Talos Energy announced its operational and financial results for the three and 12 months ended December 31, 2025, with CEO Paul Goodfellow, saying: '2025 marked the start of our transformation – building the foundation for the future.'In June…
Saipem has released its preliminary results for the fourth quarter and financial year 2025, confirming, for the fourth consecutive year, the trajectory of growth and improvement in profitability together with a further acceleration in cash generation…
Africa-focused oil and gas company Vaalco Energy has achieved ‘solid initial results’ from its Gabon drilling campaign and confirmed its operatorship of the Kossipo field offshore Côte d’Ivoire, as it advances plans to grow production in both countries…
Shell has launched a multi-well offshore drilling campaign in Egypt’s Mediterranean waters using Stena Drilling’s Stena IceMax drillship, marking the start of a new development phase at the West Mena gas field.Egypt’s Minister of Petroleum and Mineral Resources…
Akrake Petroleum Benin, an indirect subsidiary of Rex International Holding, has achieved first oil from the AK-2H well at the Sèmè Field Block 1 offshore Benin, as drilling complications and cost overruns prompt a strategic and financial review…
Dolphin Drilling Offshore, a wholly owned subsidiary of Dolphin Drilling, and Sapura Drilling Asia, a wholly owned subsidiary of Vantris Energy, have entered into a marketing agreement for the semi-submersible drilling unit Blackford Dolphin…
Energy and marine consultancy ABL has been appointed to provide marine warranty survey (MWS) services to support the offshore construction for the Phase 4 development of the Kamose offshore gas field development in the Mediterranean Sea for North Sinai Petroleum Company (NOSPCO)…
Eni has made a significant gas and condensate discovery offshore Ivory Coast after drilling the Murene South-1X well in Block CI-501, confirming the potential of the Calao channel complex.The discovery, named Calao South, is estimated to contain up to 5…
A consortium led by U.S. oil major Chevron signed exclusive lease agreements on Monday to look for natural gas off southern Greece, expanding the United States' presence in the eastern Mediterranean.The deal doubles the amount of Greek maritime…
Equinor and its partners have discovered oil and gas in the exploration well drilled in the North Sea in the Granat prospect near Gullfaks, offshore Norway.Wildcat wells 33/12-N-3 HH and 33/12-N-3 GH were drilled in connection with drilling…
Azule Energy, jointly owned by Eni and BP, has made an oil discovery at the Algaita-01 exploration well in Block 15/06 offshore Angola, with initial estimates pointing to approximately 500 million barrels of oil in place.The well, located in the offshore Lower Congo Basin…
Turkey sent its deep-sea drilling vessel Cagri Bey to Somalia on Sunday for what its energy minister said would be Ankara's first offshore exploration mission outside its maritime zone.Describing the move as a 'historic moment' in Turkey's oil and gas exploration efforts…
SLB has secured multiple offshore drilling services contracts by Mubadala Energy for the Tangkulo natural gas deepwater development and associated exploration and appraisal activities in the Andaman Sea offshore Indonesia.The contracts cover…
Offshore drilling contractor Transocean has secured contract awards and extensions totaling approximately $184 million for two of its harsh-environment semisubmersible rigs operating in Norway.The company said the fixtures represent about $184 million in firm contract backlog…
Offshore drilling contractor Transocean has agreed to acquire Valaris in an all-stock transaction valued at about $5.8 billion, creating one of the world’s largest offshore drilling contractors with a fleet of 73 drilling rigs.The combined company…
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