Oil & gas news

Plexus said the order will generate US$1 million in revenue and pave the way for further opportunities in the region.

The US Energy Information Administration has reported that US production of associated natural gas increased 7.9% in 2023 compared with 2022, according to data from Enverus Drillinginfo.

TechnipFMC has been awarded an integrated Engineering, Procurement, Construction, and Installation contract by TotalEnergies for its GranMorgu project on Block 58, the first oil and gas development offshore Suriname.

The investment was co-led by Harpoon Ventures and Refactor Capital, with participation from Pathbreaker, BoxGroup, Seraphim, Plug and Play, Impact First and Climate Capital.

GeoPark Ltd, an independent Latin American oil and gas explorer, operator, and consolidator, has announced the successful start of production in the Confluencia Norte Block (GeoPark non-operated, 50% WI) in Rio Negro, Argentina.

QatarEnergy has entered into an agreement with Chevron to acquire a 23% working interest in the concession agreement for the North El-Dabaa (H4) Block, in the Mediterranean Sea offshore Egypt.

More than 20 wells plugged and abandoned for North Sea client, engineered in 2023 and executed in 2024.

ADNOC has announced the award of contracts valued at AED720 million ($196.2 million) for local manufacturing of a wide range of products across its value chain. The announcement was made at ADNOC’s Business Partnership Forum which was held on the sidelines of ADIPEC.

Pantheon Resources plc, an oil and gas company developing the Kodiak and Ahpun oil fields in close proximity to pipeline and transportation infrastructure on Alaska's North Slope, has announced the spudding of the Megrez-1 well to explore the eastern topsets in the Ahpun field, immediately adjacent to pipeline and road infrastructure.

Equinor has signed an agreement to acquire Sval Energi’s 11.8% share in the Halten East Unit. With this acquisition, Equinor increases its ownership to 69.5%.