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08 May 26
Brazil: Weatherford wins managed pressure drilling and subsea intervention contracts with Constellation Oil Services offshore Brazil
Weatherford International has been awarded two contracts with Constellation Oil Services to support offshore operations in Brazil, strengthening its long-standing presence in the country’s deepwater market.
08 May 26
Peru: PetroTal, a publicly-traded oil and gas development and production company focused on the development of oil assets in Peru
PetroTal, a publicly-traded oil and gas development and production company focused on the development of oil assets in Peru, has reported its operating and financial results for the three months ended March 31, 2026.
07 May 26
US: Devon Energy and Coterra Energy complete merger
Devon Energy and Coterra Energy have announced the successful completion of their previously announced all-stock merge, creating a premier large-cap shale operator with a high-quality asset base anchored by a leading position in the economic core of the Delaware Basin.
07 May 26
Shell announces first quarter 2026 results
Shell has released its first quarter results and first quarter interim dividend announcement for 2026. Q1 2026 Adjusted Earnings of $6.9 billion reflect strong performance across the business. CFFO excluding working capital was $17.2 billion for the quarter. Working capital outflow of $11.2 billion in Q1 2026 reflects impact of unprecedented volatility in commodity prices.
07 May 26
Genel Energy announces trading and operations update Q1 2026
Genel Energy has issued a trading and operations update relating to Q1 2026, ahead of the Company's Annual General Meeting, which is being held today.
07 May 26
UK: Centrica completes acquisition of 850MW Severn power station
Centrica has announced the acquisition of the Severn Combined-Cycle Gas Turbine (CCGT) power station in South Wales from Calon Energy Group for approximately £370 million.
07 May 26
Panoro Energy provides an operational and financial update in advance of its Q1 2026 results
Panoro Energy, a Norwegian-listed independent E&P Company, with production, development and exploration assets in West and North Africa and exploration assets in South Africa, has provided an operational and financial update in advance of its Q1 2026 results which are scheduled for release on 21 May 2026
07 May 26
North Sea performance lifts DNO profits
DNO, the Norwegian oil and gas operator, today reported strong first-quarter results driven by record North Sea production and sharply higher March oil and gas prices. Operating profit surged 60 percent quarter-on-quarter to USD 284 million on revenues of USD 627 million, up 30 percent. Net profit for the period totaled USD 51 million.
07 May 26
Solstad Maritime announces Letter of Intent for CSV Normand Jarstein
Solstad Maritime has announced a Letter of Intent (LOI) with Reach Subsea for the charter of the CSV Normand Jarstein for operation in the Mediterranean and Black Sea.
07 May 26
Halliburton and Shape Digital form strategic collaboration to advance digital asset performance management
Halliburton and Shape Digital entered a strategic collaboration to advance digital asset performance management through a unified asset view that connects subsurface and surface intelligence. The collaboration extends trusted data, domain science, operational expertise, and applied AI to support predictive, asset-level decision-making over the full production lifecycle.
06 May 26
Vestas announces Interim Report, Q1 2026
Quarterly revenue of EUR 4bn with an EBIT margin before special items of 3.2 percent. Order intake of EUR 5.2bn and combined order backlog of EUR 76.1bn. Full-year guidance maintained.
06 May 26
Chevron reports first quarter 2026 results
Chevron reported earnings of $2.2 billion for first quarter 2026, compared with $3.5 billion in first quarter 2025. Included in the quarter was a net loss of $360 million related to a legal reserve. Foreign currency effects decreased earnings by $223 million. Adjusted earnings of $2.8 billion in first quarter 2026 compared to adjusted earnings of $3.8 billion in first quarter 2025.
06 May 26
TotalEnergies develops Pangea 5, a Next-Generation Supercomputer that will increase its computing power sixfold
TotalEnergies, in collaboration with Dell Technologies and NVIDIA, has announced the signing of a contract for the design and installation of Pangea 5, its next high-performance supercomputer.
