News

Equinor commits $1.6 billion to drilling activity on Norwegian Continental Shelf

May 04, 2026

Equinor has awarded $1.6 billion in drilling and well services contracts to sustain North Sea output, as new wells play a growing role in future production.

Helix sells shallow water abandonment unit for $107.5 million, shifts focus to deepwater

May 04, 2026

Permian land firm EagleRock launches IPO targeting up to $400 million

May 04, 2026

Unique Group expands subsea mechanical capabilities for decommissioning

May 04, 2026

South Sudan declines to renew Oranto’s Block B3 exploration license

May 04, 2026

Iran strikes UAE oil facilities, escalating tensions after ceasefire

May 04, 2026

ADNOC to award $55 billion in projects as UAE pushes oil growth strategy

May 03, 2026

OPEC+ approves limited production increase after UAE departure

May 03, 2026

Occidental CEO Hollub to retire June 1; COO Jackson to succeed

May 01, 2026

bp considers exit from UK North Sea as CEO reviews upstream portfolio

May 01, 2026

EPA allows limited routine flaring at new oil wells under updated rule

May 01, 2026

Egypt

Dana Gas settles Egypt receivables as production returns to growth

May 01, 2026

Argent LNG advances Port Fourchon export project with FERC filings

May 01, 2026

Newfoundland and Labrador budget boosts offshore exploration funding

April 30, 2026

Eco Atlantic advances JHI acquisition, targeting Falklands offshore stake

April 30, 2026

JDR wins subsea umbilical contract for Amplitude Energy’s offshore gas project in Australia

April 30, 2026

OPEC+ set to raise output targets after UAE exit, despite Hormuz disruption

April 30, 2026

ConocoPhillips flags Middle East disruption as Lower 48 drives production

April 30, 2026

U.S. Onshore

SM Energy closes $950 million South Texas asset sale

April 30, 2026

Permian output rises to record levels while flaring falls, report shows

April 30, 2026

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