News

Petrobras increases stake in Jubarte field with Campos basin acquisition

April 29, 2026

Petrobras has acquired a stake in the Argonauta area of the Campos basin, increasing its ownership in the Jubarte pre-salt field and strengthening its offshore portfolio.

Russia to stay in OPEC+ as UAE exit raises market concerns

April 29, 2026

BW Offshore signs FEED contract for Bay du Nord FPSO with Equinor

April 29, 2026

Trump rejects Iran proposal, keeps Hormuz blockade in place

April 29, 2026

Petrodec’s OBANA advances North Sea decommissioning program

April 28, 2026

UAE to exit OPEC as Iran war reshapes global oil supply

April 28, 2026

Odfjell Technology signs P&A technology deal for Southeast Asia wells

April 28, 2026

SLB launches new geosteering tool to enhance reservoir visibility

April 28, 2026

Geolander advances Angola seismic campaign for CO₂ storage assessment

April 28, 2026

Forum Energy Technologies launches compact LARS for ROV subsea operations

April 28, 2026

Petro Victory reports stacked gas pay in SJ-12 well, offshore Brazil

April 28, 2026

Oil tanker completes rare Hormuz transit as Gulf shipping remains constrained

April 28, 2026

Venezuela

Eni signs deal to restart Venezuela oil operations at Junin-5

April 28, 2026

Shell to acquire ARC Resources in $13.6-billion deal to boost Canadian shale output

April 27, 2026

Halliburton awarded Greenland Energy Arctic drilling contract

April 27, 2026

Siemens Energy, TCS partner on AI for energy operations and data center demand

April 27, 2026

UAE
LNG

ADNOC L&S takes delivery of sixth LNG carrier to expand global supply fleet

April 27, 2026

Rubio: U.S. will not accept Iran control of key oil chokepoint Hormuz

April 27, 2026

Canada launches $25-billion fund to back oil, gas and LNG infrastructure growth

April 27, 2026

U.S. cancels more wind leases as investment shifts to oil, gas and LNG

April 27, 2026

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