Upstream news
SLB awarded carbon storage contract for Northern Endurance Partnership project in UK
SLB secures comprehensive carbon storage solutions contract for pioneering CCS infrastructure.
Chevron completes acquisition of Hess
Chevron Corporation has announced that it has completed its acquisition of Hess Corporation following the satisfaction of all necessary closing conditions, including a favourable arbitration outcome regarding Hess’ offshore Guyana asset.
Central European Petroleum makes major Wolin East oil discovery offshore Poland
Estimated oil and gas resources in Wolin East constitute the largest conventional hydrocarbon field yet discovered in Poland, and one of the largest conventional oil discoveries in Europe in the past decade.
Hunting announces US$31 million subsea order for the Black Sea
The award follows Hunting’s maiden contract for the phase two development received in 2024, which is currently under production and will be completed by 2026. Together, the two awards represent c. US$51.6 million of revenue for the Group.
Gettings sensors right
Sagentia Innovation’s Dan Spencer, R&D Consultant, and Michele Turitto, Managing Partner, Industrial, Chemicals, and Energy, discuss how to deliver on upstream goals with expert selection and integration of sensors.
TechnipFMC awarded engineering contract for Equinor’s Heidrun extension offshore Norway
TechnipFMC has been awarded a significant integrated Engineering, Procurement, Construction, and Installation (iEPCI™) contract by Equinor for its Heidrun extension project in the Norwegian North Sea.
SLB completes acquisition of ChampionX
With the closing of the transaction, former ChampionX shareholders now own approximately 9% of SLB’s outstanding shares of common stock.
Seatrium: first turnkey FPSO delivery to Petrobras
Seatrium to propel offshore innovation with first turnkey FPSO delivery to Petrobras.
Union Jack Oil plc sign farm-in agreement with Reach Oil and Gas for the Sark Drilling Project
The agreement is to acquire a 60% working interest (paying 80%) in the Sark well, planned to be drilled early 3Q25, located in Central Oklahoma, US.
Expro secures contract with Woodside Energy for Trion deepwater project
Expro to deliver advanced tubular running and cementing services for Woodside’s first ultra-deepwater development offshore Mexico.