Upstream News

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

	RelyOn Nutec secures three-year contract with subsea specialists 20th August 2019 RelyOn Nutec’s Training Management Service (TMS) has secured a deal to manage the training matrix and associated resources for Rever Offshore, formerly Bibby Offshore, with an option to increase the...
	Subsea 7 engineering conversion programme 20th August 2019 Since 2005, the company’s Engineering Conversion Programme has enabled experienced engineers from aerospace to automotive, and onshore construction to ex-military, to transfer their skills into oil...
	Extending asset life 20th August 2019 Nitrox diving system with gravity-based LARS installed on the Balmoral FPV for cost-effective asset-based activity rather than using a dive support vessel (DSV)Work from the FPV included diving through the...
	Shell invests in PowerNap subsea tie-back in Gulf of Mexico 15th August 2019 PowerNap is a subsea tie-back to the Shell-operated Olympus production hub. The project is expected to start production in late 2021 and produce up to 35,000 barrels of oil equivalent per day (boe/d) at...
	Well-Safe solutions awards two multi-million-pound contracts 15th August 2019 Global Energy Group and Rigfit7seas have been appointed to deliver the ambitious refurbishment of the semi-submersible drilling rig. Global Energy Group will provide quayside services and the paintwork...
	Upstream sector emerging as the epicentre for Industrial Internet adoption 15th August 2019 This is driven by the need to reduce operational risks and maximizing returns from their assets through digitialisation, according to GlobalData, a leading data and analytics company.The company’s...
	FPSO market is booming with Brazil fuelling demand 15th August 2019 South America leads the pack with 12 sanctioned FPSO projects planned by the end of next year, followed by Asia with four, Europe and Africa with three each, and two more in Australia, according to Rystad...
	OGIC and The University of Aberdeen to give boost to drilling innovations 14th August 2019 OGIC has provided a total of £640,000 of co-funding for the seven projects which will see the CADR team partner with five companies to develop innovations including an automated programme for testing...
	Amplus Energy awarded first major contract in Angola 8th August 2019 Aberdeen-based floating production solutions specialist Amplus Energy Services has been awarded a multi-million-dollar contract to re-evaluate the development of marginal fields in Angola.The aim of the...
	Neptune Energy acquires interests in Kutei Basin from ENI 29th July 2019 Neptune Energy has announced it has agreed to acquire interests from Eni in the Kutei basin Production Sharing Contracts (PSC), offshore Indonesia.The agreement will see Neptune acquire a 20 per cent...