Oil and Gas
The vessel Obana begins its first decommissioning campaign in the North Sea
The Obana begins offshore operations to decommission platforms in the North Sea with high lifting capacity.
Oil and gas remain fundamental pillars of the global energy system. This category features news covering exploration activities, production developments, strategic investments, and major projects related to the hydrocarbon industry across different regions of the world.
Coverage includes new resource discoveries, expansion of production operations, partnerships between energy companies, and technological advancements supporting exploration and hydrocarbon development. News also highlights market dynamics, corporate strategies, infrastructure projects, and industry initiatives influencing the global supply of oil and natural gas.
Stories in this category reflect how the sector continues to evolve in response to energy demand, technological innovation, and the broader energy transition, while maintaining a central role in the global energy landscape.
Latest Oil and Gas News
Oil and Gas
Petrofac Emirates Acquired by Consortium Led by Mason Capital Management
With support from firms such as Teneo, the process has culminated in a transition that protects both employees and strategic clients in the region.
Oil and Gas
Baker Hughes and Petrobras sign a contract to maintain 19 FPSOs and the Replan refinery in Brazil
The strategic partnership underscores the importance of life-cycle services for highly complex assets.
Oil and Gas
Equinor Expands Johan Castberg with New Discovery at Polynya Tubåen
Equinor discovers between 14 and 24 million barrels at Polynya Tubåen, reinforcing the Barents Sea's potential as a new energy frontier.
Oil and Gas
Petrobras confirms gas discovery in deep waters off Colombia
Petrobras confirms gas accumulation at the Copoazu-1 well in Colombia’s deep waters.
Oil and Gas
Eni drives deepwater gas projects in Indonesia following new FIDs
Eni approves FID for two offshore gas hubs in Indonesia with production scheduled to start in 2028.
Oil and Gas
Sable Offshore resumes crude oil transport in California under federal mandate
The reactivation of crude flow in the Santa Ynez Unit following a federal national energy security order.
Oil and Gas
Monumental Energy Begins Commercial Production at Waihapa H1 Well
Waihapa H1 Well Begins Flowing High-Pressure Oil Without Additional Stimulation in Taranaki Basin
Oil and Gas
Angola announces the start of production at the Quiluma field
Angola's first non-associated gas field will supply 2 million tons of LNG annually to Europe and Asia.
Oil and Gas
Venezuela Signs Oil Agreements with Repsol and Eni to Produce Gas
The reactivation of the Cardón IV field will enable Venezuela to position itself once again as a key gas exporter in the regional market.
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