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07 May 26 |
US: 88 Energy secures rig for Augusta-1 exploration well, South Prudhoe, North Slope Alaska 88 Energy has secured Nordic-Calista Services Rig-3 to drill the Augusta-1 exploration well, located within the Company's South Prudhoe acreage on Alaska's North Slope (100% working interest, 16.7% royalty). The Company is progressing a farmout-led funding strategy, supported by its existing cash position, to enable the drilling of the Augusta-1 well in Q1 CY2027 while retaining material exposure to exploration upside. |
06 May 26 |
US: Diversified and Carlyle partner to acquire assets from Camino Natural Resources Diversified Energy Company, in partnership with global investment firm Carlyle's Global Credit platform, are pleased to announce the execution of a purchase agreement for the acquisition of a bolt-on portfolio of certain oil and natural gas properties, along with related assets located within the Anadarko Basin of Oklahoma from Camino Natural Resources. |
06 May 26 |
US: INEOS and Shell agree to progress new oil and gas opportunities in the Gulf of America INEOS Energy and Shell Offshore Inc., a subsidiary of Shell plc, have agreed to jointly invest in exploration and development opportunities, strengthening their collaboration and supporting long-term energy security, from areas in tieback distance to the Appomattox platform in the Gulf of America. |
06 May 26 |
US: Union Jack Oil announces spudding of Crossroads well, Oklahoma USA AIM-listed Union Jack Oil, a UK and USA focused onshore hydrocarbon, production, development, exploration and investment company, has been informed by Reach Oil and Gas Company (the 'Operator'), that the Crossroads Well was spudded on 5 May 2026. Union Jack currently holds a 43% interest in the project. |
06 May 26 |
Brazil: DOF Group awarded 12-year charter/services contracts for each of 4 x RSV newbuilds in Brazil DOF Group has announced the award, following a competitive tender process, of 12-year long-term charter/services contracts for ROV Support Vessels ('RSV') in Brazil. |
05 May 26 |
Mexico: EnerMech wins major subsea pre-commissioning contract for Subsea7 on Trion development EnerMech has been awarded a significant contract by Subsea7. This latest award reinforces EnerMech’s strong capability in the Americas and its commitment to supporting clients with technical expertise, operational reliability and integrated solutions that improve certainty across complex offshore developments |
05 May 26 |
Colombia: Frontera Energy obtains final order approving plan of arrangement Frontera Energy has obtained a final order from the Supreme Court of British Columbia approving the previously announced plan of arrangement pursuant to which Parex Resources will acquire all of Frontera's Colombian upstream business consisting of Frontera's oil and gas exploration and production assets in Colombia, its reverse osmosis water treatment facility and its palm oil plantation. |
05 May 26 |
Peru: Condor Energy raises A$2.25 million to advance offshore Peru portfolio Condor Energy has received firm commitments to raise A$2.25 million (before costs) via a placement of new fully paid ordinary shares. The Company's focus is on advancing high-impact oil exploration targets which has already identified over 3 billion barrels of potential toward drilling readiness, while in parallel progressing licence conversion and gas commercialisation activities. |
04 May 26 |
US: SM Energy closes $950 million South Texas divestiture; announces redemption of all outstanding Senior Notes SM Energy Company has announced the closing of its previously announced sale of certain South Texas assets for a cash purchase price of $950 million (the 'South Texas Divestiture'). Net cash proceeds from the sale totaled approximately $900 million, after preliminary purchase price adjustments and estimated transaction costs. |
04 May 26 |
GoM: Helix Energy Solutions sells Shallow Water Abandonment business to the Chouest Group Helix Energy Solutions Group has announced the sale of all of the equity interests of its Gulf of America-focused Shallow Water Abandonment business to C-Dive, LLC, a member of the Chouest group of companies, for $107.5 million cash at closing, to be adjusted for working capital and other transaction expenses. |
