Upstream Oil & Gas

LATEST
NEWS

All News For
Upstream Oil & Gas

Hewlett Packard Enterprise and Eni Build One of the World’s Most Powerful Enterprise Supercomputers for AI

Hewlett Packard Enterprise has announced it is building a next-generation supercomputer called HPC6 for Eni, one of the world’s largest energy providers. Eni will use the system to advance scientific discovery and engineering toward accelerating innovation in energy transition. Eni has a long history of using supercomputers to aid its goal of reaching net zero. Once

READ MORE »

Energy Hire, a AI-Enhanced Energy Industry Hiring Platform, Launches

The team that created Energy Freelance, the energy industry hiring platform that supports contractor engagements with seamless project management tools, announced the launch of Energy Hire, a robust new platform dedicated to full-time energy industry hiring and career development, featuring a groundbreaking suite of industry-specific machine learning (AI) tools. “With this new platform, we are

READ MORE »

NNPC, U.S. Govt., Deloitte Collaborate on Greenhouse Gas Emission Reduction

The Nigerian National Petroleum Company Limited (NNPC Ltd.) is working in collaboration with the U.S. Department of State Bureau of Energy Resources (DOS-ENR) under the Energy and Mineral Governance Program (EMGP) and Deloitte, as the implementing partner to meet its net-zero carbon goals by embarking on a project aimed to reduce greenhouse gas (GHG) emissions

READ MORE »

Suncor Energy has been too focused on energy transition, must get back to fundamentals: CEO

According to BNN Bloomberg, the man hired to turn around the flagging fortunes of Suncor Energy Inc. said he believes the company has been too focused in recent years on the energy transition and must get back to an oil-centered business strategy.  CEO Rich Kruger, who took the reins at the Calgary-based energy giant this

READ MORE »

Canacol Energy updates drilling, exploration operations for new gas discovery

According to World Oil, Canacol Energy Ltd. provided information concerning the new Lulo 1 gas discovery and near-term drilling plans. The Lulo 1 exploration well, located on the 100% operated VIM21 Exploration and Production (“E&P”) contract, encountered 207 feet of net gas pay within the Cienaga de Oro (“CDO”) sandstone reservoir. Lulo 1 was permanently

READ MORE »

Equinor: Production from Johan Sverdrup field reaches “record-high” production during capacity test

According to World Oil, a successful capacity test was performed, confirming that the Johan Sverdrup field can produce up to 755,000 bopd. During a capacity test at Johan Sverdrup, the field reached a record-high production level of 755,000 bopd. This equals six to seven percent of the daily European oil consumption. “This process capacity test

READ MORE »

Garrison Energy launches operations to explore oil and gas in Permian Basin

Garrison Energy, a US-based oil and gas exploration and production company, has announced the launch of its operations, according to a press release.  Concurrently, the company has received a $500m equity investment from an unknown institutional investor, its management team, and employees. The Midland, Texas-based company aims to expand operations by acquiring assets in the

READ MORE »

Subsea7 wins a major subsea development contract worth over $750 million

According to World Oil, Subsea 7 S.A. announced the award of a major contract for a two-phase subsea development. The first phase has been recorded in the backlog of the Subsea and Conventional business unit in the second quarter of 2023. The second phase, expected in 2024, remains subject to sanction by the client. According

READ MORE »

Shelf Drilling secures drilling contract offshore Norway for $61 million

According to World Oil, Shelf Drilling, Ltd. announced that a subsidiary of Shelf Drilling (North Sea), Ltd. has secured an offshore drilling contract for the Shelf Drilling Barsk jack-up rig with Equinor for operations at the Sleipner Vest field, located in the Norwegian continental shelf. The firm term of the contract is two wells approximating

READ MORE »

ExxonMobil advances fifth oil development offshore Guyana

According to World Oil, ExxonMobil made a final investment decision for the Uaru development offshore Guyana after receiving the required government and regulatory approvals. The company expects Uaru, the fifth project on Guyana’s offshore Stabroek block, to add approximately 250,000 bbl of daily capacity after a targeted startup in 2026. The $12.7 billion Uaru project

READ MORE »

Equinor, Norwegian airport regulator to deploy drones over North Sea oil and gas rigs

According to World Oil, Equinor ASA, and Norwegian airport regulator, Avinor aim to make “advanced drone operations” over the North Sea commonplace to make it easier to inspect rigs and cut down the vast distances between the oil and gas platforms. Establishing an unmanned air traffic system will make it easier to employ drones up

READ MORE »

Trio Petroleum signs drilling rig contract for California oil well

According to World Oil, Trio Petroleum Corp., an oil and gas exploration and development company focused on strategic, high-growth energy projects in California, signed a drilling rig contract with Ensign Drilling, securing a fully equipped ADR 350 rig (#540) that can drill to a depth of 10,000 ft. Drilling operations are expected to commence in

READ MORE »

UPCOMING CONFERENCES

JOB LISTINGS

All Job Listings
For Upstream Oil & Gas

THE ENERGY CONFERENCE NETWORK COMMUNITY

Blockchain

Discuss & debate the latest in Blockchain. Leave comments, share ideas, or have a look at what others think.

VIEW CHANNEL

Decarbonization

Discuss & debate the latest in Decarbonization. Leave comments, share ideas, or have a look at what others think.

VIEW CHANNEL

Digitalization

Discuss & debate the latest in Digitalization. Leave comments, share ideas, or have a look at what others think.

VIEW CHANNEL

Energy Efficiency

Discuss & debate the latest in Energy Efficiency. Leave comments, share ideas, or have a look at what others think.

VIEW CHANNEL

Energy Storage

Discuss & debate the latest in Energy Storage. Leave comments, share ideas, or have a look at what others think.

VIEW CHANNEL

Hydrogen

Discuss & debate the latest in Hydrogen. Leave comments, share ideas, or have a look at what others think.

VIEW CHANNEL

Innovation

Discuss & debate the latest in Innovation. Leave comments, share ideas, or have a look at what others think.

VIEW CHANNEL

Midstream & Downstream Oil & Gas

Discuss & debate the latest in Midstream & Downstream Oil & Gas. Leave comments, share ideas, or have a look at what others think.

VIEW CHANNEL

Renewables

Discuss & debate the latest in Renewables. Leave comments, share ideas, or have a look at what others think.

VIEW CHANNEL

Supply Chain

Discuss & debate the latest in Supply Chain and Procurement. Leave comments, share ideas, or have a look at what others think.

VIEW CHANNEL

Utilities

Discuss & debate the latest in Utilities. Leave comments, share ideas, or have a look at what others think.

VIEW CHANNEL

Get In Touch

Untitled

Energy Conference Network

Join the Energy Conference Network and gain insight from industry leaders, peer forums, and events. Promote your business through our member directory and be the first to hear about upcoming webinars & events.

Register Today