Oil And Gas News

 

Sponsored: Policy, AI, and Capital Take Center Stage at ADIPEC 2025

Nov 07, 2025

ADIPEC 2025 kicks off in Abu Dhabi with a powerful message from Dr. Sultan Al Jaber for a balanced and inclusive approach to meeting energy demand, built on reinforcement, not replacement. Opening addresses and high-level sessions featuring…

Aker BP’s Well in North Sea Comes Up Dry

Nov 07, 2025

Aker BP and its partners have drilled a well in the Yggdrasil area in the North Sea, which proved to be dry.The well 30/11-16 S, or ‘Natrudstilen’, was drilled in production license 873, just over one kilometer east of Fulla and 155 kilometers west of Bergen…

Equinor Cleared for Drilling Job in Barents Sea

Nov 07, 2025

The Norwegian Offshore Directorate has granted Equinor a drilling permit for a wildcat well in the Barents Sea.The permit is for a wellbore 7220/7-5 in production license 532, operated by Equinor with 46.3% working interest.Equinor’s partners in the license are Vår Energi with 30%…

Halliburton Gets Shell’s Drilling and Completions Contract Offshore Nigeria

Nov 07, 2025

Halliburton has secured an integrated drilling and completion services contract for the HI gas field development in OML 144 offshore Nigeria by Shell Nigeria Exploration and Production Company (SNEPCo), in collaboration with Sunlink Energies…

BP-ADNOC JV Secures Rights for Harmattan Field Offshore Egypt

Nov 07, 2025

Arcius Energy, a joint venture between ADNOC’s XRG and BP, has secured full production and exploration rights for the Burj offshore concession in the Mediterranean, which includes Harmattan gas field offshore Egypt.The agreement was signed during…

Gunvor Faces Financing and Regulatory Hurdles in Lukoil Deal

Nov 07, 2025

Russian energy group Lukoil's foreign empire is suitor Gunvor's biggest acquisition target to date but looks far beyond the Swiss trader's borrowing capacity, bankers and insiders say.Lukoil launched the sale of foreign assets on October 27 after coming under fresh U…

Shell-Led LNG Canada Starts Production at Second Processing Unit

Nov 06, 2025

LNG Canada has started production of liquefied natural gas at the second of its two processing units, known as Train 2, the company said.Both trains at the Shell-led project in Kitimat, British Columbia - each with a capacity of 6.5 million metric tons per annum - are now operational…

TGS and Chevron Sign Data Acquisition Deal

Nov 05, 2025

TGS and Chevron have signed a three-year capacity agreement for marine streamer and OBN acquisition services.The minimum firm commitment under the three-year term of the capacity agreement is 18 months of a combination of OBN and streamer acquisition services…

W&T Offshore Reports Strong Production, Reduced Debt

Nov 05, 2025

W&T Offshore has reported operational and financial results for the third quarter demonstrating increased production to 35.6 thousand barrels of oil equivalent per day (“MBoe/d”) (49% liquids), near the high end of guidance, and a reported net loss of $71…

Aker Solutions Secures Contract from ExxonMobil Canada

Nov 05, 2025

Aker Solutions has signed a five-year enabling contract with ExxonMobil Canada Properties, a partnership, as operator of the Hebron platform. The contract is an extension for brownfield maintenance and modification (M&M) services on the Hebron platform…

Borr Drilling Announces Revenue Lift

Nov 05, 2025

Borr Drilling has announced unaudited results for the nine months ended September 30, reporting total operating revenues of $277.1 million, an increase of $9.4 million or 4% compared to the second quarter of 2025.Net income of $27.8 million was a decrease of $7…

Porto Central Extends Offshore Decommissioning Plans

Nov 04, 2025

Porto Central Complexo Industrial Portuário and M.A.R.S. Europe have signed an amendment to their memorandum of understanding that extends their ongoing collaboration on a ship decommissioning and recycling yard in Brazil.  The amendment extends…

Eni and Petronas to Establish Company in Indonesia and Malaysia

Nov 04, 2025

Eni and Petronas have signed a binding agreement to establish a new satellite company through the business combination of their upstream assets in Indonesia and Malaysia.The signing follows a framework agreement signed in June 2025.The independent…

ConocoPhillips Begins Drilling Offshore Eastern Australia

Nov 04, 2025

U.S. independent ConocoPhillips began drilling its first exploration well as part of larger campaign searching for natural gas offshore eastern Australia, 3D Energi, its junior partner in the project, said on Monday.Work began over the weekend on the Essington-1 well…

Output from QatarEnergy's North Field Expansion Slated for 2026

Nov 03, 2025

The CEO of QatarEnergy, one of the world's biggest liquefied natural gas producers, told Reuters on Monday that the company's massive North Field expansion project will produce its first LNG in the second half of 2026.The state-owned company said in May that first production at the field…

Current News

Namibia will not recognise TotalEnergies and Petrobras due to non-compliance with procedure

Namibia will not recognise Tot

Venterra Company, CAPE Holland, Awarded Contract for Fengmiao Offshore Wind Farm

Venterra Company, CAPE Holland

Bae Systems Launches Incubator Program to Propel Technologies Beyond Defense

Bae Systems Launches Incubator

DOF Group ASA Contract Award for Well Intervention Services in North America

DOF Group ASA Contract Award f

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