Oil And Gas News


Work Underway at Three New Wells at Zohr Gas Field off Egypt

Aug 26, 2025

Work is underway at three new wells in the Zohr gas field in the Mediterranean in the current financial year, Egypt's petroleum ministry said on Tuesday.Another well, the Zohr-6 well, has added about 65 million cubic feet per day of gas to Egypt’s output…

Vår Energi Hits Production Milestone as Jotun FPSO Continues Ramp-Up

Aug 26, 2025

Norwegian oil and gas company Vår Energi has achieved a significant milestone by reaching a production level of 400 thousand barrels of oil equivalent per day (kboepd), ahead of schedule.The company said it is also on track to produce around 430 kboepd in the fourth quarter this year…

Equinor Picks OneSubsea All-Electric Subsea Production System for North Sea Field

Aug 25, 2025

OneSubsea, a joint venture formed by SLB, Aker Solutions and Subsea7, has been awarded an engineering, procurement and construction (EPC) contract by Equinor for a 12-well, all-electric Subsea Production System (SPS) in the Fram Sør field, offshore Norway…

PXGEO Nets First Seismic Survey off Malaysia

Aug 25, 2025

Marine geophysical services company PXGEO has secured its first contract in Malaysia to deliver offshore seismic data acquisition services under a two-year agreement.The contract includes a minimum commitment of 365 days of acquisition activity…

Jadestone’s Flow Test Exceeds Expectations at Australian Offshore Oil Field

Aug 25, 2025

Jadestone Energy has reported that the Skua-11ST development well at the Montara field offshore Australia has delivered initial oil production rates significantly above expectations following successful flow testing.Production from Skua-11ST began in early August…

Triton FPSO Marks First Oil Lifting Following Production Restart

Aug 25, 2025

U.K.-based oil and gas firm Serica Energy has achieved first lifting of oil from the Triton floating production, storage and offloading (FPSO) unit in the North Sea since the resumption of production in July.Production continues to ramp up in line with the previously stated plan…

OKEA Makes Oil Discovery at Brage Field

Aug 25, 2025

Norwegian oil and gas firm OKEA has made oil discovery in the Talisker exploration well at the Brage field in the North Sea.The discoveries were made in the production license PL 055, operated by OKEA with 35.2% working interest, with partners Lime Petroleum 33…

Equinor Finds Oil and Gas Near Troll Field in North Sea

Aug 25, 2025

Equinor and partners have struck oil and gas in the Fram area, nine kilometers north of the Troll field in the North Sea.The discoveries were made in exploration well 35/11-31 S in production license 090, operated by Equinor with 45% working interest…

Shelf Drilling’s Jack-Up Rig Extends Stay with Chevron off West Africa

Aug 25, 2025

Offshore drilling firm Shelf Drilling has secured a contract extension for the Shelf Drilling Tenacious jack-up rig with Chevron’s subsidiary Cabinda Gulf Oil Company (CABGOC) for drilling operations offshore West Africa.The extension will begin in direct continuation of the rig’s current contract…

Woodside Wins Court Approval for Scarborough Energy Project

Aug 22, 2025

Woodside has welcomed the Australian Federal Court's decision confirming the validity of the National Offshore Petroleum Safety and Environmental Management Authority’s acceptance of the Scarborough Offshore Facility and Trunkline (Operations) Environment Plan…

Western Australia Can’t Wait [for a Decommissioning Hub]

Aug 21, 2025

The Northern Endeavour FPSO is being shipped by a Chinese heavy lift ship from Australia to Denmark for recycling.Installed between the Laminaria and Corallina oil fields in the Timor Sea and unproductive since 2019, its fate became the burden…

DOI Updates Commingling Policy

Aug 21, 2025

The US Department of the Interior is updating oil and gas commingling rules to align with the One Big Beautiful Bill Act.Commingling is the practice of combining oil or gas production from two or more sources into a single stream for measurement and processing…

Contract Extended for Vantage Drilling’s Platinum Explorer

Aug 21, 2025

UAE-based Vantage Drilling International has announced that the Conditional Letter of Award received from an undisclosed client for the ultra-deepwater drillship Platinum Explorer in April has been extended.This follows a 30-day extension from July 22 to bring the contract end date to August 29…

Watch: Aker BP Drills Omega Alfa

Aug 21, 2025

Aker BP has completed the Omega Alfa exploration campaign in the Norwegian North Sea, resulting in a significant oil discovery that adds substantial new resources to the Yggdrasil area.The recoverable volume is estimated at 96–134 million barrels of oil equivalent (mmboe)…

Jadestone Announces Montara Production Well Success

Aug 20, 2025

Jadestone Energy has confirmed initial oil rates from the Skua-11ST development well at the Montara field offshore Australia are higher than previous guidance.Consistent with previous disclosures, production from the Skua-11ST well commenced in early August 2025…

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