Vietsovpetro, the Vietnamese-Russian joint venture, has started commercial oil production from its BK-24 wellhead platform at the Bach Ho (White Tiger) oil field, more than two months ahead of schedule.On October 11, 2025, Vietsovpetro achieved…
Equinor and its partners has started production from the large Bacalhau field in Brazil, whose recoverable reserves exceed 1 billion barrels of oil equivalent (boe).Bacalhau is located in the pre-salt region of Brazil's Santos Basin in ultra-deep water of over 2…
Energean Italy, a subsidiary of London-based Energean, has restarted production at the Rospo Mare field in the Adriatic Sea.The Rospo Mare field, which was shut down since January 2025, has restarted production on October 12, 2025, with full…
Liquefied natural gas company MidOcean, backed by EIG and Saudi Aramco, has agreed to buy a fifth of the Petronas venture that holds a 25% stake in Shell-led LNG Canada, MidOcean said on Tuesday.The deal also includes a fifth of Malaysian state…
Free webinar on October 16 at 11 AM EST — see how one port saved more than $1 million in a single year. Caption text (optional) --Ports nationwide are confronting grid instability and rising energy costs. Propane’s on-site, scalable power can…
Mozambique President Daniel Chapo said on Thursday that the conditions have been met for French energy company TotalEnergies to lift force majeure on its $20 billion liquefied natural gas (LNG) project in the Southern African country.TotalEnergies…
The consortium of Repsol, LLOG Exploration Offshore, and O.G. Oil & Gas (OG) has achieved first oil at the deepwater Leon-Castile fields, forming Salamanca development project, through a refurbished floating production unit (FPU), offshore Louisiana…
Serica Energy has agreed to acquire Prax Upstream, expanding its portfolio of U.K. North Sea oil and gas assets and boosting its reserves, resources and production base.Serica Energy signed a sale and purchase agreement to acquire 100% of the…
ExxonMobil has made a final investment decision for the Hammerhead development offshore Guyana, after receiving the required regulatory approvals. Hammerhead, the seventh project on the Stabroek block, is anticipated to come online in 2029.The…
U.S. energy firms this week added oil and natural gas rigs for a third week in a row for the first time since February, energy services firm Baker Hughes said in its closely followed report on Friday.The oil and gas rig count, an early indicator of future output…
Australia gave final approval on Friday for Woodside to operate the country's oldest and second-largest liquefied natural gas plant until 2070, while imposing 48 'strict' new rules in a bid to limit its environmental impact.The decision to extend…
OneSubsea, a joint venture formed by SLB, Aker Solutions and Subsea7, has named Innovex as its exclusive manufacturer and supplier of wellhead systems.Under the terms of the agreement, OneSubsea will transition its subsea wellhead supply strategy…
Norwegian oil and gas company Vår Energi has informed that the Jotun floating production, storage and offloading (FPSO) unit, deployed at the Balder field in the North Sea, reached peak production ahead of schedule.The Jotun FPSO is now producing…
Subsea software-as-a-service provider Elementz Digital has announced a new accelerator program for subsea AI development.The program is backed by Elementz Digital’s strategic advisory board which was formed in May this year and includes representatives…
There are early signs that some Asian countries are stepping up their imports of U.S. liquefied natural gas (LNG) as part of trade deals with President Donald Trump.Asia's imports of the super-chilled fuel are on track to hit an eight-month high of 2…
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