Upstream Oil & Gas

Equinor’s drilling ops with Transocean rig in the clear

Norway’s state-owned energy giant Equinor has secured the green light from the Norwegian authorities for drilling activities in the Norwegian Sea, which will be...

First oil & gas well in US Gulf now online, second set to follow suit shortly

Beacon Offshore Energy, a Texas-based exploration and production company, has brought its initial well on stream at a field in the Gulf of America...

TotalEnergies Secures New Deal to Sell Niger Delta Stake

TotalEnergies SE has signed an agreement to divest its 10 percent interest in a Niger Delta joint venture previously operated by Shell PLC to...

SK earthon and Petronas step up Malaysia exploration

Wildcats being drilled offshore Sarawak and Peninsular Malaysia,South Korean operator SK earthon has embarked on a two-well exploration programme on shallow-water Block SK 427...

Transocean rig pair picks up multimillion-dollar gigs with BP and Equinor

Transocean, an offshore drilling giant, has secured more drilling work for two mobile offshore drilling units (MODUs) off the coasts of Brazil and Norway...

PV Drilling’s Jack-Up Rig Returns to Asia Ahead of April Drilling Ops

Vietnam’s PV Drilling has informed that its jack-up rig PV DRILLING IX arrived to Vietnam, after completing a two-month transport voyage from Europe, marking...

KROHNE advances ultrasonic flow meter verification to boost custody transfer accuracy

BEVERLY, Mass. — KROHNE is spotlighting new advancements in ultrasonic flow meter verification designed to improve accuracy and efficiency in custody transfer applications across...

Harbour Energy expands North Sea footprint with $170 million Waldorf acquisition

LONDON (WO) — Harbour Energy has agreed to acquire most subsidiaries of Waldorf Energy Partners Ltd. and Waldorf Production Ltd. for $170 million, the...

Harbour Energy to Buy Waldorf Subsidiaries for $170MM

Harbour Energy Plc, one of the largest independent oil and gas firms in the UK, agreed to pay $170 million for all the subsidiaries...

Oil Drifts Lower Despite Geopolitical Tensions

Oil prices edged down in choppy trading, with US crude falling to the lowest since May, as weakness in US equities markets added to...

EIA Ups Brent Price Forecast, Still Sees Drop in 2026

In its latest short term energy outlook (STEO), which was released on December 9, the U.S. Energy Information Administration (EIA) increased its Brent price...

What defined gas trading in 2025: five moments that mattered

Gas trading in 2025 was shaped by abrupt disruptions, shifting trade flows, and key milestones in North American and European supply. While many of...

What growing demand and large-load dynamics mean for US gas and power

The structural growth in electricity demand driven by the rapid pace of data centre and other large-load buildout is getting a lot of attention...

Biomethane price puzzle: why demand-side policy is the missing piece

The European biomethane sector stands at a crossroads. European production capacity has surged, increasing by 14% in 2023 and 25% in 2024, but sustainable...

Aiming for the big prize in US unconventional oil and gas

The US shale gas and tight oil revolution is rightly hailed as a triumph for the industry. What is often less widely appreciated is...

Valaris drillship to work for Shell offshore Brazil

Bermuda-headquartered drilling contactor Valaris has won a multi-year contract worth around $300 million for its drillship Valaris DS-8 from UK supermajor Shell. The contract, expected...

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