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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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21st July 2019 The company’s report: ‘Q3 2019 Global FPSO Industry Outlook – Brazil Continues to Lead Upcoming FPSOs Growth’ reveals that Brazil will also lead globally on crude production capacity...
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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...
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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...
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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...
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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...
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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...
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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,...
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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...
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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...
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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...
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