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21 Oct 26
US: Endurance Energy drills world’s first subsea geothermal well and runs first net-positive power plant
Endurance Energy has announced the first end-to-end demonstration of subsea geothermal power: its Adélie test plant generated more electricity than it consumed on an active underwater volcano nearly a mile deep in the Pacific Ocean.
20 Oct 26
Gulf of Mexico: TechnipFMC and bp sign MoU for supply of 20K Subsea Production Systems
TechnipFMC has announced the signing of a Memorandum of Understanding (MoU) with BP Exploration & Production Inc., a subsidiary of BP, which sets out a framework for bp and TechnipFMC to cooperate in connection with the supply of 20,000 psi (20K) subsea tree systems for bp’s Paleogene projects in the Gulf of America.
20 Oct 26
Jamaica: United Oil & Gas announces positive Drill Rig study results for the Walton Morant licence, offshore Jamaica
AIM-listed United Oil & Gas, the oil and gas company with a high-impact exploration asset in Jamaica and a development asset in the UK, has announced positive results from the drilling rig and long-lead availability study undertaken by NRG Well Management ('NRG') for the Walton Morant licence, offshore Jamaica.
19 Oct 26
Brazil: Petrobras platform P-82 (Búzios 10) begins its journey to Brazil
The P-82 platform left the Tuas Boulevard Yard shipyard in Singapore this Sunday (October 18th), heading towards the Búzios field in the pre-salt layer of the Santos Basin , the largest field in Brazil in terms of reserves and production. The P-82 is part of a set of six giant Petrobras platforms, with a nominal capacity to produce 225,000 bdp and compress 12 million cubic meters of gas, among the largest in the world industry.
19 Oct 26
US Gulf: Transocean announces contract awards totaling $550 million
Transocean has announced contract awards for two of its ultra-deepwater drillships in the U.S. Gulf. In aggregate, the fixtures represent approx. $550 million in firm contract backlog.
19 Oct 26
Canada: Pennpetro Energy signs Heads of Agreement for the proposed acquisition of ICENERGY
Pennpetro Energy has entered into Heads of Agreement with Indigenous Canadian Energy Holdings Inc. ('ICENERGY') in relation to the proposed acquisition by Pennpetro of the entire issued share capital of ICENERGY.



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