Upstream news

Caterpillar Oil & Gas has announced the launch of the Cat® Dynamic Gas Blending™ (DGB) Gen 2 Kit.

BP plans new wells for Shah Deniz to sustain gas production.

ORLEN is currently operating three gas fields in the County of Jarocin and plans to explore additional prospects in the area.

Impact Oil & Gas Ltd has provided an update on its operations at the Tamboti-1X exploration well and announces spudding of Marula-1X exploration block 2913B (PEL 56) offshore Namibia.

McDermott has announced the completion of transportation, installation, and commissioning activities for the Kikeh subsea gas lift project, awarded by PTTEP Sabah Oil Limited (PTTEP) in 1Q24.

CNOOC Limited has announced that Bozhong 26-6 Oilfield Development Project (Phase I) has commenced production.

The US Senate on Monday 3 February confirmed Chris Wright, a fracking executive, to be President Donald Trump's energy secretary.

Baker Hughes, an energy technology company has announced three new electrification technologies that will provide enhanced reliability, increased efficiency and reduced emissions for onshore and offshore operations.

According to Rystad Energy, upstream merger and acquisition (M&A) activity is expected to slow significantly in 2025 following two years of record-high transactions driven by US shale mergers.

Crescent Energy Company has announced the closing of its acquisition of Central Eagle Ford assets from Ridgemar Energy for upfront consideration of US$905 million, consisting of US$830 million in cash and 5 454 546 shares of Class A common stock.