Rigzone

JUNE 9, 2025

Brent Crude $66.90 +0.65% Natural Gas $3.69 -2.62% Latest Oil Prices SUBSCRIBE SEARCH ARTICLES NEWS CNOOC Announces Seventh Upstream Startup in Chinese Waters This Year by Jov Onsat | Rigzone Staff | Monday, June 09, 2025 | 3:37 AM EST Weizhou 5-3 is expected to reach a peak output of about 10,000 bpd next year. feet) deep. feet) deep.

Upstream

Oil & Gas Journal

AUGUST 4, 2025

4, 2025 Key Highlights · bp made an oil and gas discovery at the Bumerangue prospect deepwater offshore Brazil in Santos basin. 4, 2025 Key Highlights · bp made an oil and gas discovery at the Bumerangue prospect deepwater offshore Brazil in Santos basin. Alex Procyk Aug. Alex Procyk Aug.

Offshore

Oil & Gas 360º

AUGUST 5, 2025

million barrels of oil and gas equivalent per day (boed) in the second quarter, up by 6% from a year ago and a record for the period, following last year’s $60 billion acquisition of Pioneer Natural Resources and rising output from low-cost operations in the Permian shale basin in the United States and offshore Guyana. Exxon pumped 4.63

Upstream

Offshore Engineer

JUNE 17, 2025

Malaysian state energy company Petronas said on Tuesday it expects to take one to two years to set up a planned joint venture with Italian energy group Eni on upstream…

Upstream

Oil & Gas Journal

JULY 25, 2025

· Carnarvon will identify an exploration target offshore WA after completing Bedout Mega Merge seismic reprocessing. will identify an exploration target in Bedout sub-basin, offshore Western Australia, after completing the Bedout Mega Merge seismic reprocessing project. Alex Procyk July 25, 2025 2 min read Carnarvon Energy Ltd.

Basin

Oilfield Technology

AUGUST 1, 2025

billion, further underscores Guyana’s emergence as a global energy growth hub and highlights Hunting’s role in supporting large-scale, capital-intensive offshore developments. Hunting is the only company globally equipped to deliver titanium stress joints at the scale and quality required for full-field offshore developments.

Field

Oil & Gas 360º

JUNE 23, 2025

As the country strives to produce two million bpd, projects of this nature will support new investments by providing a direct route from offshore fields to market.” However, with the terminal, the company stands to reduce the reliance on costly offshore floating stations, reducing overall operational costs by 40%.

Field

Oil & Gas Journal

JULY 28, 2025

Leading operators include TotalEnergies, Harbour and CGC, with assets like Vega Pl é yade, Ara, and El Cerrito, both onshore and offshore. bbl, while conventional basins report costs of US$28-35/bbl, channeling upstream investment toward shale plays. YPF operated 12 rigs across its key blocks.

Basin

Oil & Gas Journal

JULY 31, 2025

Alex Procyk July 31, 2025 Photo from Yinson Holdings Berhad Azule Energy starts production from Agogo FPSO offshore Angola Key takeaways Azule Energy started production from the Agogo FPSO offshore Angola. About the Author Email Alex Procyk Upstream Editor Alex Procyk is Upstream Editor at Oil & Gas Journal.

Exploration and Production

Oil & Gas Journal

JULY 29, 2025

From navigating permitting challenges in Canada to unlocking remote offshore reserves in Africa and Asia, FLNG is finally going mainstream," he continued. Some are complex integrated producers with upstream components as part of the LNG infrastructure, while others simply liquefy pipeline-spec gas.

Energy

Oilfield Technology

JULY 22, 2025

NEP is developing onshore and offshore infrastructure needed to transport CO 2 from carbon capture projects across Teesside and the Humber – collectively known as the East Coast Cluster – to secure storage under the North Sea. Please sign in or register for free. Already a member?

Hydraulic Fracturing

Oilfield Technology

JULY 16, 2025

Upon completion, the P-78 will transit to the Buzios field, where Seatrium will conduct the final phase of offshore commissioning works. Read the latest issue of Oilfield Technology magazine for upstream news, project stories, industry insight and technical articles. Petrobras). Image: FPSO P-78 sailing to Buzios field in Brazil.

