Upstream news

Halliburton Company has announced it has introduced the Intelli suite of diagnostic well intervention wireline logging services.

CNX Resources Corporation has announced that it has entered into a definitive agreement to acquire the natural gas upstream and associated midstream business of Apex Energy II, LLC.

McDermott has been awarded a front-end engineering design (FEED) contract by Repsol Exploración México S.A. for the Polok and Chinwol field development project in the Gulf of Mexico.

John Wood Group PLC has signed three major agreements with bp to provide engineering and project delivery services for their capital projects worldwide.

The incorporated joint venture (IJV) will be set up to sustain domestic oil and gas production and security of energy supply in the UK.

The transaction, which has an effective date of 1 October is expected to close in 1Q25, subject to customary closing conditions.

Sintana Energy Inc. has provided the following further update regarding the second campaign on blocks 2813A and 2814B located in the heart of Namibia’s Orange Basin.

CNOOC Ltd has announced that Jinzhou 23-2 Oilfield Development Project has commenced production.

Innovex previously made a minority investment in DWS in May 2023.

Light oil was discovered in Palaeocene sandstones of good reservoir quality with preliminary estimates of gross recoverable resources in the range of 27 – 57 million boe on a P90-P10 basis, with a mean of 41 million boe.