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20 Aug 26
India: Dolphin Drilling announces extension of Blackford Dolphin drilling contract with Oil India Ltd
Dolphin Drilling has announced that the deepwater capable semisubmersible rig, Blackford Dolphin will continue its drilling contract for Oil India Limited.
20 Aug 26
India: Transocean announces $300 million contract for ultra-deepwater drillship
Transocean has announced a two-year binding Letter of Award for the Dhirubhai Deepwater KG2 with ONGC in India. The campaign is expected to commence in the first quarter of 2027 and contribute approximately $300 million in contract value, inclusive of additional services and mobilization fees.
20 Aug 26
Norway: Production outpaces resource growth on the NCS
Without significant discoveries, production on the Norwegian continental shelf (NCS) may fall steeply after 2030. Resources remain plentiful, but growth levels are too low to maintain current production levels over time, according to a Resource Report 2026 publihed by the Norwegian Offshore Directorate.
20 Aug 26
UK: Great British Energy jobs pledge faces further scrutiny
Great British Energy has reaffirmed its promise to create jobs in Aberdeen following newspaper reports that more than a third of its workforce lives outside Scotland.
19 Aug 26
UK: Top Labour donor Dale Vince backs new North Sea drilling
Green energy entrepreneur Dale Vince has urged Prime Minister Andy Burnham to approve the Jackdaw and Rosebank developments, arguing Britain should take a more pragmatic approach to North Sea oil and gas.
19 Aug 26
UK: Ithaca Energy announces first half results for the six months to 30 June 2026
Ithaca Energy has announced its unaudited financial results for the six months ended 30 June 2026. Record quarterly production underpins reaffirmed management guidance and upgraded 2026 dividend. Strong strategic execution focused on maximising long-term value of resource base.
19 Aug 26
Dolphin Drilling announces financial results for the second quarter and first half of 2026
Dolphin Drilling has announced its financial results for the second quarter and first half of 2026. The second quarter represented a significant step forward in Dolphin Drilling’s repositioning, with increased long-term contract coverage, continued strong safety and operational performance and a completed refinancing materially strengthening earnings visibility, liquidity and financial flexibility.
19 Aug 26
Santos announces half-year results for 2026
Santos has announced its half-year results for 2026, reflecting a period of transition for the company as the Pikka project commenced production, Barossa continued to progress through commissioning and ramp-up, underpinned by the base business which performed strongly. First-half production was 45.6 mmboe, up 3 per cent on the prior corresponding period. Sales revenue was $2.6 billion, EBITDAX was $1.6 billion and free cash flow from operations was $378 million.
18 Aug 26
Iberdrola accelerates the adoption of agentic AI to support the talent of its professionals
Iberdrola is advancing the adoption of agentic artificial intelligence to improve productivity, accelerate process execution and enhance the quality of its operations. The company currently has nearly 500 artificial intelligence agents, either already deployed or at different stages of development, supporting various activities across the Group.
18 Aug 26
US: Equinor strengthens position in US power market
Equinor has agreed to acquire an interest in the Lackawanna Energy Center (Lackawanna), a 1,483 MW gas-fired combined cycle power plant (CCGT) in Pennsylvania. The transaction represents a step forward in building an integrated power business in selected markets.



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