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Valaris Announces Multi-Year Contract Awards for Drillships VALARIS DS-16 and DS-18

Valaris Announces Multi-Year Contract Awards for Drillships VALARIS DS-16 and DS-18

by Efrain Garcia | Jul 7, 2025 | Upstream News

This article is brought to you by: K+B Industries Leaders in Machining Premium Threads Hamilton, Bermuda, July 6, 2025 … Valaris Limited (NYSE: VAL) (“Valaris” or the “Company”) announced today that it has been awarded a 940-day contract extension for drillship...
Meta and XGS Energy Launch $1B Geothermal Power Project in New Mexico

Meta and XGS Energy Launch $1B Geothermal Power Project in New Mexico

by Efrain Garcia | Jun 20, 2025 | Upstream News

Meta and XGS Energy have announced a $1 billion partnership to develop a groundbreaking 150-megawatt (MW) geothermal energy project in New Mexico. The initiative will use XGS Energy’s proprietary geothermal technology to provide clean, baseload electricity to support...
BREAKING $5.6 Billion Deal – EOG Resources to Acquire Encino Energy

BREAKING $5.6 Billion Deal – EOG Resources to Acquire Encino Energy

by Efrain Garcia | May 30, 2025 | Upstream News

This Article Brought to You by: Allstream Energy Partners Digital Marketing Experts in Oil and Gas EOG Resources to Acquire Encino Acquisition Partners from CPP Investments and Encino Energy, Strengthening Premier Utica Asset; Increases Regular Dividend 5% May 30,...
OFFSHORE Total Energies Brazil: First oil of Mero-4

OFFSHORE Total Energies Brazil: First oil of Mero-4

by Efrain Garcia | May 26, 2025 | Upstream News

Paris, May 26, 2025 – TotalEnergies announces first oil from the fourth development phase of the Mero field on the Libra block, located 180 kilometers off the coast of Rio de Janeiro, Brazil, in the pre-salt area of the Santos Basin. Launched in August 2021, this new...
Sable Offshore Restarts Production off the coast of California after 10 years

Sable Offshore Restarts Production off the coast of California after 10 years

by Efrain Garcia | May 22, 2025 | Upstream News

This article brought to you by: 05/19/2025 HOUSTON–(BUSINESS WIRE)– Sable Offshore Corp. (“Sable,” or the “Company”)(NYSE: SOC) today announced that as of May 15, 2025, it has restarted production at the Santa Ynez Unit (“SYU”) and has begun flowing oil...
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