Upstream news

Todd Razor, PACCAR Winch, USA, explains how collaboration is the key for the delivery of offshore hoist service training.

Plexus said the order will generate US$1 million in revenue and pave the way for further opportunities in the region.

The US Energy Information Administration has reported that US production of associated natural gas increased 7.9% in 2023 compared with 2022, according to data from Enverus Drillinginfo.

TechnipFMC has been awarded an integrated Engineering, Procurement, Construction, and Installation contract by TotalEnergies for its GranMorgu project on Block 58, the first oil and gas development offshore Suriname.

Halliburton Company will open new facilities in Namibia highlighting the importance of the country’s growing oil and gas industry. The facilities, which will support the company’s in-country operations, are located in Windhoek, Walvis Bay, Swakopmund, and Lüderitz.

GeoPark Ltd, an independent Latin American oil and gas explorer, operator, and consolidator, has announced the successful start of production in the Confluencia Norte Block (GeoPark non-operated, 50% WI) in Rio Negro, Argentina.

Ocean services provider DeepOcean and well management and reservoir specialist EXCEED have entered into a collaboration agreement to supply vessel-based well plug and abandonment (P&A) services to the global decommissioning market.

QatarEnergy has entered into an agreement with Chevron to acquire a 23% working interest in the concession agreement for the North El-Dabaa (H4) Block, in the Mediterranean Sea offshore Egypt.

ADNOC has announced the award of contracts valued at AED720 million ($196.2 million) for local manufacturing of a wide range of products across its value chain. The announcement was made at ADNOC’s Business Partnership Forum which was held on the sidelines of ADIPEC.

Pantheon Resources plc, an oil and gas company developing the Kodiak and Ahpun oil fields in close proximity to pipeline and transportation infrastructure on Alaska's North Slope, has announced the spudding of the Megrez-1 well to explore the eastern topsets in the Ahpun field, immediately adjacent to pipeline and road infrastructure.