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Upstream News Archive

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29th October 2015

The investment provides GEV with the additional development capital it needs to support its impressive growth plans.Highly regarded for its project delivery, quality of people and innovation in its products...
FPSO in Brazil
29th October 2015

Petrobras registered its biggest ever loss in 2014, partly due to the write-down resulting from the corruption scandal, which in turn resulted in spending cuts on its future projects.GlobalData’s...
Neil Gordon, chief executive of Subsea UK
28th October 2015

Subsea UK will host its first south of England networking event in Gosport, Hampshire from 5th-6th November at the Explosion Museum of Naval Firepower.  There is a growing number of businesses in the...
Lack of innovation in oil and gas sector
28th October 2015

A new report reveals that whilst the current environment is creating opportunities for innovation, almost half of oil and gas executives admit they have fallen short of their innovation goals. The number of...
Chris Echols, Vice President of Ashtead Technology
28th October 2015

The investment will see Ashtead offering a range of SubC Imaging products to meet increasing industry demand for enhanced, cost effective inspection solutions. A world-leader in video technology used to...
28th October 2015

Subsea UK will host its first south of England networking event in Gosport, Hampshire from 5th-6th November at the Explosion Museum of Naval Firepower.  There is a growing number of businesses in the...
Increased production at Eagle Ford
27th October 2015

It also prevented production system downtime due to issues related to high-gas content and oil composition. The operator had installed rod-lift systems in three wells that were no longer free flowing, but...
North Sea decommissioning
27th October 2015

The project will develop industry guidance to assist in effective and cost-efficient major accident hazard management for installations during late-life and end of life operations. It will also facilitate...
Integrity eXplorer cement evaluation service
27th October 2015

Baker Hughes recently deployed the service in two North America natural gas-filled storage wells. “The underground storage wells are required to comply with periodic well integrity regulations,” says...
UK oil and gas firms are sitting on a war chest
27th October 2015

UK oil and gas firms are sitting on a war chest of £20bn that could be released by simply improving their working capital management according to new research released today by PwC. With no sign of an oil...

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