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Upstream News
Global coverage of exploration and production, field development, shale, fracking and other upstream sector developments
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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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27th 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...
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27th August 2019 Oiltec Solutions has been active in the development of advanced simulation for drilling and crane operations since its inception in 1998, to supply cyber-based drilling simulation and associated training to...
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22nd August 2019 Block 77 covers a total area of over 2,700 square kilometres. BP and Eni will each hold a 50% interest in the EPSA, with Eni acting as operator during the exploration phase.The agreement...
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22nd August 2019 Daniel Rogers, Upstream Oil & Gas Analyst at GlobalData, comments: “Field expansion projects in Norway remain competitive against ongoing planned greenfield developments, and are projected to...
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22nd August 2019 The Dvalin field will strengthen Wintershall Dea’s position as one of the largest gas exporters from Norway. Drilling of the production wells from the Transocean Arctic rig is expected to...
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22nd August 2019 This result has been achieved following the completion of all eight onshore treatment production units – the last one commissioned in April 2019 – and all Sulphur production units in August, the...
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22nd August 2019 Recoverable resources are preliminarily estimated at 20-65 million barrels of oil.The Sputnik well was drilled in licence PL855, approximately 30 kilometres North East of the Wisting discovery. The well...
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21st August 2019 The Abu Dhabi National Oil Company (ADNOC) announced, today, the award of multi-billion-dollar contracts for the procurement of casing and tubing as it drives value through its smart approach to procurement...
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21st August 2019 Combined with additional investments from existing investors ProVenture and Investinor, the company raised 15.7 MNOK ($1.8 M).The money from this financing round will support the qualification and...
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