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Upstream News

Global coverage of exploration and production, field development, shale, fracking and other upstream sector developments

Latest Upstream News:

Vaalco extends exploration licence at Block 5 offshore Angola
Vaalco Energy has entered into the Subsequent Exploration Phase (SEP) on Block 5 offshore Angola together with its working interest partner, Sonangol P&P, as provided for in the Production Sharing Agreement signed in 2006 with the Republic of Angola - 24th October 2014
Petrobas uncovers pay at Espirito Santo drill
Petrobras has discovery a hydrocarbon accumulation in deep waters of the Espírito Santo Basin sub-salt by drilling well 4-BRSA-1265-ESS (ANP nomenclature) /4-GLF-42-ESS (Petrobras nomenclature), known as Lontra, at a water depth of 1,319 metres - 24th October 2014
InterMoor completes China offshore project for COOEC in Pearl River Basin
InterMoor has completed two major offshore projects for China Offshore Oil Engineering Corporation (COOEC) with support from Acteon sister companies in the Panyu and Enping fields, Pearl River Mouth basin, South China Sea - 24th October 2014
Rosneft’s chairman, Igor Sechin, has declared that the company will continue with exploration in the arctic Kara Sea with or without its joint-venture partner ExxonMobil - 24th October 2014
OneSubsea, a Cameron and Schlumberger company, has signed a 10-year global frame agreement with BG Group to supply subsea production equipment and aftermarket services - 24th October 2014
CNOOC has made a mid-to-large new discovery Jinzhou 23-2 in the Bohai Sea - 24th October 2014