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Upstream News

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

8th July 2021

TechnipFMC and Halliburton Company have announced they received an OTC Spotlight on New Technology Award® (SONT) for their Odassea™ Subsea Fiber Optic Solution, an advanced downhole...
7th July 2021

This long-term supply agreement also includes supply from LNG Canada when the facility commences its operations by middle of the decade. The deal is for 2.2 million tonnes per annum (MTPA) for a 10-...
7th July 2021

McDermott International, Ltd today announced it has been awarded a Subsea, Engineering, Procurement, Construction and Installation (EPCI) contract from Santos NA (19-12) Pty Ltd for the Bayu-Undan Infill...
7th July 2021

Eni announces a significant oil discovery on the Eban exploration prospect in CTP Block 4, offshore Ghana. The Eban - 1X well is the second well drilled in CTP Block 4, following the Akoma discovery....
5th July 2021

Chevron Corporation has announced that its wholly-owned subsidiary Chevron Australia Pty Ltd. as operator and the Gorgon joint venture participants will proceed with the approximately $4...
1st July 2021

“This is a big day for everyone working on the Martin Linge project, for Equinor and for our partner Petoro. I would like to thank everyone who has worked hard to deliver this project,” says...
23rd June 2021

Manuel includes a new subsea production system for two new wells tied into the Na Kika platform. The wells are expected to boost gross platform production by an estimated 20,100 barrels of oil equivant a...
2nd June 2021

The latest Future offering from Cavendish, Future Digital Twin, was launched as a direct response to the high level of delegate interest generated during the digital twin technology streams at Future Oil...
26th May 2021

The contract value is estimated at around USD 40 million for the fixed part of the contract. Drilling services and other additional services, such as running casing, treatment of wastewater, handling of...
24th May 2021

The contract is worth between $500m and $750m.The contract scope includes engineering, fabrication, installation and pre-commissioning of 80 kilometres of rigid risers and flowlines for the steel lazy wave...

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