CNOOC Limited produced a record 398.7 MMboe in the first half of 2026, up 3.7% year over year, as new offshore projects and exploration gains supported production growth in China and overseas.
Technip Energies has secured a detailed engineering contract from Larsen & Toubro Energy Hydrocarbon (LTEH) for a major ADNOC Offshore project in the United Arab Emirates.
Eco (Atlantic) Oil & Gas and Navitas Petroleum estimate that Block 1 CBK offshore South Africa contains more than 3.6 Bbbl of unrisked prospective oil resources and approximately 4.5 Tcf of prospective natural gas resources.
SLB has launched two artificial lift technologies for U.S. land operations aimed at improving equipment life and production performance in mature and challenging well environments.
Aker BP has started production from the Alve Nord, Idun Nord and Ørn fields in the Norwegian Sea, bringing approximately 120 MMboe of recoverable resources online one year ahead of the original schedule.
The world’s biggest oil refiner, China’s state-held Sinopec, is looking to transform its business as domestic fuel sales crumble amid the electric vehicle boom.
Ehab Mukhtar, CEO of PetroGas, talks to The Energy Year about the company’s technology-focused portfolio and opportunities emerging from Libya’s new energy investment cycle.
Jacky Massaglia, senior vice president for North America at Vallourec, talks to The Energy Year about domestic tubular manufacturing, the expansion of premium threading capacity in Ohio and Vallourec’s role in supplying next-generation geothermal projects.
Norwegian companies Equinor ASA, Aker BP ASA and Vår Energi ASA on Monday announced a collaboration to explore the largest remaining reserves in the country’s waters to sustain production as existing developments become depleted.
North America dropped eight rigs week on week, according to Baker Hughes’ latest North America rotary rig count, which was released on August 21.