Saturday – May 23, 2026

Oil & Gas

ORLEN Acquires Stake in the Afrodite Discovery

ORLEN Upstream Norway has agreed to acquire a 25% interest in production license PL293 in the North Sea from Vår Energi. The license covers the ...

Harbour Energy Completes Acquisition of LLOG Exploration Company

Harbour Energy has announced that it has completed the acquisition of LLOG Exploration Company LLC (LLOG) for $3.2 billion (the Acquisition), marking the Company’s strategic ...

Subsea7 Awarded Contract in the Mediterranean Sea

Subsea7 announced the award of a substantial contract by Chevron for subsea installation in the Eastern Mediterranean. Subsea7’s scope includes the transport and installation of ...

Energy Transition Outlook Shows Gulf Cooperation Council Expanding Energy Exports While Lowering Emissions Intensity

DNV, the independent energy expert and assurance provider, has released its report Oil & Gas Decarbonization in the Gulf Region, which looks at how Gulf ...

Cegal Delivers Critical IT Asset Transition Project for Tenaz Energy

When Canadian company Tenaz Energy acquired a major portfolio of offshore assets from NAM, a Shell and ExxonMobil joint venture, in the Dutch North Sea ...

Aquaterra Energy Secures Multi-Well Intervention & Abandonment Contract Offshore Spain

Aquaterra Energy, a leading provider of intelligently engineered products and services for well access and offshore developments, has secured a multi-year, seven figure contract with ...

Transocean to Acquire Valaris

Transocean Ltd. and Valaris Limited announced the signing of a definitive agreement to combine the two companies under which Transocean will acquire Valaris in an ...

TotalEnergies Expands Its Exploration Portfolio as Operator of PEL104 License

TotalEnergies has signed agreements to acquire a 42.5% operated interest in PEL104 Exploration license, located offshore Namibia, from Eight Offshore Investments Holdings (“Eight) and Maravilla ...

Yoyo-Yolanda Signals New Chapter for the Gulf of Guinea

Cameroon and Equatorial Guinea have signed a unitization agreement to jointly develop the cross-border Yoyo-Yolanda gas fields, marking a decisive step toward accelerating long-delayed gas ...

BOEM Releases Final Notice of Sale for Lease Sale Big Beautiful Gulf 2

The Bureau of Ocean Energy Management (BOEM) announced another major step toward expanding offshore energy development pursuant to the One Big Beautiful Bill Act. BOEM ...

Tenaris Strengthens Black Sea Presence with Key, Ultra-Deepwater Contracts

Tenaris has been awarded two contracts from Türkiye Petrolleri Anonim Ortaklığı (TPAO) for Phase 3 of the Sakarya Gas Project, building on its role across ...

Aker BP Starts Oil Production at Solveig Phase 2 in the North Sea

Aker BP has started oil production from the Solveig Phase 2 development in the North Sea. The project has been delivered on schedule and within ...

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