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Upstream News

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

24th September 2018

The Cormorant-1 exploration well in Namibia has been drilled to a total depth of 3,855 metres and penetrated the objectives of the Cormorant prospect. Sandstones were encountered in the primary objective of...
24th September 2018

Davor has more than 25 years’ experience in the oil and gas sector. He joins Tendeka having been involved in numerous global field developments and redevelopments as a Production Technology /...
West Hercules rig
22nd September 2018

The contract includes options for drilling nine additional wells. The rig is primarily assigned for exploration drilling. The contract is based on a master framework agreement established between Seadrill...
18th September 2018

The Campos Basin extends approximately 100,000 square kilometers. The three-year contract is valued at more than BRL 250 million and includes an option for a two-year extension.Aker Solutions will be...
14th September 2018

Three companies have teamed up with Robert Gordon University’s (RGU) School of Computing Science and Digital Media to carry out research into the digital transformation of the oilfield.  Ian...
12th September 2018

The business has appointed Francesco Santoro as its strategic consultant in South America. Primarily based in Rio de Janeiro, Mr Santoro has more than 40 years’ experience in the oil and gas industry...
12th September 2018

These comprise: Araza Este, Changue, Iguana, Perico, Espejo, Pañayacu Norte, Charapa and Sahino.  The blocks offered are all onshore, conventional opportunities, most with prospective sandstone...
Natural gas projects will receive a significant investment boost
12th September 2018

Natural gas projects will receive a significant investment boost over the coming years. This will enable gas to overtake oil as the world’s primary energy source in 2026, and account for a quarter of...
Seadrill has selected Kongsberg Maritime to deliver real-time monitoring systems
8th September 2018

The technology will enable more integrated and remote operations, enabling migration of expertise from offshore to onshore facilities by digitalising assets, personnel workflows and processes, and...
BP deploys Plant Operations Advisor
8th September 2018

BP has successfully deployed Plant Operations Advisor (POA), a cloud-based advanced analytics solution developed with Baker Hughes, a GE company, across all four of its operated production platforms in the...

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