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Upstream News

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

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...
Final investment decision on Mero-2 FPSO in Brazil’s pre-salt
9th July 2019

The FPSO will have a capacity to process up to 180,000 barrels of oil per day. The consortium plans four new production systems to be deployed in the Mero field. Mero-2 is the second, with first oil...
Gunnar Nakken, senior vice president for the operations west cluster of Equinor
9th July 2019

The well was drilled by the Askepott rig and the discovery will soon be put on stream via the new, unmanned and remote-operated H platform on the Oseberg field.Included in the Oseberg Vestflanken phase 2...
9th July 2019

Conducted offshore Romania, in the Black Sea at ~1000 m water depth, the deep-towed subsea survey covered an 8 x 6.13 km grid over three planned exploration wells in the Ex30 Trident Block, mobilising out...
2nd July 2019

With seven training centres strategically located around the world, Nabors has invested in industry-leading training programs for many years that give its rig crews a unique combination of classroom, hands-...

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