Energy news for October 2, 2026
October 2, 2026 · 5 stories
5 stories from across upstream and markets. The day led with Namibia approves BP's 60% stake and operator role on Eco Atlantic licenses.
Upstream
Namibia approves BP's 60% stake and operator role on Eco Atlantic licenses
Namibia's energy ministry issued the final government approval for BP to take a 60% stake and operatorship in three Eco Atlantic exploration licenses.
Upstream
US natural gas production hit a record 137 Bcf/d in July
U.S. gross natural gas withdrawals hit a record 137 Bcf/d in July 2026, led by new Permian Basin wells in Texas and New Mexico.
Upstream
Petrobras sends first of six giant platforms toward Búzios field
The P-80 platform, built to produce 225,000 barrels of oil and 12 million cubic meters of gas a day, left Singapore for Brazil's Búzios field.
Markets
EnerMech extends Chevron Australia inspection contract to 2031
EnerMech secured a five-year extension to its asset integrity contract with Chevron Australia, extending work that began in 2017 through the end of 2031.
Upstream
Namibia approves transfer of 60% Eco Atlantic stake to BP
Namibia's government issued the final approval for BP to take a 60% stake and operatorship in three Eco Atlantic exploration licenses in the Walvis Basin.
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