Decom Engineering outlines contract wins in Americas, Africa and Australia
Contract wins in Americas, Africa and Australia boost growth at subsea cutting specialist Decom Engineering.
The latest upstream news
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This spotlight session reviews and discusses Nanoprecise’s recent article for Oilfield Technology, entitled ‘Powering Oil and Gas Operations with AI’
bp: Rhino Resources reports results of Capricornus 1-X well in Namibia’s Orange Basin
bp has confirmed the preliminary results of the Capricornus 1-X exploration well in Namibia’s Orange Basin, as reported by operator Rhino Resources.
BW Energy announces substantial oil discovery at Bourdon field offshore Gabon
Management estimates indicate 56 million barrels oil in place of which approximately 25 million barrels are considered recoverable.
Weatherford and AIQ sign strategic partnership to accelerate efficiency in energy production
The collaboration aims to integrate Weatherford's software and hardware solutions, including the Modern Edge suite, Unified Data Model, and WFRD Software Launchpad, with AIQ's AI-driven systems.
Upcoming oil events
Offshore Technology Conference (OTC) 2025
05 May 2025 - 08 May 2025
3 NRG Pkway,
Houston,
Texas,
77054,
United States
29th World Gas Conference (WGC2025)
19 May 2025 - 23 May 2025
China National Convention Center (CNCC II),
No.7 Tianchen East Road,
Chaoyang District,
Beijing,
100107,
China
FPSO reliability and filtration
Pete McGuigan, Global LNG Market Manager, Filtration & Energy Solutions Division, Parker Filtration Group, explores the critical factors in selecting air intake filtration equipment for FPSO applications.
Rystad Energy: Saudi Arabia slashes crude burn, taps gas for power generation by 2030
Crude burn – the direct use of crude oil in power plants and industrial facilities, primarily for electricity generation – has long been a staple in Saudi Arabia’s energy mix.
Crescent Energy completes accretive sale of non-operated Permian Basin assets
Crescent Energy Company has announced the closing of the sale of non-operated Permian Basin assets to a private buyer for US$83 million in cash, subject to customary post-closing purchase price adjustments. The assets are located in Reeves County, Texas and had projected full-year 2025 production of approximately 3 thousand boe/d (~35% oil).
TotalEnergies announces first oil from Ballymore field, offshore USA
TotalEnergies has announced the start of production from the deepwater Ballymore field offshore US, in which the Company has a 40% interest alongside operator Chevron (60%).
ADNOC Drilling awarded US$1.63 billion, five year integrated drilling services contract
Long-term contracting model consistently delivers sustainable value for shareholders, with fleet and energy services expansion driving growth.
Global Underwater Hub and Subsea Innovation Cluster Australia join forces to boost subsea sector
Global Underwater Hub (GUH) to help UK companies capitalise on significant opportunities in Australia from oil and gas to decommissioning, CCS and offshore wind.