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14 Aug 26 |
Seatrium & Golar ink LOI for third FLNG conversion Seatrium has entered into a Letter of Intent ('LOI') with repeat customer, Golar LNG to advance a potential third Floating Liquefied Natural Gas ('FLNG') conversion project to be undertaken by Seatrium for Golar. |
14 Aug 26 |
Argentina LNG submits application for RIGI approval Argentina LNG, the integrated liquefied natural gas (LNG) project promoted by YPF, Eni and XRG, has submitted its application to join Argentina’s Large Investment Incentive Regime (RIGI), supporting the development of a large-scale LNG export project leveraging the resources of the Vaca Muerta formation. |
14 Aug 26 |
Venezuela: XRG advances global gas strategy with entry into Venezuela XRG, ADNOC's international energy investment company, has announced its entry into Venezuela through the award of the offshore Loran licence by the Bolivarian Republic of Venezuela, and the transfer of interest in the license by PDVsA Gas. The licence contains over 4 trillion cubic feet of proven gas resources. |
14 Aug 26 |
Indonesia Energy Corporation reports progress on drilling of K-29 well Indonesia Energy Corporation, an oil and gas exploration and production company focused on Indonesia, has announced that its K-29 well, which was spudded on July 25, 2026, continues to drill ahead on schedule and has reached a depth of more than 2,500 feet. |
14 Aug 26 |
Brazil: Petro-Victory Energy delivers transformational first-year performance at Capixaba Energia Petro-Victory Energy Corp, following the announcement of the partnership and acquisition of Capixaba Energia on April 29, 2025, has announced the results of its first year of operations at Capixaba Energia, highlighting significant production growth, improved operating margins and strong cash generation. |
14 Aug 26 |
Azerbaijan: Emerson to automate BP-operated Shah Deniz Compression project BP has awarded global automation leader Emerson a multi-million-dollar contract to deliver automation technologies for the Shah Deniz Compression project off the coast of Azerbaijan. |
13 Aug 26 |
Brazil: Petrobras' Tupi field reaches a cumulative production of 4 billion barrels The Tupi field, in the pre-salt layer of the Santos Basin, has reached a cumulative production of 4 billion barrels of oil equivalent (boed), becoming the first in the company's 73-year history to achieve this production volume. The first pre-salt system to enter commercial production, in 2010, it required the development of a new exploration model and pioneering technologies. |
13 Aug 26 |
UK: Reinstated wells produced 16 million boe in 2025 North Sea operators produced an extra 16 million barrels of oil from 56 reinstated wells in 2025 as they focused on well interventions which boosted production and efficiency. The success of this campaign has been supported by a significant improvement in intervention efficiency, with the cost per barrel of oil equivalent added decreasing from £9.60/boe in 2024 to £7.60/boe in 2025. A total of 398 well interventions were carried out in the year. |
12 Aug 26 |
Argentina: Third hydraulic fracturing set strengthens Tenaris capabilities in Vaca Muerta, Argentina Tenaris has successfully started operations of its third hydraulic fracturing set in Vaca Muerta, one of the world's largest shale oil and gas reservoirs, located in Neuquén, Argentina. |
12 Aug 26 |
Kuwait: Baker Hughes awarded multi-year contract by Kuwait Oil Company for Ahmadi Innovation Valley Project Baker Hughes has announced a multi-year contract with Kuwait Oil Company (KOC) to accelerate technology innovation in the country’s upstream energy sector. The contract positions Baker Hughes as a key technology collaborator in the Ahmadi Innovation Valley (AIV), KOC’s flagship initiative aimed at establishing an in-country research and innovation hub to address its strategic oil and gas development priorities. |
11 Aug 26 |
Australia: Arrow Energy supports hundreds of local jobs as Surat Gas Project progresses Arrow Energy has announced it will begin developing the next phase of its Surat Gas Project (SGP) in an area south of Chinchilla in late 2026, supporting hundreds of local jobs in the Western Downs. |
