Current Headlines

  1. LUFKIN Introduces SROD V9.5.0 4/22/2026

    LUFKIN Industries, a pioneer in rod lift optimization solutions, products, automation, software technologies and services, today announced the launch of SROD V9.5.0. The technology automates the design of rod lift systems to optimize surface and downhole components to maximize the productivity of the well with ease and precision.

  2. Lycos Energy Inc. Announces Initial Results From Moonshine Well, 2026 Capital Budget And Appointment To Board Of Directors 4/22/2026

    Lycos Energy Inc. (“Lycos” or the “Company“) is pleased to provide an operational update on its recently drilled Moonshine well in East Central Alberta and outline its 2026 capital budget.

  3. 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.

  4. 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.

  5. 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.

  6. 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.

  7. 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.

  8. 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.

  9. 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.

  10. 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.