Hydraulic Fracturing

Oil & Gas Journal

JULY 29, 2025

Woodside will assume operatorship of the offshore Bass Strait production assets, the Longford gas plant, the Long Island Point gas liquids processing plant, and associated pipeline infrastructure, the company said in a release July 29. Related General Interest ExxonMobil takes Bass Strait off the market Nov.

Exploration and Production

Oil & Gas Journal

JULY 23, 2025

Alex Procyk July 23, 2025 Map from TotalEnergies Key takeaways TotalEnergies has started production from the Begonia and CLOV Phase 3 projects offshore Angola. Alex Procyk July 23, 2025 Map from TotalEnergies Key takeaways TotalEnergies has started production from the Begonia and CLOV Phase 3 projects offshore Angola.

Offshore

Oilfield Technology

JULY 14, 2025

Woodside Energy) in support of the Trion deepwater oil and gas development offshore Mexico. Read the latest issue of Oilfield Technology magazine for upstream news, project stories, industry insight and technical articles. Please upgrade your browser to improve your experience. Please sign in or register for free. Already a member?

Hydraulic Fracturing

Oil & Gas 360º

JUNE 20, 2025

“The government recognizes the complexities and high costs associated with the development of the Venus oil field by TotalEnergies,” Kornelia Shilunga, special adviser and head of upstream petroleum unit in the Namibian Presidency, said in a reply to questions.

Offshore

Oilfield Technology

AUGUST 6, 2025

This transaction allows us to unlock value from part of our portfolio, while focusing on the development of our core assets in the Neuquén Basin and in the offshore of Tierra del Fuego” said Javier Rielo, Senior Vice President Americas, Exploration & Production at TotalEnergies. 45%), owned by Shell. Already a member?

IT

Oilfield Technology

JUNE 27, 2025

This is not a problem offshore where oil can be recovered from the PW so that it can be discharged overboard. Please upgrade your browser to improve your experience. As fields age, they generate higher water to oil ratios. In some mature fields, 10 barrels of water are generated for every barrel of oil produced.

Midstream

Oil & Gas Journal

AUGUST 1, 2025

June 26, 2025 76827000 © Rawpixelimages | Dreamstime.com Podcasts ICYMI: Chevron closes Hess deal, whats next for 2025 upstream M&A? The company’s average realized price for US upstream liquids was $47.77/bbl The company’s average realized price for US upstream liquids was $47.77/bbl 5 billion. MMboe/d from 1.57

Exploration and Production

Rigzone

JULY 23, 2025

International upstream production excluding the U.S. Equinor booked $955 million in impairments from its offshore wind assets in the U.S. “The offshore wind industry is facing major financial and regulatory challenges in the U.S.”, The Norwegian majority state-owned energy major declared a dividend of $0.37

Maintenance

Oilfield Technology

AUGUST 4, 2025

“The Argos expansion underpins our commitment to investing in America, growing our US offshore energy production safely and efficiently,” said Andy Krieger, bp’s senior vice president for the Gulf of America and Canada. Please upgrade your browser to improve your experience.

Exploration and Production

Rigzone

AUGUST 7, 2025

The subsea tieback, which connects new wells to existing offshore production facilities through pipelines, will extend the footprint of the Mad Dog field discovered in 1998, according to the release. offshore region by the end of the decade, the company added. offshore region by the end of the decade, the company added.

Barrel

McKinsey

JULY 10, 2025

This new system, known as the EU ETS2, will focus on upstream emissions, targeting fuel suppliers instead of end consumers. In July 2024, France launched its updated CCUS strategy, targeting a CO 2 emissions reduction of 4 to 8 Mtpa by 2030 and identifying potential onshore and offshore CO 2 storage locations.

Transportation

Rigzone

JUNE 27, 2025

Adura, which will be equally owned, combines the two companies’ offshore assets in the UK, where Shell currently produces over 100,000 barrels of oil equivalent a day (boed) and Equinor about 38,000 boed. “Adura is expected to produce over 140,000 barrels of oil equivalent per day in 2025”, Equinor said.

