Business Wire

  1. The Government Of Ghana, Tullow Oil, Kosmos Energy, PetroSA, GNPC And Explorco Sign Memorandum Of Understanding To Extend Ghana Production Licenses To 2040 6/4/2025

    The Government of Ghana, Tullow Oil plc (Tullow), Kosmos Energy, PetroSA, Ghana National Petroleum Company (GNPC) and Explorco are pleased to announce that they have entered into a Memorandum of Understanding (MOU) to extend the West Cape Three Points (WCTP) and Deep Water Tano (DWT) licenses to 2040, which cover the Jubilee and TEN fields in Ghana.

  2. Venture Global Launches Site Work At CP2 LNG Following Federal Approval 6/3/2025

    Venture Global, Inc. ($VG) announced today that it has initiated full mobilization and started site work at the company’s third LNG export facility, CP2 LNG.

  3. Cactus Announces Agreement To Acquire 65% Controlling Interest In Baker Hughes' Surface Pressure Control Business 6/2/2025

    Cactus, Inc. (“Cactus” or the “Company”) announced today that its subsidiary Cactus Companies, LLC has entered into a definitive agreement with certain subsidiaries of Baker Hughes Company (“Baker Hughes”) to acquire 65% and assume operational control of the Baker Hughes Surface Pressure Control Business (“SPC” or the “Business”).

  4. Terradepth Awarded 5-Year Contract In Global Offshore Energy 5/21/2025

    Terradepth, a leading provider of Ocean Data as a Service (ODaaS), was awarded a five-year Master Services Agreement with a major offshore energy company.

  5. Sable Offshore Corp. Reports Restart Of Oil Production At The Santa Ynez Unit And Anticipated Oil Sales From The Las Flores Pipeline System In July 2025 5/19/2025

    Sable Offshore Corp. (“Sable,” or the “Company”) today announced that as of May 15, 2025, it has restarted production at the Santa Ynez Unit (“SYU”) and has begun flowing oil production to Las Flores Canyon (“LFC”).

  6. Rhino Resources And Halliburton Deliver The First Two Exploration Wells On Block 2914 In Namibia 5/15/2025

    Rhino Resources and Halliburton announced the delivery of two exploration wells on Block 2914 within Petroleum Exploration License (PEL) 85 offshore Namibia.

  7. One X - A Completions Partner, A Kingswood Capital Management Portfolio Company, Announces Strategic Add-On Acquisition Of United Energy Partners 5/15/2025

    One X - A Completions Partner (“One X”), a Kingswood Capital Management, LP (“Kingswood”) portfolio company, announced today that it has acquired United Energy Partners (“UEP”), the leading provider of pressure control services and equipment rental solutions for energy operators.

  8. Inserting And Replacing Woodside And Aramco Sign Collaboration Agreement 5/13/2025

    Insert after fifth paragraph: The collaboration agreement was signed in Riyadh at the Saudi-US Investment Forum attended by Saudi Arabian Crown Prince and Prime Minister Mohammed bin Salman and US President Donald Trump.

  9. Permian Resources Announces Strong First Quarter 2025 Results, Revised 2025 Guidance And Strategic Bolt-On Acquisition Of Core Northern Delaware Basin Assets 5/7/2025

    Permian Resources Corporation (“Permian Resources” or the “Company”) today announced its first quarter 2025 financial and operational results, revised full year 2025 guidance and a strategic Northern Delaware Basin bolt-on acquisition.

  10. Valaris Announces Contract Award For Drillship VALARIS DS-15 5/5/2025

    Valaris Limited (“Valaris” or the “Company”) announced today that it has been awarded a five-well contract offshore West Africa for drillship VALARIS DS-15. The contract is expected to commence in the third quarter 2026.