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Minor increase in oil and gas resources on NCS

Thursday, February 20 2025

Fossil Energy – Norway

Total petroleum resources on the Norwegian continental shelf (NCS) saw a minor increase last year, according to last year’s inventory – the Resource Accounts for 2024.

[Read more…] about Minor increase in oil and gas resources on NCS

Filed Under: International projects, NCS, Norway, Oil and Gas, Production, Resources Tagged With: NCS, norway, Oil and Gas, production, Resources

Exxon to produce up to 180,000 bpd of oil at Guyana project

Wednesday, February 19 2025

Fossil Energy – Guyana

A consortium led by U.S. major Exxon Mobil plans to produce up to 180,000 barrels per day (bpd) of oil and 95 million cubic feet per day (mmcfd) of gas at its seventh project in Guyana, Hammerhead.

[Read more…] about Exxon to produce up to 180,000 bpd of oil at Guyana project

Filed Under: ExxonMobil, Guyana, International projects, Oil and Gas, Production Tagged With: Exxon, Guyana, Oil and Gas, production

Trump creates council for ‘energy dominance’

Wednesday, February 19 2025

Fossil Energy – USA

Last Friday President Donald Trump signed an executive order formally creating a National Energy Dominance Council and directed it to move quickly to drive up already record-setting domestic oil and gas production.

[Read more…] about Trump creates council for ‘energy dominance’

Filed Under: Energy Dominance, executive order, International projects, Oil and Gas, Trump, USA Tagged With: Energy Dominance, Executive Order, Oil and Gas, Trump, USA

Equatorial Guinea plans licensing round in 2025

Wednesday, February 12 2025

Fossil Energy – Equatorial Guinea

Equatorial Guinea is taking decisive steps to revitalise its upstream sector, with plans to launch a new licensing round in 2025 aimed at increasing exploration and production.

[Read more…] about Equatorial Guinea plans licensing round in 2025

Filed Under: Equatorial Guinea, Exploration, International projects, Licenses, Oil and Gas, Production Tagged With: Equatorial Guinea, exploration, licensing round, Oil and Gas, production

Shell restarts production from Penguins field

Tuesday, February 4 2025

Fossil Energy – Penguins Field

Shell has restarted production at the Penguins field in the UK North Sea with a modern floating, production, storage and offloading (FPSO) facility.

[Read more…] about Shell restarts production from Penguins field

Filed Under: FPSO, International projects, Oil and Gas, Penguin Field, Production, redevelopment, Shell Tagged With: FPSO, Oil and Gas, Penguins Field, production, redevelopment, Shell

CNOOC starts production at Dongfang 29-1 gas field

Wednesday, January 29 2025

Fossil Energy – Dongfang

The China National Offshore Oil Corporation (CNOOC) has begun production at the Dongfang 29-1 gas field development project in the South China Sea.

[Read more…] about CNOOC starts production at Dongfang 29-1 gas field

Filed Under: China, CNOOC, Dongfang gas field, International projects, Oil and Gas, Production, South China Sea Tagged With: china, CNOOC, Dongfang, Oil and Gas, production, South China Sea

Doug Burgum emphasizes energy production for US security

Saturday, January 18 2025

General – US Politics

Donald Trump’s pick to lead the Interior Department, Doug Burgum, said on Thursday he will vigorously pursue the president-elect’s goals of maximizing energy production from U.S. public lands and waters, calling it key to national security.

[Read more…] about Doug Burgum emphasizes energy production for US security

Filed Under: Donald Trump, Electricity, Energy production, Energy Trading, Energy Transition, International projects, Oil and Gas, Politics, US Senate, USA, wind energy Tagged With: Donald Trump, electricity, energy production, Oil and Gas, Politics, U.S. Senate, USA, wind energy

Gas discovery in Barents Sea

Friday, January 17 2025

Fossil Energy – Gas Discovery

Vår Energi ASA and its partners found gas in the Elgol prospect; however, preliminary estimates indicate that the discovery is not profitable given current price assumptions.

[Read more…] about Gas discovery in Barents Sea

Filed Under: Barents Sea, Elgol, Gas development, Gas discovery, Oil and Gas, Vår Energi Tagged With: barents sea, Elgol prospect, Gas discovery, Oil and Gas, Var Energy

Talos Energy encountered oil, natural gas at Katmai well in Gulf of Mexico

Thursday, January 16 2025

Fossil Energy – Drilling

Talos Energy has announced that the Katmai West #2 well located in the Ewing Bank area of the U.S Gulf of Mexico successfully encountered commercial quantities of oil and natural gas.

[Read more…] about Talos Energy encountered oil, natural gas at Katmai well in Gulf of Mexico

Filed Under: Gulf of Mexico, International projects, Katmai Well, Oil and Gas, Talos Tagged With: gulf of mexico, Katmai well, Oil and Gas, Talos Energy

Axess Group secures contracts for guided wave ultrasonic testing

Tuesday, January 14 2025

Fossil Energy – Testing

The Axess Group from Norway has secured significant contracts with two major Oil & Gas companies for guided wave ultrasonic testing.

[Read more…] about Axess Group secures contracts for guided wave ultrasonic testing

Filed Under: Axess Technologies, International News, Oil and Gas, Ultrasonic testing Tagged With: Axess, norway, Oil and Gas, ultrasonic testing

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