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Upstream

OPEC+ oil production falls despite a new quota increase

Antonio Zavarce · June 14, 2026

OPEC+ oil production continues to weaken despite the new quota increase, while constraints on global supply persist.

Upstream

Greenland Energy advances its exploration program alongside Halliburton

Marcos Medina · June 14, 2026

Greenland Energy accelerates its exploration campaign in Greenland with support from Halliburton and drilling planned for October 2026.

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Vaalco Resumes Production at Baobab Field After FPSO Renovation

Ruth Arteaga · June 12, 2026

Vaalco reactivated the Baobab field after renovating the Baobab Ivoirien FPSO and reconnecting it to the CI-40 block.

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Conrad signs drilling contract to develop Mako Field.

Marcos Medina · June 12, 2026

Conrad secures a jack-up rig to drill six development wells in the Mako Gas Field.

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Subsea umbilicals drive gas project in Indonesia

Antonio Zavarce · June 10, 2026

Advanced subsea umbilicals will support the development of the Kutei North Hub project in Indonesia, a key initiative for offshore gas.

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SLB OneSubsea to supply subsea pumping system for BP’s Thunder Horse project

Ruth Arteaga · June 10, 2026

BP awarded SLB OneSubsea the supply of a subsea pumping system for the deepwater Thunder Horse project.

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Shell advances in the Orange Basin with Merlin-1X well results

Ruth Arteaga · June 10, 2026

Shell obtained encouraging results at Merlin-1X, reinforcing the technical appraisal of PEL 0039 in Namibia.

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Aker BP Johan Sverdrup Gains 2.2 MMboe in the North Sea

Antonio Zavarce · June 9, 2026

Aker BP gains an additional 2.2 MMboe following a redetermination process in Johan Sverdrup.

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Eagle Ford asset deal: Ensign Energy expands in Texas

Antonio Zavarce · June 8, 2026

Ensign Energy closed an Eagle Ford asset deal linked to ConocoPhillips assets, strengthening its operational position in one of the most productive shale basins…

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ExxonMobil seeks environmental approval for Haimara in Guyana

Antonio Zavarce · June 2, 2026

Exxon Mobil Guyana Haimara moves toward a new development phase following the application submitted to the EPA to exploit the gas-condensate discovery.