Equatorial Guinea will launch its EG Ronda 2026 licensing round later this month. The licensing round forms part of the country’s broader strategy to revitalize its upstream sector, attract new investment and unlock offshore E&P opportunities. SourceContinue Reading

PRIO SA, Brava Energia and BW Energy are considering buying Petronas’ stake in the Brazilian oil field Tartaruga Verde to expand in Latin America’s largest producing country, according to people familiar with the matter. SourceContinue Reading

Shell is testing the market for possible buyers of its 16.67% stake in the North West Shelf LNG export project in Western Australia, which could be worth more than $3 billion, according to people familiar with the matter. SourceContinue Reading

Oil declined on concerns that OPEC+ will once again bolster supply at a meeting on Sunday, compounding fears of higher volumes later in the year. Russian Deputy Prime Minister Alexander Novak said OPEC+ will “look at the current situation as a whole” before making a decision. SourceContinue Reading

Op-Ed: Backed by more than a century of industry leadership, the American Petroleum Institute (API) has helped define what quality and reliability look like for the oil and gas industry, developing widely adopted standards and certification programs that support safe operations. SourceContinue Reading

Angola’s crude output slipped below one million barrels a day in July, threatening state revenues that fund more than 90% of exports. Angola is finalizing a new licensing plan covering 2026 to 2030, which will include both offshore blocks and inland basins, said the head of ANPG. SourceContinue Reading

JDR Cable Systems (JDR) has been awarded a contract by Liverpool Bay CCS Limited, a member of the Eni SpA group, to supply subsea power cables for its project which will be the backbone of the HyNet North West industrial decarbonization cluster. SourceContinue Reading

Subsea asset integrity management software company Elementz has announced a new digital initiative to fast track the development of AI in subsea operations. The new AI accelerator program, Tide Breaker, was unveiled at Offshore Europe on Wednesday. SourceContinue Reading

Alberta’s oil production rose to a record 4.32 million bpd in July as oil sands companies boosted output from well sites to fill the expanded Trans Mountain pipeline. Output from the oil sands also climbed to a record of 3.67 million bpd, according to Alberta Energy Regulator data. SourceContinue Reading

Shell’s return to Angola after a 20-year hiatus highlights a shift in sentiment toward the nation’s oil sector, as reforms aimed at attracting global capital start to show results. SourceContinue Reading