Upstream
Venezuelan oil production accelerates with Chevron
Venezuelan oil production reaches 1.21 million bpd as Chevron, Repsol and BP expand their energy operations.
Upstream focuses on the first stage of the energy value chain, where exploration, drilling and production define the development of hydrocarbon resources. This section covers news on field discoveries, drilling campaigns, production projects, reservoir activity and the technical and financial decisions shaping upstream operations.
Coverage includes new exploration programs, offshore and onshore developments, production expansion, investment announcements and technological advances aimed at improving efficiency, recovery and operational performance. It also highlights regulatory frameworks, partnerships and strategic moves influencing resource development in key regions.
Through these stories, Upstream tracks the assets, operators and production initiatives shaping the supply base of the global oil and gas industry.
Latest Upstream News
Upstream
Arabian Drilling will bring the utilization of its marine fleet to 100%
Arabian Drilling will reactivate all its suspended offshore platforms and expects to reach 100% utilization of its offshore fleet.
Upstream
SLB launches QI-FWI to improve seismic interpretation of reservoirs
SLB introduced QI-FWI to obtain rock and fluid properties directly from the seismic wave field.
Oil and Gas
Technology Locates Obstructions in Offshore Pipelines with ±30-Meter Accuracy
PipeScan located obstructions in offshore pipelines using pressure pulses and wave analysis, including one restriction identified with approximately ±30-meter accuracy.
Upstream
TGS and Chevron promote advanced technology for seismic imaging
TGS and Chevron will combine eFWI, machine learning, and geophysical algorithms to advance seismic imaging technology.
Upstream
SLB will collaborate with Shell to reactivate offshore wells in Brunei
SLB will support Brunei Shell Petroleum in recovering oil and gas production by reactivating shut-down offshore wells.
Upstream
Libya seeks up to $40 billion to boost oil production
Libya seeks foreign capital to develop new fields and boost crude production to 2 million barrels per day by 2030.
Upstream
Mammoet Completes Critical Munin Topside Operations for Yggdrasil
Mammoet completed heavy transport and marine maneuvering operations for the Munin topside before its transfer to the Yggdrasil development.
Oil and Gas
India Returns to Venezuelan Oil: ONGC Prepares Its Comeback
India returns to Venezuelan oil, with ONGC Videsh preparing a new phase of its presence in the South American country. ONGC Videsh is the…
Oil and Gas
Battalion Oil Prepares 8 Wells to Accelerate Delaware Basin Drilling
Battalion Oil prepares up to eight wells at Monument Draw as it reduces leverage and focuses its development strategy on Delaware Basin drilling.
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