Latest News
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29 Jan 26
Ireland: Lansdowne Oil & Gas secures further Convertible Loan Agreements for £100,000
Lansdowne Oil & Gas has entered into further Convertible Loan Agreements for £100,000. The Company intends to use the funds to provide working capital whilst progressing the final stages of a potential reverse takeover, which is targeted to complete in the first quarter of 2026. -
29 Jan 26
Malaysia: Seascape Energy announces Keladi Prospect upgrade and Temaris Cluster Resource update
Seascape Energy has announced a material upgrade to its Keladi prospect following an updated independent evaluation of the Prospective Resources by Sproule ERCE on the Temaris Cluster ('Temaris', 100% PI, operated). The Competent Persons Report ('CPR') now ascribes almost 1 TCF of net mean unrisked Prospective Resources to the Temaris block. -
29 Jan 26
Georgia: Block Energy announces extension of its existing secured loan facility and related party transactions
Block Energy, the production and development company focused on Georgia, has announced an extension to the Term of its existing $2.0 million senior secured loan facility and related transactions. -
29 Jan 26
Gran Tierra Energy reports seventh consecutive year of South American reserves growth
Gran Tierra Energy, an independent international energy company focused on oil and natural gas exploration and production in Canada, Colombia and Ecuador, has announced the Company’s 2025 year-end reserves and specified resources. -
29 Jan 26
India: Cairn Oil & Gas announces gas discovery in Ambe - first DSF block to be monetised on the West Coast
Cairn Oil & Gas, part of Vedanta, and India’s largest private oil and gas exploration and production company, has notified the DGH and Ministry of Petroleum and Natural Gas of a gas discovery in its appraisal well Ambe-2A on the West Coast. -
29 Jan 26
Noble Corporation completes the sale of five jackup rigs to Borr Drilling
Noble Corporation has completed the sale of five jackup rigs to Borr Drilling for $360 million. The Company generated approx, $210 million in cash plus $150 million in seller notes from the sale of the Noble Tom Prosser, Noble Mick O'Brien, Noble Regina Allen, Noble Resilient and Noble Resolute. -
28 Jan 26
Colombia: GeoPark renews offtake agreement with Vitol in Colombia
GeoPark, a leading independent energy company with over 20 years of successful operations across Latin America, has announced the renewal of its offtake and prepayment agreement with Vitol, extending the term and expanding the scope of collaboration across the Llanos basin in Colombia. -
28 Jan 26
High-impact wells: Africa will continue to drive global drilling activity in 2026
According to the latest research from Rystad Energy, Africa is set to continue leading global drilling activity, accounting for around 40% of planned high-impact exploration wells, driven largely along the Atlantic margin, with exploration expected to focus on the Orange Basin in Southern Africa and the Gulf of Guinea in West Africa, reinforcing the region’s role in global high-impact drilling. -
28 Jan 26
Borr Drilling completes acquisition of five premium jack-up rigs
Borr Drilling has completed its previously announced acquisition of five premium jack-up rigs from Noble Corporation for a total purchase price of $360 million. -
28 Jan 26
US: Buccaneer Energy completes a reserve valuation update in connection with its credit facility with WAFD Bank
AIM-listed Buccaneer Energy, the international oil & gas exploration and production company with a portfolio of production and development assets in Texas, USA, has completed a reserve valuation update in connection with its credit facility with WAFD Bank, formerly Washington Federal Savings and Loan. -
28 Jan 26
Oman: SLB awarded multi-year contracts to support Oman’s energy development
SLB has been awarded two five-year contracts by Petroleum Development Oman (PDO) to supply wellheads and artificial lift technologies for operations in Block-6, Oman’s largest oil and gas concession, while advancing in-country value (ICV). -
28 Jan 26
UK: Government saves 300 jobs on the Isle of Wight
Government intervention alongside investment from Vestas has saved over 300 jobs at their Isle of Wight factory, securing its future as the UK’s only dedicated onshore wind blade plant.
