Month: June 2026

Iraq has restored production at three major southern oil fields after tanker exports resumed through the Persian Gulf, reversing temporary output cuts caused by disruptions following tensions around the Strait of Hormuz.

TotalEnergies CEO Patrick Pouyanné will speak at AOG 2026 as the company advances major offshore oil and gas projects in Angola, including the Kaminho deepwater development and the country’s first non-associated gas project.

Renaissance Africa Energy Company has announced an offshore oil discovery at the JK-004 exploration well in Nigeria’s OML 74, confirming approximately 1,000 ft of hydrocarbon-bearing intervals across seven reservoirs containing light oil.

Marubeni Corporation has acquired Barnett shale operator EagleRidge Energy, expanding its North American natural gas portfolio with a producer operating more than 3,500 wells and producing approximately 300 MMcfe/d in North Texas.

Oceaneering has secured a four-year contract from Petrobras to provide remotely operated vehicle (ROV) services offshore Brazil, supporting subsea intervention, installation and abandonment operations beginning in 2027.

Argent LNG has awarded GIS Engineering a contract to provide marine, environmental and site engineering services supporting FERC permitting for its proposed 25-MMtpa LNG export terminal at Port Fourchon, Louisiana.

Worley has been selected as one of 11 contractors on Aramco’s five-year project management consultancy program, supporting engineering and project delivery across one of the world’s largest energy capital investment portfolios.

Indonesia Energy Corp. has begun operations on the K-29 well at its Kruh Block in Indonesia, marking the start of a two-well drilling campaign as the company advances plans to expand development across the block.

Superior Energy Services has agreed to acquire Sonic Holdings, adding electric feed-through technologies, production equipment and drilling wellheads to its Wellsite Solutions portfolio as it expands its production-focused oilfield services business.

bp has agreed to sell its 37.2% non-operated interest in the Bay du Nord offshore development to Equinor, continuing its strategy of simplifying its upstream portfolio while retaining two exploration licenses offshore Canada.