Latest Headlines
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Acquisition Of License To Strengthen E&P Operations In Norway
4/20/2026
Japan Petroleum Exploration Co., Ltd. (JAPEX) hereby announces that its consolidated overseas subsidiary, JAPEX Norge AS ("J Norge"), has entered into an agreement to acquire a 20% participating interest in Production License PL1119 from OKEA ASA, a leading Norwegian oil and gas company.
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Eni's Major Geliga Gas Discovery Confirms The Strategic Potential Of Indonesia's Kutei Basin And Unlocks Significant New Volumes For Domestic And International Markets
4/20/2026
Eni announces a new giant gas discovery made by the Geliga‑1 exploration well, drilled in the Ganal block in the Kutei Basin, offshore Indonesia, approximately 70 km from the East Kalimantan coast. Preliminary estimates indicate in-place resources of approximately 5 trillion cubic feet (Tcf) of gas and 300 million barrels of condensate in the encountered interval.
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Transocean Ltd. Announces $158M Award For Ultra-Deepwater Drillship
4/16/2026
Transocean Ltd. (NYSE: RIG) (“Transocean”) today announced that the Deepwater Asgard was awarded a five-well contract in the Eastern Mediterranean Sea with an undisclosed operator.
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Cabinet Approves New Oil Exploration Agreements Worth $85M
4/16/2026
The Cabinet, chaired by Prime Minister Mostafa Madbouly, approved on Thursday, April 16, 2026, a draft commitment agreement for oil exploration, development, and exploitation in several areas across Egypt.
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Walyering West Drilling Commenced
4/16/2026
Strike Energy Limited is pleased to provide an update on the near-field exploration drilling operations at Walyering West-1 (WAW-1) within L23 in the Perth Basin. Strike Energy Limited is operator and the holder of 100% equity in L23.
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Trillion Energy Announces Independent Resource Evaluation
4/16/2026
Trillion Energy International Inc. (“Trillion” or the “Company”) announces the results of an independent evaluation of contingent and prospective oil resources for Block M47C3,C4 in Southeast Türkiye, prepared by Chapman Hydrogen and Petroleum Engineering Ltd. (“Chapman”) of Calgary, Alberta, in accordance with National Instrument 51‑101 (“NI 51‑101”) and the Canadian Oil and Gas Evaluation Handbook (“COGEH”) effective March 31 2026.
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Angkor Resources Invited To Present At Seapex Convention In Manila On Oil & Gas Results In Cambodia
4/15/2026
ANGKOR RESOURCES CORP. (“ANGKOR” OR “THE COMPANY”) is pleased to announce that it has been invited to present at the South East Asia Petroleum Exploration Society (“SEAPEX”) Regional Convention in Manila, Philippines, taking place from April 13 to 15, 2026. Mike Weeks, President and Keith Edwards, Geophysicist for the Company’s energy subsidiary EnerCam Resources Cambodia Co. Ltd. (“EnerCam”), will attend and present on behalf of Angkor.
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Saipem Awarded Two Offshore Contracts In The Kingdom Of Saudi Arabia Worth Approximately 400 Million USD
4/15/2026
Saipem has been awarded two offshore contracts in the Kingdom of Saudi Arabia, known as Contract Release Purchase Orders (CRPO), under its existing Long-Term Agreement with Aramco.
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Petroleum Minister Directs Tharwa Petroleum To Adopt Ambitious Strategy To Maximize Exploration, Production
4/15/2026
Minister of Petroleum and Mineral Resources Karim Badawi emphasized the need for Tharwa Petroleum Company to adopt an ambitious business strategy aimed at maximizing its role as a leading Egyptian company in oil and gas exploration and production activities, in line with the state’s plans to increase production rates and secure energy needs.
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Vår Energi Is Securing Higher Production For Longer From The Goliat Field
4/15/2026
Vår Energi ASA has submitted an amended Plan for Development and Operation (PDO) for the Goliat Gas Export (GGE) project to the Ministry of Energy, together with its partner Equinor.