The proposed acquisition gives Etu Energias majority interest in one of Angola’s largest deepwater assets
The proposed acquisition gives Etu Energias majority interest in one of Angola’s largest deepwater assets Etu Energias, Angola’s largest privately…
South America
Trump administration eyeing stake in Venezuelan oil fields? Here’s what we know
The Trump administration explores seeking direct stakes in Venezuelan oilfields. Negotiations reportedly involve more than a dozen productive fields. The…
Europe
World’s Largest Heavy Lift Vessel Removes 17,200-Ton Platform from North Sea, 42 Years After First Oil Production, Heading for Dismantling in Shetland
Allseas’ Pioneering Spirit Encapsulates the North Cormorant’s Dual Hull, Lifts Entire Topsides at Once, and Heads to Shetland, Concluding 42…
Europe
Jan De Nul Enters CCS Market with North Sea Project
Belgian marine contractor Jan De Nul will install rock protection for a North Sea CO2 pipeline as a subcontractor to…
Africa
Transocean Equinox spuds Juliet-1 well offshore Australia
The Transocean Equinox semisubmersible spudded the Juliet-1 exploration well on 22 August 2026, the latest well in Amplitude Energy’s East…
Africa
Energean in Exclusive Talks for $1 Billion BP Egypt Gas Deal
Energean is in exclusive talks to buy a package of BP’s Egyptian oil and gas assets in a deal that…
South America
Venezuela weighs exit from Opec as US discusses stake in oil fields
Venezuela was one of the five oil producers that founded Opec in 1960 and is widely considered the most influential…
Europe
UK Energy Minister Pushes Back on Union Claims of 1,000 North Sea Job Losses a Month as EPL Debate Intensifies
The UK’s Energy Minister has rejected trade union claims that 1,000 North Sea oil and gas jobs are being lost…
Middle East
Eni doubles down on Egypt’s gas with $8.5 billion invested and 230 new wells planned
Eni has invested a total of $8.5 billion in Egypt to date. Key takeaways: Eni plans to drill 30 exploration…
North America
EON Resources spuds first well in 92-well Permian program
EON Resources spudded the first of a planned 92 horizontal wells on 24 August 2026 in the Grayburg-Jackson Field in…
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