ConocoPhillips Skandinavia, and its partners Vår Energi, Orlen Upstream Norway, and Petoro, have made a final investment decision (FID) for the joint redevelopment of an oil and gas project in the Greater Ekofisk Area, offshore Norway.The FID is for the Previously Produced Fields (PPF) Project, with plans for the development and operation (PDOs) to be submitted to the Norwegian Ministry of Energy in the first quarter of 2026…
North Sea-focussed oil producer EnQuest said on Wednesday it expects to meet or exceed the upper end of its 2025 output forecast of 40,000–45,000 barrels of oil equivalent per day (boepd) as it steps up expansion in Southeast Asia.The company…
Safety technology firm Dräger UK has won a six-figure contract with a major North Sea operator for the supply of advanced gas detection and monitoring solutions.Due to be rolled out across an offshore oil and gas asset next year, the deal marks…
The Australian government on Thursday released its first package of offshore oil and gas acreage for bidding since 2022.All five areas are in the Otway Basin offshore Victoria state in Commonwealth waters and come a day after the Victorian government…
Ukrainian drones struck an oil rig belonging to Russia in the Caspian sea for the first time, halting the facility's extraction of oil and gas, a source in Ukraine's SBU security service told Reuters on Thursday.The source said SBU drones hit the Filanovsky oil rig…
BP has delivered first oil from the Atlantis Drill Center 1 expansion project in the U.S. Gulf of America, two months ahead of plan.The project is expected to add 15,000 barrels of oil equivalent per day (boe/d) gross peak annualized average production at the existing Atlantis platform…
BP, Chevron and Shell were among the top bidders on Wednesday at the U.S. government's first sale of oil and gas drilling rights in the Gulf of Mexico since 2023.The auction, which ended with $279.4 million in high bids, was the first of 30 mandated by U…
Shell is in advanced discussions to buy LLOG Exploration offshore in a deal valued at more than $3 billion. This would increase the oil major's portfolio of upstream oil and gas producers by acquiring one of the biggest privately owned oil and natural gas producers in the U…
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…
TotalEnergies has agreed to merge its U.K. upstream operations with NEO NEXT Energy in a transaction that will create NEO NEXT+, expected to become the largest independent oil and gas producer in the United Kingdom.Under the deal, TotalEnergies will hold a 47…
The Australian unit of U.S. oil giant Chevron said on Friday that the partners of the Gorgon Joint Venture have approved the A$3 billion ($1.98 billion) Gorgon Stage 3 development off Western Australia's northwest coast.The development will…
Great British Energy, a state-owned energy company, unveiled a five-year strategic plan on Thursday aimed at accelerating the country’s transition to renewable power to help meet its climate targets.Britain is seeking to largely decarbonize its power sector by 2030…
Syrian President Ahmed al-Sharaa met delegations from U.S. oil major Chevron and the Syrian Petroleum Company to discuss cooperation in oil and gas exploration fields on Syrian shores, the Syrian state news agency said on Tuesday.The state news…
ABS issued approval in principle (AIP) to Hanwha Ocean Co. Ltd. for remote control functions for FPSO units.ABS completed design reviews based on the ABS Requirements for Autonomous and Remote-Control Functions.The project is part of the Offshore…
Shell U.K. Limited, a subsidiary of Shell and Equinor UK Limited, a subsidiary of Equinor, completed a deal to combine their UK offshore oil and gas operations to form a new company, described as the largest independent producer in the UK North Sea…
Subscribe
