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BP Produces First Oil from Gulf of America Platform Ahead of Schedule

15 hours ago

BP has delivered first oil from the Atlantis Drill Center 1 expansion project in the U.S. Gulf of America, two months ahead of plan.The project is expected to add 15,000 barrels of oil equivalent per day (boe/d) gross peak annualized average production at the existing Atlantis platform.Atlantis, one of BP’s longest-running platforms in the Gulf of America, has a gross production capacity of up to 200…

SLB, Shell Form Alliance to Streamline Digital Oil and Gas Solutions

9 hours ago

Global energy technology company SLB have signed a strategic collaboration agreement with Shell to develop digital and AI solutions that drive measurable performance and efficiency gains across upstream operations for the company and the wider industry…

Gulf Auction Raises $279M as BP, Woodside and Chevron Dominate Bidding

14 hours ago

BP, Woodside Energy and Chevron were the top winners on Wednesday at the U.S. government's first sale of oil and gas drilling rights in the Gulf of Mexico since 2023.The auction, which ended with $279.4 million in high bids, was the first of 30 mandated by U…

Australia Revives Offshore Exploration with New Oil and Gas Acreage Offer

14 hours ago

The Australian government on Thursday released its first package of offshore oil and gas acreage for bidding since 2022.All five areas are in the Otway Basin offshore Victoria state in Commonwealth waters and come a day after the Victorian government…

Chevron Among Top Bidders at Gulf of Mexico Oil and Gas Auction

Dec 10, 2025

BP, Chevron and Shell were among the top bidders on Wednesday at the U.S. government's first sale of oil and gas drilling rights in the Gulf of Mexico since 2023.The auction, which ended with $279.4 million in high bids, was the first of 30 mandated by U…

Sea Lion Oil Project in Falkland Islands Gets Green Light

Dec 10, 2025

Rockhopper Exploration has taken a final investment decision (FID) on Phase 1 of the Sea Lion oil development north of the Falkland Islands, allowing the long-delayed project to proceed after securing financing commitments and regulatory approvals…

Two Shell’s Gulf of Mexico Offshore Platforms Temporarily Shut Down

Dec 10, 2025

Oil major Shell said output at two of its offshore platforms in the U.S. Gulf of Mexico has been temporarily shut due to a shutdown of the Hoover Offshore Oil Pipeline System (HOOPS).The top producer in the U.S. Gulf said it expects its Whale and Perdido platforms…

Shell In Advanced Discussions to Buy LLOG Exploration for Over $3B

Dec 09, 2025

Shell is in advanced discussions to buy LLOG Exploration offshore in a deal valued at more than $3 billion. This would increase the oil major's portfolio of upstream oil and gas producers by acquiring one of the biggest privately owned oil and natural gas producers in the U…

ESG Completes Service Operation Vessel Conversion for HOS

Dec 09, 2025

Eastern Shipbuilding Group (ESG) completed and redelivered HOS Rocinante, a first-of-its-kind U.S.-flagged Service Operation Vessel (SOV) converted for Hornbeck Offshore Services.The vessel marks a milestone in the evolution of the U.S. offshore…

US Judge Overturns Trump’s Freeze on Wind Energy Permits

Dec 09, 2025

A federal judge on Monday struck down an order by U.S. President Donald Trump's administration to halt all federal approvals for new wind energy projects, saying that agencies' efforts to implement his directive were unlawful and arbitrary.Agencies including the U…

Japan’s JERA Signs First Long-Term LNG Deal with India’s Torrent Power

Dec 08, 2025

Japan’s JERA, the country’s largest power producer, has signed its first long-term liquefied natural gas (LNG) supply agreement outside Japan with India’s Torrent Power.Under the 10-year deal beginning in 2027, JERA will supply four LNG cargoes a year…

U.S. Oil Production Still has Growth Potential

Dec 07, 2025

Crude oil production in the United States is booming, reports Poten & Partners in its weekly opinion.According to the U.S. Energy Information Administration, U.S. Field Production of Crude Oil reached 13.8 Million barrels per day (Mb/d) in September 2025…

Texas LNG Signs 20-Year Offtake Deal with Macquarie

Dec 05, 2025

Glenfarne Group’s Texas LNG project has signed a binding 20-year sales and purchase agreement with Macquarie Energy for 0.5 million tonnes per annum (MTPA) of liquefied natural gas (LNG).The agreement converts a previously non-binding heads of agreement into a definitive contract as the Brownsville…

Chevron's Gorgon LNG Project Gets $2B Investment Go-Ahead

Dec 05, 2025

The Australian unit of U.S. oil giant Chevron said on Friday that the partners of the Gorgon Joint Venture have approved the A$3 billion ($1.98 billion) Gorgon Stage 3 development off Western Australia's northwest coast.The development will…

Chevron Targets US, Guyana Output with $19B Spending Plan for 2026

Dec 04, 2025

Chevron said on Wednesday that capital expenditure for 2026 will be between $18 billion and $19 billion as the oil major focuses on production in the U.S. and investments connected to a recently-acquired oil stake in Guyana.The range is at the…

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Eni Makes Significant Gas Discovery Offshore Indonesia

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Petronas Enlists MISC for FPU Job at Gas Field Offshore Brunei

Japan’s JERA Signs First Long-Term LNG Deal with India’s Torrent Power

Japan’s JERA Signs First Long-Term LNG Deal with India’s Torrent Power

India's ONGC Set to Retain 20% stake in Russia's Sakhalin-1 Project

India's ONGC Set to Retain 20% stake in Russia's Sakhalin-1 Project

Harbour Energy to Sell Stakes in Indonesian Assets to Prime Group for $215M

Harbour Energy to Sell Stakes in Indonesian Assets to Prime Group for $215M

Eni Expands Asian Footprint with Long-Term LNG Contract in Thailand

Eni Expands Asian Footprint with Long-Term LNG Contract in Thailand

Finder Energy Buys Petrojarl I FPSO for Timor-Leste Oil and Gas Projects

Finder Energy Buys Petrojarl I FPSO for Timor-Leste Oil and Gas Projects

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