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Supermajors to Significantly Boost Oil and Gas Output in Nigeria

OilPrice

Shell sees the start-up of the Bonga North deepwater oil and gas field by 2027, while TotalEnergies expects the Ubeta gas field to also begin production by that year, the top executives of the Nigerian units of the supermajor told an energy conference in Nigeria.

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Equinor Invests $1.3 Billion to Expand Europe’s Biggest Oilfield

OilPrice

billion (13 billion Norwegian crowns) in the Phase 3 expansion of the Johan Sverdrup oilfield in the North Sea, Western Europe’s biggest oil-producing field. The investment will increase recoverable volumes from the field by 40–50 million barrels of oil equivalent (boe), with production expected to start in late 2027, Equinor said on Tuesday.

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Global LNG production will drive supply surge in 2026, says IEA

Oil & Gas 360º

Qatar’s North Field East LNG expansion project is set to start operations in the middle of next year, “although much of its expected upside will spill into 2027,” the IEA said in the report. For the rest of 2025, however, the IEA cautioned that the market remains vulnerable to shocks.

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Subsea7 wins contract for Equinor’s Fram Sør project, offshore Norway

Oil & Gas 360º

Offshore installation activities are expected in 2026, 2027 and 2028. “The FEED study enabled Subsea7 to engage early in the field development process, optimizing design solutions and contributing to the final investment decision. The Fram Sør project will be connected to the existing Fram and Troll C infrastructure.

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Exxon vs. Chevron battle sets stage for oil industry’s race for prize assets: Bousso

Oil & Gas 360º

The Guyanese field’s production has soared from zero in 2019 to 668,000 barrels per day by the end of March 2025, and is forecast to nearly double to 1.3 million bpd by the end of 2027. These firms replenish their reserves not only to grow output but also to offset existing fields’ natural decline. government in 1911.

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Permian Basin Gets Nitrogen Rejection Unit

Permian Basin Oil and Gas Magazine

The new cryo facility will commence operations in Q1 of 2027. BCCK specializes in engineering, procurement, fabrication, and field construction services. BCCK has signed an agreement with ZAP Engineering and Construction Services Inc. to deliver a 45 MMSCFD NiTech Dual Tower Nitrogen Rejection Unit (NRU) and oil removal system.

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Johan Sverdrup Phase 3 investment decision

Oilfield Technology

Johan Sverdrup is the largest oil-producing field in Norway and ranks among the world’s most carbon-efficient oil fields. The field is operated by Equinor, with Aker BP holding a 31.6% Total investments are estimated at NOK 13 billion, with production expected to commence in the fourth quarter of 2027.