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21 May 26
Australia: APA selects Worley to strengthen Australia’s gas transmission network
APA Group has selected Worley as its engineering partner to support emerging gas transmission and storage projects across its gas transmission network nationally.
21 May 26
Executive Vice-President of the European Commission Teresa Ribera visits Nordex Group’s premises in Hamburg
On May 20, Teresa Ribera, Executive Vice-President of the European Commission for a Clean, Just and Competitive Transition, visited the Nordex Group’s main office and Global Technical Academy in Hamburg.
21 May 26
Argentina: Archer secures contract extensions adding $130 million in contract backlog
Archer has announced the extension of an existing drilling contract in Vaca Muerta, Argentina. The contract has a total estimated value of $130 million, including a firm period extending through October 2028, with an additional two-year optional period through October 2030.
21 May 26
Panoro Energy announces Q1 2026 Trading Statement and Operations Update
Panoro Energy has announced performance in line with previously communicated expectations for the three months ended 31 March 2026. The first quarter was defined by announcement of the transformational acquisition of an additional 40.375 per cent interest in Block G offshore Equatorial Guinea in February, just prior to the increase in global oil prices.
21 May 26
Borr Drilling announces Q1 2026 results
First Quarter total operating revenues of $247.0 million, a decrease of $12.4 million or 5% compared to the fourth quarter of 2025. First Quarter net loss of $29.0 million compared to net loss of $1.0 million in the fourth quarter of 2025. First Quarter Adjusted EBITDA of $88.5 million, a decrease of $16.7 million or 16% compared to the fourth quarter of 2025.
20 May 26
UK energy industry leaders respond to worsening energy crisis
Offshore Energies UK (OEUK) the North Sea energy trade body, held emergency talks with industry leaders to call for a new co-ordinated response to the escalating global energy crisis caused by the war in Iran. The meeting comes as the UK government moves to relax sanctions on Russia imposed since the invasion of Ukraine, allowing the import of jet fuel and diesel from third countries.
20 May 26
Prosafe SE announces operational update April 2026
Prosafe has announced an operational update April 2026. Fleet utilisation for April 2026 was 55%.
20 May 26
Egypt: Capricorn announces ministerial signing of merged concession agreement
Capricorn Energy has announced that the Minister of Petroleum and Mineral Resources has signed the consolidated and amended concession agreement covering eight of the Company's existing Egyptian Western Desert concession agreements in which it has a 50% participating interest held jointly with Cheiron Oil and Gas (the Operator).
20 May 26
UK: Ithaca Energy announces first quarter update and results for the three months to 31 March 2026
Ithaca Energy has announced its unaudited financial results for the three months ended 31 March 2026.
20 May 26
BW Energy announces Q1 2026 and strategy update
BW Energy delivered solid operational performance in the first quarter of 2026, advancing all major development projects on plan and cost. The start to the year has been marked by significant strategic progress, with final investment decision made on the Bourdon development and the Golfinho infill wells project.
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
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
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.



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