The landmark agreement establishes the UK’s first commercial-scale lease of the seabed for permanent offshore CO2 storage and associated pipeline infrastructure, providing a template for future carbon capture and storage (CCS) projects around the UK’s coastline.
Amir Samoiloff, CEO of SIGA, explores how, in cyber incidents, the real operational risk often comes not from immediate physical damage but from the inability to quickly verify the true physical state of assets.
DNV approval validates ModuSpec’s integrated Argus well control assurance platform, paving way for deployment in the Norwegian offshore market.
Chevron’s South N’dola Platform in Angola delivered first oil in December. The milestone comes just over two years after construction on the platform began.
Petrobras announces that, in 2025, its oil production reached 2.40 million bpd, exceeding the upper limit of the target (+4%) set in its 2025 - 2029 Business Plan by 0.5 percentage points.
Electricity demand growth is surging as data centres are becoming the new 'industrial load' of the artificial intelligence (AI) economy, and their electricity consumption is projected to double to 800 - 1000 TWh by 2030.
CNR International fined £250 000 for excessive venting; NEO fined £100 000 for attempting well abandonment without consent.
Marine seismic innovations business PXGEO has strengthened its senior leadership team with two key appointments to drive operational excellence across its global operations.
Equinor has been awarded 35 new production licenses by the Ministry of Energy in this year's APA, Awards in Predefined Areas.
Purpose-built for customers: FARO CREAFORM, turning portable and automated dimensional measurement into strategic advantage for manufacturers, and FARO INSIGHT, transforming captured reality into trusted insight for construction, public safety, and geospatial professionals.
His addition to the Board strengthens Sentinel’s strategic leadership as the company continues its global expansion.
This contract marks fifth pre-commissioning scope for offshore Guyana.
Exploration spending faces pressure as industry pivots to strategic acreage deals, giant field redevelopment, and next-generation geothermal commercialisation.
By revitalising existing seismic and well data, this project will advance the understanding and promotion of Malta’s offshore petroleum potential in the Central Mediterranean.
Mitchell Wallace, Managing Partner at StreamLynk Partners, a partner of Vroozi, suggests that while procurement perfects compliance metrics, operations burns millions waiting on materials.
TotalEnergies (35%, operator) and its partners Eni (35%) and QatarEnergy (30%) have signed an agreement with the Lebanese government to enter Block 8 exploration permit offshore Lebanon.
The report identifies five key themes that will shape the upstream sector in 2026 as operators balance capital discipline with strategic portfolio positioning for the 2030s.
These agreements lay the foundation for safe and competitive operations at Equinor’s offshore installations and onshore plants in the years to come.
Venezuelan production recovery faces decade-long timeline despite near-term supply gains, Wood Mackenzie finds.
The combination of new 3D data acquisition, reprocessing of legacy surveys and faster permitting is offering clearer geological insight and reducing risk – giving governments and investors renewed confidence in frontier exploration.
Nexans has successfully completed the high-voltage subsea cable installation on the Tyrrhenian Link Project in Italy, confirming a world-record installation depth of 2150 m for a 500 kV high-voltage direct current (HVDC) subsea cable.
The Nashville exploration well was drilled more than five miles beneath the seabed and confirmed high-quality oil in one of the Gulf’s most promising deepwater formations.
Julie Copland, Head of Wells, Elemental Energies, and Iain Farrow, Elemental Archer JV Manager, answer questions regarding decommissioning oil and gas assets.
Estimates indicate 600 billion ft3 of gas initially in place (GIIP) with a potential upside beyond 1 trillion ft3.
With Congo LNG Phase 2 starting operations, Congo is gearing-up for accelerated upstream growth.