Latest News
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09 Sep 25
Egypt: bp signs memorandum of understanding to drill five wells in the Mediterranean
bp has announced the signing of a Memorandum of Understanding (MoU) to evaluate opportunities for a five-well programme at water depth ranging from 300 to 1,500 meters in the Mediterranean Sea. -
09 Sep 25
Vantage Drilling International announces contract for Platinum Explorer
Vantage Drilling International has announced that, further to the Conditional Letter of Award announced on 23 April 2025 and extended on 22 July 2025, the Company has entered into a contract for the drillship Platinum Explorer. -
09 Sep 25
Gabon: ReconAfrica announces strategic entry into offshore Gabon
Reconnaissance Energy Africa (ReconAfrica) has entered into a production sharing contract and a joint venture agreement, led by Recon along with Record Resources Inc., the Republic of Gabon and its national oil and gas company, Gabon Oil Company ('GOC'). The PSC is for the exploration, appraisal, development and production of oil and gas on Gabon offshore Block C-7, renamed Ngulu. -
09 Sep 25
US: ConocoPhillips adds Gulf Coast LNG supply with latest long-term agreement
ConocoPhillips has signed a long-term sales and purchase agreement (SPA) to lift 1 million tonnes per annum (MTPA) of liquefied natural gas (LNG) from the Rio Grande LNG project under development by NextDecade Corporation, near Brownsville, Texas. -
09 Sep 25
Malaysia: McDermott awarded deepwater subsea contract by PTTEP in Malaysia
McDermott has been awarded a large* offshore subsea contract by PTTEP Sabah Oil Limited (PTTEP) for the Block H gas field expansion project, located offshore Sabah, in East Malaysia covering the Alum, Bemban and Permai deepwater fields. -
09 Sep 25
South Korea: TotalEnergies to supply 1 million tons per year of LNG to KOGAS for 10 years
TotalEnergies and KOGAS, South Korea’s national natural gas company, have announced the signing of a Heads of Agreement (HoA) for the annual delivery in South Korea of 1 million tons (Mt) of LNG per year over a 10-year period starting from the end of 2027. -
09 Sep 25
Norway: Viridien commences advanced seismic imaging of Utsira North multi-client OBN survey to support exploration and development
Viridien has announced the commencement of the processing and imaging phase for the Utsira North multi-client Ocean Bottom Node (OBN) seismic survey in the Norwegian North Sea, following the completion of acquisition this summer. Final imaging results are scheduled for delivery for industry licensing in the third quarter of 2026. -
09 Sep 25
Germany: Innovative environmental monitoring launched at RWE's Kaskasi offshore wind farm
RWE’s Kaskasi offshore wind farm has set a milestone: for the first time in Europe, a drone equipped with a high-resolution camera system was used for offshore environmental monitoring. This technique is a low CO2-emission, and less intrusive alternative to traditional methods of observing birds and marine mammals, which are based on airplanes and ships. -
09 Sep 25
France/Germany: SHS Group and Verso Energy sign groundbreaking hydrogen contract
The SHS - Stahl-Holding-Saar Group (SHS Group) has concluded a long-term contract with energy company Verso Energy for the annual supply and purchase of at least 6,000 tons of 'green' hydrogen. -
09 Sep 25
Uruguay: Challenger Energy announces operational and corporate update
Challenger Energy Group, the Atlantic margin focussed energy company, has provided an operational and corporate update. Sale of the Company's Trinidad and Tobago business has been finalised and the Uruguay AREA OFF-3 farm-out process has been launched. -
09 Sep 25
Gulf Keystone Petroleum pursuing potential dual listing in Oslo
Gulf Keystone, a leading independent operator and producer in the Kurdistan Region of Iraq, has announced that it is pursuing a potential dual listing of its shares on Euronext Growth Oslo operated by the Oslo Stock Exchange. -
09 Sep 25
Afentra announces 2025 half year results
Afentra, the upstream oil and gas company focused on acquiring production and development assets in Africa, has announced its half year results for the six months ended 30 June 2025. Afentra has made meaningful strategic progress in the first half of 2025, expanding its non-operated positions and being awarded its first operated acreage in Angola. -
09 Sep 25
Colombia: Arrow Exploration announces operational update
Arrow Exploration, the high-growth operator with a portfolio of assets across key Colombian hydrocarbon basins, has provided an update on recent operational activity on the Tapir Block in the Llanos Basin of Colombia where Arrow holds a 50 percent beneficial interest. -
09 Sep 25
Brazil: BW Energy completes Maromba FPSO financing and signs short-term lease for the development rig
BW Energy has announced the completion of a USD 365 million project finance facility to fund the refurbishment and redeployment of the Maromba Floating Production Storage Offloading vessel ('FPSO') to the Maromba field offshore Brazil, and has finalised a short-term lease for the acquisition of the Maromba development rig. -
09 Sep 25
US: Monkey Island LNG and McDermott join forces to increase LNG output by up to 60% per acre
Monkey Island LNG has awarded McDermott a Master Services Agreement (MSA) to provide front-end engineering and planning services for its planned world-scale natural gas liquefaction facility in Cameron Parish, Louisiana.
