Mitchell Wallace, Managing Partner at StreamLynk Partners, a partner of Vroozi, suggests that while procurement perfects compliance metrics, operations burns millions waiting on materials.
TotalEnergies (35%, operator) and its partners Eni (35%) and QatarEnergy (30%) have signed an agreement with the Lebanese government to enter Block 8 exploration permit offshore Lebanon.
The report identifies five key themes that will shape the upstream sector in 2026 as operators balance capital discipline with strategic portfolio positioning for the 2030s.
These agreements lay the foundation for safe and competitive operations at Equinor’s offshore installations and onshore plants in the years to come.
Nexans has successfully completed the high-voltage subsea cable installation on the Tyrrhenian Link Project in Italy, confirming a world-record installation depth of 2150 m for a 500 kV high-voltage direct current (HVDC) subsea cable.
The Nashville exploration well was drilled more than five miles beneath the seabed and confirmed high-quality oil in one of the Gulf’s most promising deepwater formations.
Julie Copland, Head of Wells, Elemental Energies, and Iain Farrow, Elemental Archer JV Manager, answer questions regarding decommissioning oil and gas assets.
With Congo LNG Phase 2 starting operations, Congo is gearing-up for accelerated upstream growth.
Shell Brasil Petróleo Ltda. (Shell Brasil), a subsidiary of Shell plc, has secured additional equity in Brazil’s pre-salt oil projects following an auction led by Pré-Sal Petróleo.
US Lower 48 rig count to fall below 500 while gas assets drive M&A rebound in 2026.
With 17 high impact wells completed in 2025, Africa will need significant investment to support natural gas demand in the near-medium term.
Share buybacks at risk as companies face toughest strategic balancing act yet.
The certification applies to Saipem’s entire offshore asset portfolio, including construction vessels, drilling ships and platforms, floating production and storage units, as well as related onboard equipment – such as pipe-handling systems, cranes, mobile equipment and ROVs – and support activities at logistics bases and offices.
Saipem announces that Aker BP has exercised a new option to extend the contract for the semi-submersible drilling unit Scarabeo 8, prolonging its deployment for an additional year.
The Trump administration this week tried to browbeat European Union leaders, claiming that regulations limiting methane emissions from the production of imported natural gas hurt US companies exporting that gas.