Skip to main content

The latest upstream news

Parkmead announce formal award of UK licence P2634

Parkmead has announced that further to the provisional award of three blocks as part of the 33rd UK offshore licensing round, the P2634 licence has now been formally awarded to Parkmead by the UK Government’s North Sea Transition Authority (NSTA).


Upcoming oil events


Gastech 2024

17 Sep 2024 - 20 Sep 2024

George R Brown Convention Center
1001 Avenida de las Americas, Houston, Texas, 77010, United States

Tenaz Energy corp. announces agreement to acquire NAM Offshore B.V.

Tenaz Energy has entered into an agreement with Nederlandse Aardolie Maatschappij B.V., a 50/50 joint venture between Shell PLC and ExxonMobil Corporation, to acquire all of the issued and outstanding shares of NAM Offshore B.V. for base consideration of €165 million (US$246 million), prior to closing adjustments and contingent payments.


Union Jack Oil plc shares drilling update

The company has announced a positive drilling update in respect of the Andrews 2-17 well, located in Seminole County, Oklahoma, United States, in which Union Jack holds a 45% working interest.


TotalEnergies sells its interest in SPDC JV

TotalEnergies has announced that its subsidiary TotalEnergies EP Nigeria signed a sale and purchase agreement (SPA) with Chappal Energies for the sale of its 10% interest in the SPDC JV licenses in Nigeria.


Upstream news Oil and gas news Upstream new updates Upstream today Upstream magazine Today's upstream news