Latest News
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12 Feb 26
Argentina: Eni, YPF and XRG sign Joint Development Agreement advancing Argentina LNG
Eni, YPF and XRG, the foundational project partners, today announced they have signed a binding Joint Development Agreement (JDA) to advance Argentina LNG. This large-scale integrated gas and liquefaction project will unlock Argentina’s Vaca Muerta shale basin and help position the country as a long-term global LNG supplier. -
12 Feb 26
UK: Great British Energy announces Aberdeen headquarters
Marischal Square development in Aberdeen city centre has been confirmed as the permanent home for Great British Energy (GBE). The new HQ will host GBE's main corporate functions, supply chain activities, and major development projects including ambitions in deep-water offshore wind. -
12 Feb 26
Elemental Energies acquires Applied Petroleum Technology
Integrated subsurface, wells, and facilities specialist, Elemental Energies, has announced its acquisition of the specialist geoscience company, Applied Petroleum Technology (APT). -
12 Feb 26
Norway: Vår Energi and its partner Kistos Energy have drilled a dry well in the Balder area in the North Sea
Vår Energi and its partner Kistos Energy have drilled a dry well in the Balder area in the North Sea. Well 25/8-C-23 D ('Prince Updip') was drilled in production licence 027, from the Ringhorne installation. -
12 Feb 26
US: Helium One Global provides Galactica 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 following the Blue Star Helium announcement issued today regarding the Galactica Project. -
12 Feb 26
UK: New auction delivers unprecedented clean, homegrown power
Britain has taken another significant leap towards energy independence and lower bills as it announces record levels of new solar and onshore wind projects as part of its latest renewables auction. -
12 Feb 26
Noble Corporation reports fourth quarter and full year 2025 results.
Solid fourth quarter performance brought full year 2025 Adjusted EBITDA to the upper half of the original guidance range and contributed to another year of strong free cash flow. -
12 Feb 26
TGS announces Q4 2025 results
TGS has reported interim financial results for Q4 2025. Q4 Revenues of USD 363 million, driven by strong multi-client performance (sales-to-investment of 2.0x for the full year 2025). Solid order inflow of USD 598 million in Q4 2025 - total order backlog increased to USD 706 million. Net cash flow of USD 206 million in 2025. Solid order inflow of USD 598 million in Q4 2025 - total order backlog increased to USD 706 million Net cash flow of USD 206 million in 2025 -
11 Feb 26
Australia: Omega Oil and Gas awarded large new Taroom Trough acreage setting up a transformational 2026
Following a competitive tender process, the Queensland Government has awarded a large, new land area in the Taroom Trough to an Omega-led joint venture comprising Omega Oil and Gas Limited (Omega) 45% and Operator, Tri-Star E&P Ltd (Tri-Star) 30%, and Beach Energy. -
11 Feb 26
Malaysia: PETRONAS launches Malaysia Bid Round 2026, strengthening Malaysia as energy investment hub
PETRONAS has launched the Malaysia Bid Round 2026 (MBR 2026), with the theme 'Advantaged Energy: Accelerating and Shaping Tomorrow', aiming at strengthening Malaysia’s position as a premium investment destination. -
11 Feb 26
Libya: Chevron enters Libya with new block award as part of broader exploration growth strategy
Chevron by its subsidiary Chevron Business Development EMEA Ltd, has entered Libya after it was designated as a winning bidder in the 2025 Libyan Bid Round. Chevron was designated as the winning bidder for Contract Area 106 located in the Sirte Basin. -
11 Feb 26
Libya: Eni awarded a new offshore exploration license in Libya
Eni has been awarded the offshore exploration License O1 following the Libyan NOC’s competitive 2025 open licensing round. The concession has been granted to a consortium led by Eni in partnership with QatarEnergy, marking a significant step forward in strengthening Eni’s upstream position in the country. -
11 Feb 26
Saudi Arabia: Soiltech awarded contract in Saudi Arabia
Soiltech has been awarded a contract with Estedama Environmental Solutions Co to deliver fluid treatment services (STT®) in Saudi Arabia, utilizing Soiltech’s market-leading technologies for waste reduction, waste recovery and reuse.
