Oil And Gas News

 

ADNOC Gas Signs $3B LNG Supply Deal with India’s HPCL

Jan 20, 2026

ADNOC Gas has signed a long-term liquefied natural gas (LNG) supply agreement worth between $2.5 billion and $3 billion with India’s Hindustan Petroleum Corporation Limited (HPCL).The 10-year sales and purchase agreement covers the supply of 0…

Murphy Oil's Drilling Ops in Africa Yield Non-Commercial Hydrocarbons Find

Jan 20, 2026

Oil and gas firm Murphy Oil has found non-commercial hydrocarbons in a well offshore Côte d’Ivoire in Africa.The Civette-1X well reached a total depth of 13,950 feet (4,252 meters) and encountered non-commercial hydrocarbons across multiple intervals…

Equinor and ORLEN Find Gas, Condensate in North Sea

Jan 20, 2026

Equinor and its partner ORLEN have discovered gas and condensate in an exploration well drilled in the North Sea.The find was made in the Sissel prospect in production license 1137, operated by Equinor with 50% working interest, while its partner ORLEN holds the remaining 50%…

ARO Drilling to Roll Out ALTAVE’s AI Monitoring Tool on Nine Jack-Up Rigs

Jan 19, 2026

ARO Drilling, a joint venture between Valaris and Aramco, has signed a multi-year contract with ALTAVE to deploy artificial intelligence (AI)-based video monitoring solution across its fleet of nine offshore jack-up rigs operating in Saudi Arabia…

Samos Energy Buys Suksan Salamander FSO from Altera Infrastructure

Jan 19, 2026

Energy assets investment firm Samos Energy has signed an agreement to acquire the Suksan Salamander floating storage and offloading (FSO) unit from Altera Infrastructure, expanding its offshore asset portfolio in Southeast Asia.The Suksan Salamander…

Saipem Launches Drilling Training Center with Full-Scale Simulator

Jan 19, 2026

Saipem has launched a new Drilling Training Centre featuring a full-scale simulator designed to provide immersive, hands-on training for drilling personnel.The center is accredited by the International Well Control Forum, a global body for well control competency certification…

MODEC Hires DOF for Mooring Job at ExxonMobil’s Oil Project off Guyana

Jan 19, 2026

DOF Group has secured a large turn-key contract by MODEC Guyana to carry out mooring pre-lay work for the Hammerhead floating production, storage and offloading vessel (FPSO) unit, set for deployment at ExxonMobil’s project offshore Guyana.Under the contract…

Equinor Finds Oil in Norwegian Sea

Jan 19, 2026

Equinor and its partners have proven oil in a wildcat well in the Norwegian Sea, drilled by COSL's COSL Innovator semi-submersible drilling rig.The wildcat well 6507/8-12 S, in production license 124 B, tested the ‘Othello South’ prospect, 4…

Philippines Makes First Offshore Gas Discovery in Over a Decade

Jan 19, 2026

The Philippines has made its first natural gas discovery in more than a decade after gas and condensate were found at a well near the Malampaya gas field off the island of Palawan, President Ferdinand ‘Bongbong’ Marcos Jr. announced.The well…

Kazakhstan’s Chevron-led Tengiz Field Halts Production after Fire

Jan 19, 2026

Kazakh oil producer Tengizchevroil, led by Chevron, said on Monday that it had temporarily halted production at the Tengiz and Korolev oilfields after an issue affected power distribution systems.The statement came a day after Kazakhstan's state…

RWE Secures Long-Term LNG Supply from Texas LNG Project

Jan 16, 2026

RWE Supply & Trading has signed a 20-year sales and purchase agreement with Texas LNG Brownsville, part of Glenfarne Group, for the supply of liquefied natural gas (LNG) from the United States.Under the agreement, RWE will purchase one million tonnes of LNG per year…

Brava Energia to Buy Petronas Stake in Campos Basin Assets for $450M

Jan 16, 2026

Brazil’s Brava Energia has signed an agreement to acquire Petronas’ 50% equity interest in the Tartaruga Verde field and in Module III of the Espadarte field in the Campos Basin, in a transaction valued at $450 million.The assets are located…

TotalEnergies, BluEnergies Agree Joint Study on Liberia Deepwater Play

Jan 16, 2026

TotalEnergies has entered into a joint study and application agreement with Canada’s BluEnergies to assess the hydrocarbon prospectivity of the Harper Basin fan play offshore Liberia.Under the agreement, BluEnergies and the Liberian upstream…

Eni Launches Hull for Coral North FLNG Offshore Mozambique

Jan 16, 2026

Eni and its partners have launched the hull of the Coral North floating liquefied natural gas (FLNG) vessel, marking a key milestone in the development of Mozambique’s offshore gas resources.Coral North will be the second floating LNG facility…

Norway Grants Permit for Equinor’s Drilling Op in North Sea

Jan 16, 2026

The Norwegian Offshore Directorate (NOD) has granted Equinor a drilling permit for wildcat well in the North Sea.The permit is for a wellbore 34/8-A-37 H in production license 120, which is operated by Equinor with 53.2% working interest.The partners in the license include Petoro with 30% stake…

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