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 …
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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 …
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Targeting more accurate methane emissions measurements in oil and gas
Amid high tensions and political wrangling at COP30 this November, it wasn’t just CO₂ emission reductions that dominated the agenda …
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Rigs and regulations: new issue of Offshore Technology Focus out now
The newest addition of our bi-annual digital magazine, Offshore Technology Focus, is out now. Read it here on any device. In …
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Saipem wins $3.1bn offshore EPCI contract from QatarEnergy LNG
Saipem, together with its partner Offshore Oil Engineering (COOEC), has secured an offshore engineering, procurement, construction and installation (EPCI) contract …
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Baytex completes sale of Eagle Ford assets for $2.14bn
Canada-based oil and gas producer Baytex Energy has completed the sale of its US Eagle Ford assets for a total …
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Equinor extends IMR services agreement with Subsea7
Norwegian oil and gas company Equinor has extended its existing agreement with Subsea7 for subsea inspection, maintenance and repair (IMR) …
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Harbour Energy finds gas and condensate at Camilla Nord prospect in North Sea
UK-based oil and gas company Harbour Energy and its partners have identified a gas and condensate discovery at the Camilla …
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ADNOC secures $2bn K-SURE green financing for lower-carbon projects
ADNOC has received Dh7.34bn ($2bn) in green financing backed by the Korean export credit agency, Korea Trade Insurance Corporation (K-SURE). This …
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Subsea7 secures EPCI contract for PPF project offshore Norway
Subsea7 has secured a contract to deliver engineering, procurement, construction and installation (EPCI) services for ConocoPhillips Skandinavia’s Previously Produced Fields …
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Arrow announces initial production from Mateguafa field well in Colombia
Arrow Exploration has commenced production from the Mateguafa HZ7 (M-HZ7) appraisal well on the Tapir Block in the Llanos Basin, …
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Japex to acquire US tight oil and gas producer VRIH for $1.3bn
Japan Petroleum Exploration (Japex) has announced plans to acquire Verdad Resources Intermediate Holdings (VRIH), which owns tight oil and gas …
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BP appoints Woodside Energy’s Meg O’Neill as CEO
British energy company bp has appointed Meg O’Neill as its next CEO, effective from 1 April 2026. O’Neill is currently serving …
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ADNOC secures $11bn financing for Hail and Ghasha gas project
ADNOC, along with its partners Eni and PTT Exploration and Production (PTTEP), has signed a structured financing agreement of up …
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The year in oil and gas: 2025 review and 2026 outlook
Kicking off with the inauguration of US President Donald Trump and the third global AI Action Summit, 2025 was a …
