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16 Jan 26 |
Argentina: Archer signs agreement with Patterson-UTI to lease two high spec drilling rigs for the Vaca Muerta field in Argentina Archer and Patterson-UTI have entered into an agreement for Archer to rent 2 high spec drilling rigs from Patterson-UTI. These rigs are designed to optimize drilling efficiency in non-conventional fields such as the Vaca Muerta shale formation and will be deployed under Archer’s recently announced seven-rig drilling contract with YPF. |
16 Jan 26 |
UK: New poll: Scots want reliable energy and fair taxes for oil and gas sector Most Scots want a continued role for the oil and gas sector with fairer taxes for UK energy companies, according to a major new poll. Voters are in favour of expanding renewables while maintaining the existing North Sea industry, prioritising lower prices for households and growth in industrial jobs. Scots also believe offshore energy is the most important sector for the nation’s economy. |
16 Jan 26 |
Norway: Aker BP – Fourth quarter 2025 trading update Aker BP has provided preliminary production and sales figures for the quarter and the full year. Aker BP’s net production (working interest) averaged 410.6 thousand barrels of oil equivalent per day (mboepd) in the fourth quarter. |
16 Jan 26 |
BW Energy announces Q4 2025 operational update Net production attributable to BW Energy was 2.3 million barrels of oil (mmbbls) in the fourth quarter of 2025, equivalent to 25.2 thousand barrels of oil per day (kbopd), from the Dussafu field in Gabon (73.5% working interest) and the Golfinho field in Brazil (100% working interest). |
15 Jan 26 |
US: RWE and Glenfarne sign 20-year supply agreement for Liquefied Natural Gas from the U.S. RWE Supply & Trading, and Texas LNG Brownsville LLC, part of Glenfarne Group, have signed a 20-year sales and purchase agreement for one million tonnes per annum (MTPA) of liquefied natural gas (LNG). |
15 Jan 26 |
Australia: Woodside executes JERA winter contract Woodside Energy Trading Singapore Pte Ltd (Woodside) has announced the execution of a Sale and Purchase Agreement (SPA) with JERA Co., Inc. for the supply of three liquefied natural gas (LNG) cargoes (approx. 0.2 million tonnes) per year during Japan’s peak winter period for five years, commencing in 2027. |
15 Jan 26 |
UK: NSTA issues fines to two companies totalling £350,000 The North Sea Transition Authority (NSTA) has handed down fines totalling £350,000 to a pair of North Sea operators as it continues to take a firm line on breaches of emissions limits and on well decommissioning. CNR International’s £250,000 penalty is for exceeding venting limits twice in the same year on the same fields, while NEO has been fined £100,000 for attempting to fully abandon a well without the required consent to undertake the work. |
15 Jan 26 |
VAALCO Energy provides positive operational and financial update VAALCO Energy has provided an operational and financial update including production and sales volumes for 2025, a successful drilling update in Gabon and Egypt, positive accounts receivables update and its increased cash at bank as of December 31, 2025. |
14 Jan 26 |
SLB completes acquisition of RESMAN Energy Technology SLB has completed the acquisition of RESMAN Energy Technology, a leading provider of wireless reservoir surveillance and tracer solutions. The addition of RESMAN’s specialized tracer technology further strengthens SLB’s industry leading portfolio of advanced production and recovery solutions. |
14 Jan 26 |
BP announces Q4 2025 trading statement BP has announced a Q4 2025 trading statement, which provides a summary of BP’s current estimates and expectations for the fourth quarter of 2025, including data on the economic environment as well as group performance during the period. |
14 Jan 26 |
Bahrain: TotalEnergies and Bapco Energies launch BxT Trading, a new player in the trading of petroleum products in the Middle East TotalEnergies and Bapco Energies are launching BxT Trading, an equally owned trading joint venture backed by flows from Bapco Energies’ Refinery. |
14 Jan 26 |
UK: Jersey Oil and Gas provides corporate update AIM-listed Jersey Oil & Gas, an independent upstream oil and gas company focused on the UK Continental Shelf region of the North Sea, has provided a corporate update and outlook for the year ahead. |
