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19 May 26	McDermott announces first quarter 2026 results McDermott International has announced financial results for the first quarter 2026. For the three months ended March 31, 2026, revenue was $2.4 billion; adjusted EBITDA was $117 million; and cash flow used in operating activities was $126 million. Backlog at quarter end was $17.6 billion. Trailing twelve months adjusted EBITDA was $489 million.
19 May 26	New Zealand's gas reserves decline to lowest level on record Annual petroleum reserves data released today by the Ministry of Business, Innovation and Employment (MBIE) shows as of 1 January 2026 New Zealand’s natural gas proven plus probable (2P) reserves declined 23% from last year to 731 petajoules (PJ), the lowest level since recording began 20 years ago.
19 May 26	Norway: Statkraft to reinvest in Norwegian hydropower Statkraft has announced updated estimates for investments in Norwegian power generation and plans to invest around NOK 80 billion over the next ten years. This positions the company as one of the largest contributors to new industrial activity in mainland Norway in the years ahead, with projects distributed across the entire country.
19 May 26	Germany: RWE builds further solar park and new battery storage facility at Hambach opencast mine RWE has begun construction on a large utility-scale solar plant in the Rhein-Erft district. The 'Manheimer Bucht' solar park is being built within the Hambach opencast mine, in the municipality of Kolpingstadt Kerpen. A total of 25,300 solar modules are being installed in an area the size of around 20 football pitches.
19 May 26	Ireland: Irish wind farms protect consumers from rising gas prices in April A record April for Irish wind farms helped to limit the average wholesale electricity price rise to just two per cent last month, despite significant pressure from rising gas prices.
19 May 26	UK: OnPath Energy progressing £1billion southern Scotland investment plans with new South Lanarkshire onshore wind agreement Leading renewables developer OnPath Energy is progressing its plans to invest around £1 billion in Southern Scotland over the next five years by partnering with Wilson Forest Products on three new onshore wind farms in South Lanarkshire.
19 May 26	Denmark: International Stillstrom-led consortium secures €5 million EU Horizon funding for offshore vessel charging pilot in Denmark An international consortium led by Stillstrom by Maersk has secured €5 million from the European Union’s flagship Horizon Europe research and innovation programme. The funding will be used for project SPARK, to develop and demonstrate offshore charging infrastructure for stationary vessels at anchor with their engines running.
19 May 26	UK: North Sea Midstream Partners celebrates a decade of ownership at St Fergus North Sea Midstream Partners (NSMP) is celebrating ten years of ownership of the St Fergus Gas Terminal and the FUKA and SIRGE pipeline systems. NSMP acquired the assets in 2016, growing its existing business to become a leading independent gas transportation and processing infrastructure company in the North Sea.
19 May 26	Archer reports growth and reconfirms guidance for the year Archer reports another strong quarter and confirms quarterly cash distribution to shareholders, corresponding to an annualized yield of roughly 9%. For Q1, Archer reports revenue of $278.4 million and adjusted EBITDA of $41.1 million, representing a YOY-growth of 15% and 18% respectively, when excluding the divested workover business in Argentina from 2025 financials.
19 May 26	Australia: OX2 starts construction of 135 MWac solar power and 100 MW BESS in Australia OX2 is commencing construction of the Muswellbrook Solar Farm & Battery project in Australia, comprising 135 MWac of solar generation and 100 MW of battery storage (BESS).
19 May 26	Germany: Nordex Group receives new orders totaling 82 MW from Westfälisch-Niedersächsische Energie WNE in Germany The Nordex Group has received new orders from Westfälisch-Niedersächsische Energie GmbH & Co. KG (WNE) in Germany for the supply and installation of twelve N175/6.X wind turbines. The turbines, each with a hub height of 179 meters, will be installed across three projects in the district of Höxter in North Rhine-Westphalia. The total capacity of the orders amounts to 82 MW.
19 May 26	Jadestone Energy announces 2025 full-year results AIM-listed Jadestone Energy, an independent upstream company and its subsidiaries, focused on the Asia-Pacific region, reports its consolidated audited financial statements as at and for the financial year ended 31 December 2025.
