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07 Apr 26	Egypt: Arcius invests up $500 million to develop the Harmattan field offshore Egypt Arcius has announced the Final Investment Decision (FID) to develop the Harmattan gas field in the El Burg Offshore concession area, a significant step toward executing one of its first projects in Egypt. The investment, estimated at approx. half a billion USD, will help support and increase natural gas production to meet domestic market needs.
06 Apr 26	UK/Norway: 700 Miles and a world apart: Why Norway and the UK are on divergent energy trajectories A visit last month to Offshore Norge’s annual conference in Oslo was a powerful reminder that despite a shared history of developing offshore resources in the North Sea over the past fifty years, the UK and Norway are now on very different trajectories – driven by policy not geology.
06 Apr 26	US: BLM seeks initial input for October 2026 sale of oil and gas leases in Montana and Dakotas The Bureau of Land Management has opened a 30-day public scoping period to receive public input on 20 oil and gas parcels totaling 3,387 acres that may be included in an October 2026 lease sale in Montana and Dakotas. The scoping period ends May 4, 2026.
06 Apr 26	Brazil: Ventura Offshore announces contract extensions of the SSV Victoria and managed rig Atlantic Zonda, operating offshore Brazil Ventura Offshore has announced contract extensions of the SSV Victoria semi-submersible and managed rig Atlantic Zonda, operating offshore Brazil.
06 Apr 26	Brazil: Valaris announces multi-year contract award for drillship VALARIS DS-4 Valaris has been awarded a 1,064-day contract extension with Petrobras offshore Brazil for drillship VALARIS DS-4. The extension is expected to commence in November 2027 in direct continuation of the existing program and will add approximately $447 million to contract backlog.
06 Apr 26	Suriname: Halliburton enters strategic collaboration agreement for PETRONAS Suriname asset development Halliburton has entered into a Strategic Collaboration Agreement with PETRONAS Suriname Exploration & Production and Valaris to support the development of PETRONAS Suriname’s local assets.
06 Apr 26	Chevron statement regarding exclusivity agreement with Microsoft and Engine No. 1 AI is driving significant growth in demand for reliable, always on power, underscoring the importance of energy security and abundant domestic supply. To support that demand, Chevron, Microsoft and Engine No. 1 have entered into an exclusivity agreement related to the negotiation of a proposed power generation and electricity offtake arrangement.
06 Apr 26	Brazil: Seadrill anounces West Polaris contract extension in Brazil Seadrill has announced the ultra-deepwater drillship, West Polaris, was awarded a 1,095-day contract extension with Petrobras for the Búzios field in the Santos Basin, offshore Brazil.
06 Apr 26	Brazil: Petrobras reports on financial settlement regarding the redetermination of the Tupi Shared Field Petrobras reports on financial settlement regarding the redetermination of the Tupi Shared Field. Petrobras received approx. R$ 3 billion from other private companies and paid approx. R$ 600 million to the Brazilian government.
06 Apr 26	Saudi Arabia, Russia, Iraq, UAE, Kuwait, Kazakhstan, Algeria, and Oman adjust production and reaffirm commitment to market stability The eight OPEC+ countries, which previously announced additional voluntary adjustments in April and November 2023, namely Saudi Arabia, Russia, Iraq, UAE, Kuwait, Kazakhstan, Algeria, and Oman met virtually on 5 April 2026, to review global market conditions and outlook.
06 Apr 26	Australia: Falcon Oil & Gas achieves stellar IP20 flow test result in the Beetaloo Falcon Oil & Gas has announced that Shenandoah SS2-1H (SS2-1H) achieved an average 20-day initial production (“IP20”) flow rate of 10.3 million cubic feet per day (MMcf/d) over 2,632-metres (8,635-foot) across a 57 stage stimulated length within the Amungee Member B-Shale in the Beetaloo Sub-basin, Northern Territory, Australia.
06 Apr 26	Indonesia: Lion Energy provides update on planned Bula Karang 1 well Lion Energy has provided an update on progress at its Bula Karang-1 drilling project. Rig secured for 12 million barrel (P50) exploration well in the East Seram PSC within budget. Bula-Karang-1 well has an estimated 38% probability of success.
06 Apr 26	US: Department of the Interior begins transition to Marine Minerals Administration The Department of the Interior today announced the start of a phased plan to establish the Marine Minerals Administration, bringing together the functions of the Bureau of Ocean Energy Management and the Bureau of Safety and Environmental Enforcement.
06 Apr 26	US: Weatherford announces proposal to redomesticate to the United States, establishing Texas as new legal domicile Weatherford International has announced its proposal to reorganize the Company’s corporate structure by redomesticating its parent company from Ireland to the United States, with Texas as the parent company’s new legal home. The proposed redomestication is expected to be completed in the third quarter of 2026
06 Apr 26	US: BOEM highlights role of offshore leasing and planning in supporting record energy production The Bureau of Ocean Energy Management announced today the critical role of offshore leasing, resource assessment and long-term planning in supporting record oil production on the U.S. Outer Continental Shelf, which reached more than 714 million barrels in 2025.