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Liz Westcott Appointed Woodside CEO

Mar 17, 2026

The Board of Woodside Energy has appointed Elizabeth (Liz) Westcott as Chief Executive Officer and Managing Director.Westcott, who has served as Woodside Acting CEO since the departure of Meg O’Neill in December 2025, has a proven track record…

bp Confirms New Gas Consortium Project Startup in Angola

Mar 17, 2026

bp has confirmed start-up of gas production from the Quiluma field, part of the New Gas Consortium (NGC) in Angola, as reported by operator Azule Energy. This milestone continues the strong delivery of project start-ups and exploration discoveries…

Seadrill Awarded Contract Extension in Angola

Mar 16, 2026

Seadrill has announced that Sonadrill Holding, its 50:50 joint venture with an affiliate of Sonangol E.P., has been awarded a contract extension.A seven-well priced option for the ultra-deepwater drillship Sonangol Quenguela has been exercised…

Petrobras to Purchase Petronas' Stakes in Two Offshore Fields

Mar 16, 2026

Brazilian state-run firm Petrobras said on Monday it had decided to exercise its right to purchase Malaysian company Petronas' 50% stake in two offshore fields in Brazil for $450 million, according to a securities filing.Following the deal,…

US Panel Could Scrap Endangered Species Protections for Gulf of America

Mar 16, 2026

The Trump administration is weighing a broad exemption from protections for endangered species for oil and gas drillers operating in the Gulf of America.The move is aligned with President Donald Trump's goals to unwind what he says are burdensome…

Equinor’s Investigation Following Mongstad Fatal Accident is Complete

Mar 16, 2026

Equinor has completed its internal investigation into the workplace accident at Mongstad on 17 September 2025, in which a worker lost his life. The purpose has been to ensure learning and to identify measures that can strengthen safety in crane and lifting operations across the company…

BP Wins US Approval for Kaskida Project

Mar 15, 2026

British energy major BP has received approval from the Trump administration to advance its Kaskida project in the Gulf of Mexico, a company spokesperson told Reuters in an emailed statement late on Friday.The $5 billion investment would unlock…

EU Doesn’t See Risks to Oil and Gas Supply Yet

Mar 15, 2026

In separate ad hoc meetings of the Gas Coordination Group and the Oil Coordination Group held on March 12, the Commission and EU countries assessed the situation concerning the EU’s gas and oil security of supply in view of the continued disruptions in the Middle East…

Trump Administration Directs Sable Offshore to Restore Santa Ynez Operations

Mar 15, 2026

The Trump administration on Friday directed Sable Offshore to restore oil drilling operations off the southern California coast, the U.S. Energy Department said.The move aims to restart oil production at a cluster of offshore platforms as fuel prices continue to rise in the wake of the war on Iran…

Seadrill Appoints New CEO

Mar 13, 2026

Offshore drilling contractor Seadrill has appointed Samir Ali as its new chief executive officer (CEO).Effective immediately, Samir Ali will step up from its Executive Vice President, Chief Commercial Officer (CCO) position to its new role, succeeding Simon Johnson…

OneSubsea Moves to Acquire Norway’s Envirex Subsea Business

Mar 13, 2026

OneSubsea, a joint venture between SLB, Aker Solutions, and Subsea7, has entered into an agreement to acquire the subsea business of Norway-based Envirex Group.The acquisition is expected to add Envirex’s specialized technologies and research…

Worley to Deliver FEED, Procurement Services for Chevron’s Aphrodite Gas Field

Mar 13, 2026

Worley has been selected by Chevron Cyprus Limited, a subsidiary of Chevron Corporation, to provide front-end engineering design (FEED) and procurement services for the Aphrodite Field Development Project offshore Cyprus in the Eastern Mediterranean…

Shell Sees Encouraging Signs at Sirius-1X Exploration Well Offshore Egypt

Mar 13, 2026

The drilling results from Shell’s Sirius 1X exploratory well in the Mediterranean Sea offshore Egypt have shown encouraging initial indications, Egypt’s Ministry of Petroleum and Mineral Resources said in an update.The well is operated by Shell…

Iranian Oil Exports Continue Through Hormuz Strait as Gulf Flows Stall

Mar 13, 2026

Iranian crude oil has continued to flow through the Strait of Hormuz at a near-normal pace even as Tehran-linked attacks on ships in the narrow waterway have decimated exports from other Gulf countries, a Reuters review of tanker tracking data showed…

Venezuela, Repsol Agree Strategic Deal to Boost Gas Output

Mar 13, 2026

Venezuela and Spanish energy group Repsol have signed 'strategic agreements,' the government of the South American country said in a statement on Thursday.Speaking on state-run television, acting President Delcy Rodriguez said the agreement will allow for gas production at Cardon IV…

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