Upstream news
DeepOcean selected as Vår Energi’s IMR partner
The contract has a firm duration of five years, running until end of October 2030, with options to extend for up to an additional four years.
Energy Community Implementation Report: A new energy landscape demands faster EU-Energy community integration
EU-Energy Community energy market integration pre-accession has become a mutual economic, climate, and security imperative.
Curbing GHG emissions and costs
Michael Weidenfeller, Product Strategy Manager for Drilling and Mobile Power Applications, Caterpillar Oil & Gas, highlights how fuel-flexible dual-fuel engine technology is an important and reliable solution to reduce diesel consumption on oil and gas rigs.
bp starts up seventh major project of 2025
bp has successfully delivered first oil from the Atlantis Drill Center 1 expansion.
Wood Mackenzie: Five mega-trends reshaping the global energy and resources landscape in 2025
Wood Mackenzie releases five charts that spotlight the most significant trends reshaping the sector globally.
EIA launches STEO modernisation; revises natural gas forecast on cold snap
The Energy Information Administration (EIA) announced plans to modernise its core short-term forecasting system.
Rystad Energy: US shale braces for next consolidation wave as smaller players seek scale
New wave of consolidation is coming for small- and medium- sized US shale producers.
TotalEnergies merges its upstream business with NEO NEXT, creating the largest independent oil and gas producer in the UK
TotalEnergies has signed an agreement with NEO NEXT Energy Limited (NEO NEXT) under which TotalEnergies will merge its Upstream business with NEO NEXT and become the leading shareholder in the expanded NEO NEXT, which will be renamed NEO NEXT+, with a 47.5% ownership.
Equinor makes new discoveries in the North Sea
These are Equinor’s largest discoveries so far this year and can be developed for the European market through existing infrastructure.
Wood to help boost gas integration at Equinor’s Snorre field
New US$27 million EPCI contract with Equinor in the Norwegian North Sea.