Oil And Gas News


Viridien to Shed More Light on Malaysia’s Offshore Oil and Gas Potential

Oct 21, 2025

Viridien, in partnership with Malaysia Petroleum Management (MPM), a unit of Petronas, is finalizing an integrated geological study aimed at uncovering new exploration opportunities in the underexplored Langkasuka Basin in the Malacca Strait…

US Exports Record Levels of Natural Gas to Mexico

Oct 21, 2025

U.S. natural gas pipeline exports to Mexico averaged 7.5 billion cubic feet per day (bcfd) in May 2025, the most of any month on record as Mexico's demand for natural gas increases, the U.S. Energy Information Administration said on Monday.On an annual basis…

Petrobras Gets Go-Ahead for Exploratory Drilling Near Mouth of Amazon River

Oct 21, 2025

Petrobras has received the environmental license from Brazil’s environmental agency Ibama to drill an exploratory well in block FZA-M-059, located in deep waters off Amapá, near the mouth of the Amazon river.The well is located in 500 km from the mouth of the Amazon river and 175 km from the coast…

Russia’s Arctic LNG 2 Loads Another Tanker

Oct 21, 2025

A liquefied natural gas tanker has left Russia's Arctic LNG 2 after loading a cargo there, according to data compiled by LSEG and analytics firm Kpler, as the project continues output despite Western sanctions over Moscow's war in Ukraine.The…

Norway: Gas Lags as Oil Sees Output Rise

Oct 21, 2025

Norway's oil production exceeded an official forecast by 5.4% in September while gas lagged by 1.9%, the Norwegian Offshore Directorate (NOD) said on Tuesday.Norway is Europe's largest supplier of natural gas and a major producer of oil, but…

US Pressure on India Could Propel Russia's Shadow Oil Exports

Oct 20, 2025

Donald Trump is putting more pressure on India to slash its Russian oil purchases. This could deprive Moscow of vital revenue, but it will mostly just push more Russian oil into an increasingly large shadow market.The U.S. president said on…

Poland Eyes Bids to Expand Floating LNG Terminal

Oct 20, 2025

Poland will seek binding offers for capacity that would be available in the expanded floating liquefied natural gas terminal near Gdansk following ample interest from shippers, the country's gas pipeline operator Gaz-System said on Monday.Gaz…

FET Books Two Work-Class ROV Order from Nigerian Oil and Gas Firm

Oct 20, 2025

Forum Energy Technologies’ (FET) subsea product line has secured a contract to provide two of its new generation work class remotely operated vehicle (ROV), the XLX EVO III, to Nigerian oil and gas firm Marine Platforms (MPL).The contract win marks the first sale of FET’s XLX EVO III…

Energy Drilling’s EDrill-2 Rig Starts Ops for PTTEP in Gulf of Thailand

Oct 20, 2025

The tender-assist drilling rig EDrill-2, owned by its SED Energy Holdings’ subsidiary Energy Drilling, has started operations for PTT Exploration and Production Public Company (PTTEP) in the Gulf of Thailand.EDrill-2 mobilized to the Gulf of Thailand…

Sanctions Force Vantage Drilling to End Platinum Explorer Contract

Oct 20, 2025

Offshore drilling contractor Vantage Drilling has announced the termination of the contract for its ultra-deepwater drillship Platinum Explorer.The termination, with immediate effect, is for the 260-day campaign the Platinum Explorer drillship was hired earlier in 2025…

BP Confirms Oil and Gas Find in Rhino-Operated License off Namibia

Oct 20, 2025

BP on Monday confirmed an oil and gas discovery in Namibia’s Orange basin as reported by African energy explorer and operator Rhino Resources earlier this month.Petroleum Exploration License 85, where the well was drilled, is operated by Rhino Resources with a working interest of 42…

McDermott Wraps Work at TotalEnergies’ Begonia Field off Angola

Oct 17, 2025

U.S. based engineering and construction firm McDermott has completed its activities for TotalEnergies' Begonia field development, offshore Angola.Under the engineering, procurement, construction, installation, pre-commissioning and commissioning contract…

Petrofac Targets November-End to Complete Restructuring Process

Oct 17, 2025

Oilfield services provider Petrofac said on Friday its ongoing restructuring would leave existing shareholders with no residual value, as it moves to complete the process by November-end.Petrofac is restructuring its finances under pressure from rising costs and delayed payments…

Colombia’s Largest Offshore Gas Discovery Nears Contracting Phase

Oct 17, 2025

Colombia's Sirius project, developed off its Caribbean coast by state oil firm Ecopetrol and Brazil's Petrobras, has completed nearly half of consultations with local communities that could be affected by the development, Petrobras' Colombia chief Alcindo Moritz said on Thursday…

NextDecade Makes FID for fifth Liquefaction Plant at Texas’ Rio Grande LNG

Oct 17, 2025

U.S. liquefied natural gas producer NextDecade said on Thursday it had reached a positive final investment decision (FID) on the fifth liquefaction plant, known as a train, of its Rio Grande export project in Texas.Shares of the company rose over 4%in extended trading…

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