You are here

Upstream News

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

Project sanctioning in 2019 could soon eclipse 2014
21st July 2019

This is yet another signal that the offshore industry has turned a corner and can reach a potential project commitment total of $123 billion in 2019, surpassing commitments in 2014 of $78 billion, according...
17th July 2019

“We are very proud to work with our alliance partner Aker Solutions on the Jansz-Io field development project for Chevron Australia,” says Uwe Lauber, CEO of MAN Energy Solutions. “Thanks...
12th July 2019

A recent week-long operation included accurate remote configuration of the positioning systems onboard the FPSO, the assisting anchor handling vessel and the dive support vessel, with no Fugro survey crew...
Total E&P Congo successfully deploys the world’s first cementless completion
10th July 2019

Welltec has announced the first deployment of a truly cementless completion in the Republic of Congo during the second quarter of 2019.  Building on the experience gained through the continuous...
Aker BP successfully carries out North Sea decommissioning
10th July 2019

Optime Subsea’s system, Subsea Controls and Intervention Light System (SCILS), have now successfully completed a two well Plug & Abandonment campaign on the Jette field, saving rig time, personnel...
Africa takes the lead in record-year for LNG
10th July 2019

Rystad Energy forecasts that LNG greenfield investment in 2019 will reach nearly $103 billion, the biggest investment year for the burgeoning industry to date.Mozambique’s Area 1 and Area 4 projects,...
ADNOC’s Al Dhafra Petroleum joint venture celebrates first oil production from Haliba Field
10th July 2019

Al Dhafra Petroleum, a joint venture between the Abu Dhabi National Oil Company (ADNOC), the Korea National Oil Company (KNOC) and GS Energy, and one of ADNOC’s youngest operating companies, announced...
ABB and OKEA to accelerate value creation using innovative business models
10th July 2019

The MoU reflects future potential for OKEA to leverage ABB’s global digital leadership and industry experience in sustaining lean and optimized operations for the future – with responsive new...
9th July 2019

The order, made through Sonardyne’s Singapore subsidiary, includes the supply of Fusion 2 software, Compatt 6 seabed transponders and ROVNav 6 LBL (Long BaseLine) vehicle-mounted transceivers. The...
Reliance and BP sanction third phase of integrated KG D6 development
9th July 2019

MJ is the third of three new projects in the Block KG D6 integrated development plan and its approval follows sanctions for the development of 'R-Series' deepwater gas field in June 2017 and for the...

Pages

Got a news tip? Email news@oilandgastechnology.net