Falkland Oil And Gas News


Suriname Puts 60% of Offshore Acreage Up for Oil and Gas Exploration

Nov 24, 2025

Suriname’s state-run energy company Staatsolie has launched the ‘Open-Door Offering’, an initiative aimed at unlocking new oil and gas exploration opportunities in the Guiana Basin.Approximately 60% of Suriname’s offshore acreage is available…

ADNOC Outlines $150B Spending Plan as Reserves Increase

Nov 24, 2025

Abu Dhabi state oil company ADNOC plans $150 billion of investment between 2026 and 2030, it said on Monday, seeking to maintain existing operations, drive growth and meet global energy demand.During a meeting on Monday, the board of directors…

EnergyPathways Files Expanded License for MESH Gas and Hydrogen Storage Scheme

Nov 24, 2025

EnergyPathways has applied for a gas storage license covering the natural gas and hydrogen storage components of its MESH energy project in the East Irish Sea, expanding the area targeted for salt cavern development nearly fourfold.The company…

Equinor Signs 10-Year Gas Supply Deal

Nov 21, 2025

Equinor and the Capital City of Prague’s gas and electricity company Pražská plynárenská have signed a long-term agreement for ten years of gas supplies into the Czech Republic.Deliveries have started and will last until 2035, Equinor said.Equinor’s…

Trump Proposal Opens California Coast to Drilling, Drawing Fierce Opposition

Nov 21, 2025

President Donald Trump's administration on Thursday unveiled a plan for a dramatic expansion of oil and gas drilling rights auctions in U.S. waters, including in California, where state officials strongly oppose energy development along its world-famous coastline…

Industry Responds Positively to US Offshore Lease Proposal

Nov 20, 2025

This week, the Department of the Interior issued the Draft Proposed Program for the next five year federal offshore oil and gas leasing program, and the response from industry has been positive.Under the new proposal for the 2026–2031 National Outer Continental Shelf Oil and Gas Leasing Program…

Norway Misses Production Forecast as October Output Slips

Nov 20, 2025

Norway's combined oil and gas production lagged an official forecast by 3% in October, the Norwegian Offshore Directorate (NOD) said on Thursday.Norway is Europe's largest supplier of natural gas and a major producer of oil, but output varies…

DNO Enlists AGR to Assess North Sea Reserves and Resources

Nov 20, 2025

Oil and gas firm DNO Norge has hired AGR, part of ABL Group, to carry out an independent evaluation of reserves and resources for the oil and gas operator’s asset portfolio.AGR will provide DNO Norge, which is the Norwegian operation of Oslo-listed DNO…

Australia Opens Consultation on Decommissioning Planning and Finance

Nov 19, 2025

The Australian Government has published a consultation paper seeking feedback on reforms to Decommissioning and Financial assurance arrangements for the offshore oil and gas industry.Australia has up to A$60 billion of offshore oil and gas decommissioning…

BOEM Proposes Second Gulf of America Lease Sale

Nov 19, 2025

The Bureau of Ocean Energy Management announced a Proposed Notice of Sale for the second offshore oil and gas lease sale under the One Big Beautiful Bill Act. The proposed lease sale, known as Big Beautiful Gulf, or BBG2, is scheduled to take place on March 11…

Australian Offshore Decom Costs Set to Fall as Efficiency Improves, Xodus Finds

Nov 19, 2025

Australia’s estimated offshore oil and gas decommissioning cost has been revised down to $28.3 billion (A$43.6 billion) by 2070, supported by rising sector efficiency and improved forecasting methods, according to new research from global energy consultancy Xodus…

Syria Inks Gas Deal with ConocoPhillips and Novaterra

Nov 19, 2025

The Syrian Petroleum Company, U.S.-based ConocoPhillips COP.N and Novaterra have signed a memorandum of understanding to expand cooperation in the natural gas sector, Syria's energy ministry said on Tuesday.Due to the destruction of energy infrastructure during its 14-year civil war…

Green Groups File Suit to Stop Gulf of Mexico Oil Auction

Nov 19, 2025

Environmental groups sued the Trump administration for its decision to move forward with a planned December 10 offshore oil and gas lease sale covering 80 million acres (32 million hectares) in the Gulf of Mexico, they said on Tuesday.Why It's ImportantThe lawsuit…

Equinor Identifies Source of Gas Exposure Events at Hammerfest LNG

Nov 18, 2025

Equinor said its investigation into a series of exposure incidents at Hammerfest LNG has concluded that venting from monoethylene glycol (MEG) tanks was the main source, combined with weather conditions that caused vented gas to descend to ground level where personnel were working…

Energy Transition' Future: Fractured, Bumpy and Long

Nov 17, 2025

As COP30 kicks off its second week in Brazil, much has changed since the landmark Paris climate agreement was penned 10 years ago.The spirit of cooperation that once reigned has been shattered by economic rivalries and a stark divergence in climate policies among the world’s biggest polluters…

Current News

BOEM Initiates Process for Potential Mineral Lease Sale Offshore Virginia

Jumbo Scoops Two Offshore Wind Contracts

Wood Nets Long-Term Maintenance Contract for Rio Grande LNG Facility

TechnipFMC to Supply Subsea Systems for Chevron’s Gas Project off Australia

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