Block Energy is entering the offshore Gabon upstream sector through an investment tied to the Ndjila and Mpari PSCs, adding discovered oil resources and exploration upside while launching a $6.3 million fundraise to support the transaction. SourceContinue Reading

Petralon Energy has increased production at Nigeria’s Dawes Island field to approximately 4,800 bopd following startup of the DI-3 well, marking the company’s second consecutive production well since achieving first oil in late 2025. SourceContinue Reading

Ned Marine has launched drone and subsea ROV inspection services for offshore and marine assets, expanding its NDT capabilities with remote technologies designed to reduce downtime, improve safety and accelerate vessel and infrastructure inspections. SourceContinue Reading

An Iraqi oil supertanker reversed course near the U.S. naval blockade line in the Strait of Hormuz as commercial shipping traffic through the critical energy chokepoint remained severely restricted amid escalating tensions between Washington and Tehran. SourceContinue Reading

OEG has secured a multi-million-dollar long-term contract extension to support offshore drilling operations in Australia’s Bass Strait, including the supply, maintenance and servicing of certified offshore cargo carrying units through the expected end of field life in 2036. SourceContinue Reading

Etu Energias and partners successfully completed the Espadarte 7ST2 appraisal well in Angola’s Lower Congo basin, with initial testing delivering stabilized production rates between 2,000 and 2,500 bopd and confirming multiple productive reservoir intervals offshore. SourceContinue Reading

The Independent Petroleum Association of America praised the Trump administration’s decision to rescind the Bureau of Land Management’s public lands rule, arguing the rollback will improve regulatory certainty and protect access to federal lands for independent oil and gas producers. SourceContinue Reading

Deepwater projects, LNG infrastructure and gas-to-power investments are expected to drive Africa’s next energy growth cycle, as S&P Global analysts warn the continent’s biggest challenge is no longer resource potential, but execution and infrastructure delivery. SourceContinue Reading

Shell has selected New Wave Offshore Energy to provide marine warranty survey services for the Orca project in Brazil’s pre-salt Santos basin, supporting transportation, installation and offshore risk management activities for the deepwater development. SourceContinue Reading

The Energy Workforce & Technology Council (EWTC) reported a second consecutive month of U.S. energy services job growth in April, as companies cautiously expand hiring amid improving market conditions and ongoing geopolitical uncertainty. SourceContinue Reading