Latest Headlines
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Indonesia Energy Corporation Commences Drilling Of K-29 Well
7/27/2026
Indonesia Energy Corporation (NYSE American: INDO) ("IEC"), an oil and gas exploration and production company focused on Indonesia, today announced that on Saturday, July 25, 2026, its “K-29” well was spudded and drilling commenced.
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Talos Energy Announces Strategic Offshore Mexico Development Farm-In
7/27/2026
Talos Energy Inc. ("Talos" or the "Company") (NYSE: TALO) today announced the execution of a definitive agreement to farm into the Block 29 development offshore Mexico, operated by Repsol, S.A. ("Repsol").
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Saipem Awarded New Contracts In Ivory Coast And Italy By Eni Worth Approximately 800 Million Euro
7/27/2026
Saipem has been awarded two new contracts, one offshore in Ivory Coast and one onshore in Italy, for a total value of approximately 800 million euro.
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ONGC Spuds First Deepwater Well In Mahanadi Basin Under Samudra Manthan Mission
7/25/2026
In a significant step towards unlocking India’s deepwater hydrocarbon potential, Hon’ble Minister of Petroleum and Natural Gas Shri Hardeep Singh Puri virtually spudded ONGC’s exploratory well, MN-DW18-1-H-D, in the Mahanadi Offshore Basin from New Delhi on 25 July 2026.
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Horizon Petroleum Commences Field Well Production Testing Operations At Lachowice In Poland And Closes Oversubscribed Convertible Debenture Financing
7/23/2026
Horizon Petroleum Ltd. ("Horizon" or the "Company") (TSXV: HPL) (FRA: HPM) (Tradegate: HPM) is pleased to announce that its wholly owned Polish subsidiary, Energia Karpaty Zachodnie sp. z o.o. ("EKZ"), has executed a drilling and services contract with Exalo Drilling S.A. ("Exalo") for the re-entry, recompletion, stimulation and production flow testing of the Lachowice-7 ("L7") well located within the Company's 100%-owned Bielsko-Biała concession in southern Poland.
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Matador Resources Company Announces Strategic Delaware Basin Acquisitions And Successful Woodford Exploration Well Results
7/23/2026
Matador Resources Company (“Matador” or the “Company”) announced today two of its catalysts for this year. First, a wholly-owned subsidiary of Matador has entered into a definitive agreement to acquire Paloma Permian LLC (“Paloma”), a portfolio company of EnCap Investments L.P. (“EnCap”), including certain proved undeveloped acreage and oil and natural gas producing properties located in Southeast New Mexico (the “Paloma Acquisition”).
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Velesto Awarded i-RDC Services Contract By Chevron Malaysia
7/22/2026
Velesto Energy Berhad (‘Velesto’ or the ‘Group’) today announced that its wholly-owned subsidiary, Velesto Drilling Sdn. Bhd. has been awarded a contract by Hess Exploration And Production Malaysia B.V., a wholly-owned subsidiary of Chevron (‘Chevron Malaysia’), a Production Arrangement Contractor of PETRONAS, for the provision of Integrated Rig, Drilling and Completion (‘i-RDC’) services for Chevron Malaysia’s 2026–2028 North Malay Basin Full Field Development Campaign.
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Elnusa Strengthens Strategic Role Through Dual Completion With PHR Zona 4 To Support Pertamina's Production Targets
7/22/2026
PT Elnusa Tbk (Elnusa), an integrated energy services company and part of Pertamina's Upstream Subholding, continues to strengthen its role as a strategic partner of Pertamina Hulu Rokan (PHR) Zona 4 through the implementation of Dual Completion technology at Adera Field.
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TGS Commences Orphan3D PSDM Phase 2 Reprocessing Offshore Newfoundland And Labrador
7/22/2026
TGS, a leading provider of energy data and intelligence, today announced the commencement of the Orphan3D PSDM Phase 2 reprocessing project offshore Newfoundland and Labrador, Canada.
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Saipem: New Offshore Drilling Contract Worth Approximately 260 Million USD
7/22/2026
Saipem has been awarded a new offshore drilling contract by Eni Côte d’Ivoire Limited, valued at approximately 260 million USD.