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Petrobras puts 12 new wells into production, with oil and gas output at 3.51 million barrels of oil equivalent per day
Petrobras released its third-quarter operational and production data, confirming that 12 new production wells were put into operation between July and September, with six in the Campos Basin and six in the Santos Basin. As the P-78 and P-79 FPSOs a
Italy's Saipem wins a $121 million offshore drilling contract from EniItalian offshore engineering contractor Saipem has been awarded offshore drilling contracts by two subsidiaries of Eni, with a total value of approximately USD 121 million. The operations will be located in Cyprus’s exclusive economic zone and offsho
Dutch SBM Offshore has accumulated orders for 13 hulls for floating production vessels
Dutch offshore energy engineering company SBM Offshore has disclosed the latest project review for its Fast4Ward standardized hull construction program. The program has ordered a total of 13 floating production, storage and offloading (FPSO) hulls,
Australia’s Santos lowers its 2026 production forecast to 99–102 million barrels of oil equivalentAustralian oil and gas producer Santos has lowered its full-year 2026 oil and gas production guidance from 99–105 million barrels of oil equivalent to 99–102 million barrels of oil equivalent, mainly due to production interruptions during the ramp-up
Cumulative oil production at Brazil’s Bacalhau oilfield has reached 25 million barrelsOn the first anniversary of production start-up at Brazil’s Bacalhau field, Equinor disclosed that the field has produced a cumulative 25 million barrels of crude oil and completed 25 crude oil offloading operations. The field is located in the pre-s
The cumulative oil production from the secondary development of the Liuhua Oilfield, China’s first deepwater oilfield, has exceeded 2 million metric tons. SAGA’s deoiling hydrocyclones are involved
The cumulative crude oil production of the secondary development project of the Liuhua Oilfield—China’s first deepwater oilfield—has officially exceeded 2 million tonnes. This marks that China’s secondary development model for mature deepwater oilf
Important progress has been made in ultra-deep exploration in the Tarim Basin: Well Zhentan-1 obtained Cambrian source-rock cores at 8,080 meters
Recently, PetroChina’s Tarim Oilfield has achieved a series of important results in ultra-deep exploration and development. The Hade–Fuman Oilfield has made a major breakthrough in cumulative oil and gas production from reservoirs deeper than 6,000
The United States plans to auction 15,100 oil and gas blocks in the Gulf of Mexico, covering 80.4 million acresThe U.S. Bureau of Ocean Energy Management (BOEM) has announced the fourth offshore oil and gas lease sale in the Gulf of Mexico. It plans to offer oil and gas companies approximately 15,104 unleased offshore blocks, with a total area of about 80.4 m
Chevron joins SLB and TotalEnergies’ Arena collaboration on digital subsurface technologiesSLB announced that the Chevron Technology Center has officially joined Arena, the long-term subsurface digital technology collaboration program established by SLB and TotalEnergies in 2024, to participate in the joint development of next-generation d
100-billion-cubic-meter deep coalbed methane field proven in the Sanjiaobei Block, Ordos BasinPetroChina disclosed that the Sanjiaobei Block in Lüliang City, Shanxi Province, has added more than 100 billion cubic meters of proven geological reserves of coalbed methane. The newly added reserves have a contiguous gas-bearing area of 411.5 squar
Valeura Energy has discovered the new Suraphi oil field in the Gulf of ThailandValeura Energy announced the discovery of the new Suraphi oil field near the Manora oil field in Block G1/48 in the Gulf of Thailand. The discovery was made by the Manora-9 offshore exploration well and its sidetrack, located approximately 4.5 km nor
Saudi capital invests $10 billion in Afghanistan's oil and gas!
In September 2026, Saudi Delta Energy (Delta Energy) signed a series of oil and gas exploration and development agreements with Afghanistan, covering exploration in the Kushk-Tirpul Basin in the west, a study on natural gas utilization in Herat, an
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