Upstream news

SLB has announced the award by bp of a substantial EPCI contract for the Ginger project offshore Trinidad and Tobago.

Granted rights for joint hydrocarbon exploration in two Hungarian concession areas, Tamási and Buzsák.

Annular pressure build-up (APB) mitigation for wells at Whale development.

Management estimates indicate 56 million barrels oil in place of which approximately 25 million barrels are considered recoverable.

The collaboration aims to integrate Weatherford's software and hardware solutions, including the Modern Edge suite, Unified Data Model, and WFRD Software Launchpad, with AIQ's AI-driven systems.

Crescent Energy Company has announced the closing of the sale of non-operated Permian Basin assets to a private buyer for US$83 million in cash, subject to customary post-closing purchase price adjustments. The assets are located in Reeves County, Texas and had projected full-year 2025 production of approximately 3 thousand boe/d (~35% oil).

TotalEnergies has announced the start of production from the deepwater Ballymore field offshore US, in which the Company has a 40% interest alongside operator Chevron (60%).

Long-term contracting model consistently delivers sustainable value for shareholders, with fleet and energy services expansion driving growth.

Kongsberg Discovery transforms ocean data management with Blue Insight Geomatics launch.

SPIE awarded general maintenance contract with Sonangol Exploração & Produção for the Block 3/05 oil complex.