Aquaterra Energy has secured a multi-year contract to support intervention and abandonment operations across 11 subsea wells offshore Spain, supplying a riser-based well access system for late-life offshore assets. SourceContinue Reading
The African Energy Chamber has warned that a Nigerian Federal High Court ruling on the Dawes Island marginal field could undermine the country’s “drill or drop” policy, raising concerns over contract certainty and upstream investment. SourceContinue Reading
Elemental Energies has acquired Applied Petroleum Technology to expand its global subsurface, geochemistry and basin modeling capabilities, supporting operators across exploration, production, CCS and late-life well abandonment. SourceContinue Reading
MOL Group has entered Libya’s upstream sector through a joint venture with Repsol and TPAO to explore the deepwater O7 offshore block in the Mediterranean, marking its latest international expansion and strengthening North Africa exploration activity. SourceContinue Reading
Harbour Energy has completed its $3.2-billion acquisition of LLOG Exploration, establishing a major deepwater position in the U.S. Gulf of America and adding oil-weighted production with growth to 70 MMbpd expected by 2028. SourceContinue Reading
Tenaz Energy has completed a large-scale IT and data transition enabling full operational control of offshore platforms, pipelines and gas infrastructure in the Dutch North Sea following its acquisition of assets from NAM. SourceContinue Reading
Expand Energy will relocate its corporate headquarters to Houston in 2026 and appoint Chairman Michael Wichterich as interim CEO, positioning the company closer to global natural gas markets while reaffirming its capital, synergy and operating outlook. SourceContinue Reading
Can Venezuela rebuild its oil sector without repeating the mistakes of the past? In this exclusive Op-Ed, Texas Railroad Commissioner Wayne Christian argues that a transparent, market-driven regulatory model—not OPEC-style centralized control—offers the most credible path to restoring investment, stability and long-term production growth in the world’s largest resource base. SourceContinue Reading
Queensland has awarded new exploration acreage in the Taroom Trough and Cooper-Eromanga basin to boost domestic natural gas supply as east coast shortages loom later this decade. The move aims to support upstream investment and address declining production from aging fields. SourceContinue Reading
Tenaz Energy has completed a large-scale IT and data transition enabling full operational control of offshore platforms, pipelines and gas infrastructure in the Dutch North Sea following its acquisition of assets from NAM. SourceContinue Reading
