Oil & gas news

Equinor has made an oil discovery that will be tied into the Johan Castberg field in the Barents Sea.

Halliburton, in collaboration with ExxonMobil, Sekal, Noble, and the Wells Alliance Guyana team, has achieved the industry’s first fully automated geological well placement with complete rig automation in offshore Guyana.

Rystad Energy analysis shows that in a worst-case scenario, Middle East crude output could fall to approximately 6 million bpd, a region-wide reduction of 70% from the pre-conflict baseline.

Viridien has announced a new regional multi-client data initiative for the offshore basins of India, designed to deliver enhanced, data-driven exploration capabilities to industry operators.

Viridien and BGP have entered into an agreement with the Ministry of Natural Resources of the Cooperative Republic of Guyana to launch a multi-client 3D seismic acquisition and imaging programme across the shallow water acreage lots 2, 3, and 4.

Metatek-Group Ltd has completed an airborne survey of the Kwanza Basin in Angola to support onshore oil and gas exploration in the region.

US marketed natural gas production reached a new record in 2025, growing by 5.3 billion ft3/d to average 118.5 billion ft3/d, according to the U.S. Energy Information Administration’s latest Natural Gas Monthly.

Rystad Energy’s oil market update from Janiv Shah, Vice President, Oil Markets.

Oil price surge above US$115 signals escalation from logistics shock to supply disruption in energy markets, says GlobalData.

30 of the world’s largest companies must find 22 million bpd by 2040. Companies will need to deploy every tool in the business development playbook to square the circle