Latest Headlines

  1. 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.

  2. 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.

  3. 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.

  4. 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.

  5. Agreements Signed For $5M Grants To Southern Flank Gas Projects 6/15/2026

    Vintage Energy Ltd as 50% interest-holder and Operator of the Southern Flank gas projects PRL 211 and ATP 2021, (other interest-holders: Metgasco Ltd, 25% ; and Bridgeport (Cooper Basin) Pty Ltd, 25%) announces execution of Grant Agreements with the Government of South Australia for two $2.5M grants which will provide cornerstone funding for the drilling of two gas production wells.

  6. VAALCO Energy, Inc. Announces Exciting Operational Update In Offshore Gabon And In Egypt 6/15/2026

    VAALCO Energy, Inc. (NYSE: EGY, LSE: EGY) (“Vaalco” or the “Company”) announced positive operational updates offshore Gabon regarding the ongoing drilling program, including impressive initial well results on the Ebouri-5H well and mobilization of the rig to the SEENT platform. Additionally, the Company provided a positive update on the first well completed in the 2026 onshore Egypt drilling program.

  7. Further Development Of Johan Sverdrup 6/15/2026

    New volumes in the Johan Sverdrup area provide the basis for Johan Sverdrup phase 4.

  8. International Petroleum Corporation Corporate Update: Blackrod Phase 1 First Oil Achieved 6/15/2026

    International Petroleum Corporation (IPC) (TSX, Nasdaq Stockholm: IPCO) is pleased to announce first oil has been achieved at Phase 1 of the Blackrod project, ahead of schedule and on budget.

  9. Completion Of Exploratory Drilling At Offshore Hidaka Area Of Hokkaido 6/12/2026

    Japan Petroleum Exploration Co., Ltd. (JAPEX) has completed the exploratory drilling at offshore Hidaka area of Hokkaido (hereinafter the "Survey") on June 10, 2026, which has been conducted aimed at confirming the presence of natural gas since March 24, 2026.

  10. Expro Secures Two-Year Contract For Unconventional Well Testing In The UAE 6/11/2026

    Expro a leading provider of energy services, has secured a two-year contract with a major UAE operator to deliver well testing and flowback services for unconventional wells in the United Arab Emirates.