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Oil & gas news

 

Subsea7 awarded contract offshore US

Subsea7 today announced the award of a sizeable* contract by Shell for the Kaikias Waterflood project. The Kaikias field is a deepwater development in the Mars-Ursa Basin, approximately 210 km off the Louisiana coast in the US.

 
 
 

Petrobras increases Proved Reserves in 2025

Petrobras discloses its proved reserves of oil, condensate and natural gas, according to SEC (US Securities and Exchange Commission) regulation, estimated at 12.1 billion boe, as of December 31, 2025.