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Sunda Energy expands production in Asia and New Zealand
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PetrusPetrusSep 2, 2026
Oil and gas industry · Gas ProductionEnergy and resources · Oil and GasOil and gas industry · Oil Extraction

Sunda Energy expands production in Asia and New Zealand

Sunda Energy is in negotiations with the authorities of Timor-Leste regarding the Chuditch project and is continuing the acquisition of Matahio Energy's assets in New Zealand, with plans for further production expansion.

#gas#New_Zealand#exploration#drilling#oil#Тимор-Лесте
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Chinese company CNOOC to begin drilling on Brazil's continental shelf
PetrusPetrusAug 18, 2026
Oil and gas industry · Offshore DrillingEnergy and resources · Oil and GasOil and gas industry · Oil Extraction

Chinese company CNOOC to begin drilling on Brazil's continental shelf

The Chinese company CNOOC Limited plans to begin drilling its first exploratory well on the Brazilian continental shelf in the Santos Basin in 2029. The project focuses on little-studied deepwater areas, where major international oil companies are also operating.

#ecology#gas#exploration#Brazil#drilling#oil
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Norway is developing complex gas and oil fields
PetrusPetrusAug 11, 2026
Oil and gas industry · Gas ProductionTechnologies and engineering · Renewable EnergyOil and gas industry · Offshore Drilling

Norway is developing complex gas and oil fields

Norwegian oil and gas companies are actively developing complex and dense reservoirs, using advanced technologies to tap into previously hard-to-reach reserves. Successes in projects such as Victoria are opening up new opportunities for the industry and could significantly increase the country's oil and gas production.

#technologies#gas#drilling#oil#production#Victoria
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Nabors' drilling activity is increasing, but revenue is declining
PetrusPetrusJul 29, 2026
Oil and gas industry · Oilfield ServicesEnergy and resources · Oil and GasOil and gas industry · Oil Extraction

Nabors' drilling activity is increasing, but revenue is declining

In the second quarter, Nabors Industries increased its drilling activity, but overall revenue declined due to lower earnings in the digital and automation segments. Despite the growth in the number of rigs, the company's shares fell by 3.8%.

#finance#drilling#Middle_East#drilling_rigs#shares#revenue
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Vaar Energi Launches Large-Scale Oil Exploration in 2026
PetrusPetrusJul 28, 2026
Oil and gas industry · Offshore DrillingEnergy and resources · Oil and GasOil and gas industry · Oil Extraction

Vaar Energi Launches Large-Scale Oil Exploration in 2026

Norwegian company Vaar Energi plans to drill seven exploration wells in the second half of 2026 to increase oil and gas reserves at key fields. The main targets—Lakris, Jotun Deep, Anabelle, and others—have significant potential and could be connected to the company’s existing infrastructure.

#infrastructure#gas#exploration#drilling#oil#Norway
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Shell has discovered oil in Egypt's deepest well.
PetrusPetrusJul 27, 2026
Oil and gas industry · Oil ExtractionEnergy and resources · Oil and GasOil and gas industry · Offshore Drilling

Shell has discovered oil in Egypt's deepest well.

Shell has completed drilling the deepest well in the Mediterranean Sea off the coast of Egypt and has discovered signs of oil. The collected data is now being analyzed to assess the commercial potential of the field.

#Mediterranean#gas#exploration#drilling#oil#Egypt
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Serica Energy acquires Pharos to drive global growth
PetrusPetrusJul 27, 2026
Oil and gas industry · Oil ExtractionEnergy and resources · Oil and GasOil and gas industry · Gas Production

Serica Energy acquires Pharos to drive global growth

The British company Serica Energy is acquiring Pharos Energy for £145.7 million to expand its operations in Vietnam and Egypt and increase its production resources. The deal has been approved by the boards of directors of both companies.

#drilling#oil#dividends#Egypt#Vietnam#shareholders
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SLB's Revenue Growth Amid Offshore Boom
PetrusPetrusJul 25, 2026
Oil and gas industry · Oilfield ServicesFinance and accounting · Financial ReportingFinance and accounting · Investment

SLB's Revenue Growth Amid Offshore Boom

SLB increased its revenue by 5% in the second quarter to $9 billion, driven by growth in offshore operations, despite a decline in profits and a slowdown in activity in the Middle East due to the conflict. The company's financial results exceeded analysts' expectations.

#North_America#drilling#oil#Middle_East#dividends#Latin_America
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SLB shares soared after strong quarterly revenue results
PetrusPetrusJul 25, 2026
Oil and gas industry · Oilfield ServicesFinance and accounting · Financial ReportingFinance and accounting · Investment

SLB shares soared after strong quarterly revenue results

SLB increased its revenue in the second quarter amid growing offshore activity, despite a decline in profits. The company's financial results exceeded expectations, leading to a rise in its share price.

