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Equinor Files Development Plan for Fram South in Norwegian North Sea

Rigzone

The consortium forwarded the development plan to Norway’s Energy Ministry on Thursday, the majority state-owned energy major said. Fram West and Fram East started production 2003 and 2006 respectively. Equinor operates Fram with a 45 percent stake through Equinor Energy AS. Var Energi ASA owns 40 percent.

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Whitecap and Veren Finalize $10.4B Merger, Create Top-7 Canadian Oil & Gas Producer

Rextag

The merger creates a new heavyweight in Canadian energy, ranking as the seventh-largest oil and gas producer and the fifth-largest natural gas producer in the country by output. In the Elmworth area of the Montney formation, leases averaged C$1,734 per hectare in 2024—the highest since 2003. NuVista Energy Ltd.

Gas
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The Iberian green industrial opportunity: Carbon capture and storage

McKinsey

Renewable energy sources are rapidly expanding and driving the decarbonization effort, yet certain industries, particularly those with hard-to-abate (HtA) emissions, require additional solutions. “European electricity prices and costs,” Ember Energy, accessed April 2025. 3 Assuming a 4.3 ” European Commission, January 2023.

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Great British Energy Gets Permanent CEO

Rigzone

Image by valiantsin suprunovich via iStock A release posted on the UK government website on Monday announced that Dan McGrail has been appointed as the permanent Chief Executive Officer of Great British Energy. “This includes announcing GBP 1 billion ($1.36

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Equinor, Shell Unveil Name of UK North Sea JV

Rigzone

It’s a company built on firm foundations, much like the strong granite synonymous with the city” “Adura will sustain domestic oil and gas production and security of energy supply in the UK and beyond”, Equinor added. We’d love to hear from you, join the conversation on the Rigzone Energy Network.

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Petrovietnam, JV Partners Sign PSC for Vietnam Block

Rigzone

Block 15-1 provides stable crude oil to the domestic market through the Dung Quat Oil Refinery, and also brings natural gas to serve the gas industry in the Southeast region, making it “one of the strategic pillars [of] the national energy system,” Petrovietnam said. There’s a reason 700K+ energy professionals have subscribed.

BCF
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CNOOC Announces Seventh Upstream Startup in Chinese Waters This Year

Rigzone

The Panyu field has produced over 380 million barrels of petroleum since coming online 2003 according to the company. We’d love to hear from you, join the conversation on the Rigzone Energy Network. MORE FROM THIS AUTHOR Jov Onsat Editor OIL, GAS & ENERGY NEWS STRAIGHT TO YOUR INBOX! 700K Industry Pros can’t be wrong.