Latest News
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10 Jul 26
Norway: Norwegian Offshore Directorate grants Vår Energi a drilling permit for well 36/7-6 S in PL 636
The Norwegian Offshore Directorate has granted Vår Energi a drilling permit for well 36/7-6 S in production licence PL 636. Planned spud date is September 2026. -
10 Jul 26
Timor Leste: ANP has approved the Field Development Plan (FDP) for Finder Energy's Kuda Tasi and Jahal Project
Finder Energy has announced that the Autoridade Nacional do Petróleo (ANP) has approved the Field Development Plan (FDP) for the Kuda Tasi and Jahal Project (KTJ Project) offshore Timor Leste. -
10 Jul 26
Norway: Norwegian Offshore Directorate grants Vår Energi a drilling permit for well 6407/5-3 S in PL 1002
The Norwegian Offshore Directorate has granted Vår Energi a drilling permit for well 6407/5-3 S in production licence PL 1002. Planned spud date is July 2026. Licensees are: Var Energi (Operator) 42.30%; Equinor 57.7%. -
10 Jul 26
Norway: Vår Energi announces Q2 2026 trading update
Vår Energi will publish its financial report for the second quarter 2026 on Tuesday 21 July. Today, the Company provides an update on production, sales volumes and other relevant items. Average production in the first half of 2026 was 391 kboepd. Vår Energi’s net production of oil, liquids and natural gas averaged 376 kboepd in the second quarter of 2026, a decrease of 7% from the first quarter of 2026 and an increase of 31% compared to the second quarter of 2025. -
10 Jul 26
US: Baker Hughes secures substantial equipment and services awards for Cheniere’s Sabine Pass LNG facility
Baker Hughes has announced three substantial awards for Cheniere’s Sabine Pass LNG facility in Cameron Parish, Louisiana. The awards, booked in the second quarter, comprise orders from Bechtel Energy Inc. (Bechtel) and Cheniere to supply liquefaction equipment for Train 7 and for a boil-off gas re-liquefaction unit, as well as an award for fleet-wide gas turbine technology upgrades. -
10 Jul 26
US: GTT receives an order from Samsung Heavy Industries for the tank design of the first U.S. FLNG unit, the world’s largest by production capacity
GTT has received, in the second quarter of 2026, an order from Samsung Heavy Industries shipyard for the tank design of Delfin FLNG 1, a floating liquefied natural gas unit (FLNG) to be built for the Delfin LNG project. Delfin FLNG 1 will be the first floating liquefied natural gas unit to enter service in the United States, as well as the world’s largest in terms of expected production capacity. -
10 Jul 26
Malaysia: EnQuest announces proposed $833 million acquisition of Participating Interests in PSCs Offshore Malaysia
EnQuest has announced that its wholly-owned subsidiary, EnQuest Petroleum Production Malaysia, has agreed to acquire three separate packages that include interests in four offshore production sharing contracts in Malaysia. -
10 Jul 26
Congo Brazzaville: PetroNor provides production update on the PNGF Sud field operations in Congo Brazzaville
PetroNor E&P has provided an update on the PNGF Sud field operations in Congo. Second quarter average net working interest production was 5,007 bopd, extending the improving trend compared with 4,712 bopd in the previous quarter and 4,289 bopd in the second quarter of 2025. -
10 Jul 26
Argentina: Archer awarded additional super-spec rig contract in Vaca Muerta
Archer has announced the award of an additional five-year contract, with two one-year extension options, from YPF for a super-spec drilling rig to its Vaca Muerta fleet. The contract has an estimated value of approx. USD 90 million over the firm contract period and further strengthens Archer's long-term position in one of the world's most active unconventional shale developments. -
10 Jul 26
Peru: PetroTal awards Halliburton eight-well drilling campaign in Peru
Halliburton has been awarded an eight-well contract from PetroTal for work in the Loreto Region of northeastern Peru. The project supports PetroTal’s development of a key producing asset.Under the contract, Halliburton will deliver drilling and cementing services. -
10 Jul 26
UK: Archer awarded a large P&A contract in the UK
Further to the announcement on June 26, 2026, Archer has now entered into a large contract related to plug and abandonment ('P&A') activities in the UK North Sea for Well-Safe Solutions on the Beryl and Forties fields operated by Apache North Sea. The decommissioning project, which will commence during 2026, includes seven platforms and more than 260 wells. -
09 Jul 26
Indonesia: SLB OneSubsea awarded major umbilical contract by Eni for offshore Indonesia project
SLB has announced that its OneSubsea™ joint venture has been awarded a contract by Eni North Ganal Limited (Subsidiary of Searah Limited, a joint venture Company between Eni and PETRONAS) to deliver a steel tube umbilical system for the Kutei North Hub field development project offshore East Kalimantan, Indonesia. -
09 Jul 26
Indonesia: Eni and Halliburton achieve industry first with Closed-Loop Rig Automation in deepwater Indonesia
Halliburton has announced the successful deployment of LOGIX™ automation and remote operations on a deepwater exploration well with Eni offshore Indonesia. The operation marks a series of industry and regional firsts that advance closed loop drilling automation and demonstrate performance at scale in complex offshore environments.
