Upstream news updates

The initiative leverages the technology and expertise of both companies to better secure OT environments across entire facilities.

Uncrewed technology collaboration in US Gulf of Mexico, from Sonardyne and SeaTrac Systems.

If African nations can collectively support upstream scalability, midstream connectivity, and downstream certainty, gas production will not merely surge – it will transform the entire continent for the better.

New US$27 million EPCI contract with Equinor in the Norwegian North Sea.

Kongsberg Maritime has signed a major contract with Sea1 Offshore to deliver Launch and Recovery Systems (LARS) for the company’s four new offshore construction vessels. Each vessel will be equipped with two advanced LARS units, supporting subsea construction and ROV operations.

With reserves of 36 million bbls of oil, Verdande helps extend Norne’s production beyond 2030.

Regional leaders will examine grid integration, regulatory reforms and investment opportunities shaping West Africa’s evolving power market.

Intermoor, Acteon’s Moorings and Anchors business line, has been awarded a three-year contract by Petrobras, following a Memorandum of Understanding (MoU) signed at the Offshore Technology Conference (OTC) in Houston in May 2025.

The Edvard Grieg field celebrates ten years of production and introduces a new area name: Eiga.

Hunting PLC, the precision engineering group, today announces that Hunting Energy Services Production Technology, Inc., Hunting’s recently acquired business which aims to optimise oil reservoir performance and recovery rates, has secured its first sampling and testing contract award in Brazil.

Shell UK Ltd, a subsidiary of Shell plc and Equinor UK Ltd, a subsidiary of Equinor ASA have completed a deal to combine their UK offshore oil and gas operations to form a new company. Adura will be the largest independent producer in the UK North Sea.

Further to an ongoing discussion of global exploration opportunities between TotalEnergies and Chevron, TotalEnergies EP Nigeria has signed a farmout agreement to sell to Star Deep Water Petroleum Limited, a Chevron company, a 40% participation in the PPL 2000 and PPL 2001 exploration licenses, offshore Nigeria.

The agreement, signed today at Kongsberg Discovery’s facility in Horten, Norway, was lauded as “a natural partnership”.

IMI expands its NEON sensor range with a combined sound and temperature sensor for the acoustic wireless monitoring of steam traps and pressure/safety relief valves.

Seatrium Limited has been awarded a contract from bp for the engineering, procurement, construction and onshore commissioning of the Tiber Floating Production Unit (FPU) project in the Gulf of Mexico.

Wood Mackenzie offers some key takeaways from COP30.

Norwegian Ocean services provider DeepOcean is close to finishing a contract from TotalEnergies involving the disconnection and towing of the Gryphon Alpha floating production storage and offloading (FPSO) unit, along with the removal of related subsea infrastructure.

Equinor CEO Anders Opedal said the move aligns with expectations of continued global demand for fossil fuels.

The agreement will become effective after the approval of the Uruguayan authorities.

Size of UK underwater market grows to £9.4 billion, but current UK govt policy is having negative impact.

Oil India Ltd (OIL) has finalised the capping of oil well KSG 76 at the Kharsang oilfield in the Indian state of Arunachal Pradesh following a blowout that resulted in an uncontrolled gas release.

This expansion increases Inchcape’s footprint in South Korea to three offices - Seoul, Busan, and now Geoje, covering 23 ports nationwide.

TotalEnergies announces that its subsidiary TotalEnergies EP Nigeria (TEPNG) has completed the divestment of its 12.5% non-operated interest in the OML118 Production Sharing Contract (PSC).

The International Gas Union (IGU) and Hawilti, supported by Africa Finance Corp., have released the second edition (2025) of Gas for Africa Report.