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

Oil & Gas 360º

(World Oil) – Global supply of liquefied natural gas is set to surge the most since 2019 next year, primarily driven by production additions in North America, the International Energy Agency said. The increase in supply will accelerate to 7%, or 40 billion cubic meters a year in 2026, following a 5.5%

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How GenAI Will Change Your Oil and Gas Acreage Strategy

Enverus

As the upstream oil and gas sector faces mounting pressure from rising costs and dwindling Tier 1 inventory, the need for smarter, faster and more efficient development strategies has never been greater. ¹ For upstream oil and gas companies, it offers a path to faster decisions, smarter development and more efficient operations.

Gas
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Harbour Energy plc announce first oil achieved at Maria Phase 2, Norway

Oilfield Technology

Embed Tags Embed article link: (copy the HTML code below): Harbour Energy plc announce first oil achieved at Maria Phase 2, Norway This article has been tagged under the following: Subsea news Oil & gas news Advertisement Advertisement Advertisement Advertisement × Close This content is available to registered readers of our magazine only.

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Union Jack Oil plc sign farm-in agreement with Reach Oil and Gas for the Sark Drilling Project

Oilfield Technology

3D supported Sark well will drill a dip and fault closed large structure of 156 acres area and 40 ft relief Estimated recoverable resources of 1 440 000 bbls of oil gross. 3D supported Sark well will drill a dip and fault closed large structure of 156 acres area and 40 ft relief Estimated recoverable resources of 1 440 000 bbls of oil gross.

Oil
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ConocoPhillips announces oil find at Slagugle discovery in Norwegian Sea

Oilfield Technology

The Slagugle oil discovery was initially proven in 2020, with preliminary estimates suggesting resources in the range of 30.8 - 61.6 million bbl of oil equivalent in Triassic reservoir rocks. The Slagugle oil discovery was initially proven in 2020, with preliminary estimates suggesting resources in the range of 30.8 - 61.6

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CNOOC Ltd announces Yellowtail Project commences production

Oilfield Technology

The Liza Phase 1, Liza Phase 2 and Payara Project in Guyana’s Stabroek Block have commenced production, with the block currently producing approximately 650 000 bpd of crude oil. CNOOC Petroleum Guyana Ltd, a wholly owned subsidiary of CNOOC Ltd, holds 25% interest in the Stabroek Block. Please sign in or register for free.

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Navigating the M&A Landscape in 2025: Insights for Small to Mid-Sized Upstream Operators

Enverus

The first quarter of 2025 has seen a remarkable surge in oil and gas mergers and acquisitions (M&A) within the upstream oil and gas sector, with transactions totaling $17 billion. We recently had a webinar on this very topic!