Petrobras obtains operating license for exploratory research in Amapá Deep Waters
The drill rig is already at the well site, and drilling is expected to start immediately, with an estimated duration of five months.
Drilling & production
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IMI supplies HIPPS for Larsen & Toubro in Saudi Arabia project
IMI equips Larsen & Toubro with safety-critical HIPPS solution for Saudi Arabia Gas Field expansion project.
Production started from Bacalhau, Equinor’s largest international field
With recoverable reserves exceeding 1 billion boe, Bacalhau is the largest international offshore field ever developed by Equinor.
TotalEnergies pursues its gas value chain integration by acquiring producing assets in the Anadarko Basin
TotalEnergies has signed an agreement with Continental Resources to acquire a 49% interest in natural gas producing assets, owned and operated by Continental Resources in the Anadarko Basin, Oklahoma.
Vår Energi is increasing production and reserves from the Gjøa field
Vår Energi ASA has announced an increase in both production as well as recoverable volumes from the Gjøa field (PL153), following the start-up of the Gjøa low pressure project.
Iran adds 10 trillion ft3 of gas to its reserves
A new discovery in the Pazan gas field in southern Iran has been made with 10 trillion ft3 of natural gas, Oil Minister Mohsen Paknejad said on Monday according to his ministry's news outlet Shana.
EIA adjusts forecast for US oil production as producers set a record in July 2025
The US Energy Information Administration (EIA) forecasts in its October Short-Term Energy Outlook (STEO) that US crude oil production will average 13.5 million bpd in both 2025 and 2026, both slightly higher than the agency’s September forecast.
More Drilling & production news
Pantheon: successful completion of fracture stimulation operations for Dubhe-1
Pantheon Resources plc gives a Dubhe-1 operational update.
Wood Mackenzie: North Sea production can remain within emissions targets even if commercial reserves were increased by 50%
Wood Mackenzie analysis reveals that UK Continental Shelf (UKCS) production scope 1, 2 and 3 emissions outperform the Intergovernmental Panel on Climate Change's global net zero emissions pathway by 25 - 50 million t CO2e per annum.
SBM Offshore and Cognite to collaborate on AI for floating production
SBM Offshore and Cognite partner to accelerate AI and data collaboration to optimise floating production operations.
Forum Energy Technologies secures work-class ROV order
The order is scheduled for delivery in late 2025. The equipment will support DOF’s extensive subsea operations in Brazil.
Aker BP and FourPhase deliver industry-first remote solids management project in the North Sea
FourPhase is the very first solids management specialist to perform remote operations offshore.
WellSense sells FiberLine Intervention licence to an oilfield service company
The deal marks the first technology divestment for WellSense and FrontRow Energy Technology Group.
bp approves Tiber-Guadalupe project in the Gulf of Mexico
One of the 8 - 10 major projects expected to start up globally between 2028-2030.
Expro launches remote clamp installation system in North Sea
BP supports breakthrough clamp installation technology as it makes North Sea debut.