Current Headlines

  1. Velesto Secures 5-Year Drilling Contract For NAGA 2 3/2/2026

    Velesto Energy Berhad (‘Velesto’ or the ‘Group’), today announced that it has been awarded a drilling contract by PETRONAS Carigali Sdn. Bhd.

  2. Oil Discovery In The Snorre Area – Planning For Rapid Development 3/2/2026

    Equinor and its partners have made a commercial oil discovery in the Snorre area in the North Sea. The partnership has already planned for a rapid and cost‑effective development.

  3. OceanSTAR Elite Secures FPSO Sepat Project From PETRONAS Carigali 2/26/2026

    OceanSTAR Elite (“OSE”) is pleased to announce that its group of Company in Malaysia, OceanSTAR Engineering Holding Sdn Bhd (“OceanSTAR”) has successfully entered into a long-term contract with PETRONAS Carigali Sdn. Bhd. (“PCSB”) for the Provision of Lease, Operation and Maintenance of a Floating Production Storage and Offloading (“FPSO”) unit.

  4. Aramco's Gas Strategy Builds Momentum With Major Progress Towards Growth Target 2/26/2026

    Aramco, one of the world’s leading integrated energy and chemicals companies, today announced major progress in its ambitious gas expansion strategy, with the start of production at Jafurah, the Middle East’s largest unconventional gas field, and the commencement of operations at Tanajib Gas Plant, one of the largest gas plants in the world.

  5. MCM Energy Partners Completes Acquisition Of Delaware Basin Crude Oil And Natural Gas Assets From Battalion Oil Corporation 2/25/2026

    MCM Delaware Resources LLC, a subsidiary of MCM Energy Partners (“MCM”), announced today that it has closed the acquisition of crude oil and natural gas assets from Battalion Oil Corporation (“Battalion”).

  6. Grounded Lithium Spuds First Oil And Gas Well, Advancing Near-Term Cash Flow Strategy 2/25/2026

    Grounded Lithium Corp. ("GLC", "Grounded", or the "Company") announces we have begun drilling the first of a two well program targeting oil and gas resources near Marsden, Saskatchewan. As communicated in our press release dated January 14, 2026, Grounded has diversified its potential resource base by acquiring certain oil and gas mineral rights.

  7. QatarEnergy Awards EPC Contract For The North Field West 16 MTPA LNG Project 2/25/2026

    QatarEnergy has awarded the engineering, procurement, and construction (EPC) contract for the onshore LNG plant of the North Field West (NFW) project, a key component of the world’s largest liquefied natural gas (LNG) expansion, and the last in a series of expansion projects that will raise the State of Qatar’s production to 142 million tons per annum (MTPA).

  8. Technip Energies Awarded A Major LNG Contract For The North Field West Project By QatarEnergy 2/25/2026

    Technip Energiesas leader of a joint venture (T.ENCCCGAC JV) with Consolidated Contractors Company (CCC) and Gulf Asia Contracting (GAC), has been awarded a major1 Engineering, Procurement, Construction and Commissioning (EPCC) contract by QatarEnergy for the onshore LNG facilities of the North Field West (NFW) project.

  9. KBR Awarded Transformational Oil Development Project In Iraq 2/23/2026

    KBR announced today that it has been awarded a major contract by Basra Oil Company (BOC) to provide Integrated Field Management Services (IFMS) for the gigantic Majnoon Oil Field.

  10. Saipem Awarded A New Offshore Contract In Saudi Arabia Worth Approximately $500M 2/23/2026

    Saipem has been awarded an additional offshore contract (Contract Release Purchase Order or CRPO) in Saudi Arabia under its existing Long-Term Agreement with Aramco.