Rigzone

JUNE 20, 2025

“This Memorandum of Understanding outlines the realization of a work program for the appraisal and development of gas resources in the North-East Timimoun region, in synergy with existing processing facilities for production from the Timimoun field, to reduce costs and emissions”, TotalEnergies said in a press release April 8, 2024.

Exploration and Appraisal 108

Exploration and Appraisal Exploration and Production Field Basin 108

Oil Review Middle East

JUNE 11, 2025

Of this, 40% is dedicated to slowing down production declines at existing fields. Between 2026 and 2028, the global LNG market is set to experience its largest ever capacity growth, with the USA set to nearly double its export capacity. Global refinery investment in 2025 is set to fall to its lowest level in the past 10 years.

Upstream 59

Upstream Natural Gas Oil Finance 59

Rigzone

JUNE 5, 2025

Petronas will also freeze hiring until December 2026, he said. “The margins are shrinking, the fields are getting smaller,” Taufik said. To achieve that, Petronas is looking for opportunities abroad as fields at home shrink. the full name of the company, in 2024. WHAT DO YOU THINK?

Natural Gas 75

Natural Gas Oil Field Gas 75

Offshore Engineer

JUNE 23, 2025

Brazilian oil company Prio expects to double its daily output next year when compared with 2024 levels, driven by the development of some key offshore fields, CEO Roberto Monteiro said on Monday…

Oil 45

Oil Field Offshore IT 45

Rextag

JUNE 26, 2025

The platform includes: Fractionation capacity : ~193,000 barrels/day (post-Fort Saskatchewan expansion), including field, hub, and straddle facilities Straddle gas processing : 5.7 Keyera Corp. assets, for a total cash consideration of C$5.15 billion (US$3.76 About Keyera Corp. Keyera Corp.

Midstream 52

Midstream Condensate Natural Gas Operator 52

Rigzone

JULY 23, 2025

Engineering and project management will begin immediately in Subsea7 offices in Norway and the United Kingdom, with offshore installation activities expected in 2026 through 2028. The FEED study enabled Subsea7 to engage early in the field development process, optimizing design solutions and contributing to the final investment decision.

Offshore 102

Offshore Engineering Engineer Project Manager 102

Iraq Business News: Oil & Gas

JULY 8, 2025

Deliveries are scheduled throughout 2025 and 2026 to support Iraq's increasing drilling activities. CNOOC has interests in the Maysan Oil Fields and Block 7 , while PetroChina -- part of China National Petroleum Corporation (CNPC) -- is developing West Qurna 1. bpd in 2025 to 6M bpd in 2029." bpd in 2025 to 6M bpd in 2029."

Field 59

Field Oil Petroleum Offshore 59

McKinsey

JULY 10, 2025

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.

Transportation 67

Transportation Exploration and Production Pipeline Offshore 67

Rigzone

JUNE 9, 2025

The field produces medium crude. The Bohai Sea projects are the Caofeidian 6-4 oilfield adjustment, phase 2 of the Luda 5-2 North field and the Bozhong 26-6 field. The South China Sea projects are Wenchang 19-1 oilfield phase 2, the Dongfang 29-1 field and the Panyu 11-12/10-1/10-2 Oilfield Adjustment Joint Development Project.

Upstream 98

Upstream Exploration and Production Field Oil 98

Rigzone

JUNE 23, 2025

percent stake in the Scarborough field offshore Western Australia to Japanese companies: 15.1 It is expected to start LNG production 2026. Last year Woodside sold a 25.1 percent to JERA and 10 percent to LNG Japan. Scarborough gas will be processed at Pluto LNG, where Woodside is building a second train.

Natural Gas 62

Natural Gas Gas Energy Energy 62

Rigzone

JUNE 27, 2025

operated Buzzard field, which started production 2007; an operating stake of 65.11percent in Mariner, online since 2019; and an 80 percent operating stake in Rosebank, expected to come onstream 2026. Adura will include Equinor’s 29.89 percent stake in the CNOOC Ltd.-operated Shell will contribute its 27.97

Exploration and Production 67

Exploration and Production Operator Oil Gas 67

Oil Gas Leads

JUNE 11, 2025

Vaquero, with backing from Yorktown Partners, aims to execute swiftly on both the loop and plant, targeting in-service by end of 2025 for the pipeline and March 2026 for the plant. miles Regulated Miles 258.91 miles Unregulated Miles 31.15 miles Commodity Gas Classification Gas Utility Recent Updates (as of April 29, 2025) 1.

