Latest News
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17 Feb 26
Deep Value Driller announces agreement to sell the Deep Value Driller
Deep Value Driller has announced an agreement to sell the Deep Value Driller Drillship to Saipem for a total purchase price of USD 272.5 million payable in cash. -
17 Feb 26
THREE60 Energy, Innovair and Oil States announce strategic alliance for caisson integrity management
THREE60 Energy, Innovair, and Oil States are pleased to announce a strategic alliance to deliver integrated solutions for caisson integrity management in the global oil and gas sector. -
17 Feb 26
Italy: MET Group completes second solar park in Italy
Swiss-based energy company MET Group has successfully commissioned its Caltignaga solar power plant in Italy. The Agri-PV solar project has an installed capacity of 10 MWp and an expected annual generation of 15 GWh, producing enough electricity to power around 6,000 Italian households each year. -
17 Feb 26
Egypt: ABL awarded offshore gig at Egypt’s Kamose field
Energy and marine consultancy ABL has been appointed to provide marine warranty survey services to support the offshore construction for the Phase 4 development of the Kamose offshore gas field development in the Mediterranean Sea for North Sinai Petroleum Company (NOSPCO). -
17 Feb 26
Romania: EBRD finances €34 million for major solar projects in Romania
The European Bank for Reconstruction and Development (EBRD), which has been instrumental in supporting Romania's renewable energy ambitions, is providing a senior secured loan of up to €34 million to Solar World SRL, RB Solar Energy SRL and Energie Soleil SRL for the development, construction and operation of two solar power plants in the southern part of Romania. -
16 Feb 26
US: Buccaneer Energy announces successful completion of an Organic Oil Recovery pilot project at Pine Mills
AIM-listed Buccaneer Energy, the international oil & gas exploration and production company with a portfolio of production and development assets in Texas, USA, has announced the successful completion of an Organic Oil Recovery ('OOR') pilot project in its Pine Mills field in East Texas. -
16 Feb 26
Argentina: DOF Group awarded contract in Argentina
DOF Group has announced the award of a Substantial* contract for a project in Argentina. DOF will utilise Skandi Hera and Skandi Patagonia for the project with an expected combined duration of more than 250 days. -
16 Feb 26
Timor Leste: Finder Energy's KTJ Project passes major development milestone
Finder Energy has announced the successful completion of FrontEnd Engineering Design for the Subsea Production System (SPS) and Production Wells (FEED) for the Kuda Tasi and Jahal Development Project (KTJ Project), offshore Timor Leste. FEED was completed on schedule in accordance with the fast-track development timeline for the KTJ Project. -
16 Feb 26
Greece: Chevron awarded four offshore leases for Greece exploration blocks
Chevron, via its four Dutch subsidiaries, together with HELLENiQ ENERGY has today signed Lease Agreements with the Hellenic Republic which will enable exploration of four blocks offshore Greece. -
16 Feb 26
UK: Union Jack Oil announces West Newton permit variation
Union Jack Oil, a UK and USA focused onshore hydrocarbon, production, development, exploration and investment company notes today’s announcement from Rathlin Energy U.K. regarding the West Newton gas development project, located within PEDL183, onshore UK in East Yorkshire. -
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.
