Upstream News

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

	Eigen Delivering Enhanced Operational Management at Goliat 13th February 2018 Working with ENI Norge, the Barents Sea project will greatly increase the visibility of real-time asset-integrity and risk-stance. This will help operations to reduce the risk of safety incidents and...
	Total strengthens its position in the Mediterranean region 12th February 2018 These agreements provide for the drilling of at least one well per block in the first three years.“An established player in Lebanon’s marketing sector, Total is delighted to expand its presence...
	Enpro Subsea wins Frame Agreement with Tullow Oil contract in West Africa 9th February 2018 Production optimisation specialist company Enpro Subsea has been awarded a frame agreement contract to support leading multinational exploration and production (E&P) company Tullow Oil as part of the...
	New subsea technology could generate £3 billion from the North Sea 9th February 2018 At the current oil price, 1.5 billion barrels in small pools in the basin are potentially economic. Wood Mackenzie and the Oil & Gas Technology Centre announced today that developing new subsea...
	Aker Solutions wins services contract from Petrobras in Brazil 8th February 2018 The four-year contract is valued at about NOK 800 million and includes an option for a one-year extension. The order covers a range of services to renovate, repair and upgrade the floating production...
	Chevron announces major oil discovery in deepwater Gulf of Mexico 7th February 2018 Chevron Corporation has announced a significant oil discovery at the Ballymore prospect in the deepwater U.S. Gulf of Mexico.Ballymore is located in the Mississippi Canyon area of the U.S. Gulf of Mexico,...
	Quantico Energy Solutions and target announce technology alliance 6th February 2018 Quantico Energy Solutions (Quantico), a leader in artificial intelligence (AI) solutions for the Upstream segment of the oil and gas industry, and TARGET, an oilfield services company specializing in...
	PRE-LAY mooring and anchoring solutions to be deployed on transocean GSF development driller 1 RIG 6th February 2018 The deal , a continuation of previous work for Quadrant Energy, begins in March 2018.The agreement - with the project scope and engineering consultancy coordinated out of Perth - will enable Quadrant to...
	CGG extends Oklahoma coverage with Yukon multi-client survey 6th February 2018 Imaging efforts will focus on gaining a better understanding of the facies distribution of the Meramec, Osage and Woodford play intervals. A preliminary prestack time-migrated (PSTM) product is due for...
	North Sea exploration success for BP 5th February 2018 The discoveries are Capercaillie, in Block 29/4e in the Central North Sea, and Achmelvich, in Block 206/9b west of Shetland. BP is 100% owner of Capercaillie and the Achmelvich well partnership comprises BP...