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Permian Resources Announces Strong First Quarter 2025 Results, Revised 2025 Guidance and Strategic Bolt-On Acquisition of Core Northern Delaware Basin Assets

Permian Resources Announces Strong First Quarter 2025 Results, Revised 2025 Guidance and Strategic Bolt-On Acquisition of Core Northern Delaware Basin Assets

by Efrain Garcia | May 7, 2025 | Upstream News

MIDLAND, Texas – Permian Resources Corporation (“Permian Resources” or the “Company”) (NYSE: PR) today announced its first quarter 2025 financial and operational results, revised full year 2025 guidance and a strategic Northern Delaware Basin bolt-on acquisition....
Approx $135 Million: Valaris Announces Contract Award for Drillship VALARIS DS-15

Approx $135 Million: Valaris Announces Contract Award for Drillship VALARIS DS-15

by Efrain Garcia | May 6, 2025 | Upstream News

This News Article brought to you by: K+B Industries Leaders in Premium Threading and Machining HAMILTON, Bermuda–(BUSINESS WIRE)– Valaris Limited (NYSE: VAL) (“Valaris” or the “Company”) announced today that it has been awarded a five-well contract...
SLB OneSubsea and Subsea7 Awarded EPCI Contract for bp’s Ginger Project

SLB OneSubsea and Subsea7 Awarded EPCI Contract for bp’s Ginger Project

by Efrain Garcia | May 6, 2025 | Upstream News

New way of working helps unlock final investment decision (FID) for project offshore Trinidad and Tobago HOUSTON, May 05, 2025 — SLB (NYSE: SLB) today announced the award of a substantial engineering, procurement, construction and installation (EPCI) contract by bp to...
Valaris Announces Sale of Jackup VALARIS 247 to BW Energy for $108 Million

Valaris Announces Sale of Jackup VALARIS 247 to BW Energy for $108 Million

by Efrain Garcia | May 6, 2025 | Upstream News

HAMILTON, Bermuda–(BUSINESS WIRE)– Valaris Limited (NYSE: VAL) (“Valaris” or the “Company”) announced today that it has agreed to sell jackup VALARIS 247 to BW Energy (“BWE”) for cash proceeds of approximately $108 million. This sale is expected to close...
Chevron starts oil production from Ballymore Project in Gulf of America

Chevron starts oil production from Ballymore Project in Gulf of America

by Efrain Garcia | Apr 21, 2025 | Upstream News

This News Article is Brought to you by: Houston, Texas, April 21, 2025 — Chevron Corporation (NYSE: CVX) announced today that it started oil and natural gas production from the Ballymore subsea tieback in the deepwater Gulf of America. Ballymore, the latest in a...
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