Talos Energy Inc. (Talos) has announced that the Katmai West #2 well located in the Ewing Bank area of the U.S Gulf of Mexico successfully encountered commercial quantities of oil and natural gas. SourceContinue Reading

Electromagnetic Geoservices ASA (EMGS) has received a Letter of Award for a CSEM survey in India. The survey is expected to have a contract value of approximately USD 10 million, subject to the issuance of a callout order. SourceContinue Reading

(Bloomberg) – BP and the Iraqi government agreed the majority of commercial terms toward reviving the Kirkuk oil field on Tuesday, further progress toward a final agreement that is expected early this year. SourceContinue Reading

“American energy was on the ballot, and American energy won,” said API executives on a media call prior to Tuesday’s 2025 State of American Energy event. API leaders shared insights into the industry and where they expect it to head under 2025’s incoming Trump administration. SourceContinue Reading

Tachyus has appointed Dr. Jeff Spath as Chairman of the Board to guide the company’s mission to transform reservoir management with AI. Dr. Spath is a former SLB executive and SPE President, and brings 40 years of experience in the energy sector. SourceContinue Reading

Indonesia Energy Corporation (IEC) announced that IEC senior management will hold an investor update conference call on Tuesday, Jan. 21 to provide an update on future drilling and development plans, including a new planned reserve report. SourceContinue Reading

DNO ASA announced that its wholly-owned subsidiary DNO Norge AS has been awarded participation in 13 exploration licenses, of which four are operatorships, under Norway’s Awards in Predefined Areas (APA) 2024 licensing round. SourceContinue Reading

Affiliates of Langford Energy Partners (LEP) announced that they have closed on the acquisition of Midland basin assets from Murchison Oil and Gas, LLC. The acquisition includes approx. 8,000 net acres with net production of approx. 7,200 boed. SourceContinue Reading

(Bloomberg) – Global oil markets will face a widening glut in 2026 as OPEC brings back production and output from the US, Canada and Guyana continues to grow, the US government said in its first set of forecasts for next year. SourceContinue Reading

Flowserve has been awarded a contract to supply Dry Gas Seals and Dry Gas Seal Systems to support a groundbreaking initiative for ADNOC. ADNOC’s large-scale CCS project aims to capture 1.5 million tons of carbon dioxide annually. SourceContinue Reading