bp starts up seventh major project of 2025
bp has successfully delivered first oil from the Atlantis Drill Center 1 expansion.
Drilling & production
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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.
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.
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.
New discovery makes 2025 a standout exploration year for Aker BP
Aker BP and operator Equinor have made a significant gas and condensate discovery in the Lofn and Langemann wells in the Sleipner area of the North Sea. Gross recoverable volumes are estimated at 30 to 110 million boe.
More Drilling & production news
Equinor makes new discoveries in the North Sea
These are Equinor’s largest discoveries so far this year and can be developed for the European market through existing infrastructure.
The surge in gas production and Africa’s path to economic transformation
If African nations can collectively support upstream scalability, midstream connectivity, and downstream certainty, gas production will not merely surge – it will transform the entire continent for the better.
Wood to help boost gas integration at Equinor’s Snorre field
New US$27 million EPCI contract with Equinor in the Norwegian North Sea.
Rapid development extends the lifetime of Norne
With reserves of 36 million bbls of oil, Verdande helps extend Norne’s production beyond 2030.
West Africa’s grid transformation to take centre stage at MSGBC 2025
Regional leaders will examine grid integration, regulatory reforms and investment opportunities shaping West Africa’s evolving power market.
AkerBP celebrates 10 years of Edvard Grieg
The Edvard Grieg field celebrates ten years of production and introduces a new area name: Eiga.
Organic Oil Recovery technology achieves breakthrough sampling contract in key South America market
Hunting PLC, the precision engineering group, today announces that Hunting Energy Services Production Technology, Inc., Hunting’s recently acquired business which aims to optimise oil reservoir performance and recovery rates, has secured its first sampling and testing contract award in Brazil.
Seatrium awarded second deepwater FPU contract from bp
Seatrium Limited has been awarded a contract from bp for the engineering, procurement, construction and onshore commissioning of the Tiber Floating Production Unit (FPU) project in the Gulf of Mexico.