In March Equinor ASA said it has put onstream the Halten East field in the Norwegian Sea, increasing Norway’s capacity to export gas to Europe. Halten East, a tie-in to be developed in two phases, holds about 100 million barrels of oil equivalent recoverable reserves, according to the Norwegian majority state-owned energy company.
The start-up of Merakes East aligns with ongoing projects like the Maha field development and newly approved Plans of Development (PoD) for the Northern Hub and Gendalo-Gendang projects. These initiatives reflect Eni’s deepening involvement in Indonesia’s upstream sector in collaboration with SKK Migas, the nation’s Upstream Regulator. This expansion is designed to boost domestic gas supply while optimizing the Bontang LNG plant’s capacity.
Norway produced 355.1 million standard cubic meters a day (MMscmd) of natural gas in February, beating the official forecast by 3.8 percent and rising from January’s 346.1 Mmscmd, the country’s upstream regulator has reported.
However, last month’s gas output is lower than the 360.4 MMscmd logged for February 2024, according to figures published online by the Norwegian Offshore Directorate.
The Nordic country, the European Union’s biggest source of pipeline gas, sold 9.9 billion standard cubic meters (Bscm) February 2025, down 800 MMscm from January 2025.
While it is worth noting that the U.S. is producing more oil and gas than ever before, Trump has repeatedly championed fracking production, promising a boom that will lower energy costs and bolster America’s energy independence.
Shell Trinidad and Tobago Ltd. (Shell), a subsidiary of Shell plc, has taken Final Investment Decision (FID) on the Manatee project, an undeveloped natural gas field in the East Coast Marine Area (ECMA) in Trinidad and Tobago.
The Israeli government has approved plans to more than double the country’s natural gas exports and expand production at the giant Leviathan Gas Field in a bid to improve energy security and strengthen diplomatic ties. Energy Minister Eli Cohen has given the greenlight for the export of an additional 118 billion cubic meters (bcm) of natural gas from the east Mediterranean reserves, more than double the 105 bcm previously approved.
Natural gas production in the Permian Basin hit a record in 2022, the Energy Information Administration reported, with the total at 21 billion cubic feet daily
Venezuela’s state oil company PDVSA has got new management that plans to boost production of crude to 1.17 million barrels daily by the end of the year, Reuters has reported, citing an internal document.