Equinor, Partners Greenlight $2 Billion Investment in North Sea Oil and Gas Project
Wedoany.com Report-Jun 29, Equinor, alongside its Fram partners Vår Energi ASA and INPEX Idemitsu Norge AS, has committed over $2 billion (NOK 21 billion) to develop the Fram Sør subsea p...
KNOC Secures Exploration Rights Extension in Vietnamese Oil Field
Wedoany.com Report-Jun 27, Korea National Oil Corporation (KNOC), a state-run entity, announced on Wednesday, June 25, 2025, that it has secured exploration rights in Vietnam’s second-largest oi...
Var Energi Starts Production at Jotun FPSO at Balder Field
Wedoany.com Report-Jun 26, Var Energi ASA has begun production at the Balder field in the North Sea using the Jotun floating production, storage, and offloading vessel (FPSO). This development extends...
Canada’s Oil Sands to Reach Record Production in 2025, S&P Global Says
Wedoany.com Report-Jun 26, S&P Global Commodity Insights has forecasted that Canadian oil sands production will hit a record 3.5 million barrels per day (bpd) in 2025, a 5 percent increase from the pr...
Monumental Energy Restarts Production at Copper Moki Well in NZ
Wedoany.com Report-Jun 25, Monumental Energy Corp., a Vancouver-based company, announced on Monday that the Copper Moki-2 (CM-2) well in New Zealand’s Taranaki Basin has restarted commercial pro...
Concrete Platform Base Set in Place at Cenovus’ Canadian Field
Wedoany.com Report-Jun 25, Cenovus Energy, a Canadian oil and gas company, completed the installation of a concrete gravity structure (CGS) at its West White Rose field offshore Newfoundland, Canada, ...
Petrovietnam and Partners Sign PSC for Vietnam’s Block 15-1
Wedoany.com Report-Jun 24, Vietnam National Oil and Gas Group (Petrovietnam) and its partners have signed a new product sharing contract (PSC) for Block 15-1, situated on the southern continental shel...
Field Development Update Boosts Rex’s Reserves Estimate off Oman
Wedoany.com Report-Jun 24, Singapore-based Rex International Holding Limited has released an updated independent summary Qualified Person’s Report (QPR) for its Yumna field located in Block 50 o...
‘Significant Milestone’ for BP’s Mega Gas Project as FLNG Moves to Commercial Ops
Wedoany.com Report-Jun 24, Golar LNG, a Bermuda-based operator of LNG midstream infrastructure, has reached a key milestone with the commencement of commercial operations for its FLNG Gimi unit at the...
Equinor’s Barents Sea Field Hits Peak Output 3 Months After First Oil
Wedoany.com Report-Jun 23, Equinor, a Norwegian state-owned energy company, announced that its Johan Castberg field in the Barents Sea achieved full production capacity of 220,000 barrels of oil per d...