Drilling & production

Four Everllence compressor trains are to be delivered to MODEC for the Hammerhead gas field project.

The strategic move strengthens Elemental Energies’ existing subsurface capability, creating an integrated and unrivalled team spanning geoscience, reservoir engineering, geochemistry and petroleum engineering.

Under the agreement, Aquaterra Energy will deliver a subsea well access solution to support intervention and abandonment activities across 11 wells located offshore Spain.

The project increases affordable, reliable gas for Israel, Egypt and Jordan.

Baker Hughes launches Kantori™, a unified digital autonomous well construction solution.

Rex International Holding Ltd, together with its subsidiaries, has announced that a discovery has been made in the “Knockando Fensfjord” prospect in the Brage Field.

Sarens and its subsidiary in Nigeria, Sarens Buildwell, has positioned itself as the optimal strategic partner for the oil and gas sector due to its strong commitment to the highest international standards of safety and operational excellence.

The rig will be used by MOL to perform drilling of three development wells in the offshore Yumna Field in Block 50, Oman.

Petrobras discloses its proved reserves of oil, condensate and natural gas, according to SEC (US Securities and Exchange Commission) regulation, estimated at 12.1 billion boe, as of December 31, 2025.

As Angola reinvigorates its onshore basins through regulatory reform and flexible licensing, independent oil and gas companies are stepping forward to drive a new wave of inland exploration and production growth.

Superior Energy Services announces entry into definitive agreements to acquire Abaco Energy Technologies.

Single-day freeze-off reaches 17 billion ft3 on 25 January 25, approaching Winter Storm Uri levels as intense cold drives historic price spike.

This agreement sets new fiscal terms allowing to increase the production of these concessions that are currently producing around 370 000 boe/d.

Recent actions by the Syrian government could pave the way for increased oil and gas production this year and beyond, according to a recent insight from Wood Mackenzie.

Investment to fall as Norway projects unwind while UK faces lowest spending in over 50 years.