Upstream news
Baker Hughes, Repsol to collaborate on AI-powered workflows
Baker Hughes said the companies will develop new AI-powered processes and workflows to achieve further optimisation in oil and gas production.
CNOOC sees record oil and gas output from independent field
The Chinese state company also recently discovered one of the world’s first large ultra-shallow gas fields in ultra-deep water.
SLB OneSubsea awarded major contract for deepwater project in Brazil
SLB’s OneSubsea joint venture has been awarded a major contract by Petrobras for the Roncador project, offshore Brazil.
Shelf Drilling announces new contracts in West Africa
Shelf Drilling Ltd has announced new contracts for two jack-up rigs in Nigeria.
Shearwater to conduct new Angolan OBN survey for TotalEnergies
Shearwater Geoservices Holding AS (Shearwater) has announced an award by TotalEnergies for an Angolan OBN project.
NOR Offshore Rental expands UK operations with major Sonardyne technology investment for construction survey
NOR Offshore Rental (NOR) has made a multi-million-pound investment in Sonardyne products as part of their expansion at NOR Ltd, their UK subsidiary office in Aberdeen.
CNOOC Ltd commences production at Bozhong 19-2 oilfield development project
The oilfield is expected to reach a peak production of approximately 18 800 bpd of crude oil in 2025.
EIA: short-term energy outlook
The US Energy Information Administration has released its short-term energy outlook for October.
As politics calms, oil output in Libya exceeds one million bpd
The North African nation has struggled with political instability since the ousting of Muammar Gaddafi in 2011.
Petrobras sets new production records at its refineries
Petrobras has reported that the Total Utilization Factor (FUT) of its refineries reached 96.8% in September, representing the highest monthly result in 2024.