Talos Energy announced its operational and financial results for the three and 12 months ended December 31, 2025, with CEO Paul Goodfellow, saying: '2025 marked the start of our transformation – building the foundation for the future.'In June…
Saipem has released its preliminary results for the fourth quarter and financial year 2025, confirming, for the fourth consecutive year, the trajectory of growth and improvement in profitability together with a further acceleration in cash generation…
National oil company Kuwait Petroleum Corporation (KPC) has held early stage talks with a large group of potential investors over a $7 billion stake sale in its crude oil pipelines, three sources familiar with the matter said, following similar…
Technip Energies, in partnership with JGC and Samsung Heavy Industries, has secured a significant contract by Mozambique Rovuma Venture (MRV), an Eni-participated joint venture, to advance work on the Coral North floating liquefied natural gas (FLNG) project offshore Mozambique…
Africa-focused oil and gas company Vaalco Energy has achieved ‘solid initial results’ from its Gabon drilling campaign and confirmed its operatorship of the Kossipo field offshore Côte d’Ivoire, as it advances plans to grow production in both countries…
Indonesia's upstream oil and gas regulator SKK Migas expects Italy's Eni to reach its final investment decision next month for the development of the Geng North and Gendalo-Gendang gas projects, its head Djoko Siswanto told reporters.He said…
Saipem has been awarded an additional offshore contract (Contract Release Purchase Order or CRPO) in Saudi Arabia under its existing Long-Term Agreement with Aramco.Saipem’s scope of work includes the Engineering, Procurement, Construction and Installation (EPCI) of a 48inch trunkline…
Saipem has introduced an artificial intelligence (AI)-based predictive maintenance system onboard its ultra-deepwater drillship Saipem 12000, aiming to improve operational efficiency and offshore safety.The system uses real-time data and artificial…
Norway's combined oil and gas production exceeded an official forecast by 5.6% in January, the Norwegian Offshore Directorate (NOD) said on Friday.Norway is Europe's largest supplier of natural gas and a major producer of oil, but output varies…
Romanian state-owned gas producer Romgaz has sufficient funding lines to pay for its share of offshore project Neptun Deep for 2026, depending on whether it acquires an ailing state-owned fertilizer producer, its CEO said on Monday.Romgaz has…
North Sea-focussed oil producer EnQuest forecast lower annual production on Monday after storm damage to a third‑party platform led to a five-week outage at its Magnus field.Severe weather disrupted operations in the UK North Sea early in 2026…
Oil producer Capricorn Energy said on Monday it expects higher production in 2026 compared with last year, supported by the expansion of its Egypt operations.In May, the Scottish company and Egyptian General Petroleum Corporation (EGPC) agreed…
Oil production on the Norwegian continental shelf (NCS) in 2025 reached its highest level since 2009, according to the 2025 Resource Accounts, reported by Norwegian Offshore Directorate.The report showed high production of both liquids and gas…
Offshore Energies UK (OEUK) said on Thursday that recoverable gas reserves on the UK Continental Shelf (UKCS) amount to 456 billion cubic meters (bcm), more than double the 226 bcm production projection between 2025 and 2050 cited by the North Sea Transition Authority (NSTA)…
Japan’s largest exploration and production (E&P) firm Inpex has received environmental approval from the Indonesian government for its Abadi liquefied natural gas (LNG) project in the Masela Block, marking a key milestone as the development…
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