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Upstream News

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

Latest Upstream News:

GE Oil & Gas showcases Industrial Internet solutions at Rio Oil & Gas event
The Industrial Internet will unleash a productivity revolution the moment that the convergence of information allows operators to predict and prevent problems, eliminate downtime, waste and guesswork and... - 16th September 2014
Genie claims huge swathe of Mongolia in hunt for shale
The new exploration block covers 25,000 square kilometres in Central Mongolia southeast of the Mongolian capital, Ulaanbaatar. "We are pleased that Mongolia and Genie Energy will be working together to... - 16th September 2014
Keppel FELS Limited, a wholly owned subsidiary of Keppel Offshore & Marine (Keppel O&M), has secured a contract from Gulf Drilling International (GDI) of Qatar to build a repeat high-specification KFELS B Class jack-up rig worth USD 227m
As part of the contract, GDI has options for two more KFELS B Class rigs for deliveries in 2017. The new jack-up, to be named Halul, is scheduled for delivery in 1Q 2016 and will be chartered to Qatar... - 16th September 2014
ONGC Videsh and PetroVietnam signed a Letter of Intent (LOI) yesterday to participate in the exploration of oil and gas offshore Vietnam, during the state visit of the Indian president to Vietnam - 16th September 2014
InterOil Corporation has started drilling the Antelope-4 appraisal well in Petroleum Retention License 15 in Papua New Guinea - 16th September 2014
Ezion has secured an agreement with a contract value of up to approximately USD 76m over a three year period including extension options to provide a service rig to support a Southeast Asian-based national oil company - 16th September 2014