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22 Jul 26
Brazil: Vallourec wins a contract with Allseas for Atapu 2 offshore project in Brazil
Vallourec, a world leader in premium seamless tubular solutions, has been awarded a contract by Allseas for the supply of carbon steel seamless line pipes and thermal insulation coating for the Atapu 2 project developed by the Unitized ATAPU consortium operated by Petrobras.
22 Jul 26
Kazakhstan: Eni and KazMunayGas mark First Industrial Electricity from the Gas Power Plant of Kazakhstan Hybrid Power Plant Project
Eni has announced the achievement of First Industrial Electricity from the 120 MW Gas Power Plant, a key component of the 247 MW Mangystau Hybrid Power Plant Project developed in partnership with KazMunayGas and Eni’s subsidiary Plenitude in the Mangystau Region of Kazakhstan.
22 Jul 26
UK: Egg Power buys Yorkshire solar project
egg Power, Liberty Global’s clean energy business, has secured the project rights to Pilmoor Solar Farm in Yorkshire from PS Renewables. Its fifth acquisition sees it acquire the 72MW farm which will generate enough electricity to power 21,000 homes and removing 9,000 tonnes of CO2 emissions annually.
22 Jul 26
UK: Scottish Labour leader Anas Sarwar set for Burnham government role
Scottish Labour leader Anas Sarwar is expected to stand down from Holyrood to join Andy Burnham's UK Government as a business minister. The move would see Mr Sarwar resign as Scottish Labour leader, leave the Scottish Parliament and take a seat in the House of Lords.
22 Jul 26
UK: Renewable power offers best bet for new Energy Secretary to cut bills
Commenting on the appointment of Miatta Fahnbulleh as the new Energy Secretary, and on the departure of her predecessor Ed Miliband, RenewableUK’s CEO Tara Singh said: 'We're looking forward to working closely with Miatta Fahnbulleh and the new Government to achieve what households and businesses across the country want most: lower energy bills, greater energy security and good jobs in every part of the UK.
22 Jul 26
UK: Fahnbulleh promises 'pragmatic' approach to North Sea as unions seek urgent talks
New Energy Secretary Miatta Fahnbulleh has insisted she will take a 'pragmatic' approach to North Sea oil and gas, as unions seek urgent talks over the future of the sector.
22 Jul 26
88 Energy provides quarterly activities and cashflow report
88 Energy has provided a report on its activities in Alaska and Namibia for the quarter ended 30 June 2026.
22 Jul 26
Germany: Vestas announces new 43 MW order in Germany
Vestas has announced a new 43 MW order in Germany, as part of its Q3 order intake. The customer is Eurowind Energy A/S and the project name is Ladenthin. Delivery is planned to begin in Q3 2027, with commissioning scheduled to begin in Q4 2027.
22 Jul 26
Finland: Iberdrola acquires Finland’s largest electricity distribution company, valued at €5 billion
Iberdrola has reached an agreement to acquire Caruna, Finland’s leading electricity distribution company, in a transaction valuing 100% of the company at around €5 billion, including its financial debt.
22 Jul 26
Germany: RWE reports first electricity fed into grid from Nordseecluster A offshore wind farm off German coast
One milestone follows another at the 1.6-gigawatt (GW) Nordseecluster offshore wind project. Yesterday, just a few weeks after the successful installation of the first turbine, electricity was fed into the German grid for the first time.
22 Jul 26
Cote d'Ivoire: Saipem awarded a new offshore drilling contract by Eni Côte d’Ivoire valued at approx. USD 260 million
Saipem has been awarded a new offshore drilling contract by Eni Côte d’Ivoire, valued at approx. 260 million USD. The drillship Santorini will be deployed offshore Côte d’Ivoire for a long-term development drilling campaign, with operations scheduled to begin in early 2027.
22 Jul 26
Australia: Omega Oil & Gas commences transformational Taroom Trough drilling program
Helmerich & Payne FlexRig® 648 has commenced mobilisation to Omega's Canyon-3 well location on the eastern flank of the Taroom Trough, marking the start of Omega’s transformational, fully funded, 2026/27 drilling program.
22 Jul 26
Norway: TGS announces Atlantic Margin South Reprocessing project in the Norwegian Sea
TGS has announced the Atlantic Margin South Reprocessing project, located in the Norwegian Sea. The project area covers more than 23,000 sq kms of 3D data over this underexplored part of the Norwegian continental shelf (NCS).
