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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.
18 May 26
NextEra Energy and Dominion Energy to combine, creating the world's largest regulated electric utility business
NextEra Energy and Dominion Energy have announced that they have entered into a definitive agreement to combine in an all-stock transaction. The combination will create the world's largest regulated electric utility business, fortified by North America's premier energy infrastructure platform and developer.
18 May 26
Norway/Poland: Joint Statement of the Norwegian and Polish Ministers of Energy
The Norwegian and Polish Ministers of Energy reaffirmed today the strong bilateral ties between Norway and Poland in the field of oil and gas, as well as their shared commitment to further strengthening a long-term, reliable, and responsible bilateral partnership.
18 May 26
Cue Energy provides update on Horizon takeover offer
Cue Energy Resources refers to the unsolicited, off-market takeover offer by Horizon Oil to acquire all fully paid ordinary shares in Cue that Horizon does not already hold a relevant interest in.
18 May 26
BW Offshore announces first quarter results 2026
BW Offshore has announced first quarter results 2026. Highlights include: Q1 EBITDA of USD 47.9 million and operating cash flow of USD 43.3 million. Robust balance sheet with USD 568 million in available liquidity. BW Opal production restarted, commissioning and practical completion expected mid-2026. Signed FEED with Equinor for Bay du Nord FPSO and established local office in St. John’s. Extended BW Catcher contract through 2030. Strategic review progressing. Full-year 2026 EBITDA guidance revised to USD 310-340 million.
17 May 26
US: Technip Energies receives Full Notice To Proceed on major EPC contract with Commonwealth LNG in the United States
Technip Energies has received Full Notice To Proceed (FNTP) for a major Engineering, Procurement, and Construction (EPC) contract with Commonwealth LNG, a Caturus company, for its 9.5 Mtpa liquefied natural gas (LNG) export facility in Cameron Parish, Louisiana, United States.



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