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Perenco Congo completes five infill wells in the offshore oil field of Congo (Brazzaville)Perenco Congo recently completed drilling five infill wells in the offshore Tchibouela East field in Congo (Brazzaville), increasing daily crude oil production by 6,000 barrels. The campaign concluded at the end of 2025, utilizing offshore drilling t
Big news! A 100-billion-cubic-meter gas field has been discovered in the Sichuan Basin！On May 13, according to the news office of Sinopec, Sinopec’s Deep Earth Project · Sichuan-Chongqing Natural Gas Base achieved another breakthrough. The Ministry of Natural Resources released the mineral exploration results: the proved geological r
Petralon Energy has put the DI-3 well into production at the Dawes Island oil field in Nigeria, increasing daily output to 4,800 barrelsPetralon Energy has recently brought the DI-3 well online at the Dawes Island oil field in Nigeria, raising field production to approximately 4,800 barrels per day. This marks the company’s second production well since the asset first achieved oil ou
Xinjiang Oilfield's Jimsar shale oil drilling breaks two domestic recordsOn May 3, the JHW92-12 well of the Jimsar shale oil field in the Jiqing Oilfield Operation District of Xinjiang Oilfield was successfully completed. With hardcore technology and efficient construction, it broke two domestic shale oil drilling records
Equinor and Orlen have started production at the Eirin field in the Norwegian North SeaNorwegian company Equinor (with a 58.7% stake) and Poland's Orlen Upstream Norway (with a 41.3% stake) have recently started natural gas production from the Eirin field in the North Sea. The field is located about 250 kilometers west of Stavanger, in
China has newly discovered 13 oilfields with reserves of 100 million tons each and 26 gas fields with reserves of 100 billion cubic meters eachOn April 29, according to the National Mineral Yearbook released by the Ministry of Natural Resources, the number of newly discovered mineral deposits such as salt fields across the country increased significantly in 2025. Specifically, China newly d
TotalEnergies advances drilling for the Tilenga oil field development in UgandaThe Tilenga oil field development project in western Uganda, led by France’s TotalEnergies, is moving from the planning phase to execution, with drilling platforms remaining continuously active. Tilenga is part of the oil resource development plan in
Oil giant announces major discovery! Sinopec holds 18% equity
On April 20, 2026, Italian energy giant Eni officially announced a giant natural gas exploration breakthrough at the Geliga-1 exploration well in the Ganal Block of the Kutai Basin, offshore East Kalimantan, Indonesia. Preliminary estimates indicat
Heavy $24 Billion! Oil Giants Bet on African Deepwater
In April 2026, ExxonMobil notified the Nigerian Upstream Petroleum Regulatory Commission (NUPRC) of a massive investment plan, committing up to $24 billion to deepwater projects including Owowo, Bosi, Usan, and Erha. The Bosi project alone will cos
TotalEnergies has discovered a new oil field in the Moho block in Congo, with recoverable resources of nearly 100 million barrelsAfter drilling operations in the Moho license area offshore the Republic of Congo, TotalEnergies EP Congo confirmed a new oil and gas discovery. The resources are located in the Moho G structure and were obtained through the MHNM-6 NFW exploration we
Subsea7 awarded contract for Petrobras' Sepia II oilfield worth over $1.25 billionSubsea7 successfully won a contract from Petrobras through a competitive bidding process to participate in the development of the Sépia 2 oilfield. The oilfield is located in the pre-salt layer of the Santos Basin, approximately 280 kilometers southe
50,000 feet well depth sets a record! ADNOC Offshore signs $30 billion EPC contract for Upper Zakum field expansionAbu Dhabi National Oil Company's offshore subsidiary, ADNOC Offshore, has recently awarded new engineering, procurement, and construction (EPC) contracts to advance the capacity expansion of the Upper Zakum offshore oilfield. The project aims to incr
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