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24 Aug 26
BW Offshore announces second quarter and first half results 2026
24 Aug 26
Australia: GLNG acquires Meridian CSG project in Queensland and Santos completes Mahalo sale
Santos has entered into a binding agreement to acquire a 30 per cent interest in the Meridian CSG project for ~US$85-$90 million as part of a sale to the GLNG joint venture partners and has completed the sale of its interest in the Mahalo joint venture, valued at ~US$23-44 million.
23 Aug 26
Argentina: Continental Resources to acquire 50% interest in Phoenix Global Resources, forming JV operating company with Mercuria Energy Group
Mercuria Energy Group held Phoenix Global Resources has announced that Continental Resources has signed a Heads of Agreement ('HOA') outlining a proposed transaction under which Continental will acquire a 50% interest in Phoenix. Upon completion of the transaction, Mercuria and Continental will become equal owners, forming a 50/50 joint venture operating company focused on the continued development and expansion of Phoenix's position in Argentina's Vaca Muerta.
23 Aug 26
US: Continental Resources significantly expands Permian Basin position with acquisition of FireBird Energy II
Continental Resources has entered into an agreement to acquire FireBird Energy II LLC, a portfolio company of Quantum Capital Group. The acquisition of FireBird, which owns approx. 54,000 net acres in the Midland Basin, significantly expands Continental's Permian Basin position and adds high-quality, oil-weighted production and development inventory adjacent to its existing operations.
21 Aug 26
Namibia: Sintana Energy announces update on strategic investment in Maravilla Oil and Gas
Sintana Energy has announced, further to a previous announcement dated 20 January, 2026, the entry into definitive documentation providing for the acquisition of a 44% interest in Maravilla Oil and Gas, a privately held, Namibian company focused on high-impact opportunities in West Africa.
21 Aug 26
McDermott announces Q2 2026 results
McDermott International has announced financial results for the second quarter 2026. For the three months ended June 30, 2026, revenue was $2.3 billion; adjusted EBITDA was $143 million; and cash flow used in operating activities was $76 million. Net income reached $41 million during the quarter. Backlog at quarter end was $15.8 billion. Trailing twelve months adjusted EBITDA was $519 million.
21 Aug 26
UK: Energy Safety Awards winners recognised for driving lasting safety improvements through commitment, dedication and passion
Inspiring individuals, teams and companies from across the energy sector have been recognised at the 2026 Energy Safety Awards ceremony jointly hosted by Offshore Energies UK and Step Change in Safety at P&J Live in Aberdeen.



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