Oil & gas news
West Africa’s grid transformation to take centre stage at MSGBC 2025
Regional leaders will examine grid integration, regulatory reforms and investment opportunities shaping West Africa’s evolving power market.
Acteon inks three-year Petrobras contract for enhanced mooring asset integrity
Intermoor, Acteon’s Moorings and Anchors business line, has been awarded a three-year contract by Petrobras, following a Memorandum of Understanding (MoU) signed at the Offshore Technology Conference (OTC) in Houston in May 2025.
AkerBP celebrates 10 years of Edvard Grieg
The Edvard Grieg field celebrates ten years of production and introduces a new area name: Eiga.
Organic Oil Recovery technology achieves breakthrough sampling contract in key South America market
Hunting PLC, the precision engineering group, today announces that Hunting Energy Services Production Technology, Inc., Hunting’s recently acquired business which aims to optimise oil reservoir performance and recovery rates, has secured its first sampling and testing contract award in Brazil.
Shell and Equinor complete formation of Adura, which will be the UK’s largest independent North Sea producer
Shell UK Ltd, a subsidiary of Shell plc and Equinor UK Ltd, a subsidiary of Equinor ASA have completed a deal to combine their UK offshore oil and gas operations to form a new company. Adura will be the largest independent producer in the UK North Sea.
TotalEnergies strengthens its global collaboration with Chevron
Further to an ongoing discussion of global exploration opportunities between TotalEnergies and Chevron, TotalEnergies EP Nigeria has signed a farmout agreement to sell to Star Deep Water Petroleum Limited, a Chevron company, a 40% participation in the PPL 2000 and PPL 2001 exploration licenses, offshore Nigeria.
Kongsberg Discovery and MacArtney partner for turnkey ROTV surveying and inspection capability
The agreement, signed today at Kongsberg Discovery’s facility in Horten, Norway, was lauded as “a natural partnership”.
DeepOcean nears completion of Gryphon Alpha FPSO disconnection
Norwegian Ocean services provider DeepOcean is close to finishing a contract from TotalEnergies involving the disconnection and towing of the Gryphon Alpha floating production storage and offloading (FPSO) unit, along with the removal of related subsea infrastructure.
Equinor plans to drill 250 oil and gas wells in Norway by 2035
Equinor CEO Anders Opedal said the move aligns with expectations of continued global demand for fossil fuels.
Eni acquires from YPF shares in the exploration Block OFF-5 offshore Uruguay
The agreement will become effective after the approval of the Uruguayan authorities.