Upstream News

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

	Equinor awarding pioneering wireless subsea drone contract 2nd October 2019 This contract will make Equinor the first user of technology expected to be completed in 2020.“This is a historic contract in the oil and gas industry. It is the first contract signed for the use of...
	Maersk Supply Service takes next step in digital transformation 30th September 2019 Maersk Supply Service will be using the Cloud Crewing module of the web-based system for vessels and shore-bases to manage their crews and handle all crew-related tasks. One highlight is the...
	Smart drilling technologies 27th September 2019 ZYFRA has invested USD 9 million in acquiring a controlling stake in Geosteering Technologies (GTI), one of the leading vendors of “smart drilling” software. The company’s core...
	ExxonMobil to Sell Norway Upstream Operations for $4.5 Billion 27th September 2019 “Our objective is to have the strongest, most competitive Upstream portfolio in the industry,” said Neil Chapman, senior vice president of ExxonMobil. “We’re achieving that by adding...
	ADNOC Drilling Completes its First Offshore Integrated Drilling Services Well 26th September 2019 This milestone follows the successful completion of 14 onshore IDS wells over the course of this year, underpinning ADNOC Drilling’s transformation into a fully integrated drilling services company...
	i-Tech 7 strengthens smart skid technology track record in Gulf of Mexico 26th September 2019 LLOG Exploration Co. was seeking better ways to flush three flowlines and two umbilicals as part of the workscope to abandon the G1 115 platform. Instead of using the conventional method of coil tubing, i-...
	ALE awarded SCR and umbilical pull in project in US Gulf of Mexico 25th September 2019 The scope of work included in this contract is for engineering, procurement, fabrication and offshore pull-in operations.ALE will start the engineering phase of this project immediately with offshore...
	OMV, Snam and TAG sign MoU for sustainable LNG mobility 24th September 2019 The agreement was signed by Rainer Seele, CEO of OMV Aktiengesellschaft, Marco Alverà, CEO of Snam S.p.A., as well as the Managing Directors of TAG GmbH, Daniele Gamba and Rudolf Starzer.The MoU lays out...
	Total, Eni stake new claim in Cyprus gas and oil search 19th September 2019 The agreement makes France’s Total and Italy’s Eni the biggest players in the Mediterranean island’s energy search, holding exploration licenses for seven of the 13 blocks. Korea’s...
	SWIM.AI introduces DataFabric software with RealTime analysis and prediction 19th September 2019 SWIM.AI today announced general availability of a new enterprise software product, Swim DataFabric. DataFabric software lets businesses interconnect all data-generating assets and provides...