Offshore Field Development Offshore O&G-related EPC contract award year-to-date value is estimated at US$7.8bn (excluding letters of intent). Key sanctioning…
Europe
Sea Lion Falkland Islands Oil Project Explores Second FPSO to Accelerate Production Beyond 2028 Phase 1 Start-up
With the first phase on track for start-up in 2028, an oil project in the North Falkland Basin (NFB) is…
Australia
Worley Wins Engineering Contract with APA Group for Australian Gas Transmission and Storage Infrastructure
Australia-listed engineering services major Worley has secured a framework agreement from compatriot APA Group to support gas transmission and storage…
Europe
Aker BP Receives Norwegian North Sea Drilling Permit for Exploration Well Using Saipem’s Scarabeo 8
Norwegian oil and gas player Aker BP has obtained a drilling permit for an exploration well in the Norwegian sector…
Europe
Energean Slashes Dividend After Israel Gas Shutdown Cuts Output
UK-based oil and gas producer Energean plc on Wednesday slashed its first-quarter dividend and full-year production outlook following a 41-day…
Asia
Petrobras Acquires Petronas’ 50% Stake in Tartaruga Verde and Espadarte Fields for $450 Million
Petrobras has announced plans to acquire the 50% interests held by Petronas subsidiary Petronas Petróleo Brasil in the Tartaruga Verde…
Regional
UK onshore oil and gas production in figures and charts – September 2025
Daily onshore oil and gas production rates rose slightly in September 2025, compared with the month before. The contribution of…
Regional
Ratcliffe’s energy empire abandons UK investment over North Sea tax
Sir Jim Ratcliffe’s energy empire has pulled all investment in Britain to focus on its United States operations as it…
Regional
Drill, maybe, drill: Why North Sea oil and gas will not meet UK energy needs
Kemi Badenoch’s promise to “maximise” oil and gas extraction has put clear North Sea water between her party and the…
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