Masirah Oil plans to begin drilling a three-well development program at the offshore Yumna field in Oman in May 2026, advancing activity in Block 50.
Somalia is on the verge of embarking on its first-ever offshore oil drilling operation, marked by the arrival of the Turkish drillship Çagir Bey in Somali waters on Friday. The Turkish Petroleum Corporation’s deep-water drilling vessel will conduct its first international mission off the Somali coast, and is expected to begin drilling at the Curad-1 well in the current month. Seismic data suggests Somalia’s offshore basins could hold between 30 billion and 40 billion barrels of oil and gas equivalent.
JAPANESE floating oil platform developer MODEC has signed an agreement to scale up its pilot fuel cell project, tripling planned power output for a floating production, storage and offloading vessel (FPSO).
Venture Global and Edison have confirmed the signing of a commercial agreement for the settlement of the pending arbitration between the two companies concerning the Calcasieu Pass project, with completion expected by the end of Q2 2026, at which point the arbitration will be terminated.
TechnipFMC has partnered with local educators and community leaders in Pemba, Mozambique to strengthen STEM and digital literacy by equipping five primary schools with computers that support classroom learning and school operations.
Global energy technology company SLB (NYSE: SLB) today announced an expansion of its technology collaboration with NVIDIA to design and deploy critical AI infrastructure and models for the energy industry.
Yinson Holdings Berhad (“Yinson”, the “Company” or the “Group”), a global energy infrastructure company, today announced its financial results for the fourth quarter ended 31 January 2026 (“Q4’FY2026”).
This binding agreement for the purchase of approximately 1.5 million tonnes per annum (mtpa) of U.S. LNG from Venture Global for five years is set to begin in 2026. The LNG will be supplied from the American player’s portfolio.
Pecan Energies is happy to announce that its Senior Vice President, Subsurface and Drilling & Wells, Ifor Roberts, is assuming a new role as the company’s Acting Group Chief Executive Officer.
Kosmos Energy (NYSE/LSE: KOS) (“Kosmos” or the “Company”) has entered into an agreement to sell its 40.375% non-operating working interest in the Ceiba Field and Okume Complex production assets offshore Equatorial Guinea to Panoro Energy (“Panoro”) for $180 million, plus future contingent payments of up to $39.5 million.