Upstream Oil & Gas

Aker BP bulks up North Sea and Norwegian Sea oil arsenal, targets tie-back growth with twin discovery deals

Norwegian oil and gas company Aker BP is set to expand its footprint in the North Sea and Norwegian Sea by obtaining stakes in...

Pipeline security crucial to Nigeria’s $50bn offshore target

Nigeria’s $50bn offshore investment target depends not only on policy reforms and approvals, but also on securing pipelines and ensuring stability in the Niger...

73 years in the making: Petrobras’ oil field exceeds 4 billion barrels as Brazil’s pre-salt turns 20

Brazil’s state-owned energy giant Petrobras has notched a new production milestone, with one of its oil fields surpassing 4 billion barrels of cumulative output...

Shell loses five-year legal fight as South Africa’s court sets aside Wild Coast exploration permit

UK-headquartered energy giant Shell has hit a dead end in its plans for oil and gas exploration off South Africa’s Wild Coast, after the...

DOF adds 80 days of subsea work to backlog in Asia-Pacific

DOF Group has secured two subsea contract awards in the Asia-Pacific (APAC) region that together have a duration of approximately 80 days. The contracts will...

BP, XRG, and UCC on 4 tcf Venezuelan gas quest as offshore development gathers pace

UK-headquartered energy giant BP and its partners, ADNOC’s XRG and UCC Oil and Gas Holding, have secured a key license off the coast of...

73 years in the making: Petrobras’ oil field exceeds 4 billion barrels as Brazil’s pre-salt turns 20

Brazil’s state-owned energy giant Petrobras has notched a new production milestone, with one of its oil fields surpassing 4 billion barrels of cumulative output...

NNPC ready to implement new production sharing contract framework – Ojulari

The Nigerian National Petroleum Company Limited has said it is ready to implement the amended Production Sharing Contract framework following the Federal Government’s approval...

Sable eyes September restart for third oil platform in California waters

Sable Offshore, a Texas-headquartered oil and gas company, is set to resume oil production at its third platform off the California coast next month, marking...

Nigeria’s new tax breaks put $50 billion deepwater oil & gas projects back in play

Nigeria is targeting a revival of deepwater investment with new tax incentives designed to unleash up to $50 billion in delayed oil and gas...

Aradel’s Oil Output Surges 523% to 139.5 Kboepd in H1

Aradel Holdings Plc has delivered a significant first half in 2026, with group production rising 523 per cent to an average of 139,500 barrels...

Expro scores ‘major’ North Sea plug and abandonment win in UK waters

U.S.-headquartered energy services provider Expro has lined up a new deal for a well abandonment program in the North Sea with an undisclosed oil and...

North Sea well interventions unlock multi-million-barrel boost as exploration drilling dries up

The UK’s offshore energy regulator, the North Sea Transition Authority (NSTA), has revealed that 56 North Sea wells returned to production last year, with...

ABB to equip Allseas’ new offshore converter station transport vessel

ABB has secured a contract with Guangzhou Shipyard International (GSI) to supply the power and propulsion package for Allseas’ new semi-submersible heavy transport vessel...

OEG secures corrosion protection contract for Gennaker offshore wind farm

OEG has secured a contract to provide a subsea corrosion protection system for the 976.5 MW Gennaker offshore wind farm in the German Baltic...

BP entrusts Emerson with automation job on Caspian Sea gas project

UK-headquartered energy giant BP has tasked Emerson with the provision of automation and control systems for an unmanned offshore platform that will be part of...

TGS on 4D streamer acquisition duty in Australian waters

Norwegian energy data and intelligence company TGS has picked up a new 4D streamer acquisition assignment off the coast of Australia. TGS has secured the...

BP takes full control of gas project offshore Trinidad after Woodside exit

UK-headquartered energy giant BP has set the wheels in motion to become the sole owner and operator of a deepwater natural gas field by...

Noble’s 2014-built jack-up rig scoops up new P&A job with ConocoPhillips

Noble Corporation, a U.S.-based offshore drilling giant, has lined up a new assignment for a 12-year-old jack-up rig off the coast of Norway with...

License alignment buys time to pick production solution for new UK North Sea oil hub

As the UK regulator has decided to prolong a license in alignment with another one in the area to pave the way for an...

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