Oil & gas news

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.

Shell Brasil Petróleo Ltda. (Shell Brasil), a subsidiary of Shell plc, has secured additional equity in Brazil’s pre-salt oil projects following an auction led by Pré-Sal Petróleo.

US Lower 48 rig count to fall below 500 while gas assets drive M&A rebound in 2026.

With 17 high impact wells completed in 2025, Africa will need significant investment to support natural gas demand in the near-medium term.

Egill Abrahamsen, Vice President and Principle Drilling & Well Specialist, Sekal AS, Norway, details how advanced, real-time predictive monitoring systems are transforming offshore drilling operations.

Share buybacks at risk as companies face toughest strategic balancing act yet.

The certification applies to Saipem’s entire offshore asset portfolio, including construction vessels, drilling ships and platforms, floating production and storage units, as well as related onboard equipment – such as pipe-handling systems, cranes, mobile equipment and ROVs – and support activities at logistics bases and offices.

This latest addition to the 6700 Friction Flow Loop product line delivers advanced testing capabilities in a portable, space-saving design.

Saipem announces that Aker BP has exercised a new option to extend the contract for the semi-submersible drilling unit Scarabeo 8, prolonging its deployment for an additional year.