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Upstream News

13th March 2012

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

Latest Upstream News:

 Total divests assets in the UK to Petrogas
Total has signed an agreement to divest several UK non-core assets to Petrogas NEO UK, the exploration and production arm of the Oman-based conglomerate MB Holding. - 21st July 2019
Brazil continues to lead global deployment of FPSOs to 2025
A total of 20 planned and announced floating production, storage and offloading vessels (FPSOs) are expected to be deployed offshore Brazil between 2019 and 2025, the highest among countries globally, according to GlobalData. - 21st July 2019
Project sanctioning in 2019 could soon eclipse 2014
Overall offshore project sanctioning in 2019 has surpassed the $50 billion mark, driven by Saudi Aramco’s recently announced $18 billion worth of project commitments associated with the Marjan and Berri expansion projects. - 21st July 2019
10th July 2019

First cementless completion using Welltec Annular Isolation
10th July 2019

Aker BP selected Optime Subsea as a provider of well access system and -services on the Norwegian Continental Shelf (NCS).
10th July 2019

Africa is taking the lead in the next phase of global LNG mega-projects. 2019 will shatter previous records for the industry.