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02 Jul 26
Norway: Securing rig capacity for high production on the Norwegian continental shelf
Equinor has entered into a letter of intent with Transocean for the use of three Cat D rigs on the Norwegian continental shelf. The agreement is worth around USD 1 billion and will contribute to reducing well costs, accelerating the delivery of new wells and maintaining high production towards 2035.
02 Jul 26
Reabold Resources announces recommended All Share Offer for Union Jack Oil
The Board of Reabold Resources has announced that they have reached agreement on the terms of a recommended all share offer by Reabold for Union Jack Oil.
02 Jul 26
Nigeria: Baker Hughes extends Long-Term Service Agreement with Nigeria LNG to support critical expansion project
Baker Hughes has announced an award from Nigeria LNG Limited (NLNG) for the provision of comprehensive lifecycle services supporting turbomachinery equipment at its liquefaction plant in Bonny Island, Nigeria.
01 Jul 26
UK/Norway: DOF Group - Subsea construction, mooring, disconnection of existing FSO and connection of replacement FSO contract with TotalEnergies
DOF Group has announced the award of a Large subsea construction, mooring, disconnection of an existing FSO and connection of a replacement FSO contract to its Atlantic region by TotalEnergies for its FSO Unity Replacement Project.
01 Jul 26
Eni and Mercuria to establish a Global Trading Joint Venture
Eni and Mercuria have signed an agreement to create a joint venture aimed at overseeing energy commodities trading activities across global energy markets. The joint venture, equally owned by Eni and Mercuria, will operate on an independent and unconsolidated basis through a holding structure with international trading hubs, ensuring a truly global operational footprint.
01 Jul 26
Norway: Transocean announces agreement with Equinor valued at over $1 billion
Transocean has announced its entry into an agreement with Equinor, conditional to license approvals, for the use of three of its harsh environment semisubmersible rigs on the Norwegian shelf. In aggregate, this agreement is worth over $1 billion in contract backlog over seven rig years, excluding additional services.
01 Jul 26
Australia: Woodside completes Gippsland Basin operatorship transition
Woodside Energy has assumed operatorship of the Gippsland Basin assets, including the Gippsland Basin Joint Venture (GBJV) and Kipper Unit Joint Venture (KUJV), from Esso Australia Resources. This positions Woodside as operator of one of Australia’s most significant domestic energy assets. The Gippsland Basin assets have supplied energy to Australian homes and industry for decades and remain central to east coast energy security.
01 Jul 26
Kuwait: SLB awarded seven-year contract under Kuwait Oil Company's Ahmadi Innovation Valley initiative
Global energy technology company SLB has been awarded a seven-year contract by Kuwait Oil Company (KOC) under the Ahmadi Innovation Valley (AIV) initiative. The agreement will support applied research, technology deployment and digital innovation programs aligned with Kuwait's long-term energy objectives.
30 Jun 26
UK: Urgent energy policy reset needed from new government
David Whitehouse, chief executive of Offshore Energies UK (OEUK) has written to all 403 Labour MPs urging them to back an urgent policy reset to prioritise homegrown energy.
30 Jun 26
Global demand for LNG expected to grow by 65% by 2050
Global demand for liquefied natural gas (LNG) is expected to increase to nearly 700 million tonnes a year by 2050, an increase of around 65% from 2025 levels, according to Shell’s LNG Outlook 2026, as countries continue to prioritise flexible and reliable energy security offered by gas and LNG.
30 Jun 26
Reabold Resources announces Full Year Results for the year ended 31 December 2025
Reabold Resources, the investing company focused on developing strategic gas projects for European energy security, has announced its audited financial results for the year ended 31 December 2025
30 Jun 26
US: Zephyr Energy announces Full Year Results for the year ended 31 December 2025
Zephyr Energy has announced the Group's audited results for the year ended 31 December 2025. During the period, the Company continued to deliver on its dual strategy of building an income generating non-operated asset portfolio in the Rocky Mountain region of the U.S. (the 'non-operated portfolio') in parallel with the pursuit of increased value through the successful development of its operated project in the Paradox Basin, Utah, U.S. (the 'Paradox project').
30 Jun 26
Chariot announces 2025 final results
AIM-listed Chariot, the Africa focused energy company, has announced its audited final results for the year ended 31 December 2025.
30 Jun 26
Eldorado completes acquisition of Vantage Drilling International
Eldorado Drilling and Vantage Drilling International have announced the completion of Eldorado’s acquisition of Vantage. The combination brings together Eldorado’s Atlantic Zonda with Vantage’s asset base, strong operating capabilities, global footprint, and proven track record.



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