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Upstream News

13th March 2012

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

Latest Upstream News:

Subsea systems
Ashtead Technology has developed an advanced suite of integrated subsea monitoring and data systems to support critical aspects of construction and integrity management. - 3rd February 2016
Lamar McKay, BP Deputy Group Chief Executive
BP has announced the appointment of Lamar McKay to the new position of Deputy Group Chief Executive. McKay, currently chief executive of BP’s Upstream segment and a 35-year veteran of BP, will be based in London and take up the role following a suitable handover period. - 3rd February 2016
GE and Statoil have announced the four winners of their Open Innovation Challenge, designed to utilise crowd sourcing to find solutions that reduce fresh water in shale oil and gas production. - 3rd February 2016
31st January 2016

Just 15 per cent of total 2016 production and four per cent of 2017 production hedged, as hedging volumes and prices fall significantly from 2015 levels
26th January 2016

In face of unprecedented oil price volatility, research reveals near three quarters of companies are actively considering deals with internationalisation and tech acquisition to drive deals
25th January 2016

Research shows that the industry believes past mistakes are being repeated