Exploration Development

Equinor Makes New Arctic Norway Oil Discovery in Barents Sea

Europe
Norwegian state-owned energy major Equinor has reported a fresh Arctic Norway oil discovery in the Barents Sea, marking another step in its ongoing exploration...

OMV Petrom Joins Black Sea Exploration Project Consortium

Europe
OMV Petrom, the largest integrated energy producer in Southeast Europe, has joined the exploration consortium developing the Han Tervel offshore block in the Bulgarian...

Egypt Adds Gas Wells in Mediterranean Sea and Western Desert

Drilling
The Egyptian oil and gas sector has expanded its production capacity with the addition of new wells to the national gas output network across...

Eni, Nigeria Split OPL 245 Oil Block Into Deepwater Licenses

Africa
Nigerian President Bola Ahmed Tinubu held talks in Abuja with Claudio Descalzi, Chief Executive Officer of Eni, focusing on the company’s operations in the...

Shell, Kazakhstan Sign Oil and Gas Exploration Agreement

Exploration Development
Shell and Kazakhstan have formalized a new partnership focused on oil and gas exploration with the signing of an agreement covering the Zhanaturmys block...

Canada, Equinor Sign Deal to Advance Bay du Nord Project

America
The government of Newfoundland and Labrador announced on 3rd March, 2026 that it had finalized an agreement with Equinor ASA to move forward with...

EU Explores 22tn Cubic Feet Potential of Barents Sea Gas

Europe
A reassessment of the European Union’s Arctic framework could have far-reaching implications for Barents Sea gas, potentially preserving Norway’s role as a nearby, lower-emission...

Subscribe Our Newsletter

White Papers

Embedded SSD Flash Management

Upstream 0
This white paper will explore NAND flash technology and its inherent problems, and explain how proper flash management algorithms can address these issues and...

Enterprise SSD: More Than Just a New Kind of Hard Drive

Upstream 0
SSDs deliver unmatched data center performance. As solid-state drives (SSDs) are increasingly deployed throughout the enterprise, data center and IT managers need to fully...

Efficiency, Visibility and Reliability Keys to lower costs and greater profitability in oil and gas operations

Upstream 0
Falling oil prices and collapsing profit margins are driving the industry to lower costs. Reducing labor costs and gaining supplier concessions can help, but...

Don’t Miss the Unconventional Resource Revolution’s Next Wave

Upstream 0
It's s time for operators developing North America's  unconventional oil and gas reservoirs to embrace a new business model. Today, the typical business model...

About us

Oil & Gas Advancement is a specialized platform delivering latest news and industry insights for the global oil and gas sector. Featuring market intelligence, expert opinions, events and updates, it serves as a trusted and strategic resource for industry stakeholders navigating energy transitions. . . Read More

Resources

Advertise

Subscribe

Copyright © Value Media Group 2026. All rights reserved.