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16 Dec 25 |
PNG LNG project finance facility repaid in full Santos has announced that the PNG LNG Joint Venture (Santos 39.9 per cent interest) has accelerated the final repayment under the PNG LNG project finance facility, bringing the facility to a close. |
16 Dec 25 |
US: Shell invests in Kaikias waterflood to unlock production in Gulf of America Shell Offshore, a subsidiary of Shell, has taken a final investment decision (FID) on a waterflood project at its Kaikias field in the US Gulf of America. Water will be injected to displace additional oil in the reservoir formation which supplies production to Shell’s Ursa platform in the Mars Corridor. |
16 Dec 25 |
Norway: PPF Project sanctioned - strengthening production in the Greater Ekofisk Area Vår Energi and licence partners announce that the Previously Produced Fields (PPF) Project in the Greater Ekofisk Area is sanctioned. The project will add high value barrels from 2028 onwards and strengthen production life of the Greater Ekofisk Area. |
15 Dec 25 |
Australia: Central Petroleum signs LOI for new drilling and long-term gas supply at Mereenie and Palm Valley Central Petroleum has entered into a binding Letter of Intent with the Northern Territory’s Power and Water Corporation which includes in-principle terms for long-term, firm gas supply of up to 25.5 PJ (Central share) of gas from the Mereenie and Palm Valley fields through to the end of 2034. |
15 Dec 25 |
US: Buccaneer Energy announces update on development in the Fouke area of the Pine Mills field AIM_listed Buccaneer Energy, an international oil & gas exploration and production company with development and production assets in Texas, USA, has provided an operational update regarding the next phase of development in the Fouke area of the Pine Mills field |
15 Dec 25 |
Brazil: BW Energy signs long-term lease for the Maromba drilling and wellhead platform BW Energy has announced that the short-term lease for the Super Gorilla class jack- up rig BW MAROMBA B signed in September 2025 has been successfully converted into a long-term project lease agreement with Minsheng Financial Leasing Co. |
15 Dec 25 |
Australia: TechnipFMC awarded significant contract for Subsea 2.0® production systems for Chevron’s Gorgon Stage 3 project TechnipFMC has been awarded a significant contract for Subsea 2.0® production systems by Chevron for the Gorgon Stage 3 brownfield project offshore Australia. |
