Latest Headlines

  1. Eni Announces Start-Up Of Gas Production From The Maha Field Offshore Indonesia 10/30/2026

    Eni announces the start-up of gas production from the Maha field in the Kutei Basin, offshore Indonesia, just 21 months after the final investment decision (FID).

  2. Petrobras Completes Drilling With Another Oil Discovery In Ultra-Deep Waters Off Amapá 10/29/2026

    Petrobras has identified another oil -bearing interval in the Morpho well , marking the third discovery in block FZA-M-59 , located in ultra-deep waters off the coast of the state of Amapá , in a water depth of 2,886 meters.

  3. Doubles North Sea Gas Discovery Estimate 10/29/2026

    A new appraisal well in the Afrodite discovery near the Kvitebjørn field shows that the recoverable gas volumes may be more than twice as large as previously estimated.

  4. Update On Tupinamba Exploration Well 10/28/2026

    bp has informed the Brazilian National Agency for Petroleum, Natural Gas and Biofuels (ANP) that it has identified the presence of hydrocarbons in an exploration well in the deep-water Tupinambá block in the Santos Basin.

  5. Energy Holdings: Energy Drilling Receives Letter Of Award For 30-Month Drilling Campaign For T-16 10/27/2026

    Energy Drilling, a wholly owned subsidiary of SED Energy Holdings Plc ("Energy Holdings"), has received a letter of award from Carigali-PTTEPI Operating Company Sdn. Bhd. ("CPOC") for a 30-month offshore drilling campaign, with options for up to an additional 15 months, for its tender-assist drilling rig T-16 in Malaysia.

  6. SNOC Completes Landmark Hedebah Gas Development Doubling Sharjah's Gas Production 10/27/2026

    Sharjah National Oil Corporation (SNOC) has successfully completed Phase 1 development of the Hedebah Gas-Condensate Field.

  7. Saipem: New Offshore Drilling Contracts Worth Approximately USD 121 Million 10/27/2026

    Saipem has been awarded two new offshore drilling contracts with a total value of approximately USD 121 million, further strengthening visibility on the utilization of its fleet for 2026 and 2027.

  8. Ovintiv Announces Agreement To Acquire Montney Oil Producer, Logan Energy Corp 10/26/2026

    Ovintiv Inc. (NYSE: OVV) (TSX: OVV) ("Ovintiv" or the "Company") and Logan Energy Corp. ("Logan") (TSXV: LGN) today announced that they have entered into a definitive agreement whereby Ovintiv will acquire all of the outstanding shares of Logan in an all-cash transaction that values Logan at approximately $890 million (C$1.26 billion) including expected Net Debt at closing.

  9. Indonesia Energy Commences Drilling Of WK-5 Well At Kruh Block 10/26/2026

    Indonesia Energy Corporation (NYSE American: INDO) ("IEC"), an oil and gas exploration and production company focused on Indonesia, today announced that drilling operations commenced on October 21, 2026, at its WK-5 well, marking another important milestone in IEC’'s ongoing development program at the Kruh Block in Sumatra, Indonesia.

  10. Eni Launches The Execution Phase Of Cronos Project 10/26/2026

    Eni has signed the main engineering, procurement, construction and drilling contracts for the development of the Cronos Project, marking the start of the project's execution phase and a key milestone towards the monetization of Cyprus' first gas development.