Oil And Gas News

 

Second Gas Discovery Confirmed at ConcoPhillips’s Otway Basin Well off Australia

Jan 14, 2026

Gas has been confirmed at the Charlemont-1 exploration well offshore Victoria, operated by ConocoPhillips, following the successful recovery of a gas sample that validates the Charlemont Trend in Australia’s Otway Basin.Australia’s 3D Energi…

ABS and AMOG to Advance Offshore Mooring Digital Twin Technology

Jan 13, 2026

ABS and AMOG Consulting have signed a memorandum of understanding (MOU) to collaborate on an offshore mooring digital twin.The agreement combines AMOG’s monitoring technology with ABS’ classification and certification capabilities to deliver…

Petrobras Boosts Tupi Field Production

Jan 13, 2026

Brazil's state-run oil firm Petrobras has been producing 1 million barrels of oil per day at its offshore Tupi field since Friday, CEO Magda Chambriard told Reuters on Tuesday.The milestone is the result of an effort by Petrobras to boost production in the declining oil field…

Equinor Revising Plans for World's Northernmost Oilfield

Jan 13, 2026

Norway's Equinor aims to settle the technical plans this year for developing the Wisting undersea oil discovery in the Arctic after significantly reducing its costs, a senior company executive told Reuters on Tuesday.Equinor and its partners put development of Wisting…

Venezuela Reopens Wells as Exports Resume

Jan 13, 2026

Venezuela's state oil company has begun reopening some of the wells it and its joint venture partners had shut amid a strict U.S. embargo, as crude exports resume with two shipments departed on Monday, three sources close to operations said…

Survitec’s Hansen Protection Inks Offshore Safety Deal with Lufttransport

Jan 13, 2026

Hansen Protection, part of Survitec, has secured a multi-year contract to supply life-protection equipment to offshore helicopter operator Lufttransport, as activity expands across Norway’s offshore energy sector.The agreement, initially set for three years with an option to extend…

Norway Awards 57 New Oil And Gas Licenses to 19 Companies

Jan 13, 2026

Norway has offered ownership interests in 57 new oil and gas production licenses to 19 companies in its latest annual awards in pre-defined areas (APA) licensing round.Of the 57 licenses, 31 are located in the North Sea, 21 in the Norwegian Sea and five in the Barents Sea…

Saipem Hires EnerMech for Whiptail Subsea Job Offshore Guyana

Jan 13, 2026

Energy services firm EnerMech has secured a subsea pre-commissioning services contract by Saipem for the Whiptail development, offshore Guyana in the Stabroek Block, operated by ExxonMobil Guyana.The contract award marks EnerMech’s first project…

Viridien Gets On Board Integrated Multi-Client Data Project off Malta

Jan 13, 2026

Viridien has signed an agreement with the Government of Malta to invest in an integrated multi-client dataset for the country’s offshore area.By revitalizing existing seismic and well data, this project will advance the understanding and promotion…

KOIL Energy to Deliver Subsea Distribution System for US Oil Firm

Jan 13, 2026

U.S subsea equipment and services provider for oil and gas sector KOIL Energy has secured a contract to supply a subsea distribution system for a deepwater project in the Gulf of America.KOIL Energy will manufacture the subsea umbilical termination assemblies (SUTAs)…

Woodside’s Scarborough FPU Arrives to Western Australia Offshore Field

Jan 13, 2026

The floating production unit (FPU) for Woodside Energy’s Scarborough gas project has arrived at the Scarborough field offshore Western Australia, marking a major milestone for the development as it moves into the hook-up and commissioning phase ahead of first gas production…

Supertankers Resume Venezuelan Oil Exports After Standstill

Jan 13, 2026

At least two supertankers, not under sanctions, were departing Venezuelan waters on Monday carrying crude, according to monitoring service Tankertrackers.com and shipping records from state-run company PDVSA seen by Reuters.Venezuela's oil exports…

Thailand's Gulf Energy Eyes Long-Term LNG Supply

Jan 13, 2026

Thailand's Gulf Energy has issued a tender seeking four to six cargoes a year of liquefied natural gas (LNG) over a 10-year period, said two industry sources on Tuesday.It is seeking the cargoes for delivery from 2028, in a tender that closes on January 19…

Delfin LNG Project Moves Closer to FID as SHI Gets Extension

Jan 12, 2026

Delfin Midstream has extended a letter of award with Samsung Heavy Industries (SHI) and placed orders for critical liquefaction equipment, as the company moves toward a final investment decision on the first floating LNG vessel for its Delfin LNG project…

Norway to Outline Long-Term Oil and Gas Strategy Next Year

Jan 12, 2026

Norway's government said on Mondayit will present a policy document to parliament next year on the future of the oil and gas industry, including companies' access to exploration acreage.'The oil and gas industry is crucially important for Norway…

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