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Regions News

 

TGS Embarks on Multi-Client 2D Survey off Angola

Feb 11, 2026

Energy data and intelligence TGS has started the Ultra Profundo multi-client 2D survey offshore Angola.The survey covers approximately 12,600 line kilometers, with Ramform Victory having already started operations earlier in 2026.Data acquisition…

Harbour Seals $3.2B LLOG Acquisition Deal and Enters US Gulf of America

Feb 11, 2026

Harbour Energy has completed its $3.2 billion acquisition of LLOG Exploration Company, marking the company’s entry into the U.S. Gulf of America and establishing a new core business unit.Through the acquisition, Harbour has gained a fully operated…

Shell Reserve Decline Raises Need for Deals or Discoveries

Feb 10, 2026

Shell needs an acquisition or exploration breakthrough to make up for an expected production shortage of 350,000-800,000 barrels of oil equivalent per day by 2035 due to maturing fields unable to meet its output targets, the company and analysts say…

BW Energy’s Planned Angola Entry Challenged by Pre-Emption Rights

Feb 06, 2026

BW Energy has informed that one of the existing joint venture partners in Angola's offshore blocks 14 and 14K has indicated its intention to exercise pre-emption rights in relation to the previously announced acquisition agreement.BW Energy…

Oil Companies Snap Up West African Blocks in Search for Next Big Thing

Feb 04, 2026

Chevron and TotalEnergies are among the oil majors snapping up offshore blocks in West and Southern Africa as compelling geology, regulatory reforms, and the need to restock spur a hunt for the next Brazil.Companies are restocking their oil…

Rovtech, Unique Group to Expand ROV Reach to Middle East and Asia

Feb 04, 2026

Rovtech has signed a strategic collaboration agreement with Unique Group to expand sales, service and support for its VALOR remotely operated vehicle (ROV) systems in the Middle East and Asia Pacific.Under the agreement, Unique Group will promote…

Chevron Backs Yoyo-Yolanda Gas Development in Africa

Feb 04, 2026

U.S oil major Chevron has renewed its commitment to the development of the Yoyo-Yolanda gas project that straddles the maritime border between Equatorial Guinea and Cameroon, the company said in a statement.In 2023 the two African countries…

Strategic Marine Delivers CTV for Taiwan’s Offshore Wind Sector

Feb 03, 2026

Singaporean shipbuilder Strategic Marine has delivered a 27-meter crew transfer vessel (CTV) to a Taiwanese company for offshore wind operations in Taiwan.The vessel is based on Strategic Marine’s StratCat 27 design, which was developed in collaboration with BMT…

Dajin, Zima Plan Offshore Wind Foundations Plant at Spain's Gijon Port

Feb 02, 2026

China-based offshore wind foundations manufacturer Dajin Heavy Industry and Spanish industrial group Zima Equity Investments have signed a memorandum of understanding (MoU) to jointly develop an offshore wind foundations manufacturing facility at the Port of Gijon in Asturias…

Hungary’s MOL Forms Strategic Oil Partnership with Libya’s NOC

Feb 02, 2026

MOL Group has entered into a new strategic partnership with Libya’s National Oil Corporation (NOC), setting the foundation for cooperation in hydrocarbons exploration, technological innovation and crude trading.The companies signed a memorandum…

Current News

Petronas Picks OceanSTAR Elite FPSO for Asian Oil and Gas Project

Petronas Picks OceanSTAR Elite FPSO for Asian Oil and Gas Project

Velesto Inks Five-Year Drilling Deal for Jack-Up Rig with Petronas

Velesto Inks Five-Year Drilling Deal for Jack-Up Rig with Petronas

Arabian Drilling Reactivates Fleet as GCC Offshore Contract Starts

Arabian Drilling Reactivates Fleet as GCC Offshore Contract Starts

Qatar LNG Halt Forces Asia to Seek Alternative Supplies

Qatar LNG Halt Forces Asia to Seek Alternative Supplies

China Looks Best Placed to Weather Iran Energy Shock

China Looks Best Placed to Weather Iran Energy Shock

Qatar Stops LNG Output, Other O&G Fields Shut as War Rages

Qatar Stops LNG Output, Other O&G Fields Shut as War Rages

Oil Up 8% as Middle Eastern War Rages

Oil Up 8% as Middle Eastern War Rages

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