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22 Sep 26
Petrobras, Shell and Strohm complete qualification and field trial programme for ultra-deepwater TCP flowline
Strohm has completed a joint industry programme (JIP) with Petrobras and Shell for its Thermoplastic Composite Pipe (TCP) flowline technology. The project, comprising of a full-scale qualification and extensive offshore field trial, is the world’s most advanced initiative to bring TCP flowlines offshore under actual field conditions, and it has the potential to revolutionise the deepwater market in Brazil and beyond with a corrosion-free flowline solution that has a 30-year design life.
22 Sep 26
Liberia: Bounty Oil & Gas announces strategic entry into Liberia
Bounty Oil & Gas has entered into a binding share sale agreement to acquire all of the issued units in PetroQuest Liberia Deep Water. PetroQuest holds a letter of engagement with the National Oil Company of Liberia ('NOCAL'), pursuant to which the NOCAL will negotiate and enter into a production sharing contract with the Liberia Petroleum Regulatory Authority ('LPRA') in respect of Block LB-32, a deepwater exploration block located in the Harper Basin, offshore the Republic of Liberia.
22 Sep 26
UK: 'The North Sea transition is running out of time'
A year ago, the North Sea Transition Taskforce warned that the window for delivering a successful energy transition was narrowing. Today, that window remains open, but it is closing fast. The fundamental problem is one of timing and the simple fact that Britain’s traditional energy economy is declining faster than the new one is being built.
22 Sep 26
UK: Great British Energy opens its doors in Aberdeen as it promises a lasting legacy for generations of energy workers
Great British Energy opens its doors in Aberdeen as it promises a lasting legacy for generations of energy workers. Great British Energy has announced a partnership focussed on supporting the next generation of energy workers in the North East of Scotland, backed by £750,000.
22 Sep 26
UK risks losing North Sea workforce before green jobs arrive, taskforce warns
The North Sea Transition Taskforce says oil and gas activity is declining faster than offshore wind, carbon capture, hydrogen and other emerging industries are growing, threatening the jobs, investment and supply chain needed to deliver the energy transition.
22 Sep 26
Mongolia: Petro Matad provides an update on its 2026 Oil Sales Agreement
Despite having issued written confirmation in August to Petro Matad and the Mongolian government that all its internal issues with respect to the 2026 Oil Sales Agreement had been resolved and that export and sale of Petro Matad’s 2026 production would commence, PetroChina has now advised that internal discussions are still ongoing within its head office.
22 Sep 26
McDermott completes $1.05 billion refinancing: Strengthens Capital Structure for continued growth
McDermott International has announced the successful completion of its comprehensive refinancing transaction, including a backstopped $500 million equity financing, a $550 million senior secured Nordic bond issuance and a new long-term letter of credit and guarantee facility.
21 Sep 26
Germany: Qualitas Energy reinforces its investment activities in Germany through its sixth flagship fund and a new office in Munich
Qualitas Energy, a leading global investment and management platform with a dual focus on both funding and developing renewable energy, energy transition, and sustainable infrastructure, today announced the opening of a new office in Munich to strengthen its investment and origination capabilities in Germany through its sixth flagship vehicle, Qualitas Energy Fund VI (QE VI).
21 Sep 26
UK: Geophysical Studies turn back the clock
John Donato (retired ex-Merlin employee) continues to work with the Beneath Britain/UKOGL (UK Onshore Geophysical Library) Group. In conjunction with Chris Pullan, he has recently published a paper discussing the deep geology of the area on, around and under (!) the Derbyshire Dome. A copy of their paper ‘The Bakewell Granite, a postulated granite intrusion located beneath the eastern flank of the Derbyshire Dome, Northern England, UK’ can be downloaded from the UKOGL site.
21 Sep 26
Prosafe SE: Operational update – August 2026
Fleet utilisation for August 2026 was 80%. All operating vessels delivered near 100% commercial uptime in August, with Safe Eurus, Safe Notos, Safe Zephyrus and Safe Boreas operating at full capacity.
21 Sep 26
UK: Marra backs Jackdaw and Rosebank after Scottish Labour leadership win
North East MSP Michael Marra has been elected leader of Scottish Labour after defeating South Scotland MSP Joe Fagan in the contest to replace Anas Sarwar. He identified oil and gas as the biggest issue facing the North-east and said Scottish Labour needed a policy on the industry which people in the region could have confidence in. Marra also reiterated his support for the Jackdaw and Rosebank projects, saying: 'I want Rosebank and Jackdaw to be approved.'
21 Sep 26
Getech announces interim results and report for the six months to 30 June 2026
AIM-listed Getech, a world leading locator of subsurface resources, has announced its unaudited interim results and report for the six months to 30 June 2026 ('H1 2026'). Revenue growth, improved profitability and major contract wins support positive outlook for FY26.



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