Upstream News

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

	Offshore Newfoundland - findings of the 2019 Independent Resource Assessment released 4th October 2019 “The purpose of embarking on this annual independent resource assessment is to broaden our understanding of the underexplored frontier basins and add to our geotechnical knowledge of the area”...
	Simulator tests show life-saving potential of new oilfield product 3rd October 2019 Safe Influx is a ground-breaking new technology to help avoid well blowouts by automating well control operations and removing the human risk factor associated with well control.Invented last year by Phil...
	PTTEP Selects Halliburton for Digital Transformation Contract 2nd October 2019 Digital Well Program™, an application within DecisionSpace® 365, transforms how wells are constructed and delivered by combining a digitalized planning and design process with engineering...
	Equinor awarding pioneering wireless subsea drone contract 2nd October 2019 This contract will make Equinor the first user of technology expected to be completed in 2020.“This is a historic contract in the oil and gas industry. It is the first contract signed for the use of...
	Maersk Supply Service takes next step in digital transformation 30th September 2019 Maersk Supply Service will be using the Cloud Crewing module of the web-based system for vessels and shore-bases to manage their crews and handle all crew-related tasks. One highlight is the...
	Smart drilling technologies 27th September 2019 ZYFRA has invested USD 9 million in acquiring a controlling stake in Geosteering Technologies (GTI), one of the leading vendors of “smart drilling” software. The company’s core...
	ExxonMobil to Sell Norway Upstream Operations for $4.5 Billion 27th September 2019 “Our objective is to have the strongest, most competitive Upstream portfolio in the industry,” said Neil Chapman, senior vice president of ExxonMobil. “We’re achieving that by adding...
	ADNOC Drilling Completes its First Offshore Integrated Drilling Services Well 26th September 2019 This milestone follows the successful completion of 14 onshore IDS wells over the course of this year, underpinning ADNOC Drilling’s transformation into a fully integrated drilling services company...
	i-Tech 7 strengthens smart skid technology track record in Gulf of Mexico 26th September 2019 LLOG Exploration Co. was seeking better ways to flush three flowlines and two umbilicals as part of the workscope to abandon the G1 115 platform. Instead of using the conventional method of coil tubing, i-...
	ALE awarded SCR and umbilical pull in project in US Gulf of Mexico 25th September 2019 The scope of work included in this contract is for engineering, procurement, fabrication and offshore pull-in operations.ALE will start the engineering phase of this project immediately with offshore...