Upstream news

The acquisition is proposed through a consortium, with Horizon to acquire 75% of the shares in Exxon Mobil Exploration and Production Khorat Inc. with Matahio Energy acquiring the residual 25% and agreeing to manage EMEPKI employees and operatorship of the Nam Phong field on behalf of the consortium.

Enteq Technologies, the specialist energy services engineering and technology company, has successfully completed its latest round of trials for The SABER Tool, its Rotary Steerable System (RSS) technology, at Catoosa Test Facility. This phase validated engineering improvements made following previous testing.

Jeff Forsyth Jan Frieling and Fraser Smith, StimStixx, Canada, explore working with in-situ acid generation for oil and gas with opportunities in carbon capture and geothermal well stimulation.

Petrobras informs that it has identified the presence of hydrocarbons in the Campos Basin pre-salt, in an exploratory well of Norte de Brava block.

Baker Hughes awarded first technology agreement with Petrobras to develop stress corrosion cracking solution.

EIA forecasts that Alaskan crude oil production will grow in 2026, for the first time since 2017.

Vijay Desiraju, Celonis, explains why process intelligence can help capture value in the upstream industry.

Petrobras has announced that it has identified the presence of hydrocarbons in the Santos Basin pre-salt, in an exploratory well of Aram block.

The ABS-classed Liza Unity has become the first FPSO in the world to receive the SUSTAIN-2 notation from ABS.

Equinor has started production at the Halten East development in the Norwegian Sea, two years following approval from Norwegian authorities.