| | | | | | Following a recent MoU with ExxonMobil, TPAO is working to advance its exploration efforts in the Black Sea with the aim of increasing oil and gas production. |
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| The $25-50 million contract involves DOF's North American team managing project execution, engineering, and vessel services to deliver chemical fluids into subsea wells in the Gulf of Mexico, starting mid-2026. |
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| A recent agreement between Equatorial Guinea and Cameroon marks a step toward joint development, unifying Yoyo-Yolanda fields. |
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| | | | TotalEnergies and Petrobras have acquired interests in an 11,000 sq km offshore exploration block in Namibia's Lüderitz basin. |
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| | | | The exploration in Bulgaria's Black Sea continues despite a dry well at Vinekh prospect, with ongoing evaluations and plans for a new well in the Krum prospect. |
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| The operator plans to invest $100 million in Kurdistan this year, up significantly from last year's $22 million, as it seeks to ramp up gross production to 100,000 boe/d in the area. |
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| | | | Vaalco Energy's joint operating agreement for the Venus-Block P plan of development has been approved by the Government of Equatorial Guinea. |
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| The memorandum focuses on exploration, resource development and aims to support more foreign investment. |
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| | Shell agreed to sell a 20% stake in the Santos Basin presalt project to KUFPEC, enhancing collaboration between the companies while remaining the project's operator. |
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| | | | Vaalco Energy is divesting its Canadian assets to fund growth in core areas with "significant drilling campaigns and continued upside." |
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| | | | The contract supports development of Kuwait's Mutriba field, which began in 2025, involving complex reservoir conditions and infrastructure challenges in an undeveloped area. |
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