Latest News
-
12 Mar 26
Oceanica Engenharia enter into new long-term contracts with Petrobras, with a total value of approx. US$ 736 million
Oceanica Engenharia reports that, between December 2025 and February 2026, it entered into new long-term contracts with Petrobras, with a total value of approx. US$ 736 million (R$ 4.2 billion). With these new contracts, the Company’s backlog increases to approx. R$ 12 billion, reinforcing Oceanica’s position in the Brazilian offshore services market. -
12 Mar 26
Croatia: INA awarded exploration permits for blocks SAVA-10/1 and DRAVA-02/02
Following an international tender for the granting of permits for the exploration and production of hydrocarbons in the Republic of Croatia, INA has been awarded exploration permits for two new exploration blocks: SAVA-10/1 and DRAVA-02/02. -
12 Mar 26
Norway: Geoex MCG commences reprocessing of the RDI MC2D dataset in the Norwegian Sea
Geoex MCG has initiated Phase I (the Norwegian Sea) of the reprocessing programme for the Regional Deep Imaging (RDI) MC2D dataset in collaboration with RockWave. -
12 Mar 26
Libya: TotalEnergies announces the restart of production at the Mabruk field
TotalEnergies has announced the restart of production at the Mabruk oil field in Libya, in which the Company holds an interest of 37.5%. The Mabruk field is located onshore, in concession C17, around 130 km south of Sirte. Production from the field was stopped in 2015. -
12 Mar 26
The value of specialist technical input and the power of clinic style support - Merlin Geoscience
In the geosciences, technical uncertainty is inherent. Subsurface systems are complex, data is imperfect, and decisions often carry significant operational, financial, and environmental implications. Whether evaluating reservoirs, characterising geological risk, integrating multidisciplinary datasets, or navigating evolving regulatory frameworks, projects depend on robust scientific judgement. In this environment, access to specialist geoscience expertise becomes not just helpful but essential. -
12 Mar 26
Guyana: Viridien and BGP announce agreement with government of Guyana for multi-client 3D seismic program over shallow water acreage
Viridien and BGP have entered into an agreement with the Ministry of Natural Resources of the Cooperative Republic of Guyana to launch a massive multi-client 3D seismic acquisition and imaging program across the shallow water acreage lots 2, 3 and 4, an area comprising approximately 25,000 sq kms. -
12 Mar 26
Angola: Metatek-Group completes airborne survey of the Kwanza Basin in Angola to support onshore oil and gas exploration in the region
UK-based geophysical company Metatek-Group has completed an airborne survey of the Kwanza Basin in Angola to support onshore oil and gas exploration in the region. It is the first time the basin has been surveyed with modern technology, offering new insights into the subsurface and the precise locations that hold the most potential for future drilling programmes. -
12 Mar 26
Germany: Nordex Group to supply turbines for 49 MW community wind farm in North Rhine-Westphalia, Germany
The Nordex Group has received an order totaling 49 MW for a new community wind farm in North Rhine-Westphalia, Germany. The project is located in the Borken district in Münsterland. The project highlights the growing importance of community energy models for the expansion of onshore wind energy in Germany. -
12 Mar 26
RWE delivers strong financial performance in 2025 and sets course for exceptional earnings growth until 2031
RWE has delivered a strong performance in fiscal 2025 – both operationally and financially. The forecast was clearly met, with adjusted EBITDA of €5.1 billion and adjusted net income of €1.8 billion. -
12 Mar 26
Bulgaria: OMV Petrom joins Shell and TPAO in an offshore exploration project in Bulgaria
OMV Petrom, the largest integrated energy producer in Southeast Europe, has announced its entry into the exploration consortium for the Han Tervel offshore block in the Bulgarian Black Sea. OMV Petrom will hold a 25% stake in the project, joining operator Shell (42%) and Türkiye Petrolleri A.O. (TPAO) subsidiary Turkish Petroleum Overseas Company Limited (TPOC) (33%). -
12 Mar 26
Equinor enters bio-methanol agreement with Wallenius Wilhelmsen
Equinor has entered into a 2-year bio-methanol supply agreement with Wallenius Wilhelmsen, a major global player in shipping and vehicle logistics, supporting a growing marine segment for low-carbon fuels. Soon bio-methanol from Equinor will fuel ships that are bringing cars and machinery from points of production to markets. -
11 Mar 26
IEA Member countries to carry out largest ever oil stock release amid market disruptions from Middle East conflict
The 32 Member countries of the International Energy Agency have unanimously agreed to make 400 million barrels of oil from their emergency reserves available to the market to address disruptions in oil markets stemming from the war in the Middle East. -
11 Mar 26
US: Interior holds Second Lease Sale in the Gulf of America under One Big Beautiful Bill Act advancing American Energy dominance
The Department of the Interior has announced the Bureau of Ocean Energy Lease Sale Big Beautiful Gulf 2, or BBG2, generated $46,976,423 in high bids. The sale, the second non-discretionary offshore oil and gas lease sale required under President Trump’s 'One Big Beautiful Bill Act' in the Gulf of America, included 25 blocks covering approximately 141,000 acres in federal waters of the Gulf of America. Thirteen companies submitted 38 bids totaling $69,838,782. -
11 Mar 26
Brazil: TotalEnergies announces the start-up of the Lapa South-West project, located in the Santos Basin, offshore Brazil
TotalEnergies (48%, operator) has announced the start-up of the Lapa South-West project, located in the Santos Basin, approx. 300 kms offshore Brazil. The Lapa South-West project, including three wells connected to the existing Lapa floating production, storage, and offloading (FPSO) unit, will increase production from the Lapa field by 25,000 barrels per day.
