Wood secures contract for $3.2bn Sakarya gas field offshore Turkey
As Turkey’s largest natural gas reserve, the Sakarya gas field has a confirmed capacity of 405 billion cubic metres.
Exploration
Petrobras to invest $68bn to boost oil production during 2022-2026
The Brazilian firm is planning to put 84% of its investments towards oil and gas...
Neptune Energy owners explore divestment
Neptune Energy has sites in the UK and the Norwegian North Sea, and reported production...
Lukoil makes new oil discovery offshore Mexico
According to preliminary estimates, the discovery’s initial oil in place is 250 million barrels.
Equinor awards four contracts to Aibel for Norwegian offshore fields
Aibel has secured contracts involving the offshore fields - Krafla, Gina Krog, and Asterix, and...
TotalEnergies and Eni looking to invest in Libyan oil and gas projects
TotalEnergies plans to invest $2bn to boost the production capacity of the Waha concessions.
BHP and Woodside Petroleum partner on $12bn LNG project
BHP and Woodside have furthered their partnership, developing an LNG project in Western Australia and merging portfolios to create a new energy company.
Colombia targets 3Bboe increase in oil reserves over the next 20 years
By 2040, the country plans to award 200 blocks to potential firms, and drill 800 wells.
ADNOC AI unit partners with Baker Hughes on drilling operations efficiency
The companies will develop, deploy, and commercialise advanced analytics solutions AI products for the oil and gas industry.
ConocoPhillips continues with Alaska exploration despite legal dispute
ConocoPhillips is set to continue with its Willow project, amidst challenges from environmental and Native groups.
ADNOC awards $1.46bn contracts for Dalma gas field offshore Abu Dhabi
The contracts have been awarded to National Petroleum Construction, and JV between Técnicas Reunidas and Target Engineering.
