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18 Dec 25
Colombia: Arrow Exploration announces appraisal well M-HZ7 results
Arrow Exploration has provided an update on the operational activity at the Mateguafa Attic field on the Tapir Block in the Llanos Basin of Colombia.
18 Dec 25
Norway: DNO Agrees North Sea oil offtake with Exxon Mobil and Shell, unlocks attractive financing
DNO, the Norwegian oil and gas operator, has placed its North Sea oil production with subsidiaries of Exxon Mobil Corporation and Shell effective 1 January 2026 and secured related offtake financing facilities for up to USD 410 million.
18 Dec 25
Norway: Sustaining long term production with ten high quality project sanctions in 2025
Vår Energi is progressing the portfolio of early-phase projects, sanctioning a total of ten development projects this year. These developments form part of the Company's early-phase portfolio of around 30 high quality projects. The projects are adding high value barrels to sustain production of between 350 and 400 thousand barrels of oil equivalent per day (kboepd) towards 2030 and beyond.
17 Dec 25
Norway: Vår Energi completes nine out of nine growth projects in 2025 - driving transformational growth in 2025
Vår Energi has announced the successful start-up of Balder Phase V and the completion of Åsgard Low Pressure Production Phase 3 (LPP3). With the Åsgard LPP3 project start-up scheduled for December, the Company has delivered on its commitment to complete nine out of nine growth projects in 2025, marking a year of transformational progress for Vår Energi.
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.



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