Exploration and Production

Pro-Gas Services

JULY 9, 2025

Corrosion in Cryogenic Plants: Water and heavier hydrocarbons not removed upstream can freeze and cause blockages in cryogenic gas processing plants, leading to costly defrosting operations or even damage. In natural gas processing, the purity of the gas stream isn’t just a preference — it’s a fundamental requirement.

Gas

Oilfield Technology

JUNE 20, 2025

Please upgrade your browser to improve your experience. The Slagugle oil discovery was initially proven in 2020, with preliminary estimates suggesting resources in the range of 30.8 - 61.6 million bbl of oil equivalent in Triassic reservoir rocks. The Deepsea Yantai drilling rig, operating in a water depth of 341 m, was utilised for the drilling.

Exploration and Appraisal

Valor

JUNE 16, 2025

Offshore activity held at 13 rigs (-9 y/y). The system shares data with Texas’ Utilities Commission to identify critical infrastructure under SB 3/HB 3648 laws, linking upstream production to power plants. Read more European gas prices rise with Middle East conflict intensifying Summary : European gas prices rose 2.4%

Energy

Oil & Gas 360º

JULY 31, 2025

Oil & Gas 360 – Landmark 30 th Anniversary EnerCom Denver – The Energy Investment Conference Announces Energy Transition and Emerging Technology Session Schedule Qualified Investors and Analysts Can Register at No Cost at www.enercomdenver.com   DENVER – July 31, 2025 – EnerCom, Inc., Conference Dates: August 17–20, 2025.

Energy

Rigzone

JULY 9, 2025

“We look forward to engaging with Interior to leverage new technologies to support more efficient and responsible oil and natural gas production on federal lands”, the lobby group’s upstream policy vice president, Holly Hopkins, said in a statement. billion in industry savings annually under the updated regulations.

Exploration and Production

Oil & Gas 360º

JULY 30, 2025

With offices in Dallas and Houston, NSAI provides a complete range of geological, geophysical, petrophysical, and engineering services and has the technical experience and ability to perform these services in any of the onshore and offshore oil and gas producing areas of the world.

Management

Oil & Gas 360º

AUGUST 6, 2025

With offices in Dallas and Houston, NSAI provides a complete range of geological, geophysical, petrophysical, and engineering services and has the technical experience and ability to perform these services in any of the onshore and offshore oil and gas producing areas of the world. and EnerCom.

Energy

Oilfield Technology

JUNE 26, 2025

Read the latest issue of Oilfield Technology magazine for upstream news, project stories, industry insight and technical articles. Please upgrade your browser to improve your experience. Precise, DrillSync, DrillOps and Neuro are part of SLB’s comprehensive portfolio of digital drilling technologies and services. Already a member?

Hydraulic Fracturing

Rigzone

AUGUST 6, 2025

A BP spokesperson declined to comment but directed Rigzone to a release on BP’s website announcing an oil and gas discovery at the Bumerangue prospect in the deepwater offshore Brazil. “This is another success in what has been an exceptional year so far for our exploration team, underscoring our commitment to growing our upstream.

Exploration and Appraisal

Rigzone

JUNE 6, 2025

Project Greensand is the first of its kind to demonstrate that captured CO2 can be transported cross-border and stored offshore, according to INEOS. The vessel is being developed in Norway with Saipem SpA subsidiary Moss Maritime a.s.

Transportation

Valor

AUGUST 4, 2025

BP boosted by biggest oil discovery in 25 years Summary : On August 4, BP announced its biggest oil and gas discovery in 25 years offshore Brazil, its tenth find in 2025, causing its shares to rise 1.7% The find aligns with BP’s renewed focus on hydrocarbons and its plan to grow global upstream production to 2.3 Read more U.S.

Energy

Oil & Gas Journal

JULY 30, 2025

Supply for the Pelican Pipeline will be sourced from multiple upstream connections in the Haynesville basin, including direct connections to processing infrastructure, the company said at the time of FID. bcfd from 1.75 bcfd, the company said. to the Gillis Hub near Ragley, La.

Pipeline

Oil & Gas 360º

JULY 14, 2025

With offices in Dallas and Houston, NSAI provides a complete range of geological, geophysical, petrophysical, and engineering services and has the technical experience and ability to perform these services in any of the onshore and offshore oil and gas producing areas of the world. This year will also include a charity poker tournament.

Energy