PETRONAS signs sale and purchase agreement with CNOOC
PETRONAS LNG, a subsidiary of PETRONAS, has signed a sale and purchase agreement (SPA) with CNOOC Gas and Power Singapore…
24 Dec 2025
Subsea7 secures contract from LLOG for Buckskin South expansion project
Subsea7 has secured a contract from LLOG Exploration Offshore for work on the Buckskin South Expansion project in the US. The contract, described as “sizeable” by Subsea7, is valued between…
23 Dec 2025
Shell, INEOS find oil at Nashville exploration well in Gulf of America
Shell and INEOS Energy have announced their first oil discovery in the Gulf of America, following the confirmation of hydrocarbons presence at the Nashville exploration well—a deepwater Norphlet prospect. INEOS…
23 Dec 2025
Harbour Energy to acquire LLOG Exploration for $3.2bn
UK-based independent oil and gas company Harbour Energy has agreed to acquire LLOG Exploration Company from LLOG Holdings in a transaction valued at $3.2bn. The deal includes $2.7bn in cash…
23 Dec 2025
Australia introduces domestic gas reservation scheme for LNG exporters
The Australian government has announced a domestic gas reservation scheme that requires liquefied natural gas (LNG) exporters to allocate a portion of their production to the local market before approving…
22 Dec 2025
CNOOC starts production at Xijiang Oilfields 24 Block development
China National Offshore Oil Corporation (CNOOC) has commenced production at the Xijiang Oilfields 24 Block development project. Located in the shallow waters of the Pearl River Mouth Basin in the…
22 Dec 2025
Equinor discovers oil and gas near Tyrihans field offshore Norway
Equinor, together with its partners, has identified oil, condensate, and gas in the Tyrihans Øst prospect, located about 250km southwest of Brønnøysund in the Norwegian Sea. The discovery was made…