News

Newfoundland and Labrador budget boosts offshore exploration funding

April 30, 2026
Newfoundland and Labrador’s 2026 budget includes $90 million for offshore exploration, with industry pointing to growing momentum ahead of projects like Bay du Nord.

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

ExxonMobil awards Subsea7 contract for Angola offshore redevelopment

April 30, 2026

ConocoPhillips flags Middle East disruption as Lower 48 drives production

April 30, 2026

Petrobras increases stake in Jubarte field with Campos basin acquisition

April 29, 2026

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

Oil nears $120 amid Iran war and ongoing supply shock

April 29, 2026

Nabors highlights resilience in international drilling amid Middle East tensions

April 29, 2026

bp inks offshore gas exploration deal with Venezuela

April 29, 2026

UAE exit from OPEC+ may weaken group’s long-term market role, analyst says

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
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