19 May 26	Nexans marks official handover of cable-laying vessel CLV Nexans Electra Nexans, global pure player in sustainable electrification, has announced the official handover of its newest cable-laying vessel, CLV Nexans Electra. The milestone marks a significant step in the Group’s strategic expansion of its subsea installation capabilities.
19 May 26	Boskalis invests in 24,000 ton high-end Cable Lay Vessel to support the energy transition Boskalis has announced its decision to invest in a state-of-the-art high-capacity Cable Lay Vessel (CLV), further strengthening its position in the offshore energy market and in support of the global transition to renewable energy.
19 May 26	UK: Shearwater awarded Adura Jackdaw OBN seismic project in the North Sea Shearwater Geoservices has been awarded an ocean bottom node (OBN) seismic acquisition project for the Jackdaw field in the UK sector of the North Sea by Adura Operations Limited. The two-month survey will deliver high-resolution OBN data to support reservoir understanding across the Jackdaw field.
19 May 26	Ireland: Wind is biggest contributor to Ireland’s fuel mix in April with almost 50% of electricity generated by renewables Just under 40% (38%) of all electricity was generated by wind last month, making it the biggest contributor to Ireland’s fuel mix in April, according to new provisional data from EirGrid.
18 May 26	Austria: OMV starts production of Austria’s largest natural gas discovery in 40 years OMV has announced the start of gas extraction from the Wittau well, in Austria. Discovered three years ago, Wittau is OMV’s most important gas find in recent decades.
18 May 26	Türkiye: RES completes sale of Topaz Wind Farm to Reges Elektrik ES, the world’s largest independent renewable energy company, has announced the successful sale of the Topaz Wind Energy Project in Türkiye. The Topaz project was awarded to RES under the wind capacity tender organized by the Turkish Electricity Transmission Corporation (TEIAS) in 2017.
18 May 26	NextEra Energy and Dominion Energy to combine, creating the world's largest regulated electric utility business NextEra Energy and Dominion Energy have announced that they have entered into a definitive agreement to combine in an all-stock transaction. The combination will create the world's largest regulated electric utility business, fortified by North America's premier energy infrastructure platform and developer.
18 May 26	Norway/Poland: Joint Statement of the Norwegian and Polish Ministers of Energy The Norwegian and Polish Ministers of Energy reaffirmed today the strong bilateral ties between Norway and Poland in the field of oil and gas, as well as their shared commitment to further strengthening a long-term, reliable, and responsible bilateral partnership.
18 May 26	Norway/UK: Viridien launches dense multi-client OBN survey across the Frigg area of the North Sea Building on the success of its ocean bottom node (OBN) surveys in the North Sea, Viridien has announced the commencement of a dense multi-client OBN survey covering 645 km2 in the Frigg area of the North Sea, straddling the UK and Norwegian sectors. Final processed deliverables will be available in Q3 2027.
18 May 26	GWEC records sharp rise in wind turbine installations, as five OEMs exceed 100 GW Five wind turbine manufacturers have now surpassed the 100+ gigawatts installed milestone, demonstrating the growing experience and track-record of the wind industry at a time of increasing demand for renewable energy, according to data published May 14 by the Global Wind Energy Council.
18 May 26	Italy: European Energy begins construction on Italy’s largest agrivoltaic project European Energy has started construction on a 225.5 MW agrivoltaic project near Vizzini in Sicily, following a final investment decision exceeding EUR 200 million. The project is expected to become Italy’s largest agrivoltaic plant and one of the largest in Europe.
18 May 26	UK: Conservatives to force Commons vote on North Sea drilling The Conservatives will force a Parliamentary vote calling on the UK Government to approve the Rosebank and Jackdaw oil and gas developments and back new North Sea drilling. The move comes through an amendment to the King’s Speech urging ministers to reverse opposition to new oil and gas licences and introduce a presumption in favour of approval.
18 May 26	DNV launches coordinated standards to improve safety and reliability of floating solar DNV has published two new standards aimed at improving the safety, reliability and long-term performance of floating solar photovoltaic (FPV) systems, supporting the rapid global growth and expansion of renewables.