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05 Feb 26	Vestas Annual Report 2025 – Generating value amidst growing uncertainty For the year 2025, Vestas achieved revenue of EUR 18,822m (outlook: EUR 18.5-19.5bn), with an EBIT margin before special items of 5.7 percent (outlook: 5-6 percent), and total investments of EUR 1,251m (outlook: approx. EUR 1.2bn). The value of the combined order backlog across Power Solutions and Service increased to EUR 71.9bn.
05 Feb 26	Boskalis Subsea Services launches collaborative model for North Sea decommissioning Boskalis Subsea Services has introduced The Decommissioning Collective, a collaborative delivery model designed to change how subsea decommissioning is planned and executed in the North Sea. Developed with operator input, it replaces fragmented, project-by-project contracting with a shared framework focused on alignment, efficiency and value across sustained programmes of work.
05 Feb 26	UK: OEUK responds to the impact of adverse North Sea weather on people and supplies for North Sea installations Amid a prolonged bout of severe weather in the UK North Sea, some companies are removing non-essential staff from their sites as supplies are running short.
05 Feb 26	Westwood launches MarineLogix to deliver next-generation offshore vessel intelligence Westwood Global Energy Group, the specialist energy market research and consultancy firm, has announced the launch of MarineLogix, a new offshore vessel intelligence platform covering the global offshore support, service and wind-related fleets serving the energy industry.
05 Feb 26	UK: Keynote speaker at OEUK’s 2026 Health, Safety and Environment Conference to focus on inspiring trust and transformation for safer offshore futures Award-winning safety engineer, author, and international speaker, Dr Mark McBride-Wright, MBE, will provide the keynote speech at OEUK’s 2026 Health, Safety and Environment Conference which takes place at P&J Live in Aberdeen on February 25.
05 Feb 26	UK: Ithaca Energy provides FY 2025 trading update Ithaca Energy, a leading UK independent production and growth company, has provided an unaudited trading update for the year ended 31 December 2025.
05 Feb 26	UK: UK Oil & Gas completes abandonment of Broadford Bridge well UK Oil & Gas (UKOG) has announced that, as part of the Company's commitment to transitioning into clean energy, it has now successfully Plugged and Abandoned its Broadford Bridge-1/1z well.
05 Feb 26	Afentra announces operational and financial update Afentra, an upstream oil and gas company focused on acquiring production and development assets in Africa, has provided an operational and financial trading update for year ended 31 December 2025.
05 Feb 26	Shell announces fourth quarter 2025 results Shell has announced its Q4 2025 results. 2025 was a year of accelerated momentum, with strong operational and financial performance across Shell. The Company generated free cash flow of $26 billion, made significant progress in focusing its portfolio and reached $5 billion of cost savings since 2022, with more to come.
05 Feb 26	DNO exits landmark year prepped for a nervous and frisky market in 2026 DNO, the Norwegian oil and gas operator, has reported a year-on-year doubling of revenues to USD 1,474 million in 2025, boosted by the June acquisition of Sval Energi Group AS in Norway. Cash from operations also more than doubled to USD 929 million, while operating profit increased to USD 513 million. Net profit stood at negative USD 25 million after deducting income tax and net financial expenses.
05 Feb 26	BW Energy Q4 and full year 2025 results BW Energy delivered strong operational performance in the fourth quarter and for the full year 2025, reflected in record high annual production, competitive cost levels and good execution on the development projects, which are expected to deliver industry-leading organic growth in coming years.
04 Feb 26	Guyana: FPSO ONE GUYANA purchase by ExxonMobil Guyana completed SBM Offshore and ExxonMobil Guyana, an affiliate of Exxon Mobil Corporation, have completed the transaction related to the purchase of FPSO ONE GUYANA, ahead of the maximum lease term which would have expired in August 2027. The purchase allows ExxonMobil Guyana to assume ownership of the unit while SBM Offshore will continue to operate and maintain the FPSO up to 2035.
