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Upstream News

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

3rd September 2019

The Drilling Portal is now live and combines remote monitoring of information from multiple different systems to provide a quick and intuitive overview of all drilling operations. A search functionality...
30th August 2019

The second campaign was located offshore Sarawak, Malaysia and began 8 May 2019 onboard the Fugro Equator. Acquired geophysical data included over 15 000 km2 of multibeam echosounder (MBES) data...
BP to sell Alaska business to Hilcorp
29th August 2019

Under the terms of the agreement, Hilcorp will purchase all of BP's interests in the state for a total consideration of $5.6 billion. The sale will include BP's entire upstream and midstream...
CGG begins new 3D broadband survey in deepwater Brazil
29th August 2019

With an initial focus on Brazil’s 15th License Round blocks, the data is being acquired by the Geo Caribbean and a portion of the survey will provide 3D data coverage where no other 3D data currently...
TechnipFMC to create two independent companies
29th August 2019

The two companies are RemainCo, a fully-integrated technology and services provider, continuing to drive energy development and SpinCo, a engineering and construction (E&C) player, poised to capitalize...
First oil from Greater Enfield
29th August 2019

The Greater Enfield Project was approved in 2016, to develop the Laverda Canyon, Norton over Laverda and Cimatti oil accumulations through a subsea tie-back to the Ngujima-Yin FPSO, located over the Vincent...
North Sea oilfields cut downtime by 32 per cent in four years
29th August 2019

The index charts the frequency with which oilfields in the North Sea report zero production compared to those exporting oil into pipelines in any given month.The launch report reveals a substantial decline...
29th August 2019

The Cambo field, located 125km northwest of the Shetland Islands and in a water depth of 1100m, was discovered in 2002, and subsequently had 4 appraisal wells drilled up to 2012 and a final successful...
29th August 2019

On the back of recent contract awards, totalling in excess of £100million, the subsea construction company is inviting the supply chain to come forward with fresh, innovative ideas and...
28th August 2019

The system is designed to detect well influxes, kicks of gas or fluid from a formation into a wellbore, and take immediate corrective action to minimise the influx and prevent a well blowout. This will...

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