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26 May 26
UK: Nine in 10 energy firms say North Sea still has long-term future – if UK Gov backs industry
Aberdeen & Grampian Chamber of Commerce has warned that the UK is in danger of accelerating the decline of the North Sea unnecessarily, despite overwhelming industry belief that the basin still has a long-term future under the right conditions.
26 May 26
Kazakhstan: Helix Exploration announces Inez-1 well re-entry
Helix Exploration, the helium exploration and development company advancing the Rudyard Helium Project in northern Montana, has announced that re-entry operations at the Inez-1 well have commenced.
26 May 26
Union Jack Oil announces Final Results for the Year Ended 31 December 2025
AIM-listed Union Jack Oil, a UK and USA focused onshore hydrocarbon production, development, exploration and investment company, has announced its audited results for the year ended 31 December 2025.
26 May 26
Turkey: The Nordex Group gains new 110MW order from Eksim Enerji in Türkiye
The Nordex Group has secured a new order in Türkiye from Eksim Enerji A.S., comprising the supply and installation of 16 N175/6.X wind turbines with a total installed capacity of 110MW. The turbines for the Balikesir-3 wind farm will be installed on tubular steel towers with a hub height of 119 meters and delivered in the Cold Climate Version.
26 May 26
UK: The Port of Southampton strengthens its role in UK renewable energy supply chains
The Port of Southampton is strengthening its position as a vital link in the UK’s renewable energy supply chains as it grows its partnership with Vestas, a global leader in sustainable wind energy technology.
26 May 26
UK: Reeves launches fresh oil and gas tax raid to fund support package
Chancellor Rachel Reeves has announced a fresh tax raid on oil and gas companies, scrapping rules that allowed firms to offset UK trading profits against losses made by overseas subsidiaries.
26 May 26
Norway: Subsea 7 announces award of a substantial contract by Vår Energi for the Goliat Gas Export Project
Subsea 7 has announced the award of a substantial contract by Vår Energi for the Goliat Gas Export Project, located in the Barents Sea, offshore Norway.
26 May 26
Uzbekistan: Condor achieves new production record exceeding 15,000 BOE/D with K-47 tie in
Condor Energies, a Canadian based, internationally focused energy transition company with active Central Asian operations has provided an operational update on its Uzbekistan project. Condor has achieved another corporate milestone by reaching 15,283 boe/d average daily production over the past 72 hours due to the recently drilled Kumli-47 horizontal well ('K-47') starting production.



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