Upstream

Petrobras invests $450 million in world’s largest seismic monitoring project Technology is being installed at Mero pre-salt field offshore Brazil

BOEM chief looks to make US offshore leasing ‘boring again’ Acting Director Matt Giacona discusses US Gulf, Alaska and California in exclusive interview with Upstream

North Sea operator to cut 100 jobs and restructure business Spirit Energy announced plans in 2019 to transition away from oil and gas production

Vaar and Equinor sanction Barents Sea gas project Vaar says Goliat Gas Export project will facilitate future gas development through the FPSO

Oslo-based deepwater driller secures potential multi-year contract Potential contract for Borgland Dolphin if finalised could last for years

New operator for stalled gas facility plan at Western-led Kazakh project State-run Qazaqgaz will take over Karachaganak gas processing plant from KazMunayGaz, which managed project less than a year

SBM eyes new Namibia opportunity after TotalEnergies’ Mopane deal FPSO supplier keen to capitalise on relationship with French supermajor to be first in line to develop Galp’s Namibia find

Oil prices retreat on hopes of fresh US-Iran negotiations Brent and WTI trading well below $100 per barrel

‘Landmark’ Middle East discovery could unlock up to 380 million barrels of resources Oman's Masar Petroleum said discovery marks milestone in its growth trajectory

COOEC delivers modules for Long Lake expansion project Chinese yard says it has built a total of 79 modules for the Canadian oil sands asset

Aussie E&P takeover still on the cards Cue Energy's independent board committee reaffirms its target statement to reject the offer from compatriot Horizon Oil

BP to simplify structure with new upstream unit BP last overhauled its company structure in 2020

Petrobras takes final investment decision on second Sergipe-Alagoas FPSO P-87 and P-81 FPSOs will enter operation in 2030 and 2031, respectively

Transocean wins $445 million rig contract extension with Petrobras Deal adds to recent charters for two other drillships operating offshore Brazil

Equinor CEO puts four recent discoveries in spotlight Anders Opedal provides some context on four new discoveries in the Sleipner area

Operator resumes production from Middle East gas asset Khor Mor field in Iraqi Kurdistan is country's largest non-associated gas field, operated by Pearl Petroleum consortium

TotalEnergies strikes exploration deal with Turkish state player Memorandum of understanding covers opportunities in Black Sea as well as further afield

Trailblazing UK floating wind project sold for £1 after contract cancelled Planned floating offshore wind farm ran into trouble due to significant increases in inflation and supply chain costs

Norway opens door to mystery player Very little information is available about Noran Energy

Orca calls time on Tanzania - sells gas assets for $10 Company's board said risk and challenges linked to Songo Songo gas field are too onerous

PTTEP greenlights Myanmar offshore project M-3 development had been on backburner amid Covid pandemic and military coup

Chevron consolidates Venezuela holdings through asset swap with PDVSA US supermajor expands interest in Petroindependencia JV while Venezuela gains offshore gas assets

Petrobras strikes pre-salt oil in ultra-deepwater Campos basin well Ruba prospect was drilled in the eastern portion of Campos in nearly 3000 metres of water

Perenco to progress development of mature assets in Trinidad & Tobago Company last year concluded acquisition of two blocks from Woodside Energy

Halliburton wins multibillion-dollar contract for Vaca Muerta development Argentina's YPF is leading development in the world's second-largest shale play

Offshore driller to resume operations for several rigs in the Middle East Drilling operator shared update on planned resumption of activities at drilling units in Saudi Arabia, United Arab Emirates …

TotalEnergies hits 160-metre hydrocarbon column in Congo-Brazzaville exploration well New development on cards after drilling success in Moho area

BP makes bold move as it dives into Namibia frontier play Supermajor strikes deal with Eco Atlantic to take stakes in Walvis basin acreage

Saudis restore oil supplies at pipeline and offshore field affected by Iran attacks Iran has attacked several oil and gas facilities in the Middle East since the conflict started on …

Brent tops $100 on US threat to block Iran's ports US Centcom said it would implement a blockade of all maritime traffic entering and exiting Iranian ports at 10.00 ET …

Brent tops $100 per barrel as US eyes blockade of Iranian ports US Centcom said on Sunday that it will begin implementing a blockade of all maritime traffic entering and …

National gas pipeline operators agree to link hydrogen networks Connecting point will be developed using repurposed gas pipelines where possible

SinoOcean to sell unfinisheds drillships to clear idle offshore assets Chinese contractor has revived more than 90% of the 173 abandoned rigs it inherited in 2019

Santos to return to Australia shale play this year Operator aims to take FID on onshore project by early 2029

Petrobras signs contract with Petronas for stake in two Brazil fields Deal will restore Petrobras' stake in Tartaruga Verde and Espadarte Module III to 100%

OMV selects its first female chief executive Emma Delaney has served on BP's executive team for six years

ExxonMobil eyes $24 billion spend on Nigeria deepwater projects US supermajor eyes FPSO for 27-year-old discovery, and billion-barrel subsea tieback