Upstream
Greenland Energy signs with Halliburton to drill in the Arctic
The Jameson Land basin encompasses approximately 2 million acres with no previous modern drilling.
Upstream focuses on the first stage of the energy value chain, where exploration, drilling and production define the development of hydrocarbon resources. This section covers news on field discoveries, drilling campaigns, production projects, reservoir activity and the technical and financial decisions shaping upstream operations.
Coverage includes new exploration programs, offshore and onshore developments, production expansion, investment announcements and technological advances aimed at improving efficiency, recovery and operational performance. It also highlights regulatory frameworks, partnerships and strategic moves influencing resource development in key regions.
Through these stories, Upstream tracks the assets, operators and production initiatives shaping the supply base of the global oil and gas industry.
Latest Upstream News
Upstream
INTECH wins contract for upstream gas development in West Africa
The contract consolidates INTECH's expansion in the West African energy sector.
Upstream
Equinor obtains drilling permit for well in the Barents Sea
The drilling permit granted to Equinor Energy AS marks a new breakthrough in offshore exploration in Norway.
Upstream
AHTS contracts with PETRONAS & Perdana strengthen offshore support
Perdana secures AHTS contracts with PETRONAS, highlighting its fundamental role compared to other offshore vessels in complex operations.
Upstream
EQT raises its free cash flow to a record and beats expectations in the first quarter
EQT started 2026 with record free cash flow, higher gas production, and an accelerated reduction in its net debt.
Upstream
Eni confirms major gas discovery in Indonesia
Eni discovers 5 Tcf of gas in Indonesia, reinforcing the energy potential of the Kutei Basin and its offshore development.
Upstream
Petrobras to implement the world’s largest seismic monitoring system
The seismic monitoring system in the Mero field will optimize production and improve deepwater reservoir management.
Upstream
TotalEnergies and TPAO sign agreement to explore the Black Sea
TotalEnergies and TPAO promote joint hydrocarbon exploration in the Black Sea
Upstream
Transocean expands its backlog with Petrobras until 2030
The extension will secure $445 million in revenue and guarantees the operation of the Deepwater Corcovado vessel until 2030.
Upstream
GUPCO boosts production to 67,000 bpd with a new well in Suez
GUPCO increased its production to 67,000 bpd after bringing the South Wasl BB well online in the Gulf of Suez, delivering 2,500 bpd and…
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