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28 May 26![]() |
Norway: DeepOcean awarded subsea contracts by Equinor Global ocean services provider DeepOcean has been awarded a significant subsea contract package by Equinor for multiple fields on the Norwegian continental shelf, including the Barents Sea, with offshore work spanning 2027-28. The contract package includes subsea work scope at the Visund field in the North Sea, the Johan Castberg field in the Barents Sea, and an option for potential work at the Snorre A subsea field in the North Sea. |
28 May 26![]() |
UK: 'Use what is left of our North Sea oil and gas resources' says Tony Blair' Aberdeen & Grampian Chamber of Commerce has welcomed Tony Blair’s major intervention, as he sets out what the party he once led must do to retain power and get Britain back on track. In a 5,600 word essay the former Prime Minister put the need for a more pragmatic approach on North Sea oil and gas front of centre among a set of policy priorities required to deliver growth. |
28 May 26![]() |
Prospex Energy announces Final Results for Y/E 31 December 2025 Prospex Energy, an AIM quoted investment company, has announced its audited Final Results for the year ended 31 December 2025. |
28 May 26![]() |
Trinidad: Touchstone Exploration provides an operational update Touchstone Exploration has provided an update on its recent operational activities in the Republic of Trinidad and Tobago. |
28 May 26![]() |
Mongolia: Petro Matad announces operational update Petro Matad, the AIM quoted Mongolian oil company, has provided an operational update. PetroChina has advised that the 2026 Oil Sales Agreement will be approved imminently. Production from Heron-1 and Gazelle-1 continues in line with forecast. Work is continuing on the 200MW Hybrid renewable energy project. |
28 May 26![]() |
SBM Offshore’s Seawater Intake Riser (SWIR) technology receives ABS Statement of Maturity SBM Offshore announces that American Bureau of Shipping (ABS) has released the Statement of Maturity for its Seawater Intake Riser (SWIR) technology. Developed in collaboration with Shell, the SWIR technology features an innovative technique to pump colder seawater from approx. 700 meters below the ocean’s surface up to an FPSO’s topsides to be used for cooling purposes. |
27 May 26![]() |
Enilive publishes its new Sustainability Report and 2025 Financial Statements Enilive, a subsidiary of the Eni group, specializing in energy distribution and sustainable mobility, including aviation, has published its new Sustainability Report, Enilive For 2025, together with the Financial Statements as of 31 December 2025. |
27 May 26![]() |
Colombia: Arrow Exploration announces Q1 2026 Interim Results Arrow Exploration, the high-growth operator with a portfolio of assets across key Colombian hydrocarbon basins, has announced the filing of its Interim Condensed (unaudited) Consolidated Financial Statements and Management's Discussion and Analysis ('MD&A') for the three months ended March 31, 2026. |
27 May 26![]() |
Europa Oil & Gas announces final results for the 17-months to 31 December 2025 Europa Oil & Gas (Holdings), the AIM traded West Africa, UK and Ireland focused oil and gas exploration, development and production company, has announcesd its final audited results for the 17-month period ended 31 December 2025. |
27 May 26![]() |
SBM Offshore’s Seawater Intake Riser (SWIR) technology receives ABS Statement of Maturity SBM Offshore has announced that American Bureau of Shipping (ABS) has released the Statement of Maturity for its Seawater Intake Riser (SWIR) technology. Developed in collaboration with Shell, the SWIR technology features an innovative technique to pump colder seawater from approximately 700 meters below the ocean’s surface up to an FPSO’s topsides to be used for cooling purposes. |
26 May 26![]() |
Petrofac completes sale of Petrofac Emirates to a consortium of financial investors Petrofac has announced the successful completion of the sale of Petrofac Emirates to a consortium of financial investors led by Mason Capital Management LLC and Pearlstone Alternative (UK) LLP. Petrofac Emirates encompasses Petrofac's core Engineering & Construction (E&C) capability in the UAE. |
26 May 26![]() |
Namibia/South Africa: Impact Oil & Gas announces strategic reorganisation to unlock value and drive targeted investment Impact Oil & Gas, a privately owned, Africa-focused exploration company, has entered into a share purchase agreement ('SPA') with IOG Energies, a newly incorporated and wholly owned subsidiary of Deepkloof, Impact’s majority shareholder, to effect a corporate reorganisation supported by both Deepkloof and Impact’s second largest shareholder, Meren Energy. |
26 May 26![]() |
Namibia/South Africa: Meren Energy announces corporate restructuring of Impact Oil & Gas Meren Energy notes and supports the corporate restructuring announced by its investee company, Impact Oil & Gas, to create a pure-play Namibia-focused development and exploration business. The Transaction has been approved by Impact and is intended to align the interests of its shareholder base around a streamlined and more focused portfolio. |
26 May 26![]() |
bp Chair removed The Board of bp has announced today that it has unanimously decided that Albert Manifold should no longer serve as Chair and Director with immediate effect. This follows serious concerns raised to the Board related to important governance standards, oversight and conduct. |
26 May 26![]() |
UK: Study reveals how offshore structures can help - or hinder - marine ecosystems A new international review has shed light on how offshore energy structures - from oil and gas platforms to wind turbines - shape marine ecosystems and the benefits they provide to society. |
26 May 26![]() |
Australia: Reach Subsea signs MoA with Beacon Offshore in Australia Reach Subsea has entered into a Memorandum of Agreement (MoA) with Beacon Offshore, establishing a strategic partnership to jointly pursue subsea projects in Australian waters. |
26 May 26![]() |
UK: Nine in 10 energy firms say North Sea still has long-term future – if UK Gov backs industry Aberdeen & Grampian Chamber of Commerce has warned that the UK is in danger of accelerating the decline of the North Sea unnecessarily, despite overwhelming industry belief that the basin still has a long-term future under the right conditions. |
26 May 26![]() |
Morocco: Sound Energy reports conditional sale of Sound Energy Meridja and relinquishment of Arran Energy's exploration interests Sound Energy has entered into a binding Sale and Purchase Agreement for the divestment of the Company's interests in the Tendrara Exploitation Concession (20%), onshore Morocco, by way of the disposal of the entire share capital of Sound Energy Merijda Limited to Managem SA. In addition, the Company announces the relinquishment of its 27.5% interest in the Anoual Exploration Permit and the waiving of any subsisting rights in the Grand Tendrara Exploration Permit. |
26 May 26![]() |
Union Jack Oil announces Final Results for the Year Ended 31 December 2025 AIM-listed Union Jack Oil, a UK and USA focused onshore hydrocarbon production, development, exploration and investment company, has announced its audited results for the year ended 31 December 2025. |
26 May 26![]() |
UK: Reeves launches fresh oil and gas tax raid to fund support package Chancellor Rachel Reeves has announced a fresh tax raid on oil and gas companies, scrapping rules that allowed firms to offset UK trading profits against losses made by overseas subsidiaries. |






