06 May 26
Expro to acquire Enhanced Drilling
Energy services provider Expro has entered into a definitive agreement to acquire Enhanced Drilling, a technology leader in managed pressure drilling (MPD), creating a growth platform that expands Expro’s drilling and completion capabilities throughout the well lifecycle.
06 May 26
Malaysia: PETRONAS and ENEOS Xplora strengthen strategic partnership to support long-term energy security
PETRONAS and ENEOS Xplora ('ENEOS') have reaffirmed their long-standing partnership, first established in 1995, through the signing of definitive agreements formalising ENEOS’ re-entry into Malaysia LNG Tiga Sdn. Bhd. (MLNG Tiga).
06 May 26
US: INEOS and Shell agree to progress new oil and gas opportunities in the Gulf of America
INEOS Energy and Shell Offshore Inc., a subsidiary of Shell plc, have agreed to jointly invest in exploration and development opportunities, strengthening their collaboration and supporting long-term energy security, from areas in tieback distance to the Appomattox platform in the Gulf of America.
06 May 26
Scatec first quarter 2026: Driving growth across our global portfolio
In the first quarter, Scatec continued to progress its near-term growth portfolio, which is at an all-time-high. Proportionate revenues were NOK 1,640 million (2,387 million), and EBITDA was NOK 774 million (1,379 million).
06 May 26
Equinor announces first quarter 2026 results
Equinor delivered an adjusted operating income of USD 9.77 billion and USD 2.86 billion after tax in the first quarter of 2026. Equinor reported a net operating income of USD 8.78 billion and a net income of USD 3.10 billion. Adjusted net income was USD 3.70 billion, leading to adjusted earnings per share of USD 1.48.
06 May 26
Brazil: DOF Group awarded 12-year charter/services contracts for each of 4 x RSV newbuilds in Brazil
DOF Group has announced the award, following a competitive tender process, of 12-year long-term charter/services contracts for ROV Support Vessels ('RSV') in Brazil.
06 May 26
Occidental announces Q1 2026 results
Occidental has announced results for the first quarter of 2026, including net income attributable to common stockholders of $3.2 billion, or earnings per diluted share (EPS) of $3.13, and adjusted income from continuing operations attributable to common stockholders of $1.1 billion, or adjusted EPS from continuing operations of $1.06.
05 May 26
Mexico: EnerMech wins major subsea pre-commissioning contract for Subsea7 on Trion development
EnerMech has been awarded a significant contract by Subsea7. This latest award reinforces EnerMech’s strong capability in the Americas and its commitment to supporting clients with technical expertise, operational reliability and integrated solutions that improve certainty across complex offshore developments
05 May 26
OEUK: Scottish Government support for Scottish industry matters
With the Scottish election now just days away, Offshore Energies UK (OEUK) has underlined the importance of strong and consistent cross-party support for the industries that underpin jobs, investment and energy security across the country.
05 May 26
RWE announces changes to the Management Board of RWE Offshore Wind GmbH
Sven Utermöhlen, CEO of RWE Offshore Wind, will leave the company at his own request on 30 September 2026; he will continue to advise RWE’s offshore wind business for six to twelve months. Tobias Keitel will become the new CEO of RWE Offshore Wind on 1 October 2026; Julian Garnsey will succeed Tobias Keitel as CTO.
05 May 26
Australia: DOF Group announces contract award in the APAC Region
DOF has announced a Substantial contract award for Subsea Commissioning Support services in the APAC Region. Skandi Inventor will be deployed for the execution of the offshore operations scheduled to commence in Q2 2027 in North Australian waters.
05 May 26
Kosmos Energy announces Q1 2026 results - delivers record quarterly production
Kosmos Energy has announced its financial and operating results for the first quarter of 2026. For the quarter, the Company generated a net loss of $226 million, or $0.45 per diluted share. When adjusted for certain items that impact the comparability of results, the Company generated an adjusted net loss of $36 million, or $0.07 per diluted share for the first quarter of 2026.
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