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Upstream News Archive

Browse the oil and gas technology news archive for Upstream News

30th March 2012

Global company FMC Technologies Inc. has signed a four-year agreement to provide sub-sea oil equipment to Brazilian oil giant Petrobras to help it unlock vast reserves in hard-to-reach areas.FMC...
30th March 2012

State-run Indian company, Oil & Natural Gas Corp will sign an agreement with ConocoPhillips to explore and develop shale-gas reserves and deep-water oil and gas blocks, it emerged on Friday.The...
29th March 2012

Hard-to-reach oil fields in Brazil could be conquered with the help of innovative floating technology devices, according to a new report by business intelligence company GlobalData.As fast as reserves of...
29th March 2012

Rights to almost half of the 16 oil blocks available for exploration in India have been awarded to state-owned local companies, a government statement showed this week.The cabinet published a statement on...
28th March 2012

Uganda is likely to auction four blocks for oil exploration early next year, the chairman of the Uganda Chamber of Mines and Petroleum told an energy conference on Wednesday.London-listed Tullow Oil, which...
28th March 2012

A shale-rich basin northeast of Ohio has been leased by BP as part of a bid to expand its onshore gas portfolio. The Utica/Point Pleasant is a relatively new and promising shale basin which could...
27th March 2012

China Petroleum & Chemical Corp, will continue to invest overseas in unconventional natural gas and oil to boost its output and offset losses in its refining operations, China Daily reported on 27 March...
26th March 2012

A fourth gas discovery has been found in a well offshore southern Tanzania, UK oil and gas company, BG Group announced on 26 March.Recoverable resources could be in the range of 2.5 to 4.4 tr cubic feet (...
26th March 2012

The Indian government has given the green light to exploration in 16 of its oil and gas blocks and rejected bids for 14, according to a cabinet statement on 23 March.Auctions opened in March for 34 blocks...
23rd March 2012

Gas can provide India with a relatively reliable energy resource as demand rises sharply in the next two decades, International Energy Agency (IEA) Executive Director Maria van der Hoeven said at an event...

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