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News
Greater Sunrise Gas Project Targets 2029 Investment Decision
4+ hour, 19+ min ago (96+ words) Offshore Engineer Magazine Published Sep 14, 2026 3:35 am ET The last round of negotiations between East Timor and Australia over the Greater Sunrise gas field were finalized last week and the Southeast Asian nation is hoping to have a final investment decision…...
TotalEnergies Finds Oil in Angola’s Block 17, Grows Interest in Two More
4+ day, 1+ hour ago (249+ words) Published Sep 10, 2026 6:16 am ET TotalEnergies has made a new oil discovery at Acacia-5 in Angola's Block 17 and expects to bring it into production just three months after the June 2026 discovery, while expanding its exploration portfolio with operated interests in two…...
TotalEnergies, Partners to Invest $10b in Angola
4+ day, 16+ hour ago (200+ words) Published Sep 9, 2026 3:34 pm ET French oil major TotalEnergies will invest $10 billion with partners in Angola over the next five years to bolster production across various projects, Chief Executive Patrick Pouyanne said at an oil conference in Luanda on Wednesday. TotalEnergies,…...
Energean’s Profit Rises as Israeli Gas Operations Recover
5+ day, 4+ hour ago (123+ words) Published Sep 9, 2026 3:15 am ET Eastern Mediterranean-focused gas producer Energean posted a 45% jump in first-half profit on Wednesday, helped by a lower tax charge in Italy, and said production had recovered strongly following the restart of operations in Israel. Energean retained…...
Eni's Venezuela Expansion Opens Path to Recover $2.3B Debt
1+ week, 3+ hour ago (527+ words) Published Sep 7, 2026 4:45 am ET Italian oil company Eni has improved its chances of recovering more than $2.3 billion owed by Venezuela with the signing this week of a new oil project deal in the country, analysts said on Friday. After nearly…...
Eni Expands Presence in Uruguay
2+ week, 6+ hour ago (164+ words) Offshore Engineer Magazine Eni Expands Presence in Uruguay Eni has, together with MIWEN (a wholly owned subsidiary of YPF) and the Uruguayan National Oil Company ANCAP, signed an official agreement for the entry in the OFF-5 exploration block offshore Uruguay,…...
China's CNOOC Posts Record First-Half Profit
2+ week, 5+ day ago (345+ words) Published Aug 26, 2026 7:51 am ET Chinese offshore oil and gas major CNOOC posted a record first-half net profit on Wednesday, as higher oil prices driven by the Iran war and rising production boosted earnings. Net profit attributable to shareholders rose 23.4% to…...
Orlen Eyes Acquisitions, New Projects in Norway to Bolster Production
2+ week, 5+ day ago (327+ words) Published Aug 26, 2026 4:57 am ET Polish energy group Orlen aims to double production from its operations on the Norwegian continental shelf, one of its growth areas, through exploration and acquisitions, its upstream chief told Reuters. Wieslaw Prugar in an interview on…...
Aker BP Brings Three Skarv Satellite Fields On Stream
2+ week, 5+ day ago (241+ words) Published Aug 26, 2026 4:09 am ET Aker BP has started production from the Skarv Satellite Project in the Norwegian Sea, bringing the Alve Nord, Idun Nord and Ørn fields on stream one year ahead of their original schedule. The three fields, located…...
Woodside Energy Reports 7% First-Half Profit Increase
2+ week, 6+ day ago (566+ words) Published Aug 25, 2026 3:28 am ET Woodside Energy on Tuesday abandoned a longer-term emissions target and $5 billion in planned clean energy spending by 2030 to focus on its core oil and gas business after reporting a 7% rise in first-half profit. The Australian company…...