Norway's combined oil and gas production exceeded an official forecast by 2.6% in August, the Norwegian Offshore Directorate (NOD) said on Tuesday.Norway is Europe's largest supplier of natural gas and a major producer of oil. Output varies…
BW Offshore’s BW Opal FPSO has achieved First Gas on September 20, after successfully reaching Ready for Start-Up (RFSU) for the Santos operated Barossa LNG project on September 16, initiating 60% of the contractual dayrate under the charter…
The decline in output from mature global oil and gas fields is accelerating amid greater reliance on shale and deep offshore resources, the International Energy Agency said on Tuesday, meaning companies need to invest more just to keep output flat…
Eastern Mediterranean focused gas producer Energean secured $4 billion worth of new Israeli gas offtake contracts in the first half of the year, the group said on Thursday, bringing its contract pipeline to $20 billion over the next two decades…
British gas producer Energean cut its annual production forecast for the second time in nearly four months on Thursday, hurt by the temporary suspension of production in Israel in June.Production for 2025 is now expected at 145,000 to 155,000 barrels of oil equivalent per day (boepd)…
Britain's Serica Energy cut its 2025 production outlook on Wednesday, after a hit from a temporary slowdown in output at the Triton floating production storage and offloading vessel, sending its shares down nearly 14%.Serica said production…
Senegal has raised its 2025 oil output forecast for the Sangomar offshore field operated by Australia's Woodside Energy Group to 34.5 million barrels from 30.53 million, the energy ministry said on Monday.The Sangomar field started output in June 2024…
China's state-owned oil and gas firm China National Offshore Oil Corporation (CNOOC) has started production from the Wenchang 16-2 oil field development project in the northern part of South China Sea.The project is located in the western Pearl River Mouth Basin…
Chevron has signed a preliminary agreement with Angola's national oil and gas concessionaire ANPG to explore for oil in the country's offshore block 33/24, the U.S. oil major said on Wednesday.The risk services contract with Angola's National Oil…
Brazil's oil and gas production of oil equivalent per day (boed) in July, oil regulator ANP said on Monday, exceeding the key level of 5 million boed for the first time ever.Oil output reached 3.959 million barrels per day in the month, up 22…
Egypt's petroleum ministry said on Friday that two new wells in the deepwater West Delta have gone online, adding about 60 million cubic feet per day (mcfd) of natural gas to the country's output.Egypt seeks to boost gas production after increasingly turning to imports to meet domestic demand…
Norwegian oil and gas company Vår Energi has achieved a significant milestone by reaching a production level of 400 thousand barrels of oil equivalent per day (kboepd), ahead of schedule.The company said it is also on track to produce around 430 kboepd in the fourth quarter this year…
Drydocks World, a unit of DP World, a Dubai-owned ports and logistics company, has secured an engineering, procurement, and construction contract for the construction of what it said would be the world's largest floating liquefied natural gas facility off Mexico's west coast…
Jadestone Energy has reported that the Skua-11ST development well at the Montara field offshore Australia has delivered initial oil production rates significantly above expectations following successful flow testing.Production from Skua-11ST began in early August…
U.K.-based oil and gas firm Serica Energy has achieved first lifting of oil from the Triton floating production, storage and offloading (FPSO) unit in the North Sea since the resumption of production in July.Production continues to ramp up in line with the previously stated plan…
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