Latest Headlines

  1. McDermott Secures Landmark Definition Engineering Contract For Qatar's First Major Offshore Decommissioning Project 2/1/2026

    McDermott has been awarded a decommissioning definition engineering contract by QatarEnergy for the State of Qatar's inaugural offshore decommissioning initiative.

  2. BPCL And Trafigura Sign Landmark Crude Oil Supply Agreement 1/30/2026

    Bharat Petroleum Corporation Limited (BPCL), one of India's leading state-run refiners, and Trafigura, a market leader in the global commodities industry, today announced a new crude oil supply agreement signed during India Energy Week.

  3. MOL Group And Libya's National Oil Corporation To Establish Strategic Partnership In The Oil Industry 1/30/2026

    MOL Group has entered into a new strategic partnership with Libya’s National Oil Corporation (NOC).

  4. Jack-Up Drilling Rig Contract Signed For Multi-Well Programme In Yumna Field, Oman 1/29/2026

    Rex International Holding Limited (“Rex International Holding”, “Rex” or the “Company”, and together with its subsidiaries, the “Group”), refers to the press release issued on 29 January 2026 by its indirect subsidiary Masirah Oil Limited, which announced the following:

  5. Subsea7 Awarded Contract Offshore US 1/29/2026

    Subsea7 today announced the award of a sizeable1 contract by Shell for the Kaikias Waterflood project.

  6. GeoPark Announces Acquisition Of Frontera Energy's Colombian E&P Assets To Create Leading Independent E&P Platform Across Colombia And Argentina 1/29/2026

    GeoPark Limited (“GeoPark” or the “Company”) a leading independent energy company with over 20 years of successful operations across Latin America, today announces that it has entered into a definitive agreement (the “Agreement”) with Frontera Energy Corporation (“Frontera Energy”) to acquire 100% of Frontera Petroleum International Holdings B.V. (“Frontera International”) which consists exclusively of oil and gas exploration and production assets in Colombia, for a cash purchase price of US$375M, subject to customary closing adjustments, and an additional payment of US$25M contingent on the achievement of certain development milestones. 

  7. Mozambique LNG Announces The Full Restart Of All Its Activities Onshore And Offshore In Mozambique 1/29/2026

    Patrick Pouyanné, Chairman and CEO of TotalEnergies, met today in Afungi with His Excellency Daniel Chapo, President of the Republic of Mozambique, and have announced together the full restart of Mozambique LNG project activities.

  8. Baker Hughes, Expand Energy To Deploy Leucipa Across US Natural Gas Fields 1/29/2026

    Baker Hughes, an energy technology company, Thursday announced an award from Expand Energy, North America’s largest natural gas producer, to deploy its Leucipa automated field production solution across thousands of gas-producing wells in the United States.

  9. Borr Drilling Completes Acquisition Of Five Premium Jack-Up Rigs 1/28/2026

    Borr Drilling Limited (NYSE and Euronext Growth Oslo: BORR) ("Borr Drilling" or the "Company") today announced that it has completed its previously announced acquisition of five premium jack-up rigs from Noble Corporation for a total purchase price of $360 million.

  10. SLB Awarded Multi-Year Contracts To Support Oman's Energy Development 1/28/2026

    SLB has been awarded two five-year contracts by Petroleum Development Oman (PDO) to supply wellheads and artificial lift technologies for operations in Block-6, Oman’s largest oil and gas concession, while advancing in-country value (ICV).