Seadrill is adding new backlog with contract awards in the U.S. Gulf of America/Mexico and Angola, securing follow-on work for three rigs and extending operations into 2027 while avoiding idle time between campaigns. SourceContinue Reading

Crescent Energy has completed its all-stock acquisition of Vital Energy, creating a top-ten U.S. liquids-weighted independent E&P operator. The merger expands Crescent’s scale, strengthens free cash flow generation, and adds new board members as the company prepares 2026 guidance. SourceContinue Reading

International operators are lining up for new acreage across the MSGBC basin, with rising interest in The Gambia, Guinea-Bissau and deepwater frontier zones. As governments update fiscal terms and accelerate de-risking efforts, the region is positioning itself as West Africa’s next exploration hotspot. SourceContinue Reading

The Middle Eastern oil market has weakened in recent weeks on concern that regional supplies will outstrip demand, adding to signs of a softening global picture that’s weighed on benchmark crude futures. SourceContinue Reading

Equinor has extended its long-running IMR agreement with DeepOcean, securing subsea support through 2027 and preparing for the launch of the next-generation Rem Ocean vessel. The renewal marks nearly 30 years of continuous collaboration on the Norwegian Continental Shelf. SourceContinue Reading

BW Energy has entered Angola with new stakes in Block 14 and 14K, adding immediate production and opening the door to long-term West Africa growth. The Chevron-operated assets deliver 4,000 bopd net and come with material upside and a USD 97.5 million base consideration. SourceContinue Reading

Nigeria is turning waste into opportunity by allowing 28 companies to capture and commercialize gas once lost to flaring, a move expected to draw billions in investment and boost energy output. SourceContinue Reading

API praised the House for passing bipartisan permitting reform bills that streamline pipeline reviews and federal approvals, calling it a key step toward faster, more efficient energy infrastructure development. SourceContinue Reading

KROHNE introduces enhancements in ultrasonic flow meter verification to improve custody transfer accuracy, reduce pumping costs, and ensure API-compliant performance in oil and gas operations. SourceContinue Reading

Harbour Energy will acquire Waldorf Energy’s UK North Sea assets for $170 million, expanding its oil-weighted production and raising its stake in the Catcher field to 90%. SourceContinue Reading