Upstream Oil & Gas

Latest chapter up and running at Chinese oilfield project housing 19 offshore platforms

Chinese state-owned oil and gas giant China National Offshore Oil Corporation (CNOOC) and its partner, the U.S.-headquartered energy firm ConocoPhillips, have brought online the next...

ORLEN Opens Transshipment Terminal at Gdansk Refinery

ORLEN SA said Wednesday it has put into service a marine transshipment terminal on the Martwa Wisła River next to its refinery in the...

ADNOC Deploys AI-Powered Rig Operations Center

Abu Dhabi National Oil Co said Tuesday it has put into service a Real-Time Operations Center (RTOC) powered by artificial intelligence, streamlining management for...

Heirs Energies doubles crude output to 55,000bpd

Heirs Energies has raised its crude oil production to 55,000 barrels per day from 25,000 bpd in five years as indigenous operators increasingly take...

India kicks off one of its ‘most challenging’ deepwater oil & gas exploration ops

India’s government-owned energy giant Oil and Natural Gas Corporation (ONGC) has begun drilling the first deepwater well in Mahanadi Basin to unlock the country’s...

Hellenic Cables earns qualification for 525 kV HVDC XLPE cable systems

Greek Hellenic Cables, the cables segment of Belgium-headquartered Cenergy Holdings, has achieved qualification of its 525 kV HVDC XLPE cable systems for both submarine...

Valaris’ 2001-built rig wraps up its gig with BP ahead of schedule

Bermuda-incorporated offshore drilling contractor Valaris has confirmed the completion of its assignment with the UK-headquartered energy giant BP off the coast of Trinidad before...

MOL Group buys Shell’s subsidiary in Cyprus for $720 million

UK-headquartered energy giant Shell has reached an agreement with Hungarian multinational oil & gas company MOL Group for the sale of its 100%-owned subsidiary...

BP’s North Sea business up for sale

UK-headquartered energy giant BP is launching a process to market its North Sea business for a potential sale after operating in the region for...

Floating wind turbine that will power UK gas platform ready for tow to offshore site

The Culzean floating wind turbine, which will supply electricity to the Culzean gas platform in the North Sea, off the coast of Scotland, will...

Trillion Energy becomes Dune Oil Corp.

Canadian oil & gas player Trillion Energy is changing its name to Dune Oil Corp. as part of its strategic pivot to oil development...

BP puts into production another expansion project in US Gulf

UK-headquartered energy giant BP has put into production an expansion project of a field in the U.S. Gulf of America (Gulf of Mexico) that...

Swiss technology group strengthens offering with purchase of another subsea business

As part of its long-term strategy to build an integrated portfolio of technologies and engineering capabilities for the subsea market, Swiss technology group Rosenxt...

Serica Energy wins race for Pharos Energy with €170 million takeover agreement

UK-based upstream oil & gas player Serica Energy has agreed to acquire compatriot Pharos Energy for £145.7 million (more than €170 million), with Pharos...

Eni strengthens team for Côte d’Ivoire project with Saipem now on boar

Italy’s energy giant Eni has continued its contract awards spree for the third phase of its oil & gas development project off the coast...

Saipem-Subsea7 merger under the microscope as EU flags competition concerns

A proposed merger between Italy’s engineering, drilling, and construction services giant Saipem and the Luxembourg-domiciled Subsea7 is facing deeper scrutiny in the European Union (EU)...

Inside Nigeria’s seven-hour transparency test

After years of opaque allocations, Nigeria’s latest seven‑hour oil block bidding saw 31 winners from 143 bidders, but doubts over transparency and capacity persist...

Expro eyeing market growth after broadening drilling tech offering with acquisition of Norwegian firm

U.S.-headquartered energy services provider Expro has brought Enhanced Well Technologies Group (Enhanced Drilling) into its fold, extending its drilling technology capabilities. Expro has completed the acquisition...

Gasunie launches tender for 10-year offshore wind PPA in Netherlands

Dutch gas infrastructure company Gasunie has launched a public tender seeking a long-term power purchase agreement (PPA) from a new-build offshore wind farm as...

Harbour Energy’s US arm advances repair plan after riser leak at Gulf of America oil & gas asset

U.S.-headquartered LLOG Exploration, a subsidiary of Harbour Energy, has seen a drop in output at its asset in the Gulf of America (U.S. Gulf...

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