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Upstream news updates

Vallourec wins 5-year contract in Brazil

Vallourec has announced the signature of a 5 year contract with Equinor in Brazil for the turnkey supply of premium tubes and connections, accessories, and services.

 

TotalEnergies sells its subsidiary in Brunei

TotalEnergies has entered into an agreement to sell its wholly-owned subsidiary TotalEnergies EP B.V. to Hibiscus Petroleum Berhad, a Malaysian independent oil and gas exploration and production company, for a consideration of US$259 million.

L&T wins offshore order from ONGC

The Hydrocarbon vertical (L&T Energy) of Larsen & Toubro has secured an order from the Oil & Natural Gas Corporation for Daman Upside Development Project-Wellhead Platforms & Pipelines (DUDP-WP), off India’s west coast.


More oil news updates

 

Matador Resources Company announces strategic bolt-on Delaware Basin acquisition

Matador Resources has announced that a wholly-owned subsidiary of Matador has entered into a definitive agreement to acquire a subsidiary of Ameredev II Parent, including certain oil and natural gas producing properties and undeveloped acreage located in Lea County, New Mexico and Loving and Winkler Counties, Texas.

 

Drilling update booth well in l7 permit Perth basin

Triangle Energy Global has advised that preparatory works by the L7 Joint Venture with Strike Energy and New Zealand Oil and Gas to drill the Booth-1 well in the North Perth Basin are nearing completion and all regulatory approvals have been received.

 

Viridien awarded seismic imaging project in Algeria

The company has been selected by Groupement Berkine to perform the seismic imaging of a high-density onshore data set over blocks B404a and B208 of the Berkine Basin in Eastern Algeria.

 
 
 
 

Sintana Energy acquires 49% of Giraffe Energy

Sintana Energy has closed its previously announced acquisition of an initial 49 % interest in Giraffe Energy Investments, pursuant to a definitive agreement dated effective April 24 2024, with Crown Energy and Giraffe.

 

FEED contract award for the Zama project offshore Mexico

The Zama Unit partners Wintershall Dea, Pemex (operator), Talos Energy and Harbour Energy have awarded the front-end engineering and design contract (FEED) for the development of the Zama oil field to the French engineering company DORIS.