Browse the latest oil & gas news news and articles.
Aker BP and operator Equinor have made a significant gas and condensate discovery in the Lofn and Langemann wells in the Sleipner area of the North Sea. Gross recoverable volumes are estimated at 30 to 110 million boe.
These are Equinor’s largest discoveries so far this year and can be developed for the European market through existing infrastructure.
If African nations can collectively support upstream scalability, midstream connectivity, and downstream certainty, gas production will not merely surge – it will transform the entire continent for the better.
Kongsberg Maritime has signed a major contract with Sea1 Offshore to deliver Launch and Recovery Systems (LARS) for the company’s four new offshore construction vessels. Each vessel will be equipped with two advanced LARS units, supporting subsea construction and ROV operations.
With reserves of 36 million bbls of oil, Verdande helps extend Norne’s production beyond 2030.
Regional leaders will examine grid integration, regulatory reforms and investment opportunities shaping West Africa’s evolving power market.
Intermoor, Acteon’s Moorings and Anchors business line, has been awarded a three-year contract by Petrobras, following a Memorandum of Understanding (MoU) signed at the Offshore Technology Conference (OTC) in Houston in May 2025.
The Edvard Grieg field celebrates ten years of production and introduces a new area name: Eiga.
Hunting PLC, the precision engineering group, today announces that Hunting Energy Services Production Technology, Inc., Hunting’s recently acquired business which aims to optimise oil reservoir performance and recovery rates, has secured its first sampling and testing contract award in Brazil.
Shell UK Ltd, a subsidiary of Shell plc and Equinor UK Ltd, a subsidiary of Equinor ASA have completed a deal to combine their UK offshore oil and gas operations to form a new company. Adura will be the largest independent producer in the UK North Sea.
Further to an ongoing discussion of global exploration opportunities between TotalEnergies and Chevron, TotalEnergies EP Nigeria has signed a farmout agreement to sell to Star Deep Water Petroleum Limited, a Chevron company, a 40% participation in the PPL 2000 and PPL 2001 exploration licenses, offshore Nigeria.
The agreement, signed today at Kongsberg Discovery’s facility in Horten, Norway, was lauded as “a natural partnership”.