Company News

Company News

ADNOC Leads $11 Billion Landmark Financing for Hail & Ghasha Offshore Gas Fields, Paving Way for Net-Zero Energy Supply
ADNOC Leads $11 Billion Landmark Financing for Hail & Ghasha Offshore Gas Fields, Paving Way for Net-Zero Energy Supply

Abu Dhabi, UAE – December 18, 2025 – Abu Dhabi National Oil Company (ADNOC) announced today the successful completion of a landmark $11 billion structured financing for the Hail and Ghasha offshore gas field development project

Petrobras Commissions Búzios Phase 6 Project in Brazil, Co-Developed by CNOOC, Boosting Global Deepwater Oil Supply
Petrobras Commissions Búzios Phase 6 Project in Brazil, Co-Developed by CNOOC, Boosting Global Deepwater Oil Supply

RIO DE JANEIRO & BEIJING, Jan. 3, 2026 – Petrobras, Brazil's state-owned oil giant, officially announced the commissioning of the Búzios Phase 6 project on December 31, 2025 (local time).

December 2025 Global Oil & Gas Drilling Industry: Key Developments and Market Insights
December 2025 Global Oil & Gas Drilling Industry: Key Developments and Market Insights

As 2025 draws to a close, the global oil and gas drilling sector has witnessed dynamic growth with prominent breakthroughs in deepwater exploration