Norway

INEOS Energy and Shell have partnered to invest in Gulf of Mexico exploration, while Eni reported strong productivity from its Geliga 1 discovery in Indonesia. Santos is advancing its Agogo project in Papua New Guinea, and ConocoPhillips received approval to redevelop several previously producing oil fields in Norway’s Greater Ekofisk Area.

New technical papers suggest advanced robotic systems may not be far away from broad adoption for a large share of offshore inspection and intervention.

The companies will work together to increase future production and value creation at their respective assets in the Norwegian Continental Shelf.

Equinor generated its first revenue from the Adura joint venture with Shell, formed in late 2025, highlighting strong early cash flow from key UK fields including Mariner and Buzzard.

The North Sea project, which is sending production to the nearby Ivar Aasen platform, came online 9 months ahead of schedule.

Equinor said it found between 14 million and 24 million BOE with its most recent exploration well in the Polynya Tubåen prospect.

Equinor cites confined gas behind casing and calibration issues in investigation of Troll field well control incident.

Westwood links 2026 exploration outcomes to policies, with operators offshore Norway finding seven times more resources than those offshore the UK.

The Granat prospect on the Norwegian Continental Shelf may be developed with a subsea tieback to existing infrastructure.

The company's CEO says Europe’s third-largest oil field is entering a natural decline phase.