An appraisal well has confirmed the Carmen gas-condensate discovery offshore Norway, with recoverable resources estimated at up to 107 MMboe. Partners are now evaluating tieback development options and additional drilling in the North Sea. SourceContinue Reading

Perenco has advanced the Su Tu Trang Phase 2B development offshore Vietnam with a new gas sales agreement, paving the way for a project expected to deliver more than 600 Bcf of natural gas and support the country’s growing energy needs. SourceContinue Reading

Chevron has signed a 20-year agreement to supply power to a Microsoft-operated data center from a planned 2.67-GW West Texas project, highlighting the growing role of Permian natural gas in supporting AI-driven electricity demand. SourceContinue Reading

Tampnet has been awarded contracts to provide subsea fiber and 5G connectivity for two deepwater developments in the U.S. Gulf. The projects are part of a broader network expansion that will add 400 km of subsea fiber infrastructure and increase offshore digital connectivity across the region. SourceContinue Reading

IPAA has awarded its highest honor, the Chief Roughneck Award, to Kaiser-Francis Oil CEO Buddy Kleemeier, recognizing a career that helped shape the U.S. independent oil and gas sector. SourceContinue Reading

Two years after first oil, Woodside is weighing a Sangomar expansion that could add 250 MMbbl of recoverable resources and further strengthen Senegal’s position as one of West Africa’s fastest-growing offshore producers. SourceContinue Reading

Despite Iran’s announcement that the Strait of Hormuz is closed, millions of barrels of crude continue to move through the critical shipping lane. The conflicting signals highlight the uncertainty still facing global oil markets as U.S.-Iran negotiations get underway. SourceContinue Reading

Ivory Coast is strengthening its position as one of Africa’s fastest-growing upstream markets, with Eni’s Baleine expansion, new offshore drilling campaigns and growing international investment interest helping drive the country’s next phase of oil and gas growth. SourceContinue Reading

Just days after agreeing to reopen the Strait of Hormuz, Iran says it has closed the critical waterway again, citing alleged violations of a Lebanon ceasefire. While tanker traffic continues, the move underscores the uncertainty still hanging over global oil flows, shipping activity and U.S.-Iran negotiations. SourceContinue Reading

Iran has shipped an estimated 20 million barrels of crude oil this week from the port of Chabahar, signaling a rapid return of exports following the interim U.S.-Iran agreement and adding fresh supply to global oil markets. SourceContinue Reading