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24 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. |
22 May 26 |
Oil above US$100/bbl revives windfall tax debate across four continents Oil prices above US$100 per barrel have triggered windfall tax proposals in Brazil, the EU, the US, and Australia. A new Wood Mackenzie report warns that fiscal policy design has a long-term impact on Upstream investment and production. |
22 May 26 |
Sound Energy announces final results for the year ended 31 December 2025 Sound Energy, the transition energy company, has announced its audited final results for the year ended 31 December 2025. |
22 May 26 |
Zenith Energy announces sale of ZEN-260 drilling rig for US$4.3 million Zenith Energy, the listed international energy production and development company, has provided an update regarding the sale of its fully owned ZEN-260 onshore drilling rig. |
22 May 26 |
UK: Well-Safe Solutions launches Well Operatorship capability with new contract Well-Safe Solutions has been awarded a new contract to provide full Well Operatorship and asset execution for an un-named client in the UK North Sea. The contract marks a pivotal moment for Well-Safe Solutions in expanding the company’s service offerings – taking advantage of Tier 1 capabilities to provide fully integrated well lifecycle services. |
22 May 26 |
Nigeria: Weatherford awarded deepwater integrated completions contract with ExxonMobil in Nigeria Weatherford International has been awarded a deepwater integrated completions contract by Esso Exploration & Production Nigeria Ltd. ('EEPNL'), an ExxonMobil affiliate, for offshore Nigeria. |
