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Stonepeak will pay $5.7 billion for 40% interest in the project due for FID later this year.

Terra Drone will support Aramco's operations and Saudi Arabia's technological and economic progress.

The storage permits, the first of their kind, allow the Stratos facility to move forward with plans to capture and store up to 500,000 tonnes of carbon dioxide per year.

Offshore activity is expected to begin in 2027 with first oil from the 20K-psi project slated for 2028.

This paper shares learnings from building a corporate sustainability culture as an infrastructure for environmental and sustainability programs by identifying enablers and challenges common to oil and gas organizations, which are relatively advanced in their sustainability journey.

The strategic buyout of Portugal’s Galp is ADNOC’s first investment in Mozambique as it continues to grow its lower-carbon LNG portfolio.

The acquisition expands INEOS’s US upstream footprint and gives it a minority stake in a pair of deepwater Gulf of Mexico producing fields.

The project is the most northern field offshore Norway to begin production.

Brazil’s ANP extends BW Energy’s contract for the deepwater field from 2031 to 2042, and BW plans to further develop the field.

Plugging operations are scheduled to begin early 2026.