Fossil Energy – Norway
Equinor is extending key supplier agreements for drilling and well services with a combined value of around NOK 17 billion.
[Read more…] about NOK 17 billion for continued drilling on Norwegian continental shelfThird oil platform offshore California coming online in June
Fossil Energy – Sable Offshore
Sable Offshore has confirmed the timeline for the restart of production from its third platform off the coast of California.
[Read more…] about Third oil platform offshore California coming online in JuneRepsol signs deal with Venezuela to increase production by 50%
Fossil Energy – Venezuela
Repsol has signed an agreement with the Venezuelan government and the state-owned oil company PDVSA, taking control of a production asset in the South American country and paving the way for increased output.
[Read more…] about Repsol signs deal with Venezuela to increase production by 50%Securing higher production from Goliat field
Fossil Energy – Goliat Gas Export
Vår Energi has submitted an amended Plan for Development and Operation (PDO) for the Goliat Gas Export (GGE) project to the Ministry of Petroleum and Energy in Norway together with our partner Equinor.
[Read more…] about Securing higher production from Goliat fieldIntegrated EPC contract for Deepwater Development
Fossil Energy – EPC Contract
SLB announced today that its OneSubsea joint venture has been awarded a multi-well, integrated engineering, production, and construction (EPC) contract by China National Offshore Oil Corporation (CNOOC).
[Read more…] about Integrated EPC contract for Deepwater DevelopmentJFE Engineering launches Japan’s domestic monopile production
Wind Energy – Monopiles
Japan’s offshore wind supply chain has reached a major milestone as JFE Engineering officially begins production of monopile foundations for a live Round 2 offshore wind project.
[Read more…] about JFE Engineering launches Japan’s domestic monopile productionStart-up of Lapa South-West offshore Brazil
Fossil Energy – Start-up
TotalEnergies announces the start-up of the Lapa South-West project, located in the Santos Basin, approximately 300 kilometers offshore Brazil.
[Read more…] about Start-up of Lapa South-West offshore BrazilHighest net output in over 40 years for ExxonMobil
Fossil Energy – Production
ExxonMobil yesterday announced that its net production reached the highest level in more than 40 years in 2025, with Guyana a central contributor as the company reported full-year earnings of US$28.8 billion.
[Read more…] about Highest net output in over 40 years for ExxonMobilNorway braces for Oil and Gas slowdown as investment falls
Fossil Energy – Norway
Norway’s offshore oil and gas production is expected to remain broadly stable in 2026, but a sharp decline in investment is signalling a slowdown in activity and a gradual fall in output later this decade, the country’s energy regulator said on Thursday.
[Read more…] about Norway braces for Oil and Gas slowdown as investment fallsExxon studies Venezuela return as Chevron plots increase in production
Fossil Energy – Venezuela
Exxon Mobil CEO Darren Woods said on Friday the U.S. oil major is ready to evaluate a potential return to Venezuela in what would be a stunning development after its assets in the South American country were nationalized nearly 20 years ago.
[Read more…] about Exxon studies Venezuela return as Chevron plots increase in production