Pipeline 52

Pipeline Midstream Basin Gas 52

Rigzone

JULY 22, 2025

“The consideration will be split into a $40 million payment due on completion, $40 million payable at the earlier of field development plan approval or 30 June 2026, and $40 million payable over five years from the third quarter of 2028 onwards”, Tullow said.

Energy 95

Energy Energy Probable Reserves E&P 95

Rigzone

JUNE 16, 2025

The acquired portfolio consists of 16 producing fields in Norway, quadrupling DNO’s North Sea production to 80,000 barrels of oil equivalent per day (boepd), the company said in a news release. DNO noted that it has four development wells and one exploration well planned in the period through 2026.

Energy 67

Energy Energy Exploration and Production Field 67

Rigzone

JUNE 16, 2025

Image by JHVEPhoto via iStock Baker Hughes Company was selected by Equinor ASA to provide plug and abandonment services in the Oseberg East field on Norway’s continental shelf. Planning for Oseberg East is underway, with execution due to start in 2026, the company said.

Abandonment 75

Abandonment Mechanic Casing Field 75

Rigzone

JUNE 9, 2025

Image by Emiliano Ortiz via iStock Italy’s Eni SpA and Argentina’s YPF SA have signed an agreement to build a liquefaction facility to enable the export of natural gas from the Vaca Muerta field in the South American country. The capacity is planned to grow to up to 30 million tons per annum (MMtpa) by 2030.

Gas 105

Gas Natural Gas Field Pipeline 105

Rigzone

JULY 17, 2025

The field had already stopped supplying natural gas to Darwin LNG late 2023 due to depletion but Santos said in 2024 Bayu-Undan would continue sending gas to Australia’s Northern Territory until the end of that year. Moreover Timor-Leste’s Bayu-Undan ceased production in May 2025, the report said.

Oil 79

Oil Barrel Gas Completion 79

Rigzone

JUNE 6, 2025

The Project Greensand partners - diversified British company INEOS, London-based Harbour Energy PLC and Danish national oil and gas company Nordsøfonden - expect the ship and the other CCS components to become fully operational by the end of 2025 or early 2026. To contact the author, email jov.onsat@rigzone.com What do you think?

Transportation 72

Transportation Oil Gas Upstream 72

Rigzone

JUNE 10, 2025

In May XRG said it had obtained a 38 percent stake in the Block I gas and condensate fields on Turkmenistan’s side of the Caspian Sea. XRG said it has also carried over ADNOC’s investments in Rio Grande LNG in the United States and the Absheron gas field in Azerbaijan.

Gas 95

Gas Natural Gas Exploration and Production Completion 95

Rigzone

JULY 25, 2025

Image by pengtianli via iStock Karoon Energy Ltd said that its Managing Director and CEO Julian Fowles will be leaving the company by mid-2026. He will then serve a notice period through to mid-2026, where he will be available to provide continuity, if required, the company said.

Exploration and Production 62

Exploration and Production Management Instrumentation Oil 62

Oil Gas Leads

JULY 24, 2025

Its Cortex automation platform and REX early alert field monitoring system are seeing growing adoption, particularly in U.S. Hendricks noted growing conversations with customers about increasing natural gas activity as 2026 approaches , citing demand from both U.S. contract drilling. domestic use and LNG exports. “If

Natural Gas 52

Natural Gas Gas Basin Operator 52

Rigzone

JULY 14, 2025

Deliveries are scheduled throughout 2025 and 2026 to support Iraq’s increasing drilling activities, according to the release. Iraq holds some of the world’s largest oil reserves with several super-giant oil fields that are increasingly being developed by international oil and gas companies.

Field 62

Field Oil Operator Barrel 62

Oil Gas Leads

JULY 16, 2025

ExxonMobil aims to: Double the industry-standard shale recovery rates (currently ~6–8%) Deploy AI-driven monitoring, frac proppant advances, and real-time optimization Reduce drilling/completion costs while boosting EUR per well Look for continued field trials and data-driven refinement of these technologies before 2026.

Basin 52

Basin Operator Midstream Oil 52

Rigzone

JULY 17, 2025

The field had already stopped supplying natural gas to Darwin LNG late 2023 due to depletion but Santos said in 2024 Bayu-Undan would continue sending gas to Australia’s Northern Territory until the end of that year. Moreover Timor-Leste’s Bayu-Undan ceased production in May 2025, the report said.

