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Upstream News

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

15th June 2018

Over the past eight months, TRAC and ToolTec have completed the first four phases of a major project, including onshore testing within an agreed timeline. The project is co-funded by the Oil & Gas...
Graphic schematic of Kaikias in the U.S. Gulf of Mexico
6th June 2018

Shell has reduced costs by around 30% at this deep-water project since taking the investment decision in early 2017, lowering the forward-looking, break-even price to less than $30 per barrel of oil.“...
Troll Phase 3 topside modification
24th May 2018

The engineering, procurement, construction and installation (EPCI) contract is the company's latest award for work at phase 3 of the Troll development. Aker Solutions in January won work to provide the...
Equinor awarded nine licences
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...
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...
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,...
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 founder and executive director, Mark Patterson
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...
L-type gangway systems
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...

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