Upstream news updates

EnerMech has successfully completed a complex offshore cleaning and preparation scope on the Bass Strait pipeline system in the Gippsland Basin, offshore south-east Australia.

Neil Crosby, Head of Oil Analytics at Sparta, explores why expectations of lower oil prices and a swift return to normal shipping conditions in the Strait of Hormuz may be premature.

This month marks the tenth anniversary of the acquisition of Steadfast Scotland by The Marla Group.

Latest analysis suggests that EU carbon storage target falls 35% short as value-chain fragmentation constrains the NZIA 50 mtpa goal.

The agreement marks a further expansion of one of the most significant exploration partnerships currently developing in the Eastern Mediterranean, underscoring both companies’ commitment to unlocking the potential of Greece’s offshore energy resources.

Cushing crude storage levels have plummeted in recent months. Inventories fell 11.3 million bbls to less than 25 million bbls between early April and early June, according to Wood Mackenzie.

Materials management and offshore supply-chain leader Nancy Lourdes Alonso Islas discusses inventory governance, operational visibility, warehouse-network optimisation, and the growing role of digital traceability in maintaining reliability across complex offshore energy operations.

Launched on 9 June at the EAGE Annual Conference in Aberdeen, the Halo range delivers high-fidelity imaging, enhanced operational assurance and connected acquisition at a low cost, while retaining the simplicity and scalability STRYDE technology is known for.

Modernisation of ABB Ability™ System 800xA® distributed control system and Safeguard 400 safety control system enhances operational resilience.

Viridien launches AI-powered approach to subsurface data transformation.

Half of workers report rising risk of major industrial disaster; ‘near misses’ on the rise.

Viridien and Aker BP to strengthen collaboration across multi-client ocean bottom node (OBN) seismic data acquisition, imaging, and technology development.

NSTA confirms that Spirit has successfully entered the ‘Assess Phase’ of its carbon storage licence.

The International Gas Union (IGU) together with the Association of Oil, Gas and Renewable Energy Companies of Latin America and the Caribbean (ARPEL), and the Latin American Energy Organisation (OLACDE) launched a landmark report, Opportunities for the Development of Gas in Latin America and the Caribbean.

Energy technology leader utilises KeeperPAM to secure 24/7 engineering workflows and eliminate credential risks across a distributed, BYOD workforce.

The non-contact displacement sensors provide high reliability and performance in high-pressure environments, including oil, gas, and subsea condition monitoring, ranging from 500 psi to 40 000 psi.

WellSense has formed a strategic partnership with Geowell in Malaysia to service growing operator demand for distributed fibre optic sensing (DFOS) well integrity surveys and ensure rapid in-country availability of its Fli technology.

Motive Offshore Group (Motive) has announced the acquisition of subsea cable monitoring and integrity technology provider, C-Kore, in a move set to enhance its global testing, inspection and certification (TIC) capabilities.

MiQ, the global leader in methane emissions certification, has announced that it has certified Shell Offshore Inc. (Shell)’s entire production portfolio in the Gulf of Mexico (GoM), making Shell the first operator to achieve MiQ certification in the basin.

Downhole Tools International (DTI), provider of coil tubing, wireline, slickline and cable deployed tools, has rebranded as Pragma as the company shifts strategic emphasis towards development and commercialisation of advanced well barrier technologies.

Global automation leader Emerson will co-develop corrosion management solutions for the Saudi Arabian Oil Co. (Aramco), one of the world’s leading integrated energy and chemicals companies.

Global ocean services provider DeepOcean has been awarded a significant subsea contract package by Equinor for multiple fields on the Norwegian continental shelf, including the Barents Sea, with offshore work spanning 2027 - 28.

Manish Kumar comments on the importance of digital transformation, operational traceability, and structured data governance in oil and gas manufacturing.

Heightened geopolitical tensions linked to the Iran conflict are driving renewed interest in short-term Power Purchase Agreements (PPAs), as European energy buyers look to shield themselves from price volatility and supply shocks, according to new analysis from Montel.