Upstream news
Kinder Morgan announces acquisition of gas gathering and processing system in Bakken from Outrigger Energy II
The acquisition includes a processing facility and a 104 mile, large-diameter, high-pressure rich gas gathering header pipeline connecting supplies from the Williston Basin area to high-demand markets.
Talos Energy announces successful drilling results at the Katmai West #2 well in the US Gulf of Mexico
Talos Energy Inc. has announced that the Katmai West #2 well located in the Ewing Bank area of the US Gulf of Mexico successfully encountered commercial quantities of oil and natural gas.
Equinor awarded 27 new production licences on the Norwegian continental shelf
The Ministry of Energy has awarded Equinor 27 new production licences in this year's Awards in Predefined Areas (APA).
GeoPark provides update on proposed acquisition of Repsol exploration and production assets in Colombia
GeoPark Ltd has announced that Repsol’s partner in SierraCol Energy Arauca LLC has exercised its preemptive rights to acquire 25% of Repsol’s interest in Llanos Norte in Arauca Department, Colombia.
Africa Oil announces increase in its interest in the core Orange Basin block 3B/4B
Africa Oil Corp. has announced an increase in the group’s direct interest in Block 3B/4B, offshore South Africa, to 18.0%.
ISG: Europe’s oil and gas industry turning to AI to improve operations amid energy security concern
A new report by ISG finds that Europe’s oil and gas industry is increasingly leveraging AI to optimise operations across its value chain.
Chevron bolsters US Gulf of Mexico production with whale facility startup
Chevron Corp. has announced the start of oil production from the Whale semi-submersible platform in the deepwater US Gulf of Mexico. Chevron USA Inc., a wholly owned subsidiary of Chevron Corporation, owns 40% working interest in Whale, with Shell Offshore Inc. owning 60% interest as operator.
SLB awarded multi-region deepwater contracts by Shell
Projects will span across UK North Sea, Trinidad and Tobago, Gulf of Mexico and others.
Equinor announces record gas production from North Sea Troll field
In 2024, the Troll field in the North Sea produced more gas than ever before, and emissions were significantly reduced.
PakEnergy acquires well management software provider Petrosight
PakEnergy, LLC, a provider of business automation and performance optimisation solutions for the energy industry, has announced the acquisition of Petrosight, Inc., a provider of advanced well management software.