ADNOC has signed agreements with ExxonMobil to expand the capacity of United Arab Emirates (UAE) Upper Zakum field, and with Occidental to explore increasing Shah Gas field鈥檚 capacity, as part of multiple strategic agreements that could potentially enable $60 billion of U.S. investments in UAE energy projects.The agreements include a landmark field development plan with ExxonMobil and INPEX/JODCO to expand the capacity of Abu Dhabi鈥檚 Upper Zakum offshore field through a phased development鈥
With targets to deliver 50GW of offshore wind by 2030, and growing momentum in tidal, wave and floating solar, the UK鈥檚 Clean Power 2030 Action Plan sets out a bold vision. But this transition is far from straightforward. The industry is facing鈥
Indonesian energy company Medco Energi Internasional on Friday started production at its Forel and Terubuk fields in the Natuna Sea, officials said.The two fields are part of the South Natuna Sea Block B and will increase its production by 20鈥
Global energy technology company SLB has launched Electris - a portfolio of digitally enabled electric well completions technologies that boost production and recovery while reducing the total cost of ownership of an asset.Electris completions鈥
Eni has started gas production from the Merakes East field in the Kutei Basin offshore Indonesia, the Italian energy group said on Tuesday in a statement.The field is part of the East Sepinggan block, where Eni holds an 85% operating stake,鈥
EDP Renovaveis, the world's fourth largest wind energy producer, said on Thursday it expects core recurring profit to grow 13% in 2025 on the back of a solid operational performance, despite a 24% drop in net income in the first quarter.The鈥
Uruguay's state-run energy firm Ancap plans to launch a bidding round for natural hydrogen exploration and development by the end of the year, with offers expected in 2026, executives said on Wednesday.Ancap is also exploring a bidding round for carbon capture investment鈥
A consortium led by Exxon Mobil that controls all oil and gas output in Guyana produced 668,000 barrels per day (bpd) of oil last week, the U.S. company's head for the South American country, Alistair Routledge, said during a conference on Tuesday鈥
U.S. offshore producer Beacon 云顶赌场老虎机 Energy expects first oil from its Shenandoah floating production system in June, a company executive said on Tuesday.The floating production unit, which is expected to produce 120,000 barrels of oil per day (bpd)鈥
The U.S. Gulf of Mexico can continue growing oil output even amid geopolitical volatility not seen in decades, oil and gas industry leaders said on Monday.U.S. President Donald Trump's global tariff announcements have since last month contributed鈥
Chinese offshore oil and gas major CNOOC first-quarter net profit fell 7.9%, weighed down by weaker oil prices, though higher output helped stem the decline.Net income for January-March was 36.56 billion yuan ($5.03 billion), versus 39.7 billion yuan in the same period last year鈥
Akrake Petroleum, Rex International's indirect subsidiary, has signed contracts for a Mobile Production Unit (MOPU) and an Aframax tanker to be used as a Floating Storage and Offloading (FSO) unit for its Seme field, off Benin.The MOPU will be converted from a medium-sized drilling rig鈥
Norway's combined oil and gas production declined by 4.9% in March but still exceeded an official forecast for the month by 1.1%, the Norwegian 云顶赌场老虎机 Directorate (NOD) said on Wednesday.Norway is Europe's largest supplier of natural gas and a major producer of oil鈥
Innovation is rampant in the subsea sector, and D-2 Incorporated is a perfect example, branching out into the CTD sector following a request five years ago from the U.S. Navy. Dean Fougere, VP, D-2 Incorporated, discusses with Marine Technology鈥
Chevron has started oil and natural gas production from the Ballymore subsea tieback project in the deepwater Gulf of America.Ballymore, the latest in a series of Chevron projects to start up in the past year, represents another step towards the company鈥檚 goal to produce 300鈥
