Latest Headlines
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PTTEP Moves Forward With Bussabong Gas Field To Support Thailand's Future Energy Demand
9/22/2026
PTTEP has announced the Final Investment Decision (FID) for the Bussabong gas field in the G3/65 Project, with first natural gas production targeted for 2028 to support Thailand’s growing energy demand.
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Superior Announces Definitive Agreement To Acquire Welltec International, Expanding Its Intervention And Completions Portfolio And Global Reach
9/22/2026
Superior Energy Services, Inc. (“Superior”) today announced that it has entered into a definitive agreement to acquire Welltec International ApS (“Welltec”). Headquartered in Allerød, Denmark, Welltec is an industry leading global provider of proprietary robotic, wireline-conveyed well intervention solutions and metal expandable packer (“MEP”) technologies for wellbore intervention and completions.
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Valeura Energy Inc.: Bussabong Gas Development Final Investment Decision
9/22/2026
Valeura Energy Inc. (TSX:VLE, OTCQX:VLERF) ("Valeura" or the "Company") announces that along with its partner, PTTEP Energy Development Company Limited, a subsidiary of PTT Exploration and Production Public Company limited ("PTTEP"), it has taken a Final Investment Decision ("FID") to proceed with an initial gas development at the Bussabong gas field (Block G3/65, 40% non-operated working interest) in the offshore Gulf of Thailand ("Phase 1").
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Trio Petroleum Announces Lloydminster Heavy-Oil Farm-In And Multilateral Development Program With Croverro Energy
9/21/2026
Trio Petroleum Corp (NYSE American: TPET) ("Trio" or the "Company"), today announced the execution of farm-in and development agreement with Croverro Energy Ltd. ("Croverro"), a Calgary-based heavy-oil operator specializing in multilateral horizontal development in the Lloydminster region of Alberta and Saskatchewan.
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Halliburton Signs Agreements To Support Energy Development Opportunities In Venezuela
9/21/2026
Halliburton announced the signing of memorandums of understanding (MOUs) with Eneva and WESCA to support energy development opportunities in Venezuela and help customers advance projects in the country's oil and gas sector.
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'Suraphi' Exploration Discovery
9/16/2026
Valeura Energy Inc. (“Valeura” or the “Company”) announces an exploration discovery near its Manora(1) oil field and completion of a successful development and appraisal drilling campaign on its Jasmine field(2), in the Gulf of Thailand.
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Continental Resources Signs Memorandum Of Understanding With PetrĂ³leos de Venezuela, S.A. (PDVSA) To Operate And Develop The Ayacucho 2 Block In Venezuela's Orinoco Belt
9/16/2026
Continental Resources, Inc. (Continental) today announced the signing of a Memorandum of Understanding (MOU) with Petróleos de Venezuela, S.A. (PDVSA) to operate and develop the Ayacucho 2 Block in Venezuela's Orinoco Oil Belt, one of the world's most prolific oil-producing regions.
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OMV Strengthens Its Organic Upstream Growth With Libyan Discovery
9/16/2026
OMV announces a significant exploration success in Libya: Following the completion of technical and economic evaluations, the OMV operated “Essar” well in Libya’s Sirte Basin has been classified as commercially viable.
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Halliburton Awarded Bundled Deepwater Well Construction And Completions Contract
9/15/2026
Halliburton announced today it secured a bundled well construction and completions contract from Eni for the Cronos ultra-deepwater development in Block 6 of the Cyprus Exclusive Economic Zone.
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TotalEnergies Announces A Partnership With Mistral To Develop Frontier AI Models For Reservoir Exploration And Engineering
9/15/2026
TotalEnergies and Mistral announce a 3-year joint program representing an investment of more than €100M aimed at developing a new generation of frontier AI models to support TotalEnergies’ geosciences experts in the exploration, characterization and development of oil and gas reservoirs.