Latest Headlines
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Denison Discovers Vast Queensland Natural Gas Province
6/19/2026
Queensland gas company Denison has confirmed a major new discovery in the Baffle Creek field of the Denison Trough in Central Queensland’s Bowen Basin, promising to bolster fuel and energy security.
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Expanding Troll: More Gas To Europe
6/19/2026
Equinor and its partners Petoro, Shell, TotalEnergies and ConocoPhillips are investing just over NOK 4 billion in a new subsea development that will increase gas production from the Troll field in the North Sea.
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Vår Energi ASA High-Grades The Portfolio To Strengthen Long-Term Value Creation
6/18/2026
Vår Energi ASA has entered into a series of value accretive transactions on the Norwegian Continental Shelf (NCS) to further optimise its asset portfolio, including the acquisition of Pandion Energy AS’ portfolio, a swap agreement with DNO Norge AS, and divestments in the Goliat and Fenja fields.
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Elnusa Strengthens National Energy Security Through Deepwater Seismic Technology In The Offshore 3D Kandawulo Project
6/18/2026
PT Elnusa Tbk an integrated energy services company under Pertamina’s Upstream Subholding, once again demonstrates its technological and operational capabilities through its strategic involvement in the Offshore 3D Kandawulo Seismic Project in the Makassar Strait.
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ORLEN Strengthens Norwegian Portfolio With Goliat Stake
6/18/2026
ORLEN Upstream Norway has signed an agreement with Vår Energi to acquire a 20% stake in five licenses, including the producing Goliat field.
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Repsol Signs Agreement To Explore And Develop A New Oil Area In Venezuela
6/17/2026
Repsol has signed a memorandum of understanding with Venezuela's Ministry of Hydrocarbons and state-owned oil company Petróleos de Venezuela (PDVSA) to assess the potential development of a new area known as Horcón, located southeast of Lake Maracaibo.
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MOL Group Signed Production Sharing Agreement For Offshore Exploration In Libya
6/16/2026
MOL Group has signed a production sharing agreement with its Joint Venture (JV) partners, Repsol and Türkiye Petrolleri A. O. (TPAO) for an offshore exploration area in the Mediterranean Sea, after being granted an exploration licence.
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HELLENiQ ENERGY Expands Chevron Partnership In An Offshore Block In The Ionian Sea
6/16/2026
HELLENiQ ENERGY and Chevron announce an agreement for Chevron’s participation in the Block 10 concession, located offshore the Kyparissiakos Gulf in the Southern Ionian Sea in Greece.
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Transocean Ltd. Announces Contract Awards Totaling $185M
6/16/2026
Transocean Ltd. (NYSE: RIG) (“Transocean”) today announced contract awards for two of its harsh environment semisubmersibles. In aggregate, the fixtures represent approximately $185 million in firm contract backlog.
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TAG Oil Provides Update On Drilling Operations At BED-1 Concession, Egypt
6/16/2026
TAG Oil Ltd. (“TAG Oil” or the “Company”) is pleased to providean update on drilling operations at the Badr Oil Field (“BED-1”) in the Western Desert of Egypt.