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22 May 26	Oil above US$100/bbl revives windfall tax debate across four continents Oil prices above US$100 per barrel have triggered windfall tax proposals in Brazil, the EU, the US, and Australia. A new Wood Mackenzie report warns that fiscal policy design has a long-term impact on Upstream investment and production.
22 May 26	Archer acquires isol8 to advance subsea and rigless P&A capabilities Archer has signed a share purchase agreement to acquire isol8, an innovative well technology company that specialises in alloy-based barrier solutions and advanced materials for use in well completions, intervention, and plug and abandonment (P&A).
22 May 26	Namibia: ReconAfrica announces Q1 filings - Production testing at Kavango West 1X proceeding on schedule Reconnaissance Energy Africa (ReconAfrica) has announced the filing of its fiscal first quarter disclosure documents for the three-month period ended March 31, 2026 and provides a production test update for the Kavango West 1X ('KW1X') discovery.
22 May 26	Turkey: Nordex Group starts production at new blade manufacturing facility in Türkiye The Nordex Group has successfully started production at its new blade manufacturing facility in Menemen, Izmir (Türkiye) in May 2026, further strengthening the continuous growing demand for high-efficiency onshore wind turbines in the country.
22 May 26	UK: Reformed environmental rules for offshore wind farms are a win-win for nature conservation and the renewable energy sector RenewableUK’s Head of Environment and Consents Kat Route-Stephens comments on reformed environmental legislation for offshore wind farms published by the Department for Environment, Food and Rural Affairs (Defra) which comes into effect today.
22 May 26	UK: Polling shows British public places higher importance on new infrastructure to boost energy security rather than visual impact of new projects New polling across England, Scotland and Wales shows strong public backing for the UK’s energy infrastructure programme, with clear priorities centred on jobs, climate change and economic strength, rather than visual appearance.
22 May 26	Qatar: Wood awarded detailed design scope for Bul Hanine redevelopment Wood has been awarded a contract by China Offshore Oil Engineering Company (COOEC) to deliver a scope of detailed design for QatarEnergy’s Bul Hanine EPIC2 project, located offshore Qatar.
22 May 26	Sound Energy announces final results for the year ended 31 December 2025 Sound Energy, the transition energy company, has announced its audited final results for the year ended 31 December 2025.
22 May 26	Zenith Energy announces sale of ZEN-260 drilling rig for US$4.3 million Zenith Energy, the listed international energy production and development company, has provided an update regarding the sale of its fully owned ZEN-260 onshore drilling rig.
22 May 26	UK: Well-Safe Solutions launches Well Operatorship capability with new contract Well-Safe Solutions has been awarded a new contract to provide full Well Operatorship and asset execution for an un-named client in the UK North Sea. The contract marks a pivotal moment for Well-Safe Solutions in expanding the company’s service offerings – taking advantage of Tier 1 capabilities to provide fully integrated well lifecycle services.
22 May 26	Nigeria: Weatherford awarded deepwater integrated completions contract with ExxonMobil in Nigeria Weatherford International has been awarded a deepwater integrated completions contract by Esso Exploration & Production Nigeria Ltd. ('EEPNL'), an ExxonMobil affiliate, for offshore Nigeria.
21 May 26	EnerMech and Optilift enter global crane operations collaboration EnerMech has signed a global multi-year collaboration agreement with Optilift, a Norway-based technology company, to deliver safer, more efficient and less weather dependent crane and lifting operations across the energy sector.
21 May 26	Indonesia: Eni strengthens its global LNG strategy with long-term supply agreements in Indonesia Eni signed three long term agreements with the LNG sellers of South Hub and North Hub gas projects, both operated by Eni with a material participating interest averaging in excess of 80% across the 2 hubs, for the purchase of liquefied natural gas in Indonesia. These contracts further strengthen Eni’s global LNG portfolio and reinforce Indonesia’s role as a strategic supplier to regional and international markets.
