Upstream project news
Saipem: third extension of contract with Aker BP for Scarabeo 8 for offshore drilling activities in Norway into 2028
Saipem announces that Aker BP has exercised a new option to extend the contract for the semi-submersible drilling unit Scarabeo 8, prolonging its deployment for an additional year.
bp starts up seventh major project of 2025
bp has successfully delivered first oil from the Atlantis Drill Center 1 expansion.
Wood Mackenzie: Five mega-trends reshaping the global energy and resources landscape in 2025
Wood Mackenzie releases five charts that spotlight the most significant trends reshaping the sector globally.
Rystad Energy: Key digital initiatives could save oil and gas industry over US$320 billion
Rystad reports on how digital innovation is changing the oilfield services sector.
bp progresses plans for the significant Bumerangue discovery, offshore Brazil
bp has provided an update following its significant hydrocarbon discovery at the Bumerangue block, located in the pre-salt Santos Basin, offshore Brazil.
Petrobras announces production record of FPSO Almirante Tamandaré (Búzios 7)
On average, the platform’s production exceeded 250 000 bpd throughout the month of October, representing a volume above its nominal capacity of 225 000 bpd.
Jet-propelled well conveyance technology completes successful US field trial
WellSense, a specialist in fibre optic well diagnostics, has developed a single-use, jet-propelled and battery powered well conveyance technology, which is able to rapidly deploy bare fibre into highly deviated wells.
DNV: Policy reversals in the US will have marginal impact on global energy transition
Ninth edition of DNV’s Energy Transition Outlook finds that policy reversals in the US will only have a marginal impact on the global energy transition.
WellSense sells FiberLine Intervention licence to an oilfield service company
The deal marks the first technology divestment for WellSense and FrontRow Energy Technology Group.
CNOOC Ltd brings on-stream Wenchang 16-2 Oilfield Development Project
The project is located in the western Pearl River Mouth Basin, with an average water depth of approximately 150 m.