Latest Headlines
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Seadrill Announces U.S. Gulf Contract Awards For West Neptune And West Vela
4/22/2026
Seadrill Limited today announced two contract awards with LLOG Exploration Company LLC, a subsidiary of Harbour Energy in the U.S. Gulf, adding approximately $260M to contract backlog.
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Saipem: New Offshore Contract By ExxonMobil Guyana
4/21/2026
Saipem has been awarded a new Limited Notice to Proceed (LNTP), worth around 150 million USD, by ExxonMobil Guyana Limited for the engineering, procurement, construction and installation (EPCI) of the subsea structures, umbilicals, risers, and flowlines (SURF) system for the Longtail project, located in the Stabroek Block offshore Guyana, at a water depth of approximately 1,750 metres.
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TGS Launches West India Facies Map Browser To Enhance Offshore Exploration Workflows
4/21/2026
TGS, a global provider of energy data and intelligence, today announces the availability of West India Facies Map Browser (FMB), a new sequence stratigraphic interpretation dataset designed to improve exploration outcomes along India’s west coast.
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VAALCO Energy, Inc. Announces Positive Operational Update
4/21/2026
VAALCO Energy, Inc. (NYSE: EGY, LSE: EGY) (“Vaalco” or the “Company”) announced positive operational updates in Gabon regarding the ongoing drilling program, including encouraging initial well results on the Etame 14H well and mobilized the rig to the Ebouri platform. Additionally, the Company provided updates on the timing of bringing the Baobab field in CI-40 block, offshore Côte d’Ivoire back online.
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Acquisition Of License To Strengthen E&P Operations In Norway
4/20/2026
Japan Petroleum Exploration Co., Ltd. (JAPEX) hereby announces that its consolidated overseas subsidiary, JAPEX Norge AS ("J Norge"), has entered into an agreement to acquire a 20% participating interest in Production License PL1119 from OKEA ASA, a leading Norwegian oil and gas company.
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Eni's Major Geliga Gas Discovery Confirms The Strategic Potential Of Indonesia's Kutei Basin And Unlocks Significant New Volumes For Domestic And International Markets
4/20/2026
Eni announces a new giant gas discovery made by the Geliga‑1 exploration well, drilled in the Ganal block in the Kutei Basin, offshore Indonesia, approximately 70 km from the East Kalimantan coast. Preliminary estimates indicate in-place resources of approximately 5 trillion cubic feet (Tcf) of gas and 300 million barrels of condensate in the encountered interval.
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Transocean Ltd. Announces $158M Award For Ultra-Deepwater Drillship
4/16/2026
Transocean Ltd. (NYSE: RIG) (“Transocean”) today announced that the Deepwater Asgard was awarded a five-well contract in the Eastern Mediterranean Sea with an undisclosed operator.
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Cabinet Approves New Oil Exploration Agreements Worth $85M
4/16/2026
The Cabinet, chaired by Prime Minister Mostafa Madbouly, approved on Thursday, April 16, 2026, a draft commitment agreement for oil exploration, development, and exploitation in several areas across Egypt.
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Walyering West Drilling Commenced
4/16/2026
Strike Energy Limited is pleased to provide an update on the near-field exploration drilling operations at Walyering West-1 (WAW-1) within L23 in the Perth Basin. Strike Energy Limited is operator and the holder of 100% equity in L23.
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Trillion Energy Announces Independent Resource Evaluation
4/16/2026
Trillion Energy International Inc. (“Trillion” or the “Company”) announces the results of an independent evaluation of contingent and prospective oil resources for Block M47C3,C4 in Southeast Türkiye, prepared by Chapman Hydrogen and Petroleum Engineering Ltd. (“Chapman”) of Calgary, Alberta, in accordance with National Instrument 51‑101 (“NI 51‑101”) and the Canadian Oil and Gas Evaluation Handbook (“COGEH”) effective March 31 2026.