
PCEC signs strategic agreements with Petróleos de Venezuela
Pacific Coast Energy Company has announced strategic agreements with Petróleos de Venezuela, S.A. to redevelop Venezuelan Delta and Cabimas oil fields.
Browse the latest upstream project news news and articles.

Viridien has announced the signing of a strategic multi-client partnership agreement with Société de Pétroles du Sénégal (PETROSEN), Senegal's national petroleum company.

Odfjell Technology has signed a Memorandum of Understanding (MoU) with Applied New Technologies (ANT) to work together to deliver a next generation erosion tool for well plug and abandonment (P&A) projects across Southeast Asia.

Rebuilding asset visibility from the component level up, by Rajaram Madhavan, SLB.

Exploration spending faces pressure as industry pivots to strategic acreage deals, giant field redevelopment, and next-generation geothermal commercialisation.

The report identifies five key themes that will shape the upstream sector in 2026 as operators balance capital discipline with strategic portfolio positioning for the 2030s.

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 has successfully delivered first oil from the Atlantis Drill Center 1 expansion.

Wood Mackenzie releases five charts that spotlight the most significant trends reshaping the sector globally.

Rystad reports on how digital innovation is changing the oilfield services sector.