The MISC Group revenue of RM2,891.4 million ($729 million) was 2.7% higher than the revenue for the period ended March 31, 2025.The increase was mainly due to higher revenue from the company’s Petroleum and Product Shipping segment, primarily driven by higher freight rates and earning days…
Karoon Energy has restarted production from the Baúna project offshore Brazil following a planned 28-day shutdown tied to maintenance and revitalization work on the floating production, storage and offloading (FPSO) unit.The company said production has ramped up to approximately 11…
QatarEnergy has signed a memorandum of understanding (MoU) with the Egyptian government and ExxonMobil to study the potential development and commercialization of gas discoveries in Cyprus through Egypt’s existing gas and LNG export infrastructure…
Shell’s Mars platform has produced its billionth barrel of oil equivalent, becoming the first single offshore platform in the Gulf of America to reach the milestone nearly three decades after production began.The deepwater oil and gas platform…
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…
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…
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-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…
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, 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…
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…
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 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 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 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)…
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