Oriental Energy Resources News

 

Equinor’s First Hybrid Power Complex Starts Operations

Dec 08, 2025

Equinor and its Brazilian subsidiary Rio Energy have started commercial power production at the Serra da Babilônia Solar facility in Brazil. Strategically co-located with the existing Serra da Babilônia Wind, this represents the first hybrid asset in Equinor’s power portfolio…

Chevron Eyes New Nigeria Oil Blocks Aiming for Late-2026 Rig Arrival

Dec 08, 2025

Chevron said on Friday it will participate in Nigeria’s next oil licensing round and plans to deploy a drilling rig in late 2026 as it seeks to expand operations in Africa’s top energy producer.Jim Swartz, chairman and managing director of Chevron Nigeria/Mid-Africa Business Unit…

Harbour Energy to Sell Stakes in Indonesian Assets to Prime Group for $215M

Dec 08, 2025

Harbour Energy has agreed to sell its operated interests in the Natuna Sea Block A field and the Tuna development project in Indonesia to Prime Group for $215 million in cash, as the U.K.-listed producer continues to streamline its portfolio…

Vår Energi Makes Oil Find Near Goliat Field in Barents Sea

Dec 04, 2025

Vår Energi has confirmed an oil discovery in the Goliat North exploration well, located close to its operated Goliat field in the Barents Sea.  The exploration well located five kilometers north of the Goliat field encountered hydrocarbons in the Realgrunnen and Kobbe formations…

Finder Energy Buys Petrojarl I FPSO for Timor-Leste Oil and Gas Projects

Dec 04, 2025

Finder Energy has agreed to acquire the Petrojarl I floating production, storage and offloading (FPSO) vessel from Amplus Energy for $15 million in cash and shares, in a move the company said will accelerate development of its Kuda Tasi and Jahal (KTJ) oil fields project…

CNOOC Puts New South China Sea Development Into Production Mode

Dec 03, 2025

China's state-owned oil and gas firm China National Offshore Oil Corporation (CNOOC) has started production from the Weizhou 11-4 oilfield adjustment and satellite fields development project in South China Sea.The project is located in the Beibu Gulf Basin…

Europe’s Drilling Revival Tests US Energy Pledges and Import Boom

Dec 01, 2025

European countries are loosening their strict opposition to new oil and gas drilling, reversing years of climate-driven resistance to fossil fuels as governments seek to reduce a heavy reliance on costly energy imports, including from the U…

Mubadala Energy, PLN Energy Primer Team Up for Andaman Sea Gas Supply

Dec 01, 2025

Mubadala Energy and PLN Energi Primer Indonesia (PLN EPI) have signed a heads of agreement to supply gas from the Andaman Sea as part of efforts to strengthen Indonesia’s energy security.The agreement establishes a framework for supplying cleaner…

UK North Sea Decommissioning Set for Sharp Rise Through 2034

Nov 26, 2025

Decommissioning activity on the UK Continental Shelf (UKCS) continues to grow as operators expand campaign-based approaches and rely on advanced planning and supply chain collaboration to manage rising costs and workloads, according to the latest report from Offshore Energies UK (OEUK)…

Greater Sunrise Moves to Next Phase with Timor-Leste, Woodside Deal

Nov 25, 2025

Timor-Leste’s Ministry of Petroleum and Mineral Resources and Woodside Energy have signed a cooperation agreement to advance studies for a Timor-based liquefied natural gas (LNG) development concept for the long-stalled Greater Sunrise fields…

Drydocks World Converts Tanker to FPSO Ahead of Deployment off Nigeria

Nov 25, 2025

Drydocks World has completed the full conversion and integration of the EMEM Floating production storage and offloading (FPSO) unit, delivering a key offshore asset to support production at Nigeria’s Okwok field.The FPSO, converted from double-hulled tanker…

ADNOC Outlines $150B Spending Plan as Reserves Increase

Nov 24, 2025

Abu Dhabi state oil company ADNOC plans $150 billion of investment between 2026 and 2030, it said on Monday, seeking to maintain existing operations, drive growth and meet global energy demand.During a meeting on Monday, the board of directors…

UK Regulator Grants Multi-Year Extension for Pilot Oil Field License

Nov 24, 2025

The UK North Sea Transition Authority (NSTA) has approved a three-year extension to the second term of License P2244, which contains the Pilot oil field, pushing the expiry date to December 2028.Orcadian Energy holds an 18.75% carried interest in the license…

Equinor Signs 10-Year Gas Supply Deal

Nov 21, 2025

Equinor and the Capital City of Prague’s gas and electricity company Pražská plynárenská have signed a long-term agreement for ten years of gas supplies into the Czech Republic.Deliveries have started and will last until 2035, Equinor said.Equinor’s…

DNO Enlists AGR to Assess North Sea Reserves and Resources

Nov 20, 2025

Oil and gas firm DNO Norge has hired AGR, part of ABL Group, to carry out an independent evaluation of reserves and resources for the oil and gas operator’s asset portfolio.AGR will provide DNO Norge, which is the Norwegian operation of Oslo-listed DNO…

Current News

Libya Awards First Oil Blocks Since 2007 to Chevron, Eni

Libya Awards First Oil Blocks

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TGS Embarks on Multi-Client 2D

Orbital Marine Grows UK and Canada Tidal Energy Orderbook to 32MW

Orbital Marine Grows UK and Ca

SIT, Seatrium Launch Offshore and Marine Digital Learning Lab

SIT, Seatrium Launch Offshore

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