Petrobras has amended an agreement for the FPSO Cidade de Angra dos Reis in Tupi field, to extend the charter by an additional 5 years.

ConocoPhillips Sabah Gas Ltd. received operatorship of the Kebabangan Cluster Production Sharing Contract offshore Sabah.

Norway’s daily production averaged 2.017 million bbl in December 2024, the Norwegian Offshore Directorate reported.

For several quarters now, we have pointed to expected significant new natural gas demand...those expectations are being realized," said CEO Kim Dang.

ExxonMobil has signed an MoU with the Indonesian government to explore investment in a petrochemical complex in Indonesia with potential nearby CO2 storage opportunities.

OMV has been granted a permit by the Norwegian Offshore Directorate to drill an oil and gas exploration well in the North Sea.