Kazakhstan's state energy company KazMunayGaz has raised its production forecast for the Kashagan and Karachaganak oilfields this year to 18.25 million metric tons (mmt) and to 11.2 mmt respectively, it said on Tuesday.The previous forecast for Kashagan was 17…
Yinson Production, the offshore unit of Malaysia's Yinson Holdings, plans to expand into Namibia and is considering an initial public offering within three to five years, its CEO said on Tuesday.The company, which in January received a $1 billion investment from global funds…
ABL has received an award of work order from Chevron Thailand Exploration and Production, Ltd., Chevron Offshore (Thailand) Ltd. and Chevron Pattani Limited to provide marine warranty survey (MWS) and third-party support services in connection…
OneSubsea, a joint venture backed by SLB, Aker Solutions, and Subsea7, has secured two sizeable engineering, procurement, and construction (EPC) contracts by PTT Exploration and Production Public Company Limited (PTTEP) for two deepwater projects offshore Malaysia…
Brazil's Petrobras has authorized studies for a logistics center in the Amazonian state of Amapa, where the state-run oil firm started exploring in a promising offshore block last week, state Governor Clecio Luis told Reuters.The company's logistics subsidiary Transpetro will do the studies…
Egypt’s Ministry of Petroleum and Mineral Resources has informed that a new production well at the Zohr natural gas field in the Mediterranean added about 70 million cubic feet of gas per day to output, reinforcing the field’s role as a key contributor to national energy supply…
Brazilian state-run oil company Petrobras has reached a milestone with the Almirante Tamandaré floating production, storage and offloading (FPSO) unit, operating in the Búzios field in the pre-salt Santos Basin, with record production rate of 270…
Operators are being urged to boost the efficiency of production from North Sea fields by extending the life of existing oil and gas wells, according to a new report from the North Sea Transition Authority (NSTA).Interventions, industry’s term for this type of activity…
Production at the Ekofisk 2/4 K oil and gas platform in the North Sea is shut, TV2 Norway reported on Thursday, citing operator ConocoPhillips.The broadcaster reported a vessel lying next to the platform lost its propulsion and collided with the structure…
The inauguration of a world-record subsea compression system in Norway in August 2025 marked a pioneering leap in engineering. Yet according to OneSubsea CEO Mads Hjelmeland and Project Director at Shell, Richard Crichton, its success hinged…
Brazilian state-run oil company Petrobras' could start oil and gas production in the Foz do Amazonas basin within seven years if large reserves are confirmed, the company's Chief Executive Magda Chambriard told Reuters on Tuesday.Brazil's environmental…
Portugal's Galp is in advanced talks with several oil majors to sell a 40% stake in its promising offshore Mopane field in Namibia and expects to choose a partner by the end of the year, Executive Board Member Nuno Bastos said on Tuesday.The…
U.K.-based oil and gas firm Serica Energy has informed the Triton floating production, storage and offloading (FPSO) has been put back into production after it was shut down due to some technical issues encountered late in September.The production from the Triton FPSO…
U.S. natural gas pipeline exports to Mexico averaged 7.5 billion cubic feet per day (bcfd) in May 2025, the most of any month on record as Mexico's demand for natural gas increases, the U.S. Energy Information Administration said on Monday.On an annual basis…
A liquefied natural gas tanker has left Russia's Arctic LNG 2 after loading a cargo there, according to data compiled by LSEG and analytics firm Kpler, as the project continues output despite Western sanctions over Moscow's war in Ukraine.The…
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