Norwegian oil and gas firm OKEA has made oil discovery in the Talisker exploration well at the Brage field in the North Sea.The discoveries were made in the production license PL 055, operated by OKEA with 35.2% working interest, with partners Lime Petroleum 33…
The Búzios field, operated by Petrobras, broke its record and surpassed daily production of 900,000 barrels of oil last weekend.Located in the pre-salt layer of the Santos Basin, about 180 kilometers off the coast of Rio de Janeiro, Búzios was…
Petrobras is worried about an upcoming change in Brazil's reference oil price that determines some taxes and royalties drillers pay, as it could weaken the economic viability of projects in offshore post-salt fields and in its onshore business…
Lime Petroleum AS announced that for the full month of July 2025, production at the Brage and Yme Fields combined, net to LPA, was 11,941 barrels of oil equivalent per day (boepd).Brage Field: LPA holds a 33.8434 per cent interest in the Brage Field…
Equinor’s Johan Castberg field, Norway's northernmost oil field in Barents Sea that came on stream earlier in 2025, was officially opened by the country’s top officials.Johan Castberg field will produce for at least 30 years, delivering 220…
Akrake Petroleum Benin, Rex International's indirect subsidiary, has spudded the first well in the Sèmè Field in Block 1 offshore Benin, using the Borr Drilling’s Gerd jack-up drilling rig.The drilling is part of a 100-day three-well work program to redevelop the Sèmè field…
Brazil’s state-controlled oil company Petrobras has finalized the sale of its full interest in the Cherne and Bagre offshore fields to Perenco Petróleo e Gás do Brasil, a subsidiary of oil and gas company Perenco.The two fields, located in shallow…
British gas producer Energean has taken the final decision to invest in the Irena gas field in the North Adriatic Sea off Croatia, it said on Wednesday.The gas field is located in the Izabela concession, an offshore gas development area in the North Adriatic Sea…
U.K.-based oil and gas firm Serica Energy has revised its production outlook for 2025, following the delays with the ramp-up to steady production from the Triton floating production, storage and offloading (FPSO) unit, which was restarted earlier in July…
China's state-owned oil and gas firm China National Offshore Oil Corporation (CNOOC) has started production at a new gas field, located in the Yinggehai Basin, offshore China.The dongfang 1-1 gas field 13-3 Block development project is the first high-temperature…
Brazilian oil and gas firm PRIO has secured a preliminary license from the Brazilian Institute of the Environment and Natural Renewable Resources (Ibama) for the Wahoo field production development system and interconnection of the new wells to the Frade floating production…
Equinor has selected CHC Helicopter, a crew transportation and search and rescue operations specialist, for a three-year contract to support its Mariner and Rosebank fields in the North Sea.CHC will provide sole-use S92 support for Rosebank for three years…
U.K.-based oil firm EnQuest has been awarded a Production Sharing Contract (PSC) for Block C, offshore Brunei, by the Petroleum Authority of Brunei Darussalam (PABD).EnQuest EP BV, a subsidiary of EnQuest, will initially be the sole operator of the PSA with the intention to subsequently…
U.K.-based oil firm EnQuest has completed the acquisition of Harbour Energy’s business in Vietnam, which holds a 53.125% equity interest in, and operatorship of, the Chim Sáo and Dua production fields.The completion of the acquisition has confirmed EnQuest as operator of the fields in Block 12W…
Equinor and its partners have made a gas discovery in the Skred prospect, located near the Johan Castberg field in the Barents Sea, off Norway.The 7220/5-4well was drilled about 23 kilometers north of discovery well 7220/8-1 on the Johan Castberg…
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