Oil And Gas News


US Judge Overturns Trump’s Freeze on Wind Energy Permits

Dec 09, 2025

A federal judge on Monday struck down an order by U.S. President Donald Trump's administration to halt all federal approvals for new wind energy projects, saying that agencies' efforts to implement his directive were unlawful and arbitrary.Agencies including the U…

EnerMech Gets Onboard Woodside’s Pluto Train 2 LNG Project

Dec 09, 2025

EnerMech has secured a contract from Bechtel to deliver chemical cleaning services for Woodside Energy’s Pluto Train 2 LNG project in Western Australia, the company said.Bechtel is responsible for engineering and construction of the expansion…

Shell to Take Majority Stake in Orange Basin Block with PetroSA-Backed Deal

Dec 09, 2025

South Africa's legacy national oil company, PetroSA, has approved a deal to give Shell Offshore a 60% stake in its Block 2C, off the country's west coast, a document seen by Reuters showed on Monday.If successfully concluded, the agreement will strengthen oil major Shell's SHEL…

Eni Makes Significant Gas Discovery Offshore Indonesia

Dec 09, 2025

Eni has made a significant gas discovery in the Konta-1 exploration well, drilled in the Muara Bakau production sharing contract (PSC), in the Kutei Basin, offshore Indonesia.Estimates indicate 600 billion cubic feet (Bcf) of gas initially in…

TotalEnergies Takes Operatorship of Namibia’s Block via Galp Asset Swap Deals

Dec 09, 2025

TotalEnergies and Galp have agreed to exchange stakes across three Namibian offshore licenses in a deal that places TotalEnergies as operator of the Mopane discovery while expanding Galp’s footprint in the Orange Basin and giving it exposure to the Venus development…

Petronas Enlists MISC for FPU Job at Gas Field Offshore Brunei

Dec 09, 2025

Malaysia’s MISC Berhad has secured its first floating production unit (FPU) project in Brunei after receiving a letter of award from PETRONAS Carigali Brunei (PCBL) for the lease, operation and maintenance of the facility for a natural gas development project…

Equinor’s First Hybrid Power Complex Starts Operations

Dec 08, 2025

Equinor and its Brazilian subsidiary Rio Energy have started commercial power production at the Serra da Babilônia Solar facility in Brazil. Strategically co-located with the existing Serra da Babilônia Wind, this represents the first hybrid asset in Equinor’s power portfolio…

Vissim to Provide Vessel Collision Avoidance System for Qatari Offshore Field

Dec 08, 2025

Norwegian technology company Vissim has secured a contract with a Qatar-based oil and gas operator to deliver a vessel collision avoidance system at an undisclosed oil field offshore Qatar.As part of a three-year agreement, Vissim will provide…

Japan’s JERA Signs First Long-Term LNG Deal with India’s Torrent Power

Dec 08, 2025

Japan’s JERA, the country’s largest power producer, has signed its first long-term liquefied natural gas (LNG) supply agreement outside Japan with India’s Torrent Power.Under the 10-year deal beginning in 2027, JERA will supply four LNG cargoes a year…

India's ONGC Set to Retain 20% stake in Russia's Sakhalin-1 Project

Dec 08, 2025

India's Oil and Natural Gas Corp (ONGC) will pay into Russia's Sakhalin-1 oil and gas field abandonment fund in roubles, using Indian companies' frozen dividends to retain its 20% stake in the project, three sources familiar with the matter said…

NEO NEXT+ Rises as UK’s Largest Independent O&G Producer Under New Merger

Dec 08, 2025

TotalEnergies has agreed to merge its U.K. upstream operations with NEO NEXT Energy in a transaction that will create NEO NEXT+, expected to become the largest independent oil and gas producer in the United Kingdom.Under the deal, TotalEnergies will hold a 47…

Harbour Energy to Sell Stakes in Indonesian Assets to Prime Group for $215M

Dec 08, 2025

Harbour Energy has agreed to sell its operated interests in the Natuna Sea Block A field and the Tuna development project in Indonesia to Prime Group for $215 million in cash, as the U.K.-listed producer continues to streamline its portfolio…

Eni Expands Asian Footprint with Long-Term LNG Contract in Thailand

Dec 05, 2025

Eni has signed a long-term LNG sales agreement with Thailand’s Gulf Development Company, expanding its presence in Asian gas markets and advancing its plan to build a diversified global liquefied natural gas (LNG) portfolio.Under the 10-year contract…

Equinor’s North Sea Wildcat Wells Yield Oil and Gas Discovery

Dec 05, 2025

Equinor and its partner Aker BP have discovered hydrocarbons in wildcat wells drilled in the North Sea.The gas/condensate discovery was made in the Lofn and Langemann prospects, part of  1140 production license, operated by Equinor with 60% working interest…

Petrobras and Shell Raise Stakes in Brazil’s Atapu and Mero Pre-Salt Fields

Dec 05, 2025

Petrobras and Shell have increased their participation in Brazil’s Atapu and Mero pre-salt reservoirs after securing additional equity in an auction held by Pré-Sal Petróleo (PPSA).The consortium formed by Petrobras (80%), in partnership with Shell Brasil Petróleo (20%)…

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