Energy major BP will become the operator of a large offshore natural gas production project in Azerbaijan - the Babek gas field - three industry sources told Reuters on Wednesday.BP already has significant exposure to oil and gas production in the South Caucasus country, whose energy reserves became more significant for Europe after it decided to cut its dependence on Russia, once a major supplier of commodities to the continent…
SLB and Vår Energi have expanded their digital collaboration to scale well planning and integrated field development planning across operations on the Norwegian Continental Shelf.The agreement expands deployment of SLB’s Delfi digital platform…
DeepOcean has been awarded a subsea contract package by Equinor covering multiple fields on the Norwegian continental shelf, including projects in the North Sea and Barents Sea, with offshore work planned across the 2027-28 seasons.The contract…
Offshore seismic services firm Shearwater Geoservices has secured an ocean bottom node (OBN) seismic acquisition project for the Jackdaw field in the UK sector of the North Sea by Adura.The two-month survey will deliver high-resolution OBN data…
Inpex has agreed to acquire a 10.67% participating interest in the Browse joint venture offshore Western Australia from PetroChina International Investment (Australia) – CNPC.The Japanese energy company said subsidiary Inpex Mirai Upstream signed…
Oil major BP is considering selling some of its natural gas assets in Egypt, four people close to the matter told Reuters, as new CEO Meg O'Neill restructures the group to cut debt and refocus on more profitable projects.BP has invested more than $35 billion in Egypt over six decades…
ABL Energy & Marine Consultants Brasil has been appointed marine warranty surveyor (MWS) for Subsea7’s transportation and installation campaign covering SURF infrastructure for the Mero 3 and Mero 4 offshore developments in Brazil’s Santos Basin…
Offshore services company OEG has secured a long-term multi-million-dollar contract extension with a global operator to support offshore drilling operations in Australia’s Bass Strait through the expected end of field life in 2036.The agreement…
Equinor-operated Gullfaks field in the North Sea has delivered its 5,000th oil cargo, underscoring the continued role of mature Norwegian offshore fields in supplying energy to Europe.Production at Gullfaks began in 1986 and the field has since produced around 2…
Norway’s Ministry of Energy has approved the plans for development and operation (PDO) for the Previously Produced Fields (PPF) project in the Greater Ekofisk Area, paving the way for the redevelopment of three previously producing offshore fields…
Amplitude Energy, formerly Cooper Energy, has received production license VIC/L37 for the Annie offshore gas field in Australia’s Otway Basin, with first gas targeted in 2028.The Annie field was discovered in 2019 and is expected to supply gas to Australia’s east coast domestic market…
Perenco has completed a five-well drilling campaign at Tchibouela East field offshore the Republic of Congo, resulting in an additional 6,000 barrels of oil per day of production.The campaign, which concluded at the end of 2025, included horizontal…
Chevron said on Tuesday it would search for oil and gas south of Malta, which lies between producing Mediterranean nations Libya, Italy and Tunisia but has not got any production itself yet.Exploration studies will be based on existing data rather than newly drilled wells…
Mellitah Oil and Gas has completed fabrication and assembly works for equipment linked to the Bouri Gas Utilization Project ahead of schedule, with overall progress reaching 69% versus a planned target of 62%.The project, aimed at developing the offshore Bouri field…
Petrobras has confirmed that Brazil’s oil regulator approved production individualization agreements for the Sururu and Berbigão shared reservoirs in the Santos Basin, with the agreements taking effect on May 1.Petrobras was notified by the National Agency of Petroleum…
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