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Upstream News

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

8th June 2020

The acquisition adds Isotek’s remote welding technology to CSS’s existing range of subsea pipeline repair capabilities which are primarily focused on mechanical clamp and connector pipe joining...
8th June 2020

The vehicle, which recently completed successful sea trial in Norway, is the first of a new generation of electric observation class ROVs. It is the smallest in the new range, and powerful enough perform...
Moray Melhuish
2nd June 2020

The collaboration will see WFS utilise its smart wireless Seatooth® technologies, which provide real-time insight in extreme environments, with SES’s offshore cable and subsea umbilical...
18th May 2020

The award follows on from Aquaterra Energy’s successful design, build and installation of its Sea Swift conductor supported platform (CSP) for DeNovo Energy’s first west-coast field development...
Moray Melhuish
6th May 2020

WFS won the Small Business Spotlight on New Technology® Award for both its Seatooth SmartClamp and its Subsea Cloud Computing Network innovations – the only company to win two OTC 2020 awards and...
6th May 2020

The awards, gained under a competitive tender process with an International Oil Company, involve the provision of Duty Holder support services for an offshore support vessel, and Operations and Maintenance...
The Maersk Intrepid drilling rig. (Photo: Maersk)
30th April 2020

The value of the contract is estimated at some USD 100 million, including rig modifications and upgrades and exclusive of intervention activities, integrated services and any incentive payments...
27th April 2020

Reflecting recent significant market volatility and oil price falls, BP and Hilcorp have successfully renegotiated the financial terms of the deal to respond to the current environment. ...
27th April 2020

Jakob Haldorsen has joined MagiQ Technologies as Scientific Advisor and Director of Business Development. Mr. Haldorsen will lead the MagiQ Technologies’ team in developing new methodologies for...
Uganda Lake Albert development project
23rd April 2020

The overall consideration paid by Total to Tullow will be $575M, with an initial payment of $500M at closing and $75M when the partners take the Final Investment Decision to launch the project. In addition...

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