Equinor is ramping up offshore activity next year with 26 planned exploration and appraisal wells across the North Sea, Norwegian Sea and Barents Sea—part of a decade-long push to keep Norwegian production strong. SourceContinue Reading
TotalEnergies has finalized the sale of its 12.5% non-operated interest in Nigeria’s deepwater Bonga field (OML 118 PSC) to Shell Nigeria Exploration and Production Company and Nigerian Agip Exploration for a combined $510 million, marking a major portfolio shift in one of its key hydrocarbon regions. SourceContinue Reading
FairWind has signed a strategic partnership with Japan’s Wind Energy Partners (WEP), accelerating its Asia Pacific expansion and enhancing onshore and offshore wind turbine installation and maintenance capabilities. SourceContinue Reading
African leaders are calling on the G20 to prioritize investment in the continent’s oil and gas resources, arguing that expanded upstream development is essential for industrial growth, energy security and lifting millions out of energy poverty. SourceContinue Reading
Diversified Energy has closed its $550 million acquisition of Canvas Energy, adding roughly 24,000 boed of production and expanding its acreage position in Oklahoma. The $550 million deal includes operated producing assets and approximately 1.6 million net acres across the state. SourceContinue Reading
Abu Dhabi’s ADNOC will maintain its $150 billion spending plan over the next five years as the company ramps up oil and gas capacity and accelerates global expansion through its fast-growing XRG investment arm. SourceContinue Reading
Suriname has opened 60% of its offshore acreage through a new Open-Door Offering aimed at accelerating exploration in the Guiana basin. The program includes flexible licensing options, competitive fiscal terms, and a new GeoPortal providing discounted access to seismic data. SourceContinue Reading
Condor Energies has reached TD on its first horizontal well in Uzbekistan’s Andakli field while two new Jurassic clastics workovers lifted production to nearly 12,000 boed. Early results point to a scalable new gas play as the company prepares for an expanded drilling program in 2026. SourceContinue Reading
A new drilling surge is underway in the U.S. Gulf, as Beacon Offshore starts up record-setting high-pressure wells that could reshape long-term U.S. deepwater production. SourceContinue Reading
