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 …
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MOL, SOCAR sign upstream deal in Azerbaijan’s Shamakhi-Gobustan area
Hungarian oil and gas company MOL Group and Azerbaijan's state-owned energy company SOCAR have signed a production sharing agreement (PSA) …
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DeepOcean secures long-term IMR contract from Vår Energi
Norwegian ocean services company DeepOcean and oil and gas operator Vår Energi have extended their subsea partnership by singing a …
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Fugro to provide soil investigation services for South Andaman Deepwater Development
Dutch geological data company Fugro has secured a contract with Mubadala Energy (South Andaman) to provide soil investigation services for …
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EU to end Russian gas imports by 2026
The EU has struck a deal with the European parliament to place a legal ban on all Russian gas imports, …
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FDI in 2026: regional experts weigh in on future trends
The past year has been turbulent for foreign direct investment (FDI). Political and economic shocks are now the norm, as …
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Santos announces sale of non-core gas assets to Eni, Comet Ridge
Australian oil and gas company Santos has agreed to sell its non-core gas assets in the country to optimise its …
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US imposes total blockade on Venezuela’s sanctioned oil tankers
US President Donald Trump has reportedly ordered a total blockade on all sanctioned oil tankers entering and leaving Venezuela. The announcement …
