News
TotalEnergies says offshore wind chiefly to blame for $700 million earnings hit
1+ hour, 25+ min ago (43+ words) TotalEnergies says offshore wind chiefly to blame for $700 million earnings hit'Upstream Online TotalEnergies says offshore wind chiefly to blame for $700 million earnings hit French oil giant has stuck to its pledge to invest in renewables, but major hit could weaken…...
New offshore projects set to spur growth for Angola-focused player
8+ hour, 54+ min ago (35+ words) New offshore projects set to spur growth for Angola-focused player'Upstream Online New offshore projects set to spur growth for Angola-focused player Afentra has sights on at least three fast-track, low-cost developments...
SBM Offshore expands Asian hub to boost global FPSO projects
1+ day, 16+ hour ago (42+ words) SBM Offshore expands Asian hub to boost global FPSO projects'Upstream Online SBM Offshore expands Asian hub to boost global FPSO projects SBM Offshore's India subsidiary has grown from an engineering-only operation into comprehensive a global project execution office for FPSO…...
UK player steps up Australia drilling campaign
1+ day, 20+ hour ago (197+ words) Georgina Energy has launched RFQs for the drilling of its Hussar prospect onshore Australia planned for the third quarter of this year UK-listed Georgina Energy is expanding its footprint in Australia via the acquisition of more acreage and advancing its…...
US allows oil majors to return to Venezuela and sign deals with PDVSA
2+ day, 22+ hour ago (59+ words) The US on Friday issued two new general licences that allow oil majors to potentially explore Venezuela and produce oil from its bountiful reserves, nearly six weeks after US forces stormed Caracas ... US allows oil majors to return to Venezuela…...
Argentina’s LNG projects set to break shackles on Vaca Muerta gas production
3+ day, 3+ hour ago (61+ words) In the final part of a five-story special, Upstream analyses how two upcoming LNG facilities can expand gas output in Argentina's unconventional play ... Argentina's LNG projects set to break shackles on Vaca Muerta gas production In the final part of…...
Namibia: Rivals submit fresh prices for TotalEnergies' Venus FPSO
3+ day, 9+ hour ago (30+ words) Namibia: Rivals submit fresh prices for TotalEnergies' Venus FPSO'Upstream Online Namibia: Rivals submit fresh prices for TotalEnergies' Venus FPSO Supermajor's chief executive optimistic about final investment decision in mid-2026...
State giant triggers race for $6 billion-plus package on giant gas development
3+ day, 12+ hour ago (43+ words) State giant triggers race for $6 billion-plus package on giant gas development'Upstream Online State giant triggers race for $6 billion-plus package on giant gas development BGC development would unlock three undeveloped gas cap reservoirs, with output sent to new gas plant...
‘Enormous amount’ of stranded Russian oil tightens ‘real’ crude market: Vitol CEO
3+ day, 16+ hour ago (47+ words) Enormous amount" of stranded Russian oil tightens real" crude market: Vitol CEO'Upstream Online Enormous amount" of stranded Russian oil tightens real" crude market: Vitol CEO Traditional buyers of Russian and Iranian crudes now seeking more Western or Saudi Arabian crudes,…...
Petronas prepares for high-impact ultra-deepwater wildcat
3+ day, 17+ hour ago (32+ words) Petronas prepares for high-impact ultra-deepwater wildcat'Upstream Online Petronas prepares for high-impact ultra-deepwater wildcat Multimillion-dollar contracts up for grabs to support exploration drilling expected to commence in October...