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Industry News
Ngaere-1 well flows oil after perforation in Taranaki, New Zealand
2026-03-10
New Zealand Energy Corp reported initial production from the Ngaere-1 well following perforation of the Mount Messenger Formation in onshore Taranaki, New Zealand.The well flowed oil and gas
SFL signs contract for semisubmersible Hercules
2026-03-07
SFL Corp signed a drilling contract in Canada with a multinational oil and gas company for the harsh environment semisubmersible rig Hercules. The estimated contract value is approximately
Odfjell Technology to acquire 70% stakes in Kaseum, Razor Oiltools
2026-03-03
Odfjell Technology entered into agreements to acquire a 70% ownership interest in two service companies that support lightweight intervention and plug and abandonment (P&A) operations.Under the terms of
Azule, ANPG start up Ndungu full field offshore Angola
2026-02-28
Azule Energy and the National Agency for Petroleum, Gas and Biofuels (ANPG) started up the Ndungu full field in the Agogo Integrated West Hub Project on Block 15/06























































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