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Equinor Hits New Discovery in Johan Castberg

Rigzone

Image by Tatyana Ponomareva via iStock Equinor ASA on Monday announced another discovery in the recently started-up Johan Castberg field on Norway’s side of the Barents Sea. “The licensees will consider tie-in of the discovery to the Johan Castberg field”, said Equinor, which operates Johan Castberg with a 46.3

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How Canada’s oil sands transformed into one of North America’s lowest-cost plays

Oil & Gas 360º

The company’s Horizon oil sands mine has been producing since 2009. Prices have begun to climb because after years of heavy drilling in the top shale fields, the most productive areas have been exhausted. Canadian Natural Resources , for example, at the end of 2024 had proved and probable reserves amounting to 20.1

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The Iberian green industrial opportunity: Carbon capture and storage

McKinsey

Developments in France are particularly relevant to Spain since France is accelerating its CCUS efforts despite not having significant national oil and gas reserves, which eliminates the possibility of using depleted fields for CO 2 storage. In addition, most of Europe’s depleted oil and gas fields are located at sea.

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Petrel Resources Updates on Iraqi Prospects

Iraq Business News: Oil & Gas

Regarding prospects in Iraq, the company said: " An early opportunity may lie in projects to recover and monetise flared gas with contained liquids in southern Iraqi oil-fields. The Merjan oil field was discovered in 1983 by Mobil, but though economic, never developed due to the sub-economic terms available.

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Seizing the agentic AI advantage

McKinsey

Gen AI is everywhere—except in company P&L About QuantumBlack, AI by McKinsey QuantumBlack, McKinsey’s AI arm, has been helping businesses create value from AI since 2009, expanding on McKinsey’s technology work over the past 30 years. Lightweight deployment for embedded and edge agents.

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Murphy Oil to acquire BW Pioneer FPSO in Gulf of America for $125 million

Oil & Gas 360º

The FPSO will remain at its current location, supporting operations at the Cascade field (Walker Ridge 206 and 250) and Chinook field (Walker Ridge 469 and 425) in the Gulf of America. The first FPSO approved for operations in the Gulf of America, the BW Pioneer has been in service since its conversion in 2009.

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Dana Gas Increases Investment in Kurdistan Fields

Iraq Business News: Oil & Gas

Dana Gas has announced accelerated development at Kurdistan's Khor Mor and Chemchemal fields. Khor Mor field development The companies announced that daily production from Khor Mor in early March reached 525 MMscfd of natural gas, a growth of 75% since 2017, in addition to 15,200 b/d of condensate, and 1,070 t/d of LPG. By John Lee.

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