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SLB and Vår Energi expand digital oilfield development collaboration in Norway
SLB and Vår Energi are expanding their cooperation to roll out digital well planning and integrated field development planning solutions across their operations on the Norwegian continental shelf. The two parties previously reduced the cycle time for collaborative well planning from months to day...Read more -
China’s largest offshore shallow lithologic oilfield project has been fully put into operation
On May 27, the first-phase development project of the Kenli 10-2 Oilfield Group, China’s largest offshore shallow lithologic oilfield, was fully put into operation. The oilfield’s daily crude oil output exceeds 2,800 tons, providing important support for the sustained stable production and output...Read more -
Gazprom launches full-scale development of the Chonsk field in Eastern Siberia, with an annual capacity of 2 million tons
Gazprom has announced that the Chonsk oil field cluster in Eastern Siberia has entered the stage of commercial oil production. The production complex put into operation at the field cluster integrates 150 infrastructure projects, including core facilities such as crude oil treatment units, oil pi...Read more -
Perenco Congo completes five infill wells in the offshore oil field of Congo (Brazzaville)
Perenco Congo recently completed drilling five infill wells in the offshore Tchibouela East field in Congo (Brazzaville), increasing daily crude oil production by 6,000 barrels. The campaign concluded at the end of 2025, utilizing offshore drilling techniques such as horizontal wells and U-shaped...Read more -
Big news! A 100-billion-cubic-meter gas field has been discovered in the Sichuan Basin！
On May 13, according to the news office of Sinopec, Sinopec’s “Deep Earth Project · Sichuan-Chongqing Natural Gas Base” achieved another breakthrough. The Ministry of Natural Resources released the mineral exploration results: the proved geological reserves of 235.687 billion cubic meters from t...Read more -
Petralon Energy has put the DI-3 well into production at the Dawes Island oil field in Nigeria, increasing daily output to 4,800 barrels
Petralon Energy has recently brought the DI-3 well online at the Dawes Island oil field in Nigeria, raising field production to approximately 4,800 barrels per day. This marks the company’s second production well since the asset first achieved oil output at the end of 2025. According to the comp...Read more -
Xinjiang Oilfield’s Jimsar shale oil drilling breaks two domestic records
On May 3, the JHW92-12 well of the Jimsar shale oil field in the Jiqing Oilfield Operation District of Xinjiang Oilfield was successfully completed. With hardcore technology and efficient construction, it broke two domestic shale oil drilling records, adding strong momentum to the efficient devel...Read more -
Equinor and Orlen have started production at the Eirin field in the Norwegian North Sea
Norwegian company Equinor (with a 58.7% stake) and Poland’s Orlen Upstream Norway (with a 41.3% stake) have recently started natural gas production from the Eirin field in the North Sea. The field is located about 250 kilometers west of Stavanger, in water depths of 120 meters, with estimat...Read more -
China has newly discovered 13 oilfields with reserves of 100 million tons each and 26 gas fields with reserves of 100 billion cubic meters each
On April 29, according to the National Mineral Yearbook released by the Ministry of Natural Resources, the number of newly discovered mineral deposits such as salt fields across the country increased significantly in 2025. Specifically, China newly discovered 13 oilfields each with reserves of 10...Read more -
TotalEnergies advances drilling for the Tilenga oil field development in Uganda
The Tilenga oil field development project in western Uganda, led by France’s TotalEnergies, is moving from the planning phase to execution, with drilling platforms remaining continuously active. Tilenga is part of the oil resource development plan in the Lake Albert region, operated by TotalEnerg...Read more -
Oil giant announces major discovery! Sinopec holds 18% equity
On April 20, 2026, Italian energy giant Eni officially announced a giant natural gas exploration breakthrough at the Geliga-1 exploration well in the Ganal Block of the Kutai Basin, offshore East Kalimantan, Indonesia. Preliminary estimates indicate that the major discovery holds approximately 5...Read more -
Heavy $24 Billion! Oil Giants Bet on African Deepwater
In April 2026, ExxonMobil notified the Nigerian Upstream Petroleum Regulatory Commission (NUPRC) of a massive investment plan, committing up to $24 billion to deepwater projects including Owowo, Bosi, Usan, and Erha. The Bosi project alone will cost $15-16 billion, the Owowo project $7-8 billion...Read more
