Current Headlines

  1. Elnusa Strengthens National Energy Security Through Deepwater Seismic Technology In The Offshore 3D Kandawulo Project 6/18/2026

    PT Elnusa Tbk an integrated energy services company under Pertamina’s Upstream Subholding, once again demonstrates its technological and operational capabilities through its strategic involvement in the Offshore 3D Kandawulo Seismic Project in the Makassar Strait.

  2. ORLEN Strengthens Norwegian Portfolio With Goliat Stake 6/18/2026

    ORLEN Upstream Norway has signed an agreement with Vår Energi to acquire a 20% stake in five licenses, including the producing Goliat field.

  3. Repsol Signs Agreement To Explore And Develop A New Oil Area In Venezuela 6/17/2026

    Repsol has signed a memorandum of understanding with Venezuela's Ministry of Hydrocarbons and state-owned oil company Petróleos de Venezuela (PDVSA) to assess the potential development of a new area known as Horcón, located southeast of Lake Maracaibo.

  4. 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.

  5. 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.

  6. 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.

  7. 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.

  8. 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.

  9. 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.

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

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