Condensate News

 

Rhino Resources Targets New Appraisal Wells and Flow Test off Namibia

Oct 24, 2025

African oil and gas company Rhino Resources plans to drill an appraisal well on a Namibian prospect next year and take a flow test on another as it races TotalEnergies to first oil in the southern African nation, its chief executive said.The appraisal well, potentially part of a block-wide program and subject to government approval, is planned for Capricornus where light oil was found and a flow rate of 11…

Rhino Resources Appraisal Wells in Namibia

Oct 24, 2025

African oil and gas company Rhino Resources plans to drill an appraisal well on a Namibian prospect next year and take a flow test on another as it races TotalEnergies to first oil in the southern African nation, its chief executive said.The appraisal well…

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…

Shell and Sunlink Give Go-Ahead for LNG Project Offshore Nigeria

Oct 14, 2025

Shell Nigeria Exploration and Production Company (SNEPCo), a subsidiary of Shell, and Sunlink Energies and Resources have taken a final investment decision (FID) on the HI gas project offshore Nigeria.When completed, the project will supply…

Kuwait Makes Third Offshore Oil Discovery

Oct 13, 2025

Kuwait Oil Company said on Monday it made its third offshore discovery with production capacity of more than 29 million cubic feet per day of natural gas, in a boost to the power-squeezed, desert nation's efforts to ramp up output.The Jazza field…

Serica Inks $232M Deal for BP’s UK Assets, Including Culzean Field Stake

Oct 13, 2025

Serica Energy has signed an agreement to acquire the entirety of BP’s stake in the P111, which contains the Culzean gas field, and P2544 licenses in the U.K. Central North Sea, in a deal valued at $232 million, marking a major expansion of its gas portfolio…

Europa Oil & Gas Eyes 2026 Drilling with PSC Extension in Equatorial Guinea

Oct 06, 2025

Europa Oil & Gas has received a one-year extension from the Minister of Hydrocarbons and Mining Development for Equatorial Guinea for the initial two-year period of the EG-08 production sharing contract (PSC), with the plans for drilling of the Barracuda prospect set for 2026…

Shell’s Brazil-Bound FPSO Starts Taking Shape

Oct 06, 2025

MODEC has held a steel strike ceremony for the part of Gato do Mato floating production, storage and offloading (FPSO) unit, which will be deployed at Shell’s field offshore Brazil.The ceremony was held at the COSCO Qidong Shipyard, marking…

Rhino Resources Makes ‘High Liquid-Yield’ Gas Discovery off Namibia

Oct 02, 2025

Oil and gas firm Rhino Resources has made a gas condensate discovery off the coast of Namibia in a well spudded by Deepsea Mira semi-submersible drilling rig.The discovery was made as part of a drilling campaign in Block 2914A, in the Orange Basin…

Russia Targets 2028 for Sakhalin-3 Gas Project Start Up

Sep 25, 2025

Russia is expected to start natural gas production at the new Sakhalin-3 project in the Pacific Ocean in 2028 to supply gas to China and for domestic needs, Russian news agencies said on Thursday, citing the local governor.The governor, Valery Limarenko…

Norway's Oil and Gas Production Exceeds August Forecasts

Sep 23, 2025

Norway's combined oil and gas production exceeded an official forecast by 2.6% in August, the Norwegian Offshore Directorate (NOD) said on Tuesday.Norway is Europe's largest supplier of natural gas and a major producer of oil. Output varies…

First Gas Achieved on BW Opal FPSO

Sep 21, 2025

BW Offshore’s BW Opal FPSO has achieved First Gas on September 20, after successfully reaching Ready for Start-Up (RFSU) for the Santos operated Barossa LNG project on September 16, initiating 60% of the contractual dayrate under the charter…

Mexico's Pemex Signs Up Private Firms to Bolster Oil Output

Sep 03, 2025

Mexican state oil company Pemex signed its first mixed contracts with private sector partners in a bid to reverse declining hydrocarbon production, according to President Claudia Sheinbaum's government report delivered to Congress.The 11 deals…

Deepest-Ever Subsea Compression Systems Come Online Offshore Norway (Video)

Aug 29, 2025

Two SLB OneSubsea subsea compressor stations recently came online at Shell’s Ormen Lange field, the second largest gas field in Norway, setting the record for the deepest installation of such systems ever.The SLB OneSubsea subsea compressor stations…

Norway’s Oil and Gas Output Beat July Forecast

Aug 20, 2025

Norway's combined oil and gas production exceeded an official forecast by 3.9% in July, the Norwegian Offshore Directorate (NOD) said on Wednesday.Norway is Europe's largest supplier of natural gas and a major producer of oil, but output varies…

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