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Upstream News

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

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...
14th February 2018

£37 million co-invested to develop and deploy new technology200 start-ups and SMEs compete for TechX funding and supportMachine learning ideas could help unlock untapped reservesWith more than 80...
13th February 2018

•   First offshore application for the SGT-750 gas turbine•   Contract booked as part of Siemens Frame Agreement with StatoilThe project represents the first offshore...
Atoll is the first new project to come into production for BP in 2018
13th February 2018

The project, in the North Damietta concession in the East Nile Delta, was delivered seven months ahead of schedule and 33% below the initial cost estimate.The project is now producing 350 million cubic feet...
13th February 2018

Designed specifically for Floating Production Storage and Offloading (FPSO) cargo tank protection, Hempadur 15600 is International Maritime Organization (IMO) Performance Standard for Protective Coatings (...

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