energy-pedia news
Search energy-pedia news by selecting date, type, and region from the drop-down boxes
The full News Archive is available to Corporate Subscribers only. Non-Subscribers can access up to four years of archived news. For details of how to subscribe click here.
22 Feb 26 |
UK: New analysis shows untapped UK domestic gas reserves are double government estimate Offshore Energies UK (OEUK) has submitted a robust response to the government’s consultation on how best to manage the future of the UK’s gas sector. The response from OEUK, submitted to the Government this week, shows why this undervalues the potential of the UK Continental Shelf (UKCS): recoverable gas reserves amount to 456 billion cubic metres (bcm), more than six times the UK’s annual requirement and more than double the NSTA’s production projection of 226 bcm between 2025-2050. |
22 Feb 26 |
Transocean issues quarterly Fleet Status Report Transocean has issued a quarterly Fleet Status Report that provides the current status of, and contract information for, the company’s fleet of offshore drilling rigs. As of February 19, 2026, the company’s total backlog is approximately $6.1 billion. |
22 Feb 26 |
Norway: Norwegian Offshore Directorate reports high production and increase in petroleum resources According to the Resource Accounts for 2025, oil production on the Norwegian continental shelf (NCS) in 2025 was the highest since 2009. The Resource Accounts show high production of both liquids and gas, and that resource growth is replacing 60 per cent of production. |
20 Feb 26 |
Tullow Oil issues statement in advance of the Group's 2025 full year results Tullow Oil has issued a statement in advance of the Group's 2025 full year results. The Company reports a 2025 working interest production of approx. 40.4 kboepd, with revenue of around $847 million. |
20 Feb 26 |
Borneo/North Sumatra: Upland Resources completes successful fundraise for high-impact Borneo and North Sumatra opportunities Upland Resources Limited has successfully completed a £2.0 million fundraise, with £0.5 million from strategic and existing shareholders and £1.5 million from directors and management, to secure participation in high-impact onshore licence opportunities in Borneo and Northern Sumatra. The company also secured a US$100 million strategic funding commitment for asset advancement. |
20 Feb 26 |
AKOFS Offshore signs contract for Aker Wayfarer Akastor ASA's 66.7% owned affiliate AKOFS Offshore has signed a firm contract for its vessel 'Aker Wayfarer' following a competitive tender process. The vessel will continue to perform services as a Subsea Equipment Support Vessel (SESV) for Petróleo Brasileiro S.A. (Petrobras) in Brazil. |
20 Feb 26 |
PetroNor E&P: Interim financial report for the quarter ended 31 December 2025 In the fourth quarter, PetroNor E&P completed a lifting and sale of 540,000 bbls of entitlement oil, generating USD ~33 million in cash. Production rate increased with the conclusion of the infill drilling campaign, bringing the 2025 net exit rate to 5,400 bopd. |
19 Feb 26 |
Australia: Fugro completes artificial reef installation for Woodside and Recfishwest Fugro has successfully installed an artificial reef off the coast of Dampier, Western Australia, on behalf of Woodside Energy and Recfishwest, creating a new habitat to support local fish species and enhance recreational fishing opportunities for the community. |
