Marubeni Corporation has completed its acquisition of EagleRidge Energy, adding one of the largest operators in the Barnett shale to its growing North American natural gas portfolio. Dallas-based EagleRidge operates more than 3,500 wells across approximately 450,000 gross acres in North Texas and produces about 300 MMcfe/d, making it the third-largest producer in the Barnett Shale, according […]
Oceaneering International has been awarded a four-year contract by Petrobras to provide remotely operated vehicle (ROV) services supporting offshore operations in Brazil. The contract, awarded through a competitive tender process, will be executed by Oceaneering’s Brazilian subsidiary, Marine Production Systems do Brasil (MPS). Operations are scheduled to begin in 2027. Under the agreement, Oceaneering will supply two work-class […]
BluEnergies Ltd. and TotalEnergies are advancing an exploration work program in the Harper basin offshore Liberia, with seismic reprocessing and seabed surveys progressing on schedule as the companies work to mature drilling prospects across Blocks LB-26, LB-30 and LB-31. The program includes reprocessing approximately 6,167 km² of 3D seismic data, which BluEnergies said is now more than 50% […]
TotalEnergies Chairman and CEO Patrick Pouyanné will speak at the Angola Oil & Gas (AOG) 2026 conference in September as the company continues to expand its upstream portfolio in Angola through major offshore oil and natural gas developments. TotalEnergies remains one of Angola’s largest upstream investors, with projects spanning deepwater oil, non-associated gas and renewable energy. Among its […]
Renaissance Africa Energy Company has announced an offshore oil discovery at the JK-004 exploration well in OML 74, with the well encountering approximately 1,000 ft of hydrocarbon-bearing intervals across seven reservoirs containing light oil. The discovery was announced during the NOG Energy Week Conference & Exhibition 2026 by Nigeria’s Minister of State for Petroleum Resources (Oil), Sen. […]
Norwegian energy giant Equinor has awarded contracts worth around NOK 6bn ($612m) for four subsea projects.
Germany is planning to allocate €1.5 billion to establish a strategic natural gas reserve with a capacity of 2.3 billion cubic meters, AzerNEWS reports, citing Reuters.
Petronas Suriname E&P has made two new discoveries and appraised the Roystonea oil find in Block 52 offshore Suriname
The premiers of Alberta and Ontario unveiled a proposed 3,300 km pipeline to transport oil from Western Canada to refineries in southern Ontario.
Shell PLC (LSE:SHEL, NYSE:SHEL) shares jumped over 2% after it said stronger trading and improved refining margins should support second-quarter performance, although production has been hit by disruption to output from Qatar following the war in the Middle East.