Category: Company News

China National Offshore Oil Corporation has announced the commencement of production from the Bozhong 19-2 oilfield development project. 

Eni has secured funding from the UK Government for the Liverpool Bay carbon dioxide (CO₂) transport and storage project.  

Velesto Energy, through its subsidiary, has entered into an MoU with SLB, aimed at enhancing the capabilities of its drilling rigs.  

Enbridge and Shell have announced separate initiatives to construct pipelines servicing bp’s Kaskida oil project in the US Gulf of Mexico.

IndianOil and Nepal Oil Corporation (NOC) have formalised an agreement to facilitate the development of key petroleum infrastructure in Nepal.

Aker BP has successfully confirmed the size of its gas discovery in the Norwegian Sea through appraisal well 6507/2-7 S.

Brazil’s Petrobras and Colombia’s Ecopetrol have reported two major gas discoveries in the country’s offshore basins.

TotalEnergies has signalled a potential reduction in its UK investments in response to the government’s planned increase in windfall taxes.

ADNOC Drilling has established a JV named Turnwell to expedite the development of unconventional oil and gas resources in the UAE.  

China National Offshore Oil Corporation (CNOOC) has commenced production from the Shenhai-1 Phase II natural gas development project.