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15 May 26
UK: Prosafe SE: Safe Caledonia contract signed with Ithaca Energy for Captain field in the UK
Prosafe has signed a contract for the Safe Caledonia to provide accommodation support for Ithaca Energy at the Captain field in the UK sector of the North Sea for a firm period of 6 months commencing Q2 2027.
15 May 26
TGS | 4C analysis flags rising subsea cable demand and vessel bottlenecks driven by offshore wind growth
Offshore wind growth is accelerating demand for subsea cables, larger installation vessels and more resilient supply chains, creating new pressure points for project delivery through 2030 and beyond.
15 May 26
Predator Oil & Gas announces Placing to raise £3 million
Predator Oil & Gas Holdings, the Jersey based Oil and Gas Company with producing hydrocarbon operations focussed on Trinidad and Morocco, has announced a placing to raise £3 million. The Proceeds of the Placing will be spent on the potential award of Corrib South offshore Ireland and its assets in Trinidad and Morocco.
14 May 26
UK: 'Utterly shameful': Miliband moves to permanently block new North Sea drilling
Labour is set to introduce legislation that would permanently ban new oil and gas drilling licences in the UK, making it significantly harder for future governments to reopen the North Sea to new exploration. The proposed Energy Independence Bill, outlined in Wednesday’s King’s Speech, would place Ed Miliband’s current moratorium on new drilling into law. The legislation would also formally ban onshore fracking.
14 May 26
Taihan secures additional 10,000-ton CLV to enhance submarine turnkey competitiveness
Taihan is enhancing its competitiveness in the submarine cable business by securing an additional large-scale Cable Laying Vessel (CLV). The Company has announced the acquisition of the 10,000-ton class submarine cable installation vessel Skandi Connector from DOF.
14 May 26
Valeura Energy announces Q1 2026 results
Valeura Energy has reported its unaudited financial and operating results for the three month period ended 31 March 2026.
14 May 26
Syria: INA and MOL held constructive talks with Syrian Petroleum Company on re-activation of INA’s operations in Syria
Representatives of INA and MOL Group announced May 8th that they have concluded a series of productive and constructive meetings with a high-level delegation from the Syrian Petroleum Company (SPC). The three-day visit focused on exploring options for the re-activation of INA’s oil and gas operations in Syria.
14 May 26
DOF Group announces sale of Skandi Connector
DOF has agreed to sell the 2016 built cable layer, Skandi Connector. The vessel is planned to be delivered to the new owners in Q3 2026.
14 May 26
Trinidad: Touchstone Exploration reports Q1 2026 results and operational update
Touchstone Exploration reports its operating and condensed financial results for the three months ended March 31, 2026 and provides an operational update.



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