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| 27 Oct 26 |
Saipem and Modern Drilling Company join forces to pursue new offshore drilling opportunities |
27 Oct 26![]() |
Brazil: OEG secures seven-year tank deal amid growth in Brazil's offshore sector OEG, a global energy solutions company, has signed a seven-year agreement to supply 50 offshore chemical tanks to a major speciality chemicals company in Brazil, as operators move to lock in long-term access to equipment amid tightening supply. |
27 Oct 26![]() |
UK: Chancellor’s budget could unlock £50 billion investment and drive reindustrialisation The Chancellor should use tomorrow’s Budget as an opportunity to attract £50 billion investment in domestic energy production and drive reindustrialisation, says Offshore Energies UK. It is also a one-off chance to boost growth, strengthen energy security and back UK jobs, the oil, gas, offshore wind and carbon capture. |
27 Oct 26![]() |
Major U.S. Technology Company Selects Baker Hughes’ Power Generation and Cooling Solutions to Scale High-density AI Compute Baker Hughes, an energy technology company, announced Tuesday a major integrated power generation order and a substantial cooling order for a major U.S. technology company’s development for advanced computing. The power generation order was booked in the third quarter of 2026, and the Chart dry coolers in the fourth quarter. |
27 Oct 26![]() |
UAE: Masdar raises US$600 million in highest rated public blue bond corporate offering worldwide Abu Dhabi Future Energy Company PJSC – Masdar, a global clean energy leader, has strengthened and expanded its leadership position in sustainable finance with the issuance of the first blue bond in its US$6 billion Global Medium Term Note Programme. The US$600 million five-year tenor bond is rated AA- by S&P and Fitch, making it the highest rated public blue bond issued globally to date by a corporate. |
27 Oct 26![]() |
Norway: Soiltech secures waste management contract in Norway Soiltech has been awarded a contract by an undisclosed operator to provide waste management services in Norway on a mobile drilling unit. Operations are expected to commence in the second quarter of 2027, with an expected duration of two years. |
27 Oct 26![]() |
UK: Serica Energy announces admission to trading on the Main Market, AIM cancellation and change of TIDM Serica Energy has announced that the Company's ordinary shares are expected to be admitted to the Equity Shares (Commercial Companies) category of the Official List maintained by the Financial Conduct Authority ('FCA') and to trading on London Stock Exchange plc's ('LSE') main market for listed securities at 8:00am today and simultaneously cancelled from trading on AIM. |
27 Oct 26![]() |
Norway: OKEA third quarter 2026 trading update OKEA will publish its financial report for the third quarter of 2026 on 3 November at 06:00 (CET). This trading update is provided to summarise production and sales volumes and related updates for the quarter. |
26 Oct 26![]() |
Dolphin Drilling sells 'Blackford Dolphin' for up to USD 25 million and enters into partnership with SPM Dolphin Drilling sells 'Blackford Dolphin' for up to USD 25 million and enters into partnership with SPM for the management of 'Blackford Dolphin' and one or more additional semi-submersible drilling rigs. |
26 Oct 26![]() |
US: EQT announces Strategic Acquisition of Range Resources, creating America's undisputed Natural Gas Champion EQT Corporation and Range Resources Corporation have announced that they have entered into a definitive merger agreement, under which EQT will acquire Range in an all-stock transaction to create America's leading natural gas company with a pro forma enterprise value over $50 billion. |
26 Oct 26![]() |
Norway: Large volumes of data from the Norwegian Offshore Directorate ready for AI About 92,000 well documents have been converted from PDF format to files that can be read by artificial intelligence (AI). This will provide better and faster analyses of the Norwegian continental shelf (NCS). The 92,000 documents are merely the first phase of the effort to make subsurface data available for AI, analysis tools and digital assistants. With structured information, the companies can work directly with data from documents including geological information, reservoir properties, drilling events, core analyses, liquid properties and test results. |
26 Oct 26![]() |
Galp strengthens results with oil production in Brazil, exports and trading The increase in oil and natural gas production in Brazil to a new record, the strong export performance, and oil and gas trading activities in international markets boosted Galp's adjusted net income (RCA) to €682 million in the 3rd quarter of 2026, and to €1.49 billion in the first nine months of the year. |
26 Oct 26![]() |
Jadestone Energy announces change of substantial shareholder AIM-listed Jadestone Energy, an independent upstream production and development company focused on the Asia-Pacific region, has been formally notified by Prima Energy that Prima Energy has acquired 154,094,444 ordinary shares of £0.001 par value in the Company, representing approx. 28.3% of the Company’s issued share capital. |
26 Oct 26![]() |
UK: Angus Energy provides Q3 2026 Production, Operations, Corporate and Finance Update The Company is pleased with the progress made in executing its strategy to reduce the Group’s debt position while continuing to grow its organic production portfolio. Alongside the significant debt reduction achieved during the quarter, the Company is advancing the planned BRX4Z workover at Brockham and the development of the fourth production well at Saltfleetby. |
26 Oct 26![]() |
Halliburton announces third quarter 2026 results Halliburton Company has announced net income attributable to company of $417 million for the third quarter of 2026 and adjusted net income attributable to company, excluding impairments and other charges and tax adjustments, of $501 million. |
25 Oct 26![]() |
NSTA: UK Oil and Gas Reserves and Resources The NSTA’s estimate for Proven and Probable (‘2P’) UK oil and gas reserves as at end 2025 is 2.5 billion barrels of oil equivalent (‘bn boe’), 0.4bn boe lower than as at end 2024. In 2025, around 380 million boe (‘mmboe’) were produced, and 40 million boe net were added from 2P Reserves. |
25 Oct 26![]() |
SLB announces Q3 2026 Results SLB has announced results for the third-quarter 2026. Revenue of $9.45 billion increased 5% squentially and 6% year on year. Net income attributable to SLB of $735 million decreased 6% sequentially and 1% year on year. Adjusted EBITDA of $2.07 billion increased 9% sequentially and was essentially flat year on year |
25 Oct 26![]() |
Gabon: Borr Drilling reports Prospector 5 Rig incident Borr Drilling confirms that an incident occurred at approx. 20:37 local time on October 24, 2026 involving the Prospector 5 drilling rig while conducting jacking operations offshore Gabon in preparation for a planned drilling campaign. |
25 Oct 26![]() |
US: bp and the State of Louisiana agree to resolve long-standing matters and open a new chapter regarding Deepwater Horizon bp and the State of Louisiana have announced an agreement to resolve two long-standing legacy matters, delivering Deepwater Horizon funds to the state now and resetting the relationship between bp and Louisiana so both can focus on the future. |
25 Oct 26![]() |
USGS releases assessment of undiscovered natural gas resources in Alaska’s North Slope The U.S. Geological Survey released an assessment estimating 96 trillion cubic feet of technically recoverable, undiscovered natural gas resources on Alaska’s North Slope. This is nearly three times the roughly 35 trillion cubic feet (TCFG) of proven gas reserves on the North Slope. |




























