Wood Mackenzie: Five mega-trends reshaping the global energy and resources landscape in 2025
Wood Mackenzie releases five charts that spotlight the most significant trends reshaping the sector globally.
The latest upstream news
This spotlight session reviews and discusses Nanoprecise’s recent article for Oilfield Technology, entitled ‘Powering Oil and Gas Operations with AI’
EIA launches STEO modernisation; revises natural gas forecast on cold snap
The Energy Information Administration (EIA) announced plans to modernise its core short-term forecasting system.
Rystad Energy: US shale braces for next consolidation wave as smaller players seek scale
New wave of consolidation is coming for small- and medium- sized US shale producers.
TotalEnergies concludes agreement with Galp to enter as operator in the prolific PEL 83 license, including the Mopane discovery
TotalEnergies and Galp agreed to launch an exploration and appraisal campaign including three wells over the next two years, with a first well planned in 2026, to further derisk resources and progress diligently toward the development of the Mopane discovery.
Upcoming oil events
Subsea Expo 2026
04 Feb 2026 - 05 Feb 2026
P&J Live
The Event Complex Aberdeen (TECA),
E Burn Rd,
Aberdeen,
AB21 9FX,
United Kingdom
World Pipelines CCS Forum - London 2026
18 Mar 2026 - 18 Mar 2026
Park Plaza, London Riverbank
18 Albert Embankment,
Vauxhall,
City of London,
SE1 7TJ,
United Kingdom
ProSep continues Middle East growth trajectory through New Saudi Order
Demonstrating its commitment to helping operators achieve higher production performance in the Middle East, ProSep, a provider of field-proven process separation solutions, has announced receipt of a new contract for its proprietary mixing technology.
Viridien announces new seismic reimaging programme over block 22 offshore Angola to support upcoming licensing round
The 4300 km2 high-end data set will bring valuable insight into under-explored structures along the Atlantic Hinge zone, following the same trend as the proven Cameia and Golfinho fields.
IWCF launches ‘Quality Assured’ to raise the bar for global oil and gas well control training and safety
The International Well Control Forum (IWCF) has launched a new assurance framework to ensure non-accredited training meets the highest standards, setting a benchmark to support global oil and gas safety.
Vissim engaged at Qatari offshore field
A Qatar-based oil and gas operator has engaged technology company Vissim to deliver a vessel collision avoidance system using Vissim’s software, thereby enhancing maritime awareness and safety at an undisclosed oil field offshore Qatar.
TotalEnergies merges its upstream business with NEO NEXT, creating the largest independent oil and gas producer in the UK
TotalEnergies has signed an agreement with NEO NEXT Energy Limited (NEO NEXT) under which TotalEnergies will merge its Upstream business with NEO NEXT and become the leading shareholder in the expanded NEO NEXT, which will be renamed NEO NEXT+, with a 47.5% ownership.
Jasmine Energy raises US$25 million in a bond issue for Oman drilling campaign
Rex International Holding Ltd, together with its subsidiaries, is pleased to announce that its subsidiary, Jasmine Energy Ltd (JEL), has successfully raised US$25 million in senior secured bonds with a three-year tenor.