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Home/News/Drilling & production

Drilling & production News

Browse the latest drilling & production news and articles.

New discovery in Brage Field, Norway
2 Feb 20262 min read

New discovery in Brage Field, Norway

Rex International Holding Ltd, together with its subsidiaries, has announced that a discovery has been made in the “Knockando Fensfjord” prospect in the Brage Field.

Nigeria’s oil and gas industry expands as crude and condensate production reaches 554.4 million bbls and gas output grows by 7.5 billion ft3/d in 2025
30 Jan 20264 min read

Nigeria’s oil and gas industry expands as crude and condensate production reaches 554.4 million bbls and gas output grows by 7.5 billion ft3/d in 2025

Sarens and its subsidiary in Nigeria, Sarens Buildwell, has positioned itself as the optimal strategic partner for the oil and gas sector due to its strong commitment to the highest international standards of safety and operational excellence.

Jack-up drilling rig contract signed for multi-well programme in Yumna Field, Oman
30 Jan 20261 min read

Jack-up drilling rig contract signed for multi-well programme in Yumna Field, Oman

The rig will be used by MOL to perform drilling of three development wells in the offshore Yumna Field in Block 50, Oman.

Petrobras increases Proved Reserves in 2025
29 Jan 20262 min read

Petrobras increases Proved Reserves in 2025

Petrobras discloses its proved reserves of oil, condensate and natural gas, according to SEC (US Securities and Exchange Commission) regulation, estimated at 12.1 billion boe, as of December 31, 2025.

A return to onshore: how independents are leading Angola’s inland resurgence
29 Jan 20264 min read

A return to onshore: how independents are leading Angola’s inland resurgence

As Angola reinvigorates its onshore basins through regulatory reform and flexible licensing, independent oil and gas companies are stepping forward to drive a new wave of inland exploration and production growth.

Superior Energy Services lines up Abaco acquisition
28 Jan 20263 min read

Superior Energy Services lines up Abaco acquisition

Superior Energy Services announces entry into definitive agreements to acquire Abaco Energy Technologies.

Wood Mackenzie reports historic natural gas freeze-offs as arctic weather drives production losses to near-record levels
27 Jan 20262 min read

Wood Mackenzie reports historic natural gas freeze-offs as arctic weather drives production losses to near-record levels

Single-day freeze-off reaches 17 billion ft3 on 25 January 25, approaching Winter Storm Uri levels as intense cold drives historic price spike.

TotalEnergies Signs the Extension of the Waha Concessions until 2050
26 Jan 20261 min read

TotalEnergies Signs the Extension of the Waha Concessions until 2050

This agreement sets new fiscal terms allowing to increase the production of these concessions that are currently producing around 370 000 boe/d.

Syrian oil and gas production set to recover in 2026 as government regains control of key assets, says Wood Mackenzie
23 Jan 20263 min read

Syrian oil and gas production set to recover in 2026 as government regains control of key assets, says Wood Mackenzie

Recent actions by the Syrian government could pave the way for increased oil and gas production this year and beyond, according to a recent insight from Wood Mackenzie.

Wood Mackenzie reveals five North Sea upstream themes to look out for in 2026
22 Jan 20265 min read

Wood Mackenzie reveals five North Sea upstream themes to look out for in 2026

Investment to fall as Norway projects unwind while UK faces lowest spending in over 50 years.

First oil at new platform is major milestone for Chevron in Angola
16 Jan 20262 min read

First oil at new platform is major milestone for Chevron in Angola

Chevron’s South N’dola Platform in Angola delivered first oil in December. The milestone comes just over two years after construction on the platform began.

Petrobras surpasses 2025 production targets
16 Jan 20262 min read

Petrobras surpasses 2025 production targets

Petrobras announces that, in 2025, its oil production reached 2.40 million bpd, exceeding the upper limit of the target (+4%) set in its 2025 - 2029 Business Plan by 0.5 percentage points.

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