News

bp takes 40% stake in Uzbekistan’s North Ustyurt PSA

May 13, 2026

bp has entered the North Ustyurt production sharing agreement in Uzbekistan, acquiring a 40% stake in six exploration blocks alongside SOCAR and Uzbekneftegaz as the company expands its upstream exploration portfolio in Central Asia.

China
Shale

Sinopec reports 235 Bcm reserves at China’s first ultra-deep shale gas field

May 13, 2026

TotalEnergies targets Egypt deep offshore potential through new agreement

May 13, 2026

West Africa

ReconAfrica advances Kavango West 1X production testing in Namibia

May 13, 2026

Angola’s Block 2/05 advances with successful Espadarte appraisal well

May 12, 2026

OEG to support Bass Strait offshore drilling operations through 2036

May 12, 2026

Iraqi supertanker turns back near U.S. blockade in Strait of Hormuz

May 12, 2026

Petralon boosts Nigeria’s Dawes Island production to 4,800 bopd

May 12, 2026

Ned Marine adds subsea ROV and aerial drone inspections to NDT portfolio

May 12, 2026

MODS renews digital project delivery contract with CB&I Asset Solutions

May 12, 2026

Block Energy enters offshore Gabon with Ndjila and Mpari PSC deal

May 12, 2026

EIA launches new oil, LNG chokepoint datasets amid Hormuz crisis

May 12, 2026

Energy security to dominate Modi’s UAE talks amid Gulf supply tensions

May 12, 2026

Iran war threatens long-term confidence in Hormuz oil flows, IEA says

May 11, 2026

DOF awarded 12-year Petrobras RSV contracts for Brazil deepwater operations

May 11, 2026

Texas leads U.S. energy services hiring gains in April jobs report

May 11, 2026

Artificial intelligence

Emerson launches AspenTech industrial AI platform for enterprise operations

May 11, 2026

Seadrill adds $860 million in offshore rig backlog amid rising deepwater demand

May 11, 2026

IPAA backs Trump administration rollback of BLM public lands rule

May 11, 2026

Deepwater, LNG infrastructure to drive Africa’s next energy expansion cycle

May 11, 2026