21 May 26	QatarEnergy signs MoU for gas cooperation with Egypt in the Eastern Mediterranean QatarEnergy signed a Memorandum of Understanding (MoU) with the Government of the Arab Republic of Egypt and ExxonMobil to study enabling the potential development and commercialization of gas discoveries in Cyprus through Egypt’s existing gas and LNG export infrastructure.
21 May 26	Norway: Equinor aims to continue growing after 50 years in Northern Norway Equinor is marking 50 years of operations in Northern Norway. After five decades of investment and value creation, the company is planning for high activity and growth in the region for many decades to come.
21 May 26	Australia: Moomba CCS project achieves historic emissions reduction milestone Santos’ Moomba Carbon Capture and Storage (CCS) project has achieved a significant milestone in Australia’s decarbonisation efforts, recording two million tonnes of CO2e safely and permanently stored in just over 18 months of operation.
21 May 26	Eni CCUS Holding expands the financing sources for its platform of CCS projects Eni and Global Infrastructure Partners ('GIP'), a part of BlackRock, strategic partners in Eni CCUS Holding, announce that Eni CCUS Holding is expanding its financing sources to strengthen its Carbon Capture & Storage (CCS) project platform.
21 May 26	US: Devon Energy enhances Permian inventory in Federal Lease Sale Devon Energy Corporation has announced the successful acquisition of 16,300 net undeveloped acres in the core of the Delaware Basin in Lea and Eddy Counties, New Mexico, for approx. $2.6 billion, or approx, $161,500 per net acre, through the Bureau of Land Management ('BLM') Oil and Gas Lease Sale. This acquisition bolsters the premier Delaware Basin positions in the industry, extends inventory life, and is accretive to net asset value per share.
21 May 26	US: Department of the Interior oil and gas lease sale in New Mexico and Texas generates over $4 billion The Department of the Interior generated over $4 billion in total receipts from a Bureau of Land Management oil and gas lease sale in New Mexico and Texas, underscoring strong industry demand for domestic energy development on public lands. The Bureau of Land Management leased 74 parcels totaling 33,530 acres during the quarterly lease sale.
21 May 26	Italy: RWE starts construction of 42-megawatt onshore wind farm in Italy RWE has started construction of the Serra Giannina onshore wind farm, which is located in the municipality of Potenza, in the Basilicata region. The project, which was awarded in last year’s FER-X auction, will have an installed capacity of 42 megawatts (MW).
21 May 26	GoM: Shell’s Mars platform reaches historic 1 billion barrel milestone in Gulf of America Shell’s Mars platform in the Gulf of America has reached a historic milestone, becoming the first offshore asset in the United States to produce one billion barrels of oil over its lifetime. Mars revolutionized the deep-water industry when it came online three decades ago and continues to play a pivotal role in strengthening energy security for both Louisiana and the nation.
21 May 26	Pakistan: OGDC chooses Sercel wireless nodal technology Sercel has announced the sale and delivery of 12,000 nodes of its WiNG wireless nodal system to OGDC, Pakistan's largest national oil & gas company. This new contract to equip a 3D seismic survey in the south of Pakistan marks OGDC’s first adoption of land nodal seismic acquisition technology.
21 May 26	Germany: Return of offshore wind areas: BWO presents proposal to secure the expansion path at conference The German Offshore Wind Energy Association (BWO) is calling for a legally regulated mechanism for the voluntary return and rapid retendering of offshore wind energy sites. The aim is to clarify potential non-implementation cases early on in order to avoid years of blocked sites and grid connection capacities. This should limit damage to the expansion path, supply chains, and Germany's industrial base.
21 May 26	Indonesia: INPEX awarded exploration rights offshore Eastern Java, Indonesia INPEX CORPORATION has jointly been awarded rights to explore the Barong Working Area located offshore Eastern Java in Indonesia as part of the second Indonesia Petroleum Bidding Round 2025 hosted by the Ministry of Energy and Mineral Resources of Indonesia.
21 May 26	Australia: APA selects Worley to strengthen Australia’s gas transmission network APA Group has selected Worley as its engineering partner to support emerging gas transmission and storage projects across its gas transmission network nationally.