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Upstream News

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

 Total closes the Maersk Oil acquisition
8th March 2018

It brings to Total around 1 billion barrels of oil equivalent of 2P/2C reserves and resources, mainly in the OECD countries, and a production of about 160,000 barrels of oil equivalent per day (boe/d) in...
DNV GL boosts investment in 3D printing
6th March 2018

The new centre, which is supported by the Singapore Economic Development Board (EDB), will focus on developing competence including qualification, certification and training for additive manufacturing (AM...
Total acquires a stake in the Waha Concessions in Libya
4th March 2018

This acquisition will give Total access to reserves and resources in excess of 500 million barrels of oil equivalent, with immediate production of around 50,000 barrels of oil equivalent per day (boe/d) and...
2nd March 2018

The wells were drilled about two kilometres north of the Bøyla field, 26 km southwest of the Alvheim field and 200 km northwest of Stavanger.The primary exploration target for wildcat well 24/9-12 S was to...
Nova subsea production system
28th February 2018

The system will consist of two templates with manifolds, seven subsea trees including one spare, umbilicals and associated tie-in and controls equipment for Nova. The order includes installation and...
eabox subsea water treatment system
27th February 2018

The Seabox system enables water treatment to be done directly at the seabed and water to be pumped straight into the injection well. This will allow the operator to optimise waterflooding and improve oil...
Schlumberger and Subsea 7 announce intent to form a joint venture
23rd February 2018

Subsea Integration Alliance currently combines the subsurface expertise, subsea production systems (SPS) and subsea processing systems of OneSubsea with the subsea umbilical, riser and flowline systems (...
New US tax system positive foe unconventionals
15th February 2018

The net impact of the bill is obviously still up for academic debate, but most believe that this will certainly be a net positive – at least to the corporate bottom line, if not overall economic...
The development work will take place at several yards along the Norwegian coast.
14th February 2018

 The contract has a total value of about NOK 3.8 billion. The development work will take place at several yards along the Norwegian coast. “This is one of the large pieces of the Johan...
Eni has signed two Exploration and Production Agreements (EPA) with the Republic of Lebanon
14th February 2018

The agreements are the result of the first International Competitive Offshore Licensing Round launched by Lebanese Petroleum Authority.The agreements open the way for the exploration of the Offshore of...

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