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 |  April 8, 2026
Crude oil prices plunged sharply on Apr. 7 after US Pres. Trump announced a conditional 2-week ceasefire agreement with Iran, contingent on reopening the strait and restoring ...
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Oil & Gas Journal Weekly Market Recap
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State of Alaska outline
Artist rendering from Fluor Corp.
Artist rendering of proposed refinery at the Port of Brownsville, Tex.
Map from BW Energy
Map of Dussafu Marin production license offshore Gabon
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April 30, 2026
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Oil & Gas Journal ReEnterprised

General Interest

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This compilation highlights news, insights, and updates from Oil & Gas Journal and Offshore, both EndeavorB2B brands, concerning the war in Iran.
March 6, 2026
2067615 © Natalia Bratslavsky | Dreamstime.com
oil and gas pumping equipment
The 5-year-old venture also has secured a $300 million revolving loan from a group led by Texas Capital.
April 6, 2026
Photo from Seadrill Ltd.
Seadrill Ltd.'s West Polaris drillship
Petrobras's contract extensions with Valaris and Seadrill secure offshore drilling capacity in Brazil, with adjustments to day rates and contract durations.
April 6, 2026
Photo from Halliburton
Men from Petronas, Valaris, and Halliburton stand together following signing of an agreement
Suriname is part of the Guyana-Suriname basin, which continues to see oil and gas exploration success and development activity.
April 6, 2026

Refining & Processing

Photo from the Government of the Republic of Trinidad and Tobago’s Ministry of Energy and Energy Industries.
Guaracara Refining Co. Ltd.’s Pointe-a-Pierre refinery
A $50-million study will evaluate Pointe-a-Pierre's current state, upgrade needs, and operational viability, with potential for future engineering, procurement, and construction...
March 25, 2026
Photo from Borouge Plc
Borouge Ruwais petrochemical complex.
Borouge 4, a large-scale integrated complex, is set to become the world's largest single-site polyolefins plant, enhancing ADNOC and OMV's market presence and operational capabilities...
March 20, 2026
Photo from bp
bp refinery in Gelsenkirchen
The acquisition enhances Klesch's refining assets in Europe, complementing existing complexes in Denmark and Germany, as bp continues its focus on cost reduction and portfolio...
March 19, 2026
203663209 © Krystsina Kvilis | Dreamstime.com
Australia
The Cooper basin joint venture partners have committed over $600 million to replace aging compressors with a centralized electric-driven station to enhance production and reduce...
March 9, 2026

Drilling & Production

Photo from Aker BP
Ivar Aasen platform in the North Sea
Symra is the second subsea tieback (the first was Hanz) to Ivar Aasen, which lies about 7 km away.
April 7, 2026
Map from Tamboran
Beetaloo map
Tamboran's Shenandoah SS2-1H well in Australia's Beetaloo subbasin achieved an average 20-day flow rate of 10.3 MMcfd with potential for future gas production.
April 6, 2026
Photo from NewMed Energy
Leviathan natural gas operations offshore Israel
The Leviathan natural gas field, located 130 km offshore Haifa, has restarted operations after a temporary halt due to the Iran war.
April 3, 2026
Photo from Transocean
Transocean Barents harsh-environment semisubmersible drilling rig
The high-specification, winterized Transocean Barents rig will support infill, project, and complex exploration wells, with a contract valued at approximately $490 million, including...
April 3, 2026

Exploration & Development

44351881 © Alex Grichenko | Dreamstime.com
Egypt in focus on map
The successful drilling of the Denise W-1 exploration well revealed a high-quality gas-bearing sandstone reservoir with 50 m of net pay.
April 7, 2026
Map from Chevron Corp.
Map of Aseng Gas Monetization Project assets
The work involves installation of 19 km of flowlines and 20 km of umbilicals in 800 m water depth offshore Equatorial Guinea.
April 2, 2026
Map from Finder Energy
Finder Energy secures development area approval offshore Timor‑Leste
The approval from ANP allows Finder to prepare a field development plan, with potential for a 25-year tenure, and explores options for using the Petrojarl I FPSO as a central ...
March 31, 2026
Illustration from Petrobras
Marlim Sul field location offshore Brazil on map
The discovery was confirmed through various geophysical and sampling techniques, with further laboratory analysis planned.
March 26, 2026

Pipelines & Transportation

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rig at sunset
Oil & Gas Journal has teamed up with EndeavorB2B's MAPSearch to provide a downloadable map of Permian basin natural gas gathering, processing, and transmission infrastructure....
Nov. 19, 2025
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American and Alaskan flag fly atop a building in the mountains of Denali
With a projected capacity of 7 million tpy at a cost of $8-9 billion, Polar LNG aims to utilize Arctic shipping routes for efficient export.
March 31, 2026
Edward O'Toole of RBAC Inc.
Oil & Gas Journal ReEnterprised
The podcast examines the effects of disrupted LNG supplies on global markets, emphasizing the need for strategic planning and adaptive measures as supply constraints and geopolitical...
March 31, 2026
Photo from QatarEnergy
Golden Pass LNG, a joint venture between QatarEnergy and ExxonMobil, has reached first production of LNG from Train 1 at Sabine Pass
With first LNG production achieved, Golden Pass LNG is on track to commence exports to global markets in second-quarter 2026.
March 30, 2026