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Seadrill Adds Approximately $200 Million in Offshore Rig Backlog Across Three Contracts

Seadrill Adds Approximately $200 Million in Offshore Rig Backlog Across Three Contracts

by Efrain Garcia | Sep 8, 2026 | Upstream News

Allstream Insiders Summary Seadrill has added approximately $200 million to its contract backlog through three offshore drilling awards and extensions announced after the company’s May 2026 fleet-status report. The commercial activity covers two drillships and...
Diversified Energy to Acquire Birch for $1.8 Billion, Adding 68,000 boe/d and Permian Infrastructure

Diversified Energy to Acquire Birch for $1.8 Billion, Adding 68,000 boe/d and Permian Infrastructure

by Efrain Garcia | Sep 8, 2026 | Upstream News

The proposed transaction would add approximately 68,000 boe/d, 46,000 net Permian acres and an integrated network of production, gathering and water infrastructure. Published by Allstream Insiders Allstream Insiders Summary Diversified Energy Company has signed...
White House Announces Venezuela Oil Agreement Covering 17 Fields and Up to $100 Billion of Planned Infrastructure

White House Announces Venezuela Oil Agreement Covering 17 Fields and Up to $100 Billion of Planned Infrastructure

by Efrain Garcia | Sep 8, 2026 | Upstream News

The White House says North American Blue Energy Partners received 100-year concessions covering 17 Venezuelan oil fields and plans to invest up to $100 billion in new oil infrastructure, but the government has not identified the fields or published a...
Shell Reaches FID on Three-Well Phase 12a Deepwater Gas Development Offshore Egypt

Shell Reaches FID on Three-Well Phase 12a Deepwater Gas Development Offshore Egypt

by Efrain Garcia | Sep 7, 2026 | Upstream News

The sanctioned development will add three deepwater gas wells tied into existing West Delta Deep Marine subsea infrastructure, with first production targeted for 2028. Published by Allstream Insiders Allstream Insiders Summary Shell subsidiary BG Delta Limited and its...
Weatherford Shareholders Approve Move of Parent Company to Delaware, Targeting Fourth-Quarter 2026 Completion

Weatherford Shareholders Approve Move of Parent Company to Delaware, Targeting Fourth-Quarter 2026 Completion

by Efrain Garcia | Sep 7, 2026 | Upstream News

This article is brought to you by: Tuboscope, leaders in high performance internal coatings built to protect tubulars in harsh operating environments The oilfield-services company expects the proposed change in the legal domicile of its ultimate parent company from...
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Recent Posts

  • Seadrill Adds Approximately $200 Million in Offshore Rig Backlog Across Three Contracts
  • Diversified Energy to Acquire Birch for $1.8 Billion, Adding 68,000 boe/d and Permian Infrastructure
  • White House Announces Venezuela Oil Agreement Covering 17 Fields and Up to $100 Billion of Planned Infrastructure
  • Shell Reaches FID on Three-Well Phase 12a Deepwater Gas Development Offshore Egypt
  • Weatherford Shareholders Approve Move of Parent Company to Delaware, Targeting Fourth-Quarter 2026 Completion

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