Barrel 79

Barrel Gas Oil Completion 79

Rigzone

JULY 22, 2025

The Rafael gas and condensate field is in Exploration Permit 428, about 150 kilometers (93.21 Drilling is planned to start June 2026. Image by DanielIngelhart via iStock Buru Energy Ltd. miles) east of Broome and around 85 kilometers south of Derby in the Shire of Derby-West Kimberley, according to Buru.

Gas 62

Gas Exploration and Appraisal Condensate Exploration and Production 62

Iraq Business News: Oil & Gas

JUNE 21, 2025

While we have seen no material impact on Shaikan Field operations to date, we are closely monitoring the developing conflict between Israel and Iran. The Company has performed well in the year to date, with robust local sales demand enabling gross average production of c.44,900 Looking ahead, our 2025 annual guidance is unchanged.

Shutdown 59

Shutdown Petroleum Field Pipeline 59

Rigzone

JUNE 16, 2025

The field holds an estimated 440 MMboe of total recoverable resources, according to Chevron. Gulf to 300,000 boed by 2026. The Anchor floating production unit, Chevron’s sixth operated facility producing in the U.S. Gulf, has a capacity of 75,000 bopd and 28 million cubic feet per day of natural gas.

Offshore 75

Offshore Exploration and Production Natural Gas Oil 75

Rigzone

JUNE 24, 2025

Image by ysuel via iStock Kelsian Group Limited said one of its units has signed a binding contract with CP2 LNG engineering procurement, and construction contractor Worley Field Services, Inc.,

Transportation 62

Transportation Offshore Engineering Engineer 62

SmartBrief

JUNE 16, 2025

See all speakers.) After the Summit, the Smithsonian will curate additional online resources that can be used throughout the school year to prepare educators for the nation’s 250th anniversary in 2026. Opinions expressed by SmartBrief contributors are their own.

Education 101

Education Field IT 101

McKinsey

JUNE 16, 2025

In last year’s survey, a surprising 84 percent of respondents predicted that an NGSA aircraft would be fielded by 2035 or earlier. On average, 81 percent of those surveyed expressed zero to moderate confidence in the ability of airframers to hit their production targets for 2026 and 2027.

Supply Chain 62

Supply Chain Exploration and Production Casing Maintenance 62

OilPrice

MAY 13, 2025

Namibia expects Frances TotalEnergies and Norways BW Energy to take final investment decisions on oil projects offshore the African country in late 2026, a senior Namibian official says.

Offshore 304

Offshore Oil Petroleum Field 304

Oil & Gas 360º

MARCH 19, 2025

Energy Information Administration (EIA) forecast crude oil production in Alaska will increase by 16,000 barrels per day (bpd) in 2026 to 438,000 bpd after remaining relatively flat in 2025. Additional production from Phase 1 of the Pikka development project on the North Slope drives the forecast increased production in 2026.

Crude Oil 130

Crude Oil Oil Exploration and Production Active Well 130

Rigzone

APRIL 23, 2025

The plan includes actions to achieve more efficient field-level operations and improvements in drilling and completion costs while improving operating margins and corporate costs'.

Field 109

Field Completion Operator 109

Mees

APRIL 4, 2025

The UAEs Crescent Petroleum and Dana Gas announced on 3 April that expected completion of work to add 250mn cfd capacity to the Khor Mor gas field has been brought forward to 1Q 2026. The expansion project for the field in Iraqi Kurdistan, which is currently producing nearly 525mn cfd, had been scheduled for 2Q 2026 (MEES, 7 February).

Gas 52

Gas Petroleum Field Completion 52

Energy Central

APRIL 28, 2025

China’s Oil Production Outlook: Stability Through Strategic Offshore Growth By Alexander Fernandez China remains a key player in global oil markets, maintaining a stable liquids supply through a strategic mix of mature onshore fields and expanding offshore developments.

Exploration and Production 59

Exploration and Production Offshore Field Oil 59

Mees

APRIL 18, 2025

Kurdistans key gas producers target 800mn cfd output by late 2026 via a 250mn cfd boost at the 500mn cfd Khor Mor field and the start up of production at nearby Chemchemal. This will cement the Pearl Consortiums role as Kurdistans key gas supplier and strengthen the case for exports to other parts of Iraq.

Gas 52

Gas Casing Field IT 52

Oil & Gas 360º

MARCH 10, 2025

In collaboration with the NOC, TotalEnergies has achieved a 20% increase in production at the Waha field; Repsol plans to drill nine new prospects in 2025; while Eni is planning four exploration wells in 2025. mtpa Coral South FLNG project has been operating since 2022 while ExxonMobil plans to make FID on Rovuma LNG in 2026.

E&P 130

E&P Exploration and Production Oil Field 130