Latest Oil Gas Exploration And Production News

Page 11 of 17
Finder Energy is fast-tracking development of the Kuda Tasi and Jahal oil fields in Timor-Leste, targeting initial production rates of up to 40,000 barrels per day and 10 million barrels in the first 18 months. A strategic alliance with SLB is key to accelerating engineering and reducing project risks.
Maxwell Dee
Maxwell Dee
1 Sept 2025
Horizon Oil and its partners have secured a ten-year extension for the Maari oilfield permit in New Zealand, enabling continued production and strategic planning through 2037. This comes as the field hits its highest output in over five years.
Maxwell Dee
Maxwell Dee
27 Aug 2025
Karoon Energy has significantly upgraded its Baúna Project 2P Reserves by 35%, extending the field’s economic life by seven years to 2039, driven by the recent FPSO acquisition and improved reservoir performance.
Maxwell Dee
Maxwell Dee
27 Aug 2025
Australis Oil & Gas reported a reduced half-year loss and positive cash flow despite lower production, while actively seeking a development partner for its Tuscaloosa Marine Shale assets.
Maxwell Dee
Maxwell Dee
26 Aug 2025
FAR Limited reported a sharp turnaround to a $1.8 million loss in H1 2025, driven by a $6 million claim from Woodside Energy over its Senegal RSSD Project sale. The company continues negotiations amid volatile oil prices impacting its receivables.
Maxwell Dee
Maxwell Dee
25 Aug 2025
Santos Limited reported robust first-half 2025 results, underpinned by strong cash flow and disciplined cost management, while accelerating the start-up of its Pikka phase 1 project to early 2026. The company declared a higher interim dividend, reflecting confidence in its growth trajectory.
Maxwell Dee
Maxwell Dee
25 Aug 2025
Santos Limited reports a 31% drop in net profit for H1 2025 despite increased sales volumes and progress on key projects, while receiving a non-binding acquisition proposal from an Abu Dhabi-led consortium.
Maxwell Dee
Maxwell Dee
25 Aug 2025
Melbana Energy is set to commence drilling the Amistad-2 well in Cuba, aiming to boost production and prepare for its first crude export later this year.
Maxwell Dee
Maxwell Dee
21 Aug 2025
Woodside Energy Group Ltd has reported a robust first half of 2025, marked by strong production growth, reduced costs, and solid financial returns, while advancing key LNG projects and sustainability goals.
Maxwell Dee
Maxwell Dee
19 Aug 2025
Woodside Energy Group reported robust first-half results in 2025, with production reaching 548 Mboe/d and a net profit after tax of $1.3 billion, while progressing key LNG projects and declaring a fully franked interim dividend.
Maxwell Dee
Maxwell Dee
19 Aug 2025
Strike Energy has reported a significant downgrade in its Walyering gas field reserves following FY25 production data, alongside plans to drill a new exploration well in early 2026 to address potential supply shortfalls.
Maxwell Dee
Maxwell Dee
19 Aug 2025
Amplitude Energy has delivered record production and cash flow in FY25, driven by higher gas volumes and prices, while advancing its East Coast Supply Project on schedule for 2028 first gas.
Maxwell Dee
Maxwell Dee
19 Aug 2025