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Upstream News

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

23rd January 2020

The vessel will transport supplies to installations on the Norwegian continental shelf (NCS).Equinor has awarded Eidesvik Offshore a five-year contract with effect from April 2020, when the current contract...
23rd January 2020

Located approximately 275 kilometers off the coast of Louisiana, the North Platte field development includes a semi-submersible floating production unit (FPU) in water over 1,300 meters deep.The project...
20th January 2020

The extension has an estimated duration of 93 days and a contract value of approximately USD 25.5m, excluding a potential performance bonus. The contract includes an additional one-well option.Maersk...
15th January 2020

The contract includes an option for the engineering, procurement, construction and installation (EPCI) work following the completion of the study.The study will outline how installation of electrical...
14th January 2020

James Fisher Offshore (JFO), strengthens its position as the global life of field support provider of specialist offshore engineering solutions, consolidating its services with those of its sister company,...
10th January 2020

NOAA is an agency within the United States’ Department of Commerce whose dedicated scientists use cutting-edge research and high-tech instrumentation to provide citizens, planners, emergency managers...
8th January 2020

Since Equinor and the Johan Sverdrup partners Lundin Norway, Petoro, Aker BP and Total started the field on 5 October last year, production has increased to a level well above 300,000 barrels per day.Johan...
20th December 2019

Subsea 7’s scope of work includes project management, engineering, procurement, construction and installation of the multiphase pump system at the St. Malo field, a 14 mile water injection flowline...
17th December 2019

This follows the initial heads of agreement signed in August this year.The venture is expected to be formed during the first half of 2020, subject to regulatory and other customary approvals.The new venture...
10th December 2019

The method significantly reduces the cost of the well because less time is needed for use of vessels and equipment.“The traditional method takes two-three days to fracture a single zone of the...

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