News

Equinor, partners greenlight $1.3 billion investment for Johan Sverdrup Phase 3

July 01, 2025
Equinor and Aker BP are investing NOK 13 billion (~$1.29 billion USD) in the third phase of Johan Sverdrup, one of the world’s most carbon-efficient oil fields. New subsea infrastructure will increase recovery by 40–50 million barrels of oil equivalent (boe).

Iran conflict does little to change oil market trajectory, S&P Global says

July 01, 2025

Shell-led LNG Canada ships first export cargo

July 01, 2025

U.S. Senate’s passage of OBBBA a ‘win for American energy,’ say industry reps

July 01, 2025

SOGC launches new tech with up to 95% effectiveness for oil and gas detection

July 01, 2025

Industry leaders to converge in Dubai for Middle East Gas Conference 2025

July 01, 2025

Streamline your magnetic particle inspection process with Magnaflux

July 01, 2025

Fugro awarded $340 million in Petrobras contracts for Brazil subsea inspections

June 30, 2025

ADNOC Drilling secures five-year, $800 million contract for oilfield services

June 30, 2025

Danos awarded production services contract for new deepwater facility

June 30, 2025

Argentina must give up 51% controlling stake in YPF, judge rules

June 30, 2025

Major Canadian oil site vents most gas since 2021 due to wildfire

June 30, 2025

U.S. oil and gas production reached record highs in April, says EIA

June 30, 2025

Russia's sanctioned Arctic LNG 2 ramps up output to record levels

June 30, 2025

TotalEnergies buys 25% stake in Suriname’s Block 53

June 27, 2025

Colombian firms brace for gas crunch as deficit seen widening

June 27, 2025

Shale drilling drops for longest stretch since 2020 as rig count slips again

June 27, 2025

Bidders emerge for TotalEnergies’ Argentina shale oil acreage

June 27, 2025

SLB OneSubsea wins EPC contract for Northern Lights phase-two CO₂ injection

June 27, 2025

Energy workforce applauds Trump administration’s massive Gulf lease sale

June 27, 2025
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