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12 May 26	Australia: OEG secures multi-million-dollar CCU contract extension with a global operator to support Bass Strait operations OEG has secured a long-term multi-million-dollar contract extension with a global operator to support its offshore drilling operations in the Bass Strait field, Australia, until the end of field life, expected to be in 2036.
12 May 26	North Star secures major tranche of North Sea ERRV contracts, reinforcing offshore safety and UK energy security North Star, the UK’s leading fully integrated offshore infrastructure service provider, has secured a significant multi-million-pound pipeline of North Sea emergency response and rescue vessel (ERRV) contracts across 17 vessels in its fleet. The awards represent approx. 50 years of combined contract duration.
12 May 26	Santos takes FID on Agogo Production Facility Tie-In Project in Papua New Guinea Santos has announced a final investment decision to proceed with the Agogo Production Facility (APF) Tie-In Project in Papua New Guinea, following approval by the PNG LNG joint venture.
12 May 26	UK: SSEN Transmission leads rollout of 'revolutionary' modular substations for grid connections A new approach to substation delivery is leading the way, with standardised modular substations that enable much of the assembly, wiring, and testing to be completed off site before installation and commissioning. Designed to operate at 132kV and 33kV, the modular substations are ideally suited to smaller-scale grid connection projects, including individual windfarms and other renewable generation.
12 May 26	Australia: New report finds economic boost from Browse Independent modelling shows the proposed Browse to North West Shelf (NWS) Project represents a significant opportunity to strengthen Australia’s energy security, support the energy transition and deliver long-term economic benefits for Western Australia and the nation.
12 May 26	Pharos Energy provides Trading and Operations Update ahead of AGM Pharos Energy, an independent energy company with assets in Vietnam and Egypt, has provided a Trading and Operations Update ahead of the Company’s annual general meeting (AGM).
12 May 26	UK: Jersey Oil and Gas announces final results for Y/E 31 December 2025 AIM-listed Jersey Oil & Gas, an independent upstream oil and gas company focused on the UK Continental Shelf region of the North Sea, has announced its audited financial results for the year ended 31 December 2025.
12 May 26	Brazil: New Wave Offshore Energy selected as Marine Warranty Surveyor for Shell’s Orca Project New Wave Offshore Energy has announced the award of a major Marine Warranty Survey (MWS) contract for Shell’s Orca Project in the pre-salt Santos Basin, offshore Brazil.
12 May 26	Odfjell Technology reports for the first quarter of 2026 Odfjell Technology reports first-quarter 2026 revenue of NOK 1,374 million and EBITDA of NOK 188 million. Adjusted EBITDA was NOK 204 million, after NOK 16 million of one-off costs primarily related to the acquisition of Kaseum and Razor, completed during the quarter. The EBITDA margin was 14%.
12 May 26	Odfjell Drilling reports for the first quarter of 2026 Odfjell Drilling continued to prove the value of its strategy during Q1 2026, with strong financial results mainly driven by operational performance. Revenue and EBITDA have increased.
12 May 26	UK: Fugro geotechnical survey to support Berwick Bank B offshore wind farm Fugro has been awarded a major geotechnical survey contract by SSE for Berwick Bank B, part of the landmark Berwick Bank offshore wind project in the North Sea.
12 May 26	Seadrill announces first quarter 2026 results Seadrill has announced its first quarter 2026 results. Secured multiple contract awards across the U.S. Gulf, Brazil and Angola, adding over $860 million to Contract Backlog since the February fleet status report. Contract Backlog now stands at $3.1 billion.
12 May 26	Germany: BayWa r.e. secures operations contract for Germany's largest battery storage system BayWa r.e. has strengthened its Asset Operations business with the signing of an eight-year service contract with a Danish investment fund - the Scale Fund, for the 'Alfeld' battery storage system located in Lower Saxony, Germany.
11 May 26	Poland: Ørsted and PGE kick off offshore installation of Baltica 2 project Ørsted and PGE are moving ahead with full-scale offshore construction activities on the Baltica 2 project. The first foundations have been successfully installed in the Polish part of the Baltic Sea. With this project, Ørsted and PGE are building Poland’s largest offshore wind farm of 1.5 GW – enough to power 2.5 million Polish households.
11 May 26	Sweden: Hexicon acquires the remaining shares in Mareld Green Energy and becomes sole owner Hexicon has entered into an agreement to acquire the remaining 50 percent of the shares in Mareld Green Energy from its joint venture partner Mainstream Renewable Power. Following the transaction, Hexicon will own 100 per cent of Mareld Green Energy. Through the acquisition, Hexicon will take full ownership and control of Mareld, a strategically important project in the company’s Swedish offshore wind portfolio.
11 May 26	Germany: New WELTEC BIOPOWER website A modern website for international audiences. The new website showcases WELTEC BIOPOWER's 25 years of experience as one of the world’s leading manufacturers of biogas and biomethane plants. In order to increase visibility of its service portfolio and improve access to information, the company has completely overhauled its website.
11 May 26	UK: Industry leaders urge Government to prioritise industrial decarbonisation to protect jobs and energy security Leading industry bodies have warned the Energy Secretary that urgent Government action on industrial decarbonisation is needed. Without it, the UK risks accelerating the decline of its foundational industries, putting jobs, investment and energy security at risk.
11 May 26	Azerbaijan: SOCAR completes the acquisition of Italiana Petroli (IP) from API Holding SOCAR thas announced the completion of the acquisition of 99.82% of the shares of Italiana Petroli (IP) from API Holding. The acquisition reflects SOCAR’s long-term strategy of expanding its integrated energy value chain and strengthening its presence across Europe, with Italy representing a core market within its regional portfolio.
11 May 26	USGS releases assessment of undiscovered oil and gas resources in Bossier Formation of Gulf Coast The U.S. Geological Survey released its assessment of undiscovered gas and oil in the Bossier Formation along the Gulf Coast, assessing that there are technically recoverable resources of 343.5 trillion cubic feet of gas – enough to supply the United States for more than 10 years at the current rate of consumption - as well as 3 million barrels of oil.
11 May 26	Portugal: Electrification can strengthen Portugal’s energy security and economic resilience Portugal is making strong progress in transforming its electricity system, underpinned by range of energy technologies, but further efforts are needed across multiple sectors to realise its ambitious targets, according to a new report by the International Energy Agency.
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. 88 Energy's 20% working interest in PEL93 fully secured, with no remaining earn-in funding or reassignment conditions. Enables 88 Energy to maintain focus on priority Alaskan assets.
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.