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Exploration & Development
Photo from Equinor ASA.
Artistic rendition of Bay du Nord offshore oil project, including potential future subsea tie-backs.
Shell agrees to acquire interest in Bay du Nord project
Shell will acquire a 30% stake in the Bay du Nord offshore oil project in Newfoundland, with Equinor remaining the operator. The project is targeting first oil by 2031.
Oct. 9, 2026
bp-led Ginger project lets subsea precommissioning contract
Oct. 9, 2026
Torstein Lund Eik / © Equinor
The Gullfaks A platform in the North Sea
Discoveries
Equinor discovers gas at Gullfaks South
Oct. 8, 2026
PDVSA lets contracts for Delta, Cabimas blocks development onshore Venezuela
Oct. 7, 2026
Azerbaijan approves Gran Tierra, SOCAR for joint development of Guba-Khazaryani onshore area
Oct. 6, 2026
Photo from Petroleo Brasileiro SA.
The Brazilian coast in dark green and offshore in dark blue showing the location (in yellow) of the Morpho well in the Foz do Amazonas basin.
Petrobras makes additional discovery offshore Amapá
Oct. 5, 2026
Baker Hughes forms strategic alliances to boost Venezuela's oil, gas sectors
Oct. 5, 2026
316349189 © Ruletkka | Dreamstime.com
California flag
Government
US BLM sets December California oil, gas lease sale
Oct. 5, 2026
Photo from ReconAfrica.
A map showing the Angolan-Namibian border with a yellow outline of ReconAfrica’s MOU area that comprises 5.2 million acres in Angola and a red outline of 6.3 million acres in Namibia’s PEL 73.
ReconAfrica increases activity in Africa
Sept. 29, 2026
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