22 Jul 26
Canada: TGS commences Orphan3D PSDM Phase 2 reprocessing offshore Newfoundland and Labrador
TGS has announced the commencement of the Orphan3D PSDM Phase 2 reprocessing project offshore Newfoundland and Labrador, Canada. The project will upgrade approximately 13,300 km² of 3D seismic data across one of the most prospective exploration regions in the North Atlantic.
22 Jul 26
Equinor announces second quarter 2026 results
Equinor delivered an adjusted operating income of USD 11.48 billion in the second quarter of 2026. Equinor reported a net operating income of USD 12.99 billion and a net income of USD 4.84 billion. Adjusted net income was USD 3.22 billion, leading to adjusted earnings per share of USD 1.33.
21 Jul 26
Halliburton announces second quarter 2026 results
Halliburton Company announced net income of $534 million for the second quarter of 2026 and adjusted net income, excluding 'Impairments and other credits', of $461 million. This compares to net income for the first quarter of 2026 of $461 million. Halliburton's total revenue for the second quarter of 2026 was $5.7 billion, compared to total revenue of $5.4 billion in the first quarter of 2026.
21 Jul 26
UK: Chris O'Shea comment on VAT reduction for energy bills
Chris O'Shea, Group Chief Executive of Centrica, comments on the Government's announcement to remove VAT from household electricity bills from 1 October.
21 Jul 26
UAE: TotalEnergies announces Final Investment Decision (FID) for the Umm Shaif Gas Cap development
TotalEnergies has announced the Final Investment Decision (FID) for the Umm Shaif Gas Cap development in the Umm Shaif and Nasr offshore concession, in which the Company holds a 20% interest alongside ADNOC (60%), CNPC (10%) and ENI (10%), with ADNOC Offshore as operator.
21 Jul 26
UK: Industry urges new Energy Secretary Miatta Fahnbulleh to back homegrown energy over imports
Offshore Energies UK (OEUK) has congratulated Miatta Fahnbulleh on her appointment as Secretary of State for Energy Security and Net Zero and urged her to meet North Sea industry representatives to make clear the new government backs homegrown energy production over growing reliance on imports.
21 Jul 26
UK: Burnham places future of North Sea in the hands of London MP Miatta Fahnbulleh
Andy Burnham has replaced Ed Miliband as Energy Secretary in his first cabinet reshuffle after becoming Prime Minister, appointing first-term Labour MP Miatta Fahnbulleh to the role. Mr Miliband, who frequently clashed with the North Sea sector over his opposition to new oil and gas licences and support for the windfall tax, has instead been appointed Foreign Secretary.
21 Jul 26
UK: Burnham unveils VAT cut on electricity bills as first major policy
Prime Minister Andy Burnham has announced plans to scrap VAT on domestic electricity bills from October 1, saying the move will cut the average annual household bill by around £45. The measure, unveiled on his second day in Downing Street, is expected to cost £850 million in 2026/27 and is the first in a series of economic announcements expected from the new government.
21 Jul 26
Australia: Yanara secures EUR150 million investment from Mirova to accelerate utility-scale renewable energy development in Australia
Yanara, a pioneering renewable energy leader across the Asia-Pacific region, has secured EUR 150 million investment from global asset manager Mirova, an affiliate of Natixis Investment Managers dedicated to sustainable investing, to accelerate the development of its utility-scale renewable energy portfolio in Australia.
21 Jul 26
Eni and PETRONAS' Searah JV will reshape Southeast Asia's upstream landscape
Eni and PETRONAS' launch of Searah, a new 50:50 strategic venture spanning 19 upstream assets across Indonesia and Malaysia, has the potential to reshape Southeast Asia's upstream sector, according to new analysis from Wood Mackenzie.
21 Jul 26
US wind greenfield outlook lifts 5% as developers target more than 53 GW of overall wind additions through 2030
The US wind industry is on track to connect more than 53 gigawatts (GW) of capacity through 2030, as a surge in construction activity prompts Wood Mackenzie to raise its five-year greenfield outlook by 5% quarter-on-quarter, according to the US Wind Energy Monitor Q2 2026 report released today by Wood Mackenzie.
21 Jul 26
Ghana: TGS signs agreement with the Petroleum Commission, Ghana, for Gulf of Guinea 2D-cubed project
TGS has announced the signing of an agreement with the Petroleum Commission, Ghana, to create a new offshore 2D-cubed project across the Keta Basin, offshore Ghana, giving explorers a single, unified subsurface view of one of Africa’s most promising underexplored margins.
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