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

Latest Upstream News:

McDermott North Ocean 102
The combined package is the largest single award in the history of McDermott’s Middle East Area and follows signing of a Long Term Agreement in June 2015 - 28th August 2015
oil rig in stormy weather
Norwegian research firm Rystad Energy says a Brent price as low as 50USD/BBL is not sustainable beyond 2016 - 27th August 2015
Songa Trym
Statoil has been granted a permit by the Norwegian Petroleum Directorate to drill a wildcat at the Gasol/Gretel prospect in the Norwegian sector of the North Sea. - 27th August 2015
20th August 2015

Norwegian offshore player Egersund Group recently set a new oil spill recovery record when its newly developed MOS Sweeper system managed to recover 96.4 percent of oil released in a North Sea exercise.
20th August 2015

The emergence of shale technology, particularly in the US, is dramatically challenging the conventional rules of the global oil markets
19th August 2015

ISS appointed to provide logistics for commercial natural gas drilling off Tanzania’s Songo Songo Islands