Saga continues: TotalEnergies chief executive Patrick Pouyanne has been asked by the French supermajor’s board to investigate the merits of a listing in the #US and will relay his findings this September. https://lnkd.in/d--6YGnD
Upstream
Book and Periodical Publishing
Energy Explored. Unrivalled news coverage of the global oil and gas industry – and its transition to cleaner energy.
About us
Upstream is the market-leading news source for the global oil and gas industry. We deliver news on the latest opportunities in oil, LNG and shale with focus on the key players, business, policy and trends. Our editorial strategy is to relentlessly pursue accurate, exclusive and independent news supported by insight, analysis, features and profiles - offering an insider’s view of the issues and the people impacting the sector.
- Website
- http://www.upstreamonline.com
External link for Upstream
- Industry
- Book and Periodical Publishing
- Company size
- 51-200 employees
- Headquarters
- London
- Type
- Privately Held
- Founded
- 1996
- Specialties
- Oil & Gas, Field Development, Exploration & Production, Shale & Unconventionals, Offshore, Mergers & Acquisitions, LNG, Safety & Environment, Politics, Technology, News, Media, Newspaper, and energy
Locations
- Primary
Get directions
125 Wood Street
London, EC2V 7AN, GB
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Get directions
Christian Krohgs gate 16
Oslo, Norway 0186 , NO
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Get directions
The Riverwalk #04-04
20 Upper Circular Road
Singapore, Singapore 058416, SG
Employees at Upstream
Updates
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Chevron’s first quarter production rose 12% year over year, driven by higher-than-expected output in its US markets. https://lnkd.in/dDeQyFNt
Chevron’s US assets lift production higher in first quarter
upstreamonline.com
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Leading the pack: TotalEnergies is looking to sanction the first phase of its huge Venus project offshore #Namibia in late 2025, targeting production of as much as 180,000 barrels per day. https://lnkd.in/dDuuadUW
Namibia: TotalEnergies targets 180,000 bpd FPSO for huge Venus project with sanction eyed for late 2025
upstreamonline.com
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ExxonMobil has reported a 28% drop in quarterly earnings that missed analyst estimates, as results were hit by a decrease in industry refining margins and falling natural gas prices from last year’s highs. https://lnkd.in/dM7HbD5r
ExxonMobil profit falls 28% and misses Wall Street estimates
upstreamonline.com
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Eni aims to sanction Phase 3 of its major Baleine oil and gas project offshore Ivory Coast in early 2025, and is also working on appraisal and development plans for its nearby Calao discovery, which holds 1.5 billion barrels of oil equivalent of potential resources. https://lnkd.in/dbERQbFP
Eni eyes sanction date for Baleine Phase 3 in Ivory Coast
upstreamonline.com
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Exclusive: McDermott International, Ltd has completed the float-over installation of the topsides of the huge offshore central processing facility for Oil and Natural Gas Corporation Limited (ONGC) KG-DWN-98/2 deepwater development project, off #India’s eastern coast. https://lnkd.in/ds5yAPZj
McDermott completes float-over installation for huge Asian offshore facility
upstreamonline.com
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Strong demand: #China’s top offshore services provider China Oilfield Services Limited Service Ltd (COSL) has cited stable rig utilisation for its 20% boost in first quarter revenues to to 10.15 billion yuan ($1.4 billion) against the same period last year. https://lnkd.in/dsZeTjGY
COSL earnings soar on stable rig utilisation
upstreamonline.com
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Concerns: Lower gas prices hit TotalEnergies' profit for the first quarter of 2024, which dropped 22% year-on-year, while revenues also fell. https://lnkd.in/dnf7NRZ9
TotalEnergies profit drops 22%, 'massive' working capital increase flagged as a concern
upstreamonline.com
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Word of mouth: Shell is reported to have made a gas discovery with its Khufu-1 exploration well offshore #Egypt. https://lnkd.in/dGpactq7
Does Shell have another discovery on its hands offshore Egypt?
upstreamonline.com
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Long wait: A newbuild floating production, storage and offloading vessel is poised for a much-awaited sailaway from a shipyard in south-west Norway to its new home at the $6 billion Johan Castberg project in the Barents Sea, operated by Equinor. https://lnkd.in/dfurGHZy
FPSO which will be ‘the giant of the north’ set for sailaway in Norway
upstreamonline.com