TotalEnergies has signed an agreement with Galp to acquire a 40% operated interest in Namibia’s PEL 83 license, including the Mopane discovery, positioning the company as operator of the country’s two largest offshore oil finds and advancing plans for a future producing hub. SourceContinue Reading
TechnipFMC secured a significant contract to design, manufacture and install flexible risers and flowlines for Ithaca Energy’s Captain field in the UK North Sea, advancing the field’s next phase of production growth. SourceContinue Reading
Noble Corporation will sell six jackups in transactions totaling $424 million, exiting the standard jackup market as it shifts strategic focus toward deepwater and ultra-harsh-environment drilling. SourceContinue Reading
Fluor and JGC have completed Train 2 at LNG Canada, marking the end of Phase 1 for the country’s first LNG megaproject and advancing a major new source of Canadian LNG to global markets. SourceContinue Reading
A Qatar-based offshore operator has selected Vissim to deploy a digital vessel collision avoidance system, enhancing real-time maritime monitoring and safety at an offshore field under a three-year technology agreement. SourceContinue Reading
Block Energy has received a non-binding farm-in offer from a major energy company for its Project III appraisal and early development program in Georgia. The proposal includes a full carry for well re-tests, sidetracks, and a 20 MMcf/d early-production facility. SourceContinue Reading
Northern Oil and Gas and Infinity Natural Resources will jointly acquire premium Utica Shale upstream and midstream assets for $1.2 billion, expanding NOG’s natural gas portfolio with long-life inventory, strong margins, and integrated infrastructure. SourceContinue Reading
TotalEnergies will merge its UK Upstream business with NEO NEXT to create NEO NEXT+, a new entity set to become the UK’s largest independent oil and gas producer with more than 250,000 boed in 2026. The deal strengthens North Sea consolidation efforts and reinforces long-term energy security. SourceContinue Reading
Antero Resources has announced a major Marcellus expansion with a $2.8 billion acquisition of HG Energy’s upstream assets, paired with an $800 million divestiture of its Utica position. The deal reshapes the company’s portfolio heading into 2026 and sharply boosts its Appalachia production outlook. SourceContinue Reading
PTTEP has approved a $33.3 billion five-year plan and a $7.7 billion budget for 2026, targeting production growth, accelerated global project development, and major decarbonization initiatives as Thailand works to strengthen long-term energy security. SourceContinue Reading
