Upstream News

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

	Equinor awarded nine licences in the 30th Offshore Licensing Round 24th May 2018 “This strengthens our position as an ambitious UK explorer. We believe the UKCS is underexplored and anticipate that there are new discoveries yet to be made that can add value to our business and...
	Total signs agreement to develop integrated gas project In Oman 18th May 2018 Total and Shell as operator will develop several natural gas discoveries located in the Greater Barik area on onshore Block 6 with respective shares of 25% and 75%, as per the agreement between both...
	Drilling permit for well 34/5-2 S in production licence 373 S 16th May 2018 Well 34/5-2 S will be drilled from the Scarabeo 8 drilling facility in position 61°43'31.17" North and 2°39'17.56" East.The drilling programme for well 34/5-2S relates to...
	PG to supply Polvo FPSO pumps 16th May 2018 PG Flow Solutions’ scope of work is the engineering, procurement, assembly of pump skid and commissioning of 2 x produced water booster pumps in super duplex materials, with 150kW electrical motors,...
	Wood and IBM partnership targets digital opportunities 11th May 2018 This multi-year strategic collaboration combines Wood’s engineering innovation and industry expertise with IBM’s advanced market leading technologies in areas such as artificial intelligence,...
	Well-Safe announces five P&A clubs to tackle late life activity challenge 3rd May 2018 The P&A club concept, launched at OTC by the Aberdeen-based well abandonment specialist, introduces a new commercial model that tackles costly and complex late-life activity. By becoming a member of...
	OTC 2018 - Ampelmann’s Nigerian growth ambitions continue 3rd May 2018 Ampelmann has secured two contracts with vessel owner L.A.T.C Marine Limited, on behalf of ExxonMobil, for the supply of two L-type gangway systems, offshore Nigeria.Following successful sea trials of the L...
	OTC 2018 - i-Tech Services and Leidos partner to drive digitalisation subsea 3rd May 2018 The partnership will increase efficiencies in i-Tech Services’ Life of Field capabilities by providing clients with greater insights into operations through the field lifecycle. This relationship will...
	OTC 2018 - Enpro Subsea achieves global growth objectives 3rd May 2018 The enhanced production specialist, which has over 30 personnel based in Aberdeen and Houston, delivers an enhanced subsea architecture to support the full 'Life of Field' of subsea assets from...
	OTC 2018 - Investment in inspection and maintenance is too low 3rd May 2018 The findings appear in The State of Safety, a special report from DNV GL’s research on the outlook for the oil and gas industry in 2018. Based on a survey of 813 senior sector players, the report also...