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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:

Award winners
Aker Solutions was recognised as the best subsea company of the year at the Subsea UK awards last night and David Bloom of Subsea 7 was honoured for his outstanding contribution to the subsea industry. - 11th February 2016
Cuts in spending on Norwegian Continental Shelf oil and gas projects
Plans to continue development on critical Norwegian Continental Shelf oil and gas projects over the past few months, enabled by the achievement of significant cost reductions, will give Norway’s government some reassurance over its decision to maintain the stability of its fiscal regime in the face of falling prices, says an analyst with research and consulting firm GlobalData. - 11th February 2016
BP Energy Outlook
Despite current weakness in global energy markets and the slowdown in China’s growth, demand for energy will continue to grow over the next 20 years and beyond as the world economy expands and more energy is required to power the higher level of activity. - 11th February 2016
3rd February 2016

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

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.