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Upstream News

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

8th May 2012

The Czech environment ministry is planning to put up to a two-year moratorium on granting licenses for shale gas exploration until new legislation is put in place, the ministry said.During the moratorium,...
3rd May 2012

Nigeria is looking to expand its Liquefied Natural Gas (LNG) capacity from the current 26 million tonnes per annum, (MTPA), with additional 20 MTPA through the planned Brass LNG.Minister of Petroleum...
3rd May 2012

A deep-sea semi-submersible drilling platform will be employed in the South China Sea next week, marking the start of the country’s first foray into deepwater oil exploration.An eastern part of the much...
3rd May 2012

The “next-generation technology” for shearing and sealing wellbore tubulars has been unveiled by technology and services provider GE Oil & Gas the Offshore Technology Conference (OTC).The so-calledBlind...
2nd May 2012

A new, integrated drilling and fracturing site which could cut down on the amount of equipment used for shale gas exploration has been launched by Chinese rig manufacturers, Honghua Group Limited at this...
27th April 2012

UK natural gas producer, BG Group Plc has held talks with China Investment Corp (CIC) on the sale of an equity stake in its Australian LNG facilities, sources familiar with the matter told Reuters. The deal...
27th April 2012

Brazilian oil giant Petrobras said it expects to find between 8 trillion and 10tr cubic feet of natural gas in two Peruvian petroleum lots.Odebrecht, a construction firm, said it would invest USD 5 billion...
26th April 2012

India is studying the potential of shale gas and is watching safety and technology developments in other countries closely, the deputy chairman of its planning commission said on Thursday."We are exploring...
26th April 2012

Italian and Russian energy giants Eni and Rosneft have agreed to jointly explore hydrocarbons in the arctic.The deal comes one week after the Russian company made a similar pact with ExxonMobil worth USD125...
25th April 2012

Non-seismic geophysical imaging services provider ARKeX has began a new multi-client full tensor gravity gradiometry (FTG) survey offshore Greenland.In conjunction with ION Geophysical Corporation, the...

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