#drilling#oil#Middle_East#dividends#Latin_America#shares
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Matador expands its assets in the Delaware Basin
PetrusPetrusJul 24, 2026
Oil and gas industry · Oil ExtractionEnergy and resources · Oil and GasOil and gas industry · Gas Production

Matador expands its assets in the Delaware Basin

American company Matador Resources has finalized deals to acquire oil and gas fields in the Delaware Basin, expanding its land holdings to 240,000 acres. The company expects proven reserves to increase by 55 million barrels of oil equivalent and anticipates lower drilling costs in the newly acquired regions.

#Нью-Мексико#drilling#oil#assets#natural_gas#Texas
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Equinor has discovered a new field in the Barents Sea
PetrusPetrusJul 23, 2026
Oil and gas industry · Oil ExtractionEnergy and resources · Oil and GasEnergy and resources · Mining Industry

Equinor has discovered a new field in the Barents Sea

Equinor and its partners have discovered a new oil field near Johan Castberg in the Barents Sea, with reserves estimated at up to 10.5 million barrels. They are considering connecting it to the existing infrastructure.

#infrastructure#drilling#oil#Equinor#FPSO#field
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Invictus Energy prepares to drill a major gas field
PetrusPetrusJul 8, 2026
Oil and gas industry · Gas ProductionEnergy and resources · Oil and GasEnergy and resources · Mining Industry

Invictus Energy prepares to drill a major gas field

Australian company Invictus Energy has signed key contracts to explore a major gas field in Zimbabwe, with reserves estimated at 1.2 trillion cubic feet of gas. Drilling of the Musuma-1X well is scheduled to begin in the second half of the year.

#infrastructure#exploration#drilling#contracts#gas_condensate#Invictus_Energy
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Chevron invests $13.8 billion in Argentina's shale oil
PetrusPetrusJun 4, 2026
Oil and gas industry · Oil ExtractionEnergy and resources · Oil and GasOil and gas industry · Gas Production

Chevron invests $13.8 billion in Argentina's shale oil

The American company Chevron will invest $13.8 billion in the development of the El Trapial shale block in Argentina, utilizing advanced technologies and benefiting from government support to encourage investment. This project could become one of the largest new investments in the country's energy sector.

#energy#investments#drilling#Argentina#Chevron#Vaca_Muerta
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A new floating FPSO will appear at the Kikeh field
PetrusPetrusMay 25, 2026
Oil and gas industry · Oil ExtractionEnergy and resources · Oil and GasEnergy and resources · Energy Infrastructure

A new floating FPSO will appear at the Kikeh field

A new floating production, storage, and offloading unit (FPSO) is planned to be installed at Malaysia’s Kikeh field, replacing the outdated platform. The project is being carried out by a consortium from India and Malaysia, with commissioning expected after 2028.

#gas#energy#drilling#oil#Malaysia#contractors
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PTTEP and Valeura expand gas projects in Thailand
PetrusPetrusMay 15, 2026
Oil and gas industry · Gas ProductionEnergy and resources · Oil and GasEnergy and resources · Mining Industry

PTTEP and Valeura expand gas projects in Thailand

Thailand's national oil and gas company PTTEP is preparing to make an investment decision on the development of the Bussabong gas field, with production expected to begin in 2028. The project involves partner Valeura, which is acquiring a 40% stake, and further exploration and development of offshore assets in the northern part of the Gulf of Siam are planned.

#investments#drilling#energy_security#Thailand#gas_field#PTTEP
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Hot

Qnap has announced new NAS devices for video production

Oct 2, 202610/2/26 · 0 reactions

Tesla opened credit lines worth $30 billion

Oct 2, 202610/2/26 · 0 reactions

Air travel is on the rise, but new regulations are making the market more complicated.

Oct 1, 202610/1/26 · 0 reactions
Recommended
Cloud Computing

Qnap has announced new NAS devices for video production

Qnap has introduced three new NAS systems designed for video production tasks, equipped with USB4 ports for high-speed data transfer. These devices support various connection modes and are intended for use with high-capacity hard drives and SSDs.

Financial Analysis

Tesla opened credit lines worth $30 billion

Tesla has opened credit lines totaling $30 billion to finance major investments amid declining profits and rising capital expenditures. The new agreement expands the company's financial flexibility as it faces increasing pressure on its business.

Transportation Logistics

Air travel is on the rise, but new regulations are making the market more complicated.

Air transportation is becoming an increasingly important part of logistics, especially amid the instability of sea shipping. However, new regulations for preparing air waybills are creating additional challenges and risks for market participants.