Upstream Oil & Gas

Oil-to-CO2 storage wells begin transformation journey offshore Denmark

North Sea wells originally used for oil production are currently being prepared for CO2 storage as part of the Greensand Future project in Denmark,...

Etu Energias to Acquire Azule Energy’s Stakes in Angola’s Offshore Blocks

Etu Energias has agreed to acquire stakes in offshore Blocks 14 and 14K in Angola from Azule Energy, after exercising pre-emption rights over the...

TotalEnergies and EDF Sign a Long‑Term Partnership

TotalEnergies and EDF Sign a Long‑Term Partnership to Secure Low‑Carbon Electricity Supply for TotalEnergies’ Refining & Chemicals Sites in France Paris, March 27, 2026 –...

Brookside Energy advances new two-well pad operations in SWISH AOI

The Sabres and Whalers wells will be drilled from the same pad, targeting the Sycamore and Woodford formations within the SWISH AOIUS-focused oil and...

IKM Testing to gauge pipeline for first offshore CCS project in UK

North east Scotland-based IKM Testing UK has been appointed to deliver pipeline pre-commissioning services for the UK’s first offshore carbon capture and storage (CCS)...

Chevron shakes hands with NOC for oil study at block offshore Libya

U.S.-headquartered energy giant Chevron has teamed up with Libya’s National Oil Corporation (NOC) for an oil study at an offshore block in Libyan waters. NOC...

Petrobras augments oil arsenal as it strikes black gold in Brazilian waters

Brazilian state-owned energy giant Petrobras has made a new oil discovery in the pre-salt of the Campos Basin off the coast of Brazil.Petrobras has...

Constellation Reports Strong 2025 Results, Targets Further Growth in Brazil

Constellation Oil Services, an offshore oil and gas drilling services provider in Brazil, has reported adjusted EBITDA of $233 million for 2025, exceeding its...

BluEnergies secures five-year lease in SS-59 block from BBG2 lease sale

The company says it can profitably develop the Crown Royal prospect, originally drilled by Texaco in 1987BluEnergies Ltd., a Canadian-based E&P firm, says that...

ADNOC, OMV Tweak Investment Plans for Polyolefins JV

OMV AG and Abu Dhabi National Oil Co (ADNOC) on Thursday announced changes to their investment plans for their pending polyolefins joint venture (JV),...

IEA Oil Release Set to Exceed Agreed Volume

The International Energy Agency (IEA) has received oil release commitments that exceed the 400 million barrels agreed by members to mitigate market disruption from...

Brazilian oil & gas firm in the clear for 14-well offshore drilling campaign

Brazilian oil and gas company PRIO, formerly known as PetroRio, has obtained a multi-well drilling license for a field in the Campos basin off...

OneSubsea to buy Norwegian firm’s subsea business

OneSubsea, a joint venture backed by SLB, Aker Solutions and Subsea7, is expanding its technology and research and development (R&D) capabilities with the acquisition of...

Angola’s first non-associated gas development goes live

Azule Energy, a joint venture between two energy majors, Italy’s Eni and the UK’s BP, has put into operation an offshore project, which is described...

FEED contract marks step forward in Mediterranean’s first CO2 storage project

Dubai-headquartered engineering and services company Kent has won a front-end engineering design (FEED) contract with EnEarth, a subsidiary of the UK-based oil & gas company Energean,...

FID made for Mako gas project offshore Indonesia

The development, operated by West Natuna Exploration Limited, will involve installation of a leased MOPU and new subsea pipelines connecting to existing infrastructureConrad Asia...

Zama oilfield planning focus switched to FPSO development

The partners see this new approach as more capital-efficient compared with the earlier fixed platform concept,Harbour Energy, the new operator for the Zama oilfield...

Biggest Oil Cos Need to Find 22MM Bpd by 2040

Wood Mackenzie analysis reveals that 30 of the world’s largest oil and gas companies face a combined 22 million barrels of oil equivalent per...

€710k public funding aims to advance floating solar tech performance in Norway

Norway’s Ocean Sun has secured NOK 8 million (around €710,000) in public funding for a project that aims to strengthen the long-term performance and...

Saipem loses drillship deal to higher bidder

  Norwegian drillship owner Deep Value Driller has decided to sell its seventh-generation drillship Deep Value Driller to Eldorado Drilling after having received a higher...

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