Upstream news

Danny Constantinis, EM&I, Malta, addresses methods of maintaining the integrity of Floating Production Units (FPUs) and Floating Production, Storage, and Offloading (FPSO) assets.

bp has provided an update following its significant hydrocarbon discovery at the Bumerangue block, located in the pre-salt Santos Basin, offshore Brazil.

On average, the platform’s production exceeded 250 000 bpd throughout the month of October, representing a volume above its nominal capacity of 225 000 bpd.

Rystad Energy’s oil market update 23 September 2025.

The GGIP aims to sustainably develop Iraq’s natural resources to improve the country’s electricity supply while contributing to its energy independence and reducing its greenhouse gas (GHG) emissions.

The project is located in the western Pearl River Mouth Basin, with an average water depth of approximately 150 m.

Egypt has entered into four oil and gas exploration agreements with international companies valued at more than $340 million (E£16.52 billion), aiming to bolster domestic production in the face of growing energy demand.

The permits were awarded following the 2024 Exploration Round organised by the Nigerian Upstream Petroleum Regulatory Commission.

Oil and gas exploration and production company Indonesia Energy Corp. (IEC) has entered into a memorandum of understanding (MoU) with Brazil's Aguila Energia e Participações (AEP) to explore potential energy opportunities in Brazil.

The vessel will be used during the Pre-Operational Assessment (APO), scheduled to begin on 24 August.