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Upstream News

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

9th January 2018

Eight-figure sum is most financially significant deal in company’s historyIt will see the independent firm mobilise five vessels to deliver subsea completion works for Indian multi-national...
8th January 2018

Heppenstall will take over the reins of Subsea North East from Andrew Hodgson to further strengthen the organisation’s position as a leading authority across the industry.CEO of BEL Valves and former...
8th January 2018

“Our objective is to increase production and to improve production efficiency through the use of new technologies and design solutions in the field.” remarks Mars Khasanov, CEO of Gaspromneft...
8th January 2018

Over the next decade, 1,400 wells are forecast to be abandoned on the UKCS, at a cost of c.£7 billion. Developing and deploying new technology to tackle this issue represents a huge prize and supports...
21st December 2017

The results of three non-intrusive inspection (NII) trials, organised by the Oil & Gas Technology Centre and Total E&P UK, demonstrated that the technology can deliver significant cost, safety and...
21st December 2017

Blue Water Energy and BGF have jointly committed to the funding which underpins ROVOP’s ambitious future growth plans including the creation of potentially up to 80 jobs.ROVOP, which has bases in...
21st December 2017

 A tailor-made process design has been realised, which represents the first plant with a combination of biological treatment and filtration processes for this application. The official opening took...
The P-54 FPSO on the Roncador Field
19th December 2017

The transaction nearly triples Statoil’s production in Brazil, with attractive break-evens and potential for additional value creation for both parties through the application of Statoil’s...
19th December 2017

Eni successfully drilled the Tecoalli 2 well, in the shallow waters of the Campeche Bay, offshore Mexico. Thanks to the results of this well and the revision of the reservoir models of the Amoca and Miztón...
The subsea Maria field in the Haltenbanken area
19th December 2017

Wintershall, and its licence partners Petoro and Spirit Energy, have started production at the Maria field one year ahead of schedule. Costs have been reduced by more than 20% compared to plan. Oil...

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