Major contract awards to Norwegian supplier industry
These agreements lay the foundation for safe and competitive operations at Equinor’s offshore installations and onshore plants in the years to come.
Stay up to date with the latest news and updates from the oil industry.
These agreements lay the foundation for safe and competitive operations at Equinor’s offshore installations and onshore plants in the years to come.
Venezuelan production recovery faces decade-long timeline despite near-term supply gains, Wood Mackenzie finds.
The combination of new 3D data acquisition, reprocessing of legacy surveys and faster permitting is offering clearer geological insight and reducing risk – giving governments and investors renewed confidence in frontier exploration.
Nexans has successfully completed the high-voltage subsea cable installation on the Tyrrhenian Link Project in Italy, confirming a world-record installation depth of 2150 m for a 500 kV high-voltage direct current (HVDC) subsea cable.
The Nashville exploration well was drilled more than five miles beneath the seabed and confirmed high-quality oil in one of the Gulf’s most promising deepwater formations.
Julie Copland, Head of Wells, Elemental Energies, and Iain Farrow, Elemental Archer JV Manager, answer questions regarding decommissioning oil and gas assets.
Estimates indicate 600 billion ft3 of gas initially in place (GIIP) with a potential upside beyond 1 trillion ft3.
With Congo LNG Phase 2 starting operations, Congo is gearing-up for accelerated upstream growth.
Shell Brasil Petróleo Ltda. (Shell Brasil), a subsidiary of Shell plc, has secured additional equity in Brazil’s pre-salt oil projects following an auction led by Pré-Sal Petróleo.
US Lower 48 rig count to fall below 500 while gas assets drive M&A rebound in 2026.
With 17 high impact wells completed in 2025, Africa will need significant investment to support natural gas demand in the near-medium term.
Share buybacks at risk as companies face toughest strategic balancing act yet.