energy-pedia news

Search energy-pedia news by selecting date, type, and region from the drop-down boxes

The full News Archive is available to Corporate Subscribers only. Non-Subscribers can access up to four years of archived news. For details of how to subscribe click here.

        Reset
07 Apr 26
Subsea7 and SLB OneSubsea sign strategic collaboration agreement with PETRONAS Suriname
Subsea7 has announced the signing of a strategic collaboration agreement between PETRONAS Suriname, a subsidiary of PETRONAS and Subsea Integration Alliance (SIA), which comprises Subsea7 and SLB OneSubsea. The agreement creates a long-term framework for close collaboration on field development projects in Suriname.
07 Apr 26
Synergia Energy enters into $0.7m loan agreement
The Board of Synergia Energy has entered into an up to US$700,000 loan agreement with Republic Investment Management (the 'Republic Loan') to provide funding for general working capital requirements.
07 Apr 26
Egypt: Eni unveils 2 Tcf gas discovery offshore Egypt, unlocking fast track development potential
Eni has announced a significant gas and condensate discovery in Egypt, with the successful drilling of the Denise W 1 exploration well in the Temsah Concession, located offshore in the Eastern Mediterranean. Preliminary estimates indicate about 2 trillion cubic feet (Tcf) of gas initially in place (GIIP) and 130 Mbbl of associated condensates.
07 Apr 26
Suriname: Valaris enters into a Strategic Collaboration Agreement ('SCA') with PETRONAS Suriname Exploration & Production
Valaris has announced that its wholly owned subsidiary, Ensco UK Drilling, has entered into a Strategic Collaboration Agreement ('SCA') with PETRONAS Suriname and Halliburton to support the development of PETRONAS Suriname’s offshore assets.
07 Apr 26
Guyana: Hunting awarded $63.5 million of subsea orders for Guyana offshore development
Hunting PLC, the precision engineering group, has been awarded orders totalling $63.5 million for its titanium stress joint ('TSJ') product line, for a new offshore development in Guyana.
07 Apr 26
Dolphin Drilling signs Letter of Intent for Paul B. Loyd Jr
Dolphin Drilling has signed a Letter of Intent (LOI) in connection with a potential new contract for the PAUL B. LOYD JR through 2030.
07 Apr 26
US: 88 Energy secures Kad River 3D survey opening new potential in under-explored leases North Slope Alaska
Access to the 3D seismic data, in combination with historical well logs, will enable 88 Energy to apply its technical expertise to design a data-driven exploration programme across this highly-prospective and under-explored region.
07 Apr 26
Norway: Aker BP starts oil production from the Symra field in the North Sea
Aker BP has started oil production from the Symra field in the North Sea. The project has been delivered nine months ahead of original schedule, generating significant value and accelerating production start into 2026. The field is estimated to contribute approx. 63 million barrels of oil equivalent to the Eiga area.
07 Apr 26
Oman: Masirah Oil expects to start drilling programme in Yumna field in May 2026
Masirah Oil Limited ('MOL'), an indirect subsidiary of the Rex International Group, has announced that the drilling programme of three development wells in the offshore Yumna field in Block 50 Oman is now expected to commence in May 2026
07 Apr 26
Gabon: Panoro Energy awarded extension of Dussafu Production Sharing Contract
Panoro Energy has announced that the joint venture partners have received government approval for an amendment to the Dussafu Marin Production Sharing Contract ('PSC') offshore Gabon which provides for a material time extension of the PSC up to the year 2053.
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.



A global information service for upstream oil and gas opportunities - divestitures, farmins and farmouts and licensing rounds.


Subscriber Only Deals

Current Deals

Current Upstream Deals: 195

Completed Deals

Completed Upstream Deals: 6640

Company Profiles

Current Company Profiles: 2933

Corporate Activity

Current Corporate Activity articles: 4197

Companies Looking

Current number of articles: 466

Company Sales

Current Company Sales articles:1674

Geostudies

Current Geostudies articles: 1003

How to subscribe

energy-pedia Jobs

RSS Feed Widget
See all jobs...


energy-pedia Databank

The energy-pedia databank contains links to information on the world financial and energy markets, including share prices, oil and gas prices and the global stock exchanges. Read more...



energy-pedia Glossary

A list of commonly used terms in the oil and gas industry. Read more...

Subscribe

Subscribe to the FREE
energy-pedia Daily Newsletter
Subscribe

Rose & Assocs
Telos NRG
Bayphase
Merlin
Borchwix
Syntillica
OPC
Union Jack Oil 149
energy365
About energy-pedia

energy-pedia news is a FREE news service written and edited by E and P professionals for E and P professionals.

We don't just report the news, we give you the technical background as well, with additional information derived from our unique energy-pedia opportunities service.
Contact us

energy365 Ltd

238 High Street
London Colney
St Albans
UNITED KINGDOM

Tel: +44(0)1727 822675

Email: info@energy-pedia.com