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Upstream News
Global coverage of exploration and production, field development, shale, fracking and other upstream sector developments
29th October 2020 Through BP’s joint venture, Pharaonic Petroleum Company (PhPC), the field, which is expected to produce up to 50 million cubic feet of gas per day, has been developed through a one-well...
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22nd October 2020 This means that oil is much cheaper to produce now compared to six years ago, with the clear cost savings winner being new offshore deepwater developments.“The cost of supply curve for liquids now...
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22nd October 2020 FutureOn and Bentley Systems will combine FutureOn’s award-winning field design application (FieldAP) and its API-centric collaboration platform (FieldTwin) with Bentley’s iTwin platform to...
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22nd October 2020 Additionally, The Carnrite Group will receive IP licensing rights to Beyond Limits’ cutting-edge Cognitive AI technology, providing customers with direct access to Beyond Limits’ solutions....
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22nd October 2020 The recent campaign on Shell UK Limited (Shell) Brent Bravo concrete structure was completed with no safety incidents, ahead of schedule and within budget.Enpro’s patented technology enabled the safe...
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5th October 2020 Digital solutions help increase subsurface understanding, ensure more efficient start-up of wells, higher stable production and more efficient maintenance.“Our experience shows that digital tools have...
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1st October 2020 The scope of work covers a complete subsea production system including 10 vertical subsea trees, two manifolds, wellheads, satellite structures, control systems and tie-in equipment."We look forward to...
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31st July 2020 The initial consideration is GBP 2.2 million, payable as a carry against 50% of Equinor’s net share of costs, with a contingent consideration of USD 15 million following authority approval of a field...
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26th June 2020 With a productive capacity of 150,000 barrels of oil per day, this new unit double the overall production capacity of the Iara cluster – initiated in November 2019 on the Berbigão field with the FPSO...
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25th June 2020 Total and Sonatrach have signed an agreement renewing their partnership in the field of liquefied natural gas (LNG).This agreement notably makes it possible to extend the supply of Algerian LNG to the...
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