Latest News
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16 Feb 26
Malaysia: DUG and Searcher sign Multi-Client 3D seismic data reprocessing agreement offshore East Sarawak Malaysia
DUG and Searcher have signed an agreement for the provision of multi-Client 3D seismic data reprocessing off the coast of East Sarawak. Under the terms of the Agreement DUG and Searcher will reprocess previously acquired 3D seismic surveys within the agreed East Sarawak multi-client reprocessing area, which will be made available for licensing to petroleum exploration and development companies. -
16 Feb 26
Cote d'Ivoire: Eni announces a discovery within the major Calao channel complex with Murene South-1X well in Block CI-501, offshore Côte d'Ivoire
Eni has made a significant gas and condensate discovery in Ivory Coast, successfully drilling Murene South-1X, the first exploration well in Block CI-501. -
16 Feb 26
Norway: Equinor drills oil and gas discovery and dry well in the North Sea (33/12-N-3 HH and 33/12-N-3 GH)
Equinor and its partners have discovered oil and gas in the 'Granat' prospect near Gullfaks. Wildcat wells 33/12-N-3 HH and 33/12-N-3 GH were drilled in connection with drilling an oil development well on the Gullfaks Satellites (33/12-N-3 IH) in production licence 152. -
16 Feb 26
South Africa: Lyra Energy secures private sector offtake for a 255 MW solar power plant
Scatec’s joint venture renewable energy platform in South Africa, Lyra Energy (Lyra), has signed power purchase agreements (PPA) with three top tier commercial and industrial offtakers for a large portion of a 255 MW solar power plant (Thakadu). -
16 Feb 26
Lime Petroleum provides operational update and initiates strategic review
Lime Petroleum Holding AS ('LPH') has announced the successful achievement of first oil from the AK-2H well, located in the Sèmè Field Block 1 in Benin. Production from the well is expected to commence within the next two weeks. -
16 Feb 26
Georgia: Block Energy announces completion of CCS Pilot Study
Block Energy, the production and development company focused on Georgia, hass announced that the Carbon Capture Storage ('CCS') Pilot Study at the Patardzeuli Field has been successfully completed. A report, prepared by Oilfield Production Consultants ('OPC'), confirms the technical viability of permanent carbon storage at the site. -
16 Feb 26
Tanzania: Helium One Global announces Southern Rukwa Project update
Helium One Global, the primary helium explorer in Tanzania with a 50% working interest in the Galactica-Pegasus helium development project in Colorado, USA, has provided an update on the southern Rukwa Helium Project. -
16 Feb 26
Norway: Aker BP establishes next-generation MMO alliance with Aker Solutions
Aker BP has awarded Aker Solutions a long-term agreement for Maintenance, Modification and Operation services (MMO) covering all Aker BP-operated assets on the Norwegian continental shelf. -
16 Feb 26
Norway: Aker Solutions awarded long-term MMO frame agreement by Aker BP
Aker Solutions has been awarded a major five-year contract with Aker BP for Maintenance, Modification and Operation services (MMO). The contract covers all Aker BP's key assets on the Norwegian Continental Shelf, including the new Yggdrasil area. -
16 Feb 26
Angola: Eni confirms the significant oil discovery in Algaita-01, offshore Angola
Eni confirms a significant oil discovery in the Algaita-01 exploration well in Block 15/06, offshore Angola, approx. 18 km from Olombendo FPSO. Preliminary estimates indicate oil in place of around 500 million barrels. -
16 Feb 26
Core Lab celebrates 90 years of innovation, insights and impact
On February 13, 2026, Core Laboratories proudly celebrated its 90th anniversary. When the Company introduced core analysis as a commercial service in 1936, it transformed the petroleum industry forever. Today, the Company delivers globally recognized solutions that enable its clients to reduce uncertainty, de-risk decisions, unlock potential, and capture opportunities in increasingly complex energy environments. -
16 Feb 26
Halliburton advances CCUS performance with launch of XTR(TM) CS injection system
Halliburton launches the XTR™ CS injection system, a wireline-retrievable safety valve solution engineered for CO2 injection in carbon capture, utilization, and storage (CCUS) wells. Innovative wireline-retrievable solution delivers operational simplicity with proven performance under extreme temperature conditions. -
16 Feb 26
UK: Carbon Capture: Creating jobs, skills and growth across the UK
As the UK marks National Apprenticeship Week, the carbon capture, utilisation and storage (CCUS) sector is showcasing how apprenticeships are vital to delivering a critical industry, creating local jobs and boosting economic growth. -
16 Feb 26
Romania: OMV Petrom starts a photovoltaic project at Petrobrazi refinery
OMV Petrom, the largest integrated energy producer in South-Eastern Europe, will build a photovoltaic park at the Petrobrazi refinery. With an installed capacity of around 7 MW, the park will supply renewable power for the refinery’s own consumption. -
16 Feb 26
UK: OnPath Energy secures Contract for Difference for landmark East Ayrshire wind farm
Leading renewables developer OnPath Energy is moving forward with plans for a new onshore wind farm in East Ayrshire after being awarded a Contract for Difference (CfD) in the UK government’s latest allocation round. -
16 Feb 26
US: JERA announces close of its agreement to acquire an interest in the Haynesville Shale basin in western Louisiana.
JERA, through JERA Americas, has closed on its previously announced agreement with Williams and GEP Haynesville II, LLC to acquire 100% of their respective interests in the South Mansfield upstream asset located in the Haynesville Shale basin in western Louisiana.
