Oil And Gas News


Equinor and Aker BP Make Gas Discovery in North Sea

Aug 24, 2026

Equinor and Aker BP have made a gas/condensate discovery in the North Sea, using COSL’s COSLInnovator semi-submersible drilling rig.The discovery was made in the ‘Linga’ prospect by drilling an exploration well 25/7-13 in production license 782 S…

Norway Stands Firm on Arctic Oil and Gas Drilling Despite EU Opposition

Aug 24, 2026

Norway will continue developing its oil and gas resources in the Barents Sea regardless of the European Union's support for a moratorium on Arctic hydrocarbon supplies, and no longer sees itself as Europe's 'green battery', Energy Minister Terje Aasland told Reuters…

Alexandre de Gusmão FPSO Reaches Peak Production

Aug 20, 2026

The Alexandre de Gusmão FPSO, the fifth installed in the Mero field in the pre-salt layer of the Santos Basin, has reached peak production at 180,000 barrels of oil per day (bpd). Mero is the third largest producing field in Brazil, after Búzios and Tupi…

Transocean Awarded $300 Million Contract for Ultra-Deepwater Drillship

Aug 20, 2026

Transocean has announced a two-year binding Letter of Award for the Dhirubhai Deepwater KG2 drillship with ONGC in India.The campaign is expected to commence in the first quarter of 2027 and contribute approximately $300 million in contract value…

Zenith Energy to Lead Phase 2 of Northern Endeavour Decommissioning

Aug 20, 2026

Australia’s Department of Industry, Science and Resources has engaged Zenith Energy Australia to conduct planning, engineering and regulatory activities to plug and abandon the Laminaria and Corallina wells in the Timor Sea.Phase 2 focuses on…

Equinor to Supply Oil from Johan Sverdrup to ORLEN

Aug 20, 2026

Equinor has signed an agreement with Poland’s ORLEN for the sale of crude oil from the Johan Sverdrup field on the Norwegian continental shelf. The agreement will run for three years from the beginning of September.Annual supplies under the…

Dolphin Drilling Wins Blackford Dolphin Contract Extension

Aug 20, 2026

Dolphin Drilling’s deepwater capable semisubmersible rig, Blackford Dolphin, will continue its drilling contract for Oil India Limited.The contract has been extended up to October 15, 2026, to enable completion of drilling, testing, and abandonment work at locations East of India…

Fifth FPSO for Exxon Arrives in Guyana

Aug 20, 2026

The fifth floating oil production facility for a consortium led by U.S. energy major Exxon Mobil in Guyana has arrived in Guyanese waters, according to vessel monitoring data on Thursday.The Errea Wittu FPSO, built by Japanese firm MODEC in Singapore…

Romanian Fighter Jets Destroy Marine Drone Near Neptun Deep Project

Aug 20, 2026

Romania scrambled F-16 fighter jets to destroy a marine drone spotted a few hundred metres from the Black Sea gas project Neptun Deep, Defence Minister Radu Miruta said on Thursday.The incident underscores the growing threat to critical energy…

Norway's Overall Oil, Gas Output Lags Forecast in July

Aug 20, 2026

Norway's combined oil and gas production missed an official forecast by 2.5% in July, 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…

DeepOcean Completes Tie-Back at Teal West

Aug 20, 2026

Global ocean services provider DeepOcean has successfully completed subsea construction and tie-in work at the Teal West development on the UK Continental Shelf for Anasuria Operating Company.Teal West is an offshore oil and gas development project located in the Central North Sea…

Aker BP Acquires Interests in Losgann/Froskelår and Slagugle Discoveries

Aug 19, 2026

Aker BP has entered into two separate transactions that strengthen its positions close to existing infrastructure on the Norwegian Continental Shelf. In the North Sea, the company has agreed to acquire Apache’s interest in the Losgann/Froskelår discovery near the Alvheim area…

Panoro Energy to Acquire Côte d’Ivoire Producing Asset from DNO

Aug 19, 2026

Panoro Energy has entered into a definitive agreement with DNO to acquire the entire share capital of DNO’s wholly owned subsidiary DNO CI which holds an indirect 9.09 percent interest in the high-quality gas producing Block CI-27 offshore Côte d’Ivoire…

TGS Wins Mediterranean Contract, Upgrades Data Link Performance

Aug 19, 2026

TGS has been awarded a streamer acquisition contract in the Mediterranean. A Ramform Titan-class vessel is scheduled to mobilize in the fourth quarter of 2026, with the survey expected to have a duration of approximately 110 days.Kristian Johansen…

Dolphin Celebrates Multi-Year Contract Awards

Aug 19, 2026

Dolphin Drilling announced its financial results for the second quarter and first half of 2026, highlighting it as a significant step forward in Dolphin Drilling’s repositioning, with increased long-term contract coverage, continued strong safety…

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