04 Feb 26	Penspen delivers record year with $500m in contract awards in 2025 Penspen, a leading global energy consultancy company, has announced a record year, securing $500 million in new contract awards in 2025, up 120% on 2024. The performance was driven by strong growth across the Middle East, Africa, Europe and the Americas, supported by major energy infrastructure and energy transition programmes.
04 Feb 26	UK: Wood and Kellas Midstream extend operating partnership at the CATS facility Wood has renewed its longstanding contract with Kellas Midstream to continue serving as operating partner (‘Duty Holder’), for the Central Area Transmission System (CATS) at Teesside in the United Kingdom.
04 Feb 26	Kuwait: TotalEnergies and Kuwait Oil Company sign technical cooperation agreement At the opening of the 5th Kuwait Oil & Gas Show and Conference (KOGS), TotalEnergies and Kuwait Oil Company (KOC) signed a Memorandum of Understanding (MoU) to strengthen their cooperation, exchange expertise and conduct technical studies. The MoU notably includes studies related to new exploration opportunities in the country, for which TotalEnergies will mobilize its technical expertise.
04 Feb 26	Qatar: PETRONAS signs 20-year LNG supply agreement with QatarEnergy PETRONAS LNG, a subsidiary of PETRONAS, has signed a 20-year liquefied natural gas (LNG) Sale and Purchase Agreement (SPA) with QatarEnergy, the first long-term LNG supply agreement between the two companies.
04 Feb 26	Equinor fourth quarter and full year 2025 results Equinor delivered an adjusted operating income of USD 6.20 billion and USD 1.55 billion after tax in the fourth quarter of 2025. Equinor reported a net operating income of USD 5.49 billion and a net income of USD 1.31 billion. Adjusted net income was USD 2.04 billion, leading to adjusted earnings per share of USD 0.81.
03 Feb 26	Finder Energy provides an update in relation to the Petrojarl I FPSO Finder Energy has provided an update in relation to the Petrojarl I FPSO. To reduce holding costs, the PJI has been successfully relocated from Las Palmas, Gran Canaria to a lower-cost lay-up facility in Granadilla, Tenerife. The relocation, Finder’s first large-scale infrastructure operation for the Kuda Tasi and Jahal Development Project, was completed safely, with the Skandi Minder contracted to tow the vessel approx. 110km to the Port of Granadilla.
03 Feb 26	Brazil: Petrobras expands oil sales to India During India Energy Week, Petrobras renewed and expanded oil sales contracts with major Indian state-owned refiners. The agreements were signed at the meeting of global energy sector leaders, which took place last week in the city of Goa, India.
03 Feb 26	Germany: TenneT Holding reaches agreement with German government on sale of stake in TenneT Germany TenneT Holding has reached an agreement with Kreditanstalt für Wiederaufbau (KfW), acting on behalf of the German government, on the sale of a 25.1% stake in TenneT Germany for approx. EUR 3.3 billion. This investment strengthens the financial position of TenneT Germany as the owner of strategic infrastructure in Germany.
03 Feb 26	MOL Group and Libya's National Oil Corporation to establish strategic partnership in the oil industry MOL Group has entered into a new strategic partnership with Libya’s National Oil Corporation (NOC). The Memorandum of Understanding sets the foundation for cooperation in hydrocarbons exploration, technological innovation and crude trading.
03 Feb 26	Jadestone Energy announces a trading update for the full year ended 31 December 2025 AIM-listed Jadestone Energy has announced a trading update for the full year ended 31 December 2025. Average Group production reached another annual record of 19,829 boe/d, underpinned by better than expected performance at Akatara.
03 Feb 26	Norway: OKEA Q4 2025 financial results In the fourth quarter of 2025, OKEA delivered operating income of USD 107 (224) million and EBITDA of USD 50 (117) million. The net loss of USD 18 (37) million was largely a result of a significant underlift and impairments. The net cash position was USD 13 (123) million.