract from Hibiscus Oil & Gas Malaysia, marking the Group’s first contract utilizing a third-party jackup rig under a charter arrangement. The contract is for the provision of a jack-up drilling rig for Hibiscus’ 2026 offshore drilling campaign in Malaysia.
15 May 26
Philippines: Scatec JV starts commercial operation of battery system in the Philippines
Scatec’s joint venture with Aboitiz Power in the Philippines has started commercial operation of the 16 MW Magat battery energy storage system (Magat BESS 2)'
15 May 26
UK: Prosafe SE: Safe Caledonia contract signed with Ithaca Energy for Captain field in the UK
Prosafe has signed a contract for the Safe Caledonia to provide accommodation support for Ithaca Energy at the Captain field in the UK sector of the North Sea for a firm period of 6 months commencing Q2 2027.
15 May 26
TGS | 4C analysis flags rising subsea cable demand and vessel bottlenecks driven by offshore wind growth
Offshore wind growth is accelerating demand for subsea cables, larger installation vessels and more resilient supply chains, creating new pressure points for project delivery through 2030 and beyond.
15 May 26
Congo Brazzaville: Perenco completes successful drilling campaign on the Tchibouela East field, offshore Republic of Congo
Perenco Congo has announced the completion of its successful drilling campaign on the Tchibouela East field, offshore Republic of Congo. The results of the five infill well campaign, which concluded at the end of 2025, now show a sustained material uplift in production, providing an additional 6,000 barrels of oil per day (bopd).
15 May 26
UK: Perenco UK restarts production from the Davy gas field in the Southern North Sea
Perenco UK has confirmed that, after more than five years since being shut-in, production from the Davy gas field in the Southern North Sea (SNS) has restarted. Earmarked for decommissioning following several failed restarts in 2021, Perenco UK has completed a comprehensive revival project with production from Davy wells A3 and A5 restarting in late April 2026.
15 May 26
Egypt: TAG Oil provides update on drilling operations at BED-1 and SERQ Concessions
TAG Oil has secured a drilling rig for the upcoming T-200 well at the Badr Oil Field ('BED-1') located in the Western Desert of Egypt. The Company anticipates starting drilling operations by the end of June 2026, subject to receipt of all required regulatory approvals.
15 May 26
Predator Oil & Gas announces Placing to raise £3 million
Predator Oil & Gas Holdings, the Jersey based Oil and Gas Company with producing hydrocarbon operations focussed on Trinidad and Morocco, has announced a placing to raise £3 million. The Proceeds of the Placing will be spent on the potential award of Corrib South offshore Ireland and its assets in Trinidad and Morocco.
15 May 26
US: Union Jack Oil provides positive update on Crossroads well, Southern Oklahoma USA
AIM-listed Union Jack Oil, a UK and USA focused onshore hydrocarbon, production, development, exploration and investment company, has announced a positive update on the Crossroads Well, located in Garvin County, Oklahoma USA. Based on a petrophysical evaluation of the downhole logs, four intervals with production potential will be tested.
14 May 26
Brazil: ABL to support Mero 3 and Mero 4 Projects offshore Brazil
ABL Energy & Marine Consultants Brasil has been appointed as Marine Warranty Surveyor (MWS) to support Subsea7 with the transportation and installation campaign for the SURF infrastructure for the Mero 3 and 4 developments offshore Brazil.



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