Production News

 

Perenco Brings Davy Gas Field in North Sea Back to Life

May 15, 2026

Perenco UK has restarted production from the Davy gas field in the Southern North Sea more than five years after the asset was shut in.The company said production from Davy wells A3 and A5 restarted in late April 2026 following a revival project that had initially been preceded by plans for decommissioning after several failed restart attempts in 2021.Perenco said combined production from both platforms…

ScioSense Launches UFC23 Ultrasonic Flow Converter for High-Precision, Ultra-Low-Power Smart Metering

May 15, 2026

The new UFC23 sensor combines improved resolution and offset stability with ultra-low standby current, enabling high-end battery-powered water, heat, gas and leak detection meter designs across a wide range of smart metering applications.ScioSense…

Norway O&G Revenue Forecast Jumps 30% for '26

May 12, 2026

Norway's government said it expects the state to earn 721.1 billion crowns ($78.71 billion) this year in revenue from oil and gas production, up from $60.7B initially forecast, as the Iran war pushes up energy prices.Norway produces around 4 million barrels of oil equivalent per day…

Equinor's Gullfaks Field Reaches 5,000 Oil Cargo Milestone in North Sea

May 12, 2026

Equinor-operated Gullfaks field in the North Sea has delivered its 5,000th oil cargo, underscoring the continued role of mature Norwegian offshore fields in supplying energy to Europe.Production at Gullfaks began in 1986 and the field has since produced around 2…

Equinor Receives Permission to Start Troll Production

May 11, 2026

Norway's petroleum safety regulator said on Monday it has given Equinor permission to start gas production from the latest development at the company's offshore Troll field, the North Sea's largest source of natural gas.The Troll Phase 3 stage…

Amplitude Energy Secures Production License for Annie Gas Field off Australia

May 07, 2026

Amplitude Energy, formerly Cooper Energy, has received production license VIC/L37 for the Annie offshore gas field in Australia’s Otway Basin, with first gas targeted in 2028.The Annie field was discovered in 2019 and is expected to supply gas to Australia’s east coast domestic market…

Eni Advances Giant Indonesia Gas Discovery after ‘Exceptional’ Well Test

May 07, 2026

Italy’s Eni has announced its Geliga-1 gas discovery offshore Indonesia delivered strong test results, supporting plans for accelerated development in the Kutei Basin.The company said a drill stem test at the Geliga-1 well flowed at rates of up to 60 million standard cubic feet per day of gas…

Congo Offshore Drilling Campaign Lifts Perenco's Production

May 06, 2026

Perenco has completed a five-well drilling campaign at Tchibouela East field offshore the Republic of Congo, resulting in an additional 6,000 barrels of oil per day of production.The campaign, which concluded at the end of 2025, included horizontal…

Equinor Brings Eirin Gas Field On Stream in North Sea

May 05, 2026

Equinor has started production at the Eirin field in the North Sea, with gas now being exported to Europe via the Gina Krog and Sleipner A platforms.The subsea development, tied back to the Gina Krog platform, was completed in about three years and is expected to recover around 27…

BlueNord Reports Record Quarterly Production

May 04, 2026

BlueNord has announced its financial results for the first quarter of 2026, delivering another quarter of strong operational and financial performance.Highlights include:• Net hydrocarbon production of 43.1 mboepd (42.2 mboepd in Q4 2025)• Revenues…

Petrobras Starts Up P-79 FPSO Ahead of Schedule

May 03, 2026

Petrobras has begun oil production from the P-79 platform in the pre-salt layer of the Santos Basin, three months ahead of the date foreseen in the 2026-2030 Business Plan (PN 26-30) and five months ahead of the previous year's plan (PN 25-29)…

US Naval Blockade Hammers Iran Oil Exports, Forces Floating Storage

May 01, 2026

A U.S. naval blockade of Iranian ports has shrunk Tehran's oil exports, stranding a growing stockpile of crude on tankers as Iranian storage sites run out of space, shipping data showed and analysts said.With some vessels switching off tracking systems and U…

Norway's March Oil, Gas Output Tops Forecast

Apr 21, 2026

Norway's combined oil and gas production exceeded an official forecast by 2.8% in March, the Norwegian Offshore Directorate (NOD) said on Tuesday.Norway is Europe's largest supplier of natural gas and a major producer of oil, but output varies…

Sable Offshore Sees More Offshore Wells Restart; Boosts California Output

Apr 20, 2026

Oil and gas producer Sable Offshore said on Monday it was ramping up production across its California assets as more wells come online and a third platform is set to begin operations later this year.Its shares were up 3.7% in premarket trading…

MidEast Energy Output Recovery to Take Two Years, IEA Says

Apr 17, 2026

It will take about two years to recover the energy output lost in the Middle East from the conflict there, Fatih Birol, the head of the International Energy Agency, was quoted as saying on Friday in an interview with the Neue Zuercher Zeitung newspaper…

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