Upstream Oil & Gas

Texas-based player scores FPU gig in US Gulf

Texas-headquartered lifting and securement industry player Kito Crosby has won an offshore contract for a new floating production unit (FPU) in the Gulf of...

USA Boards Venezuela-Linked Oil Tanker

US forces boarded an oil tanker after a cat-and-mouse chase from the Caribbean to the Indian Ocean, the Pentagon said, as Washington expands its...

Oil Gains As Middle East Tensions Rise

Oil gained as tensions in the Middle East outweighed concerns that there is a supply glut building in the market. West Texas Intermediate rose to...

Transocean rig duo staying longer on drilling gigs in Norwegian waters

Switzerland-based offshore drilling contractor Transocean has picked up multimillion-dollar extensions for two of its harsh environment semi-submersible rigs deployed off the coast of Norway. Thanks...

Perenco’s Kombi 2 platform in place offshore Congo

Perenco Congo has installed the new Kombi 2 platform on the Kombi-Likalala-Libondo II (KLL II) Field offshore Republic of Congo.The installation forms part of...

India unveils 50 new E&P blocks in major upstream expansion

Under the Open Acreage Licensing Policy, 25 blocks covering about 1.83 lakh sq km are on offer, comprising six onland blocks, six in shallow...

BP Q4 2025 underlying RC profit falls 32% to $1.5bn

  BP said profit declined compared with Q3 2025 because upstream realisations were lower and its production mix changed.British oil and gas company bp has reported...

Rig search ongoing to get Southeast Asian gas drilling project back on track

UK-based and AIM-listed Sunda Energy, formerly Baron Oil, is setting the stage to undertake its planned drilling campaign on a gas field off the...

Lukoil signs agreement to sell subsidiary to Carlyle

Lukoil has agreed to divest its subsidiary Lukoil International to US private equity firm Carlyle.The subsidiary manages Lukoil’s international assets, although assets located in...

2017-built jack-up rig lines up multi-well drilling gig in West Asia

Texas-headquartered Northern Offshore, a builder and operator of jack-up rigs, has secured a new assignment for a nine-year-old jack-up rig off the coast of...

Heirs Holdings Announces Ufudo, Yomi-Ajayi New Non-Executive Directors

Heirs Holdings has appointed Obinna Ufudo and Sola Yomi-Ajayi as non-executive directors, strengthening its board with seasoned professionals across finance, energy, governance and global...

DeepOcean Wraps Up Work at US Offshore Wind Project

Global ocean services provider DeepOcean has completed trenching and survey operations on inter-array cables for a U.S. offshore wind project.DeepOcean’s scope of work encompassed...

Tinubu, Shell in high-level talks over S20bn investment in Nigeria

The Chief Executive Officer of Shell Plc, Mr Wael Sawan, has praised President Bola Tinubu’s leadership for creating a healthy climate for investments to...

Equinor’s drilling ops with Transocean rig in the clear

Norway’s state-owned energy giant Equinor has secured the green light from the Norwegian authorities for drilling activities in the Norwegian Sea, which will be...

First oil & gas well in US Gulf now online, second set to follow suit shortly

Beacon Offshore Energy, a Texas-based exploration and production company, has brought its initial well on stream at a field in the Gulf of America...

TotalEnergies Secures New Deal to Sell Niger Delta Stake

TotalEnergies SE has signed an agreement to divest its 10 percent interest in a Niger Delta joint venture previously operated by Shell PLC to...

SK earthon and Petronas step up Malaysia exploration

Wildcats being drilled offshore Sarawak and Peninsular Malaysia,South Korean operator SK earthon has embarked on a two-well exploration programme on shallow-water Block SK 427...

Transocean rig pair picks up multimillion-dollar gigs with BP and Equinor

Transocean, an offshore drilling giant, has secured more drilling work for two mobile offshore drilling units (MODUs) off the coasts of Brazil and Norway...

PV Drilling’s Jack-Up Rig Returns to Asia Ahead of April Drilling Ops

Vietnam’s PV Drilling has informed that its jack-up rig PV DRILLING IX arrived to Vietnam, after completing a two-month transport voyage from Europe, marking...

KROHNE advances ultrasonic flow meter verification to boost custody transfer accuracy

BEVERLY, Mass. — KROHNE is spotlighting new advancements in ultrasonic flow meter verification designed to improve accuracy and efficiency in custody transfer applications across...

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