Current Headlines
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ONGC Spuds First Deepwater Well In Mahanadi Basin Under Samudra Manthan Mission
7/25/2026
In a significant step towards unlocking India’s deepwater hydrocarbon potential, Hon’ble Minister of Petroleum and Natural Gas Shri Hardeep Singh Puri virtually spudded ONGC’s exploratory well, MN-DW18-1-H-D, in the Mahanadi Offshore Basin from New Delhi on 25 July 2026.
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Horizon Petroleum Commences Field Well Production Testing Operations At Lachowice In Poland And Closes Oversubscribed Convertible Debenture Financing
7/23/2026
Horizon Petroleum Ltd. ("Horizon" or the "Company") (TSXV: HPL) (FRA: HPM) (Tradegate: HPM) is pleased to announce that its wholly owned Polish subsidiary, Energia Karpaty Zachodnie sp. z o.o. ("EKZ"), has executed a drilling and services contract with Exalo Drilling S.A. ("Exalo") for the re-entry, recompletion, stimulation and production flow testing of the Lachowice-7 ("L7") well located within the Company's 100%-owned Bielsko-Biała concession in southern Poland.
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Matador Resources Company Announces Strategic Delaware Basin Acquisitions And Successful Woodford Exploration Well Results
7/23/2026
Matador Resources Company (“Matador” or the “Company”) announced today two of its catalysts for this year. First, a wholly-owned subsidiary of Matador has entered into a definitive agreement to acquire Paloma Permian LLC (“Paloma”), a portfolio company of EnCap Investments L.P. (“EnCap”), including certain proved undeveloped acreage and oil and natural gas producing properties located in Southeast New Mexico (the “Paloma Acquisition”).
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Velesto Awarded i-RDC Services Contract By Chevron Malaysia
7/22/2026
Velesto Energy Berhad (‘Velesto’ or the ‘Group’) today announced that its wholly-owned subsidiary, Velesto Drilling Sdn. Bhd. has been awarded a contract by Hess Exploration And Production Malaysia B.V., a wholly-owned subsidiary of Chevron (‘Chevron Malaysia’), a Production Arrangement Contractor of PETRONAS, for the provision of Integrated Rig, Drilling and Completion (‘i-RDC’) services for Chevron Malaysia’s 2026–2028 North Malay Basin Full Field Development Campaign.
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Elnusa Strengthens Strategic Role Through Dual Completion With PHR Zona 4 To Support Pertamina's Production Targets
7/22/2026
PT Elnusa Tbk (Elnusa), an integrated energy services company and part of Pertamina's Upstream Subholding, continues to strengthen its role as a strategic partner of Pertamina Hulu Rokan (PHR) Zona 4 through the implementation of Dual Completion technology at Adera Field.
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TGS Commences Orphan3D PSDM Phase 2 Reprocessing Offshore Newfoundland And Labrador
7/22/2026
TGS, a leading provider of energy data and intelligence, today announced the commencement of the Orphan3D PSDM Phase 2 reprocessing project offshore Newfoundland and Labrador, Canada.
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Saipem: New Offshore Drilling Contract Worth Approximately 260 Million USD
7/22/2026
Saipem has been awarded a new offshore drilling contract by Eni Côte d’Ivoire Limited, valued at approximately 260 million USD.
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United Arab Emirates: TotalEnergies Announces Final Investment Decision For The Umm Shaif Gas Cap Development
7/21/2026
TotalEnergies announces the Final Investment Decision (FID) for the Umm Shaif Gas Cap development in the Umm Shaif and Nasr offshore concession, in which the Company holds a 20% interest alongside ADNOC (60%), CNPC (10%) and ENI (10%), with ADNOC Offshore as operator.
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OMV Petrom: Progress On The Neptun Deep Project: The Offshore Production Platform Has Been Installed In The Black Sea
7/20/2026
OMV Petrom, the largest integrated energy producer in Southeast Europe, and SNGN ROMGAZ SA, the largest producer and main supplier of natural gas in Romania, have completed the installation of the offshore production platform for Neptun Deep, marking one of the most important milestones in the development of Romania's largest natural gas project. The project is on schedule for the start of production in 2027 and will con‐ tribute to strengthening the energy security of Romania and the region.
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Second Well In Malaysia Campaign Flows At 2,800 Bopd
7/20/2026
Jadestone Energy plc (the “Company” and together with its subsidiaries, “Jadestone” or the “Group”), an independent upstream production and development company focused on the Asia-Pacific region, is pleased to announce that the second well in the 2026 Malaysia infill drilling campaign has been successfully drilled and brought online at 2,800 bopd.