Oil and Gas
ADNOC Gas Awards $4.04 Billion EPC Contract to Expand Habshan
ADNOC Gas will expand Habshan through a $4.04 billion EPC contract covering a new gas processing train, deep NGL recovery and a 220 kV…
Latest Upstream News
Upstream
Seadrill adds $200 million in offshore drilling contracts
Seadrill expands its portfolio with new contracts for three offshore drilling units in the US Gulf and Malaysia.
Upstream
Equinor awards SLB offshore stimulation services in NCS
Equinor hires SLB to expand offshore stimulation and modernize the MV Island Captain for future developments in the NCS.
Upstream
Petrobras exceeds its goals with an additional 200,000 barrels per day
Petrobras exceeds its production forecasts by 200,000 barrels per day supported by greater efficiency and the FPSOs of Búzios.
Oil and Gas
AI in Oil Exploration Identifies 4 Opportunities in Guyana
AI in oil exploration helped ExxonMobil identify four opportunities in Guyana’s Stabroek Block using seismic analysis and advanced subsurface technologies.
Upstream
BP commissions Emerson to automate Shah Deniz in the Caspian Sea
Emerson will supply BP with automation and safety systems for the offshore platform of the Shah Deniz Compression project.
Upstream
Shearwater will conduct 3D seismic surveys for ONGC in India
Shearwater will conduct two 3D seismic surveys for ONGC in India, with offshore campaigns totaling approximately 15 ship-months of activity.
Upstream
Karoon Energy approves the development of Who Dat East in the U.S.
Who Dat East will require up to US$165 million net for Karoon and would begin producing oil and gas in 2028.
Upstream
Borr Drilling loses US$241.4 million in the second quarter of 2026
Borr Drilling reported a net loss of US$241.4 million as its quarterly revenue fell by 6%.
Upstream
Siemens Energy will equip Petrobras’ FPSOs P-81 and P-87
Siemens Energy will supply power generation and gas compression systems for Petrobras' FPSOs P-81 and P-87.
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