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Upstream News

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

21st August 2019

The Abu Dhabi National Oil Company (ADNOC) announced, today, the award of multi-billion-dollar contracts for the procurement of casing and tubing as it drives value through its smart approach to procurement...
21st August 2019

Combined with additional investments from existing investors ProVenture and Investinor, the company raised 15.7 MNOK ($1.8 M).The money from this financing round will support the qualification and...
ADNOC
21st August 2019

The Abu Dhabi National Oil Company (ADNOC) announced, today, the award of multi-billion-dollar contracts for the procurement of casing and tubing as it drives value through its smart approach to procurement...
21st August 2019

The contract builds on the Aberdeen headquartered company’s existing long-term relationship with the E&P organisation to become a single point of contact for all lifting and handling operations...
20th August 2019

RelyOn Nutec’s Training Management Service (TMS) has secured a deal to manage the training matrix and associated resources for Rever Offshore, formerly Bibby Offshore, with an option to increase the...
20th August 2019

Since 2005, the company’s Engineering Conversion Programme has enabled experienced engineers from aerospace to automotive, and onshore construction to ex-military, to transfer their skills into oil...
20th August 2019

Nitrox diving system with gravity-based LARS installed on the Balmoral FPV for cost-effective asset-based activity rather than using a dive support vessel (DSV)Work from the FPV included diving through the...
Shell invests in PowerNap subsea tie-back in Gulf of Mexico
15th August 2019

PowerNap is a subsea tie-back to the Shell-operated Olympus production hub. The project is expected to start production in late 2021 and produce up to 35,000 barrels of oil equivalent per day (boe/d) at...
Well-Safe solutions awards two multi-million-pound contracts
15th August 2019

Global Energy Group and Rigfit7seas have been appointed to deliver the ambitious refurbishment of the semi-submersible drilling rig. Global Energy Group will provide quayside services and the paintwork...
Upstream sector emerging as the epicentre for Industrial Internet adoption
15th August 2019

This is driven by the need to reduce operational risks and maximizing returns from their assets through digitialisation, according to GlobalData, a leading data and analytics company.The company’s...

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