Month: June 2026

A drone strike on Aramco’s 1-MMbpd Shaybah oil field killed two people and injured two, but operations were unaffected, Saudi Arabia’s energy ministry said.

GeoPark won the Corralera Noreste block in Neuquén’s 2026 bid round, adding about 24,200 net Vaca Muerta acres for $95 million, with a two-well appraisal program planned.

The International Tribunal for the Law of the Sea will hear Argentina’s request to halt the Sea Lion oil project offshore the Falkland Islands on Nov. 10–11.

Woodside’s Q3 production rose 12% to 503,000 boed as Scarborough reached 99% complete with first LNG on track for Q4, and Trion hit 71% complete ahead of 2028 first oil.

The UK has granted consent for the Jackdaw gas field off northeast Scotland. First gas could come as early as the end of October, and the field is expected to lift domestic gas output by about 6% at its peak.

Laredo Oil has met Santa Cruz province leaders a second time to present its Underground Gravity Drainage technology for mature Golfo San Jorge fields, although an agreement has not yet been reached.

Offshore Data Center and Kalypso will evaluate using stranded gas and idle Gulf platforms to power modular AI data centers and potentially defer decommissioning costs.

bp and TechnipFMC have signed an MoU to cooperate on 20,000-psi subsea tree systems for bp’s Paleogene projects in the U.S. Gulf, targeting greater schedule certainty.

Egypt’s EGAS, with SLB and Viridien, will begin an 18,000-sq-km ocean bottom node seismic survey in the Eastern Mediterranean within two weeks to boost gas exploration.

Halliburton expects mid-single-digit revenue growth and operating margins of about 15% in 2027, with no recovery assumed in North American fracturing. Q3 revenue held flat at $5.7 billion, as an 8% gain in Middle East/Asia offset lower U.S. land pressure pumping.