Oil & gas news

Wood Mackenzie releases five charts that spotlight the most significant trends reshaping the sector globally.

The Energy Information Administration (EIA) announced plans to modernise its core short-term forecasting system.

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.

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.

The 4300 km2 high-end data set will bring valuable insight into under-explored structures along the Atlantic Hinge zone, following the same trend as the proven Cameia and Golfinho fields.

The International Well Control Forum (IWCF) has launched a new assurance framework to ensure non-accredited training meets the highest standards, setting a benchmark to support global oil and gas safety.

A Qatar-based oil and gas operator has engaged technology company Vissim to deliver a vessel collision avoidance system using Vissim’s software, thereby enhancing maritime awareness and safety at an undisclosed oil field offshore Qatar.

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.

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.

These are Equinor’s largest discoveries so far this year and can be developed for the European market through existing infrastructure.