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BluEnergies, TotalEnergies Step Up Exploration Offshore Liberia

Jul 08, 2026

BluEnergies and TotalEnergies have advanced a work program across blocks LB-26, LB-30 and LB-31 in the Harper Basin offshore Liberia aimed at confirming and improving drillable prospects.The program includes reprocessing 6,167 square kilometers of 3D seismic data, a multi-beam echo sounder survey, seabed geochemical sampling and heat flow measurements.TGS is reprocessing the full 3D seismic dataset on behalf of BluEnergies and TotalEnergies…

Grupo Carso to Buy TotalEnergies' Stake in Mexico Offshore Block

Jul 17, 2026

Grupo Carso has signed a binding agreement with TotalEnergies to acquire its entire 30% interest in offshore Block 30 in Mexico's Isthmus Saline Basin.The acquisition will be carried out through Mx Dlta Nrg 1, a subsidiary of Zamajal, in which…

Inpex Starts Construction of Indonesia's Abadi LNG Project

Jul 16, 2026

Japan's Inpex on Thursday launched construction of its long-delayed $21 billion Abadi LNG project in Indonesia's Masela gas block, in a ceremony that was livestreamed.Production from the plant is expected to start around 2030.Here are some details…

Halliburton Nets Drilling and Completions Deal for TotalEnergies’ GranMorgu Scheme

Jul 14, 2026

Oilfield services firm Halliburton has been awarded integrated drilling and completions contracts for the GranMorgu deepwater development offshore Suriname, operated by TotalEnergies.The long-term agreement covers drilling and completions services for the project…

Petrobras Concludes Acquisition of São Tomé and Príncipe Offshore Block

Jul 10, 2026

Brazilian state-controlled oil company Petrobras has completed the acquisition of a 75% interest and operatorship in Block 3 offshore São Tomé and Príncipe, expanding its exploration portfolio in Africa.Following completion of the transaction…

BOEM Advances Third US Gulf Lease Sale

Jul 08, 2026

The U.S. Bureau of Ocean Energy Management (BOEM) has issued the final notice for its third Gulf of America offshore lease sale required under the One Big Beautiful Bill Act, offering about 80.4 million acres on the U.S. Outer Continental Shelf…

Nigeria's Discovers Oil on Lease 74

Jul 07, 2026

Nigerian oil producer Renaissance Energy said on Tuesday it had made an oil discovery offshore Nigeria after drilling an exploration well in Oil Mining Lease (OML) 74, its first major success since taking over the asset last year.Preliminary results showed about 1…

TotalEnergies Sells Malaysia Offshore Gas Field Stake to Inpex

Jul 02, 2026

TotalEnergies has agreed to sell its 85% interest in Malaysia's offshore Block 2E to Inpex for $350 million, divesting its net 8.5% interest in the Marjoram gas field as part of its portfolio management strategy.The Marjoram field is currently under development…

QatarEnergy, ExxonMobil Declare Cyprus Gas Discoveries Commercial

Jun 30, 2026

QatarEnergy, ExxonMobil and the Government of Cyprus have signed a commercial discovery declaration for the Glaucus and Pegasus fields in Block 10 offshore Cyprus, marking a step forward in the development of the country's offshore gas resources…

Rhino Confirms Connected Oil Reservoir at Namibia's Capricornus Discovery

Jun 30, 2026

Rhino Resources has confirmed the presence of an oil-bearing reservoir in pressure communication with the Capricornus-1X discovery through an appraisal well offshore Namibia, advancing the development of the Capricornus accumulation in the Orange Basin…

Markets: Oil Majors Reload Exploration Hoppers Across Sub-Saharan Africa

Jun 25, 2026

Faced with declining production post-2030, across Sub-Saharan Africa (SSA), the Majors have started the process of reloading exploration hoppers. Targeting predominantly deep and ultra-deep waters, they have signed numerous agreements aimed…

Markets: Middle East OSV Market at a Crossroads After Gulf Conflict

Jun 25, 2026

After several years of strong activity, the Middle East offshore market has become more volatile, with geopolitical tensions disrupting day-to-day operations. Following US and Israeli military action and subsequent Iranian attacks on neighbouring Gulf states…

ONGC Expands BP Partnership with Western Offshore Basin Services Contract

Jun 25, 2026

India's Oil and Natural Gas Corp (ONGC) and BP have signed a technical services contract aimed at enhancing production from fields in India's Western Offshore Basin, expanding a collaboration that began at the Mumbai High field in 2025.Under the agreement…

TotalEnergies to Drill New Well in Suriname Next Year

Jun 24, 2026

Energy producer TotalEnergies expects to begin a new well drilling campaign next year to extend its exploration targets in Suriname, the French company's vice president for exploration in the Americas said on Wednesday.TotalEnergies' largest development in Suriname…

Yinson Production Names FSO for Murphy's Lac Da Vang Project off Vietnam

Jun 24, 2026

Yinson Production has held a naming ceremony for the floating storage and offloading (FSO) unit PTSC Lac Da Vang ahead of the vessel's deployment to the Lac Da Vang oil project offshore Vietnam.The FSO vessel has been contracted to Murphy Cuu Long Bac Oil…

Current News

ADNOC Approves $6.2B Offshore Umm Shaif Gas Project

ADNOC Approves $6.2B Offshore Umm Shaif Gas Project

Velesto Frees Up Drilling Rig After Early Contract Termination off Indonesia

Velesto Frees Up Drilling Rig After Early Contract Termination off Indonesia

Jadestone Energy Lifts Malaysia Production with Second Online Well

Jadestone Energy Lifts Malaysia Production with Second Online Well

Searah Malaysia Starts Upstream Oil and Gas Operations

Searah Malaysia Starts Upstream Oil and Gas Operations

Inpex Starts Construction of Indonesia's Abadi LNG Project

Inpex Starts Construction of Indonesia's Abadi LNG Project

Hormuz Crossings Decline as US Renews Iran Blockade

Hormuz Crossings Decline as US Renews Iran Blockade

Oil Rises 2% as Middle East Hostilities Escalate

Oil Rises 2% as Middle East Hostilities Escalate

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