Oil And Gas News

 

ExxonMobil Applies for Exploration Permit Offshore Guyana

Jun 16, 2026

U.S. oil and gas major Exxon Mobil has applied for environmental authorization for a 35-well exploration campaign in Stabroek block, some 120 miles (193 km) off Guyana's Atlantic coastline, according to environmental regulator EPA.The campaign is expected to run from 2028 through 2033…

Inpex Shuts LNG Train at Ichthys as Strike Disrupts Operations

Jun 16, 2026

Japan's Inpex has shut one of two liquefied natural gas production trains at its Ichthys plant in Australia due to a strike, two people with knowledge of the matter said on Tuesday.The closure of Australia's third-largest LNG plant is likely…

Vaalco Reports Strong Well Results off Gabon as Drilling Campaign Advances

Jun 15, 2026

Vaalco Energy has reported strong initial results from its ongoing drilling campaign offshore Gabon, highlighted by the successful completion and startup of the Ebouri-5H development well and the mobilization of the drilling rig to its next target…

New Discoveries Pave Way for Johan Sverdrup’s Next Phase

Jun 15, 2026

Equinor and its partners are advancing plans for a fourth development phase at the Johan Sverdrup field after appraisal drilling confirmed additional oil volumes in the area, supporting a new subsea tieback project aimed at sustaining production from Norway's largest oil-producing field…

BW Offshore's FPSO Marks Key Performance Milestone on Barossa LNG Project

Jun 15, 2026

BW Offshore has completed the Interim Performance Test (IPT) for the BW Opal floating production, storage and offloading (FPSO) vessel, marking a significant commissioning milestone for the Santos-operated Barossa LNG project offshore northern Australia…

Saipem Ships Giant Neptun Deep Jacket from Italy to Black Sea Project

Jun 15, 2026

Saipem has completed the load-out and departure of a giant jacket structure destined for the Neptun Deep gas development in the Romanian Black Sea, marking a major milestone for what is set to become the European Union's largest offshore natural gas project…

NextGeo Completes Trenching Work for Libya's Bouri Gas Project

Jun 15, 2026

Italian marine geoscience and offshore construction support services provider Next Geosolutions has completed post-lay trenching work for the Bouri Gas Utilisation Project (BGUP), marking an expansion of its offshore services offering.The project…

Woodside Denies Knowledge of Reported ExxonMobil Takeover Interest

Jun 15, 2026

Australia's Woodside Energy said on Monday it was not aware of any proposal involving U.S. major Exxon Mobil and was not engaged in discussions regarding a potential transaction, responding to recent media speculation.Woodside's shares fell 2…

Japan’s Shipping Industry Awaits Clarifications on Hormuz Reopening

Jun 15, 2026

Japanese shippers welcomed on Monday the U.S.-Iran peace agreement which will reopen the Strait of Hormuz but are awaiting more details of the deal and clearance of mines before allowing their ships to pass the chokepoint.According to the association…

Norway Oil Service Strike Begins as Wage Talks Split Unions

Jun 15, 2026

A group of oil service workers in Norway said on Monday they will go on strike as wage talks broke down, while a second labour union said it had reached agreement with the industry and would continue working.There was no immediate expectation that oil and gas output would be affected…

Oil Slumps as US-Iran Reach Initial Peace Deal to Reopen Strait of Hormuz

Jun 15, 2026

Oil prices slipped to a three-month low on Monday after U.S. President Donald Trump and Iran's deputy foreign minister said they had reached an initial deal to end the war and to resume traffic through the Strait of Hormuz.Brent crude futures LCOc1 fell $3…

JERA Takes Delivery of First LNG Cargo from Australia's Barossa Gas Project

Jun 12, 2026

JERA has received its first liquefied natural gas (LNG) cargo from the Barossa gas project in Australia, marking the start of LNG deliveries from the offshore development to Japan's largest power generation company.The cargo arrived aboard the…

KOIL Energy Secures Major Subsea Umbilical Services Contract

Jun 12, 2026

U.S.-based subsea equipment and services provider KOIL Energy has secured a major project award for subsea umbilical handling, spooling and storage services, a contract that will utilize both a newly acquired offshore carousel and an existing asset from its rental fleet…

ABB to Modernize Automation Systems on Buzzard Platform off UK

Jun 12, 2026

ABB has been awarded a contract to modernize automation and control systems on the Buzzard offshore platform in the UK North Sea, supporting continued safe and reliable operations at one of the country's largest oil fields.The platform, operated by CNOOC Petroleum Europe…

Petrobras' P-79 FPSO Completes First Oil Offloading at Búzios Field

Jun 12, 2026

Petrobras' P-79 floating production, storage and offloading (FPSO) unit has completed its first oil offloading after beginning operations at the Búzios field offshore Brazil, according to shipbuilder Hanwha Ocean.Hanwha Ocean, which carried out the engineering…

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