Oil And Gas News


BOTAS Inks 10-Year LNG Supply Deals with SEFE and Eni

Dec 03, 2025

Turkey's state energy company BOTAS has signed two separate 10-year LNG supply agreements with Germany's state-owned SEFE and Italy's Eni on the margins of the World LNG Summit in Istanbul, the company said on Wednesday.Under the BOTAS–SEFE deal…

NSTA Names 13 Operators Falling Behind Decom Obligations in North Sea

Dec 03, 2025

The North Sea Transition Authority (NSTA) has named 13 operators that have fallen behind on their decommissioning obligations for inactive wells, releasing its first public table on North Sea decommissioning arrears.The table lists companies…

PetroNor E&P Withdraws from Gambian Offshore Block after License Expiry

Dec 03, 2025

PetroNor E&P has set out plans to withdraw from its exploration license for Block A4 offshore Gambia after the initial exploration phase expired in mid-November.The company said it had been in discussions with the Gambian government on future…

CNOOC Puts New South China Sea Development Into Production Mode

Dec 03, 2025

China's state-owned oil and gas firm China National Offshore Oil Corporation (CNOOC) has started production from the Weizhou 11-4 oilfield adjustment and satellite fields development project in South China Sea.The project is located in the Beibu Gulf Basin…

Syria, Chevron Start Talks on Oil and Gas Exploration

Dec 03, 2025

Syrian President Ahmed al-Sharaa met delegations from U.S. oil major Chevron and the Syrian Petroleum Company to discuss cooperation in oil and gas exploration fields on Syrian shores, the Syrian state news agency said on Tuesday.The state news…

EU Moves to Ban Russian Gas Imports by 2027

Dec 03, 2025

The European Council said on Wednesday it reached an agreement with the European Parliament on phasing out Russian gas imports by 2027 as part of an effort to end dependency on Russian energy.The agreement will include a legally binding, stepwise…

ABS Approves FPSO Remote Control Functions from Hanwha Ocean

Dec 02, 2025

ABS issued approval in principle (AIP) to Hanwha Ocean Co. Ltd. for remote control functions for FPSO units.ABS completed design reviews based on the ABS Requirements for Autonomous and Remote-Control Functions.The project is part of the Offshore…

Oil Majors Oppose Subsea7-Saipem Merger in Brazil

Dec 02, 2025

Oil majors operating in Brazil have closed ranks to oppose a proposed merger between energy contractors Subsea7 and Saipem, and antitrust agency Cade has asked the two firms to provide its probe with new data on Friday, public documents seen by Reuters show…

Eni Starts Up Phase 2 of Congo LNG Ahead of Schedule

Dec 02, 2025

Eni has started up Phase 2 of its Congo LNG project ahead of schedule, following the arrival of the Nguya floating liquefied natural gas (FLNG) unit into Congolese waters and the introduction of gas into the new infrastructure.Eni said it expects the first LNG cargo to be exported in early 2026…

Petrobras Signs Up Acteon for Mooring Asset Integrity Services

Dec 02, 2025

Intermoor, Acteon’s Moorings and Anchors business line, has been awarded a three-year contract by Petrobras, to provide mooring asset integrity services.With work due to commence in December 2025, Intermoor will deliver comprehensive quality…

ABL, PMS Set Up Rig Moving Partnership for Red Sea and Gulf of Suez

Dec 02, 2025

Global energy and marine consultancy ABL has partnered up with Egypt’s Petroleum Marine Services (PMS) to introduce a unified rig moving service in the Red Sea and Gulf of Suez, with the support of the Egyptian General Petroleum Corporation (EGPC)…

Semco Maritime to Work on Floatel Endurance Rig Optimization

Dec 02, 2025

Floatel International has selected Semco Maritime’s Hanøytangen facility outside Bergen in Norway, to perform a series of modifications and service works on the Floatel Endurance rig ahead of an upcoming contract on the Norwegian Continental Shelf…

Harbour Energy Set to Cut 100 Offshore Jobs

Dec 02, 2025

Harbour Energy, a North Sea-focused producer, said on Monday it expected to cut 100 offshore jobs as part of an organisational review of its UK business.Lower commodity prices and an uncompetitive tax regime have pressured the UK oil and gas sector…

TotalEnergies’ Mozambique LNG Loses $2.2B UK, Dutch Support

Dec 01, 2025

Britain and the Netherlands are withdrawing a combined $2.2 billion in support for the TotalEnergies-led Mozambique LNG project, they said separately on Monday, after both hired firms to probe human rights concerns surrounding the development…

Shell, Equinor Form ‘Largest’ Independent UK North Sea Oil and Gas Producer

Dec 01, 2025

Shell U.K. Limited, a subsidiary of Shell and Equinor UK Limited, a subsidiary of Equinor, completed a deal to combine their UK offshore oil and gas operations to form a new company, described as the largest independent producer in the UK North Sea…

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