New research from Xodus reveals projected Australian offshore decommissioning costs
Liability figure points to significant opportunities for the decommissioning industry.
The latest upstream news
Advertisement
This spotlight session reviews and discusses Nanoprecise’s recent article for Oilfield Technology, entitled ‘Powering Oil and Gas Operations with AI’
Wood wins a new engineering contract at major Iraqi oil field
Under the contract, Wood will manage engineering, procurement and construction projects.
ConocoPhillips finds gas offshore Australia
Oil giant ConocoPhillips says that is has struck gas off the coast of southeastern Australia after beginning its maiden exploration drilling on November 1, according to Reuters.
Murphy Oil signs multi-year agreement with GeoComputing for next-generation E&P cloud
GeoComputing signs agreement with Murphy Oil subsidiary for RiVA platform deployment.
Upcoming oil events
Subsea Expo 2026
04 Feb 2026 - 05 Feb 2026
P&J Live
The Event Complex Aberdeen (TECA),
E Burn Rd,
Aberdeen,
AB21 9FX,
United Kingdom
World Pipelines CCS Forum - London 2026
18 Mar 2026 - 18 Mar 2026
Park Plaza, London Riverbank
18 Albert Embankment,
Vauxhall,
City of London,
SE1 7TJ,
United Kingdom
Tekmar Group plc have won a new contract in the Middle East
Tekmar Group plc, a leading provider of asset protection technology and offshore energy services, has announced it has won a new contract valued in excess of €3.5 million to supply cable protection technology to a major offshore energy project in the Middle East, with delivery scheduled by June 2026.
TotalEnergies commits US$100 million to Climate Investment in support of the OGDC community
The announcement was made at the United Nations Climate Change Conference (COP30) in Belém, Brazil.
K2 Energy Group acquires Eutex hazardous-area inspection services division to expand global compliance and safety capabilities
K2 Oilfield Services Pte Ltd, operating as K2 Energy Group (K2), has announced the acquisition of the global hazardous-area inspection services business of Eutex Inc. (Eutex), a portfolio company of Sutherland Holdings International, through its purchase of Eutex International Pte Ltd in Singapore.
PXGEO secures two OBN seismic acquisition contracts with Petrobras
PXGEO has been awarded two significant contracts from Petrobras-led consortia, to deliver seismic data acquisition and monitoring services in the Santos Basin.
AGR to fuel Vår Energi operations
AGR’s resourcing services business has entered into a five-year frame agreement to deliver technical personnel and workforce to Vår Energi.
TotalEnergies becomes operator with a new offshore exploration license
TotalEnergies (40%, operator) and its partners QatarEnergy (35%) and Petronas (25%) have signed a production sharing contract for Block S4 with Guyana’s Ministry of National Resources represented by His Excellency Vickram Bharrat, following the block’s 2023 award in the Guyana 2022 Licensing Round.