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Upstream News
Global coverage of exploration and production, field development, shale, fracking and other upstream sector developments
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4th February 2020 The final PSDM data identifies key stratigraphic intervals for a better understanding of the petroleum system and, in conjunction with the high-resolution gravity and magnetic data, brings new information...
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31st January 2020 The consideration for each partner for their 24.5% interest is USD 177.5 million.The block covers around 56,000 gross acres in the central area of the prolific Vaca Muerta play. The operator is YPF (...
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30th January 2020 Contractors have been selected for both the SURF (Subsea, Umbilical, Risers and Flowlines) and the FPSO (Floating Production, Storage and Offloading) contracts.Subsea Integration Alliance, SIA formed by...
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30th January 2020 The well development campaign is due to start in March 2020 and will continue for an estimated 3-year term. The contracts awarded include directional drilling, logging while drilling, surface data logging,...
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28th January 2020 The contract announcement follows a successful field trial that OPEX Group started last year, which saw their Predictive Analysis Service applied to the gas compression systems on Chrysaor’s Lomond...
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23rd January 2020 The vessel will transport supplies to installations on the Norwegian continental shelf (NCS).Equinor has awarded Eidesvik Offshore a five-year contract with effect from April 2020, when the current contract...
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23rd January 2020 Located approximately 275 kilometers off the coast of Louisiana, the North Platte field development includes a semi-submersible floating production unit (FPU) in water over 1,300 meters deep.The project...
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20th January 2020 The extension has an estimated duration of 93 days and a contract value of approximately USD 25.5m, excluding a potential performance bonus. The contract includes an additional one-well option.Maersk...
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15th January 2020 The contract includes an option for the engineering, procurement, construction and installation (EPCI) work following the completion of the study.The study will outline how installation of electrical...
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14th January 2020 James Fisher Offshore (JFO), strengthens its position as the global life of field support provider of specialist offshore engineering solutions, consolidating its services with those of its sister company,...
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