Current Headlines
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New Oil Discovery In The Pre-Salt Layer Of The Campos Basin
3/26/2026
Petrobras' operations in the Campos Basin aim to replenish oil reserves in mature areas, ensuring the company's sustainability.
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ReconAfrica Commences Production Testing Operations At Kavango West Discovery And Provides An Operational Update
3/26/2026
Reconnaissance Energy Africa Ltd. (the “Company”, “ReconAfrica”) (TSXV: RECO) (OTCQX: RECAF) (Frankfurt: 0XD) (NSX: REC) is pleased to provide an update of its operations in Namibia and Gabon.
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KROHNE Highlights Advancements In Ultrasonic Flow Meter Verification For Enhanced Custody Transfer
3/25/2026
Ultrasonic flow meters paired with small volume provers enhance custody transfer accuracy, reduce maintenance and costs, and deliver reliable performance across varying fluid conditions.
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NUPRC, SeaSeis Seal Landmark PEL5 Agreement
3/25/2026
The Nigerian Upstream Petroleum Regulatory Commission (NUPRC) has signed a Petroleum Exploration Licence (PEL) No. 5 agreement with SeaSeisGeophysical Limited (SeaSeis), authorising the company, in partnership with the Commission and TGS, to undertake the acquisition and processing of new 3D seismic and gravity data.
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Commence Of Exploratory Drilling Survey In The Offshore Hidaka Area Of Hokkaido
3/25/2026
Japan Petroleum Exploration Co., Ltd. (JAPEX) announces that it has commenced drilling of an exploratory well on March 24 as part of an exploratory survey (hereinafter the "Survey") aimed at confirming the presence of natural gas in the offshore Hidaka area of Hokkaido (hereinafter the "Area").
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SBM Offshore Awarded FEED Contracts For The Longtail Project In Guyana
3/24/2026
SBM Offshore is pleased to announce it has been awarded contracts by ExxonMobil Guyana Limited, an affiliate of Exxon Mobil Corporation, to perform Front End Engineering and Design (FEED) studies for a Floating Production, Storage and Offloading vessel (FPSO) for the Longtail development project in Guyana.
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VisionWave Secures Exclusive Pathway To Offshore Energy Blocks LB-4 & LB-5 In Liberia
3/24/2026
VisionWave Holdings, Inc. (Nasdaq: VWAV) (“VisionWave” or the “Company”), a developer of advanced AI-driven sensing and radio-frequency (RF) technologies, today announced that it has entered into a Letter of Engagement (“LOE”) with the National Oil Company of Liberia (“NOCAL”) relating to offshore petroleum Blocks LB-4 and LB-5 in the Liberia Basin.
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Equinor Starts Drilling Major Gas Development In Brazil
3/24/2026
Equinor has started the drilling phase for the Raia project in the pre salt of the Campos Basin, Brazil. This marks a key milestone for the partnership as the projects progresses towards planned start up in 2028.
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Indonesia Energy Reports Progress On Its Next Two New Wells At Kruh Block, Where Pre-Drilling Operations Have Commenced
3/23/2026
Indonesia Energy Corporation (NYSE American: INDO) (“IEC”), an oil and gas exploration and production company focused on Indonesia, today announced pre-drilling progress on its planned next two (2) wells at IEC’s Kruh Block.
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ASP Isotopes Completes Well Drilling Required For Phase 1 Of Renergen Helium Project Four Months Ahead Of Schedule
3/23/2026
ASP Isotopes Inc. (NASDAQ: ASPI) (“ASP Isotopes” or the “Company”), an advanced materials company focused on developing technologies and processes for the production of critical materials used in multiple industries, today announced that the Company has completed the drilling of the wells required for Phase 1 of the Renergen Helium Project approximately four months ahead of schedule.