Oil and Gas
Equinor hands over control of the pilgrim field to PRIO
The Peregrino field has produced more than 300 million barrels since 2011.
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
Pemex and IMP join in program to reduce methane emissions
Both institutions are leading a technical workshop with the World Bank to strengthen national capacities in emissions mitigation in the energy sector.
Oil and Gas
Pemex reuses dry gas and avoids the flaring of 35 million cubic feet of gas
Nuevo Pemex Gas Processing Complex improves energy efficiency with portable motor compressors to reduce emissions and costs
Oil and Gas
Ocean Installer expands its presence in the Balder Next project
Vår Energi awards key contract to Ocean Installer to advance the subsea development of the Balder field in the North Sea.
Oil and Gas
Petrobras and Amazônica Energy sign historic Amazon LNG agreement
The contract will enable the distribution of liquefied natural gas on a small scale in remote regions of northern Brazil.
Oil and Gas
Venture Global closes 20-year LNG supply agreement with Greece
Since 2022, Venture Global has scaled up its international presence as a strategic supplier of liquefied natural gas.
Oil and Gas
Aker BP assumes lead role in Kjøttkake field development following agreement with DNO
Aker BP will operate Kjöttkake with the objective of accelerating its development by leveraging connections to infrastructure installed in Alvheim.
Oil and Gas
Allseas to install key subsea pipeline in the Gulf of Mexico
With more than 8,000 km of pipelines installed, Allseas strengthens the export infrastructure in the Gulf of Mexico.
Oil and Gas
NOC announces oil discovery in Libya together with OMV
OMV Austria achieves its first find in Block 106/4, with initial production in excess of 4,200 barrels per day.
Oil and Gas
Petrobras awards Allseas contract for subsea development in Atapu-2 field
The design and installation of 143 km of ultra-deepwater pipelines will boost offshore production in Brazil.
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