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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…

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…

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…

Nord Stream 2 Challenges EU's Russian Gas Phase-Out in Court

Jun 24, 2026

The owner of the Gazprom-controlled Nord Stream 2 gas pipeline is suing the European Union in the bloc's second-highest court, seeking to annul the EU's binding phase-out of gas imports from Russia, a public document showed.The EU approved a…

Petronas Makes New Gas Discovery Offshore Suriname

Jun 24, 2026

Malaysia's state-controlled energy producer Petronas has made another gas discovery at offshore Block 52 in Suriname, the South American country's President Jennifer Simons said on Tuesday, while a company executive said the block's eight discoveries…

Current News

Saipem Bags Commissioning Contract for Türkiye-Bound FPU

Saipem Bags Commissioning Contract for Türkiye-Bound FPU

Oil Jumps as Houthi Strikes Disrupt Saudi Energy Operations

Oil Jumps as Houthi Strikes Disrupt Saudi Energy Operations

Petronas Turns to AI to Accelerate Upstream Investment

Petronas Turns to AI to Accelerate Upstream Investment

PTTEP, Petronas Ink 35-Year Malaysia-Thailand Gas Deals

PTTEP, Petronas Ink 35-Year Malaysia-Thailand Gas Deals

Iran Outlines Terms for Restoring Hormuz Shipping

Iran Outlines Terms for Restoring Hormuz Shipping

Technip Energies Nets Engineering Services Job for ADNOC Offshore

Technip Energies Nets Engineering Services Job for ADNOC Offshore

Seatrium Nears Dual FPSO Sailaway for Petrobras' Búzios Field

Seatrium Nears Dual FPSO Sailaway for Petrobras' Búzios Field

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