Africa is expected to remain the world’s most active region for high-impact oil and gas exploration drilling in 2026, driven by continued interest in ultra-deepwater and frontier basins, according to new analysis from Rystad Energy. SourceContinue Reading

NNPC and Chevron have confirmed a hydrocarbon discovery at the Awodi-07 well offshore Nigeria, with results indicating multiple productive reservoir zones in the western Niger Delta. SourceContinue Reading

TGS has been awarded a new ocean bottom node seismic contract in Europe, expanding its 2026 offshore acquisition campaign and supporting 4D reservoir monitoring. SourceContinue Reading

A field trial in South Texas demonstrated that an enhanced oil recovery chemistry restored sustained production in a previously non-commercial Olmos formation well, highlighting potential applications for reactivating impaired assets in clay-rich reservoirs. SourceContinue Reading

Cognite has partnered with Snowflake to help oil and gas operators deploy industrial AI at scale by unifying IT, OT and operational data to improve asset performance, resilience and operational decision-making. SourceContinue Reading

Former OPEC president and Nigerian oil minister Diezani Alison-Madueke has gone on trial in London, accused of accepting cash bribes and luxury benefits in exchange for awarding oil-sector contracts during her time in office. SourceContinue Reading

Matador Resources Company expanded its Delaware basin position in 2025 through incremental acreage acquisitions, increased its 2026 oil hedging exposure, and reported improved well performance and cost efficiencies from large-scale developments in Lea County, New Mexico. SourceContinue Reading

India is targeting up to $100 billion in upstream investment by opening new acreage and accelerating drilling, as it seeks to curb oil imports and strengthen long-term energy security. SourceContinue Reading

Noble Corporation has secured approximately $1.3 billion in new contract awards across nine rigs, including a three-year agreement for the Noble GreatWhite that marks the company’s entry into Norway’s harsh-environment floater market. SourceContinue Reading

Gulf Marine Services has agreed to acquire its first new vessel in a decade, adding a mid-class SESV to its fleet as offshore demand strengthens. The move supports near-term commercial opportunities while maintaining low leverage and financial flexibility. SourceContinue Reading