Upstream News

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

	HPR ROV Increases International Footprint with KSA Partnership 31st March 2021 The agreement, which reflects the Aberdeenshire company’s international growth strategy, will see i-Energy act as exclusive agents for HPR ROV in the region, enabling the firm to offer its full suite...
	ASCO Wins INEOS Oil & Gas Contract in Norway 24th March 2021 ASCO Norge AS will be responsible for the delivery of base services for INEOS’ drilling operation of the Fat Canyon out of Kristiansund, where work is expected to begin in July.The scope for the...
	RigQuip and Zamil announce Saudi drilling equipment service facility 24th March 2021 RigQuip Drilling Services has signed a Memorandum of Understanding with Zamil Shipyards to open a base in Dammam, Saudi Arabia. The collaboration will offer both companies’ clients drilling...
	OSSO nets North Sea win with Neptune Energy 18th March 2021 OSSO, the specialist fluid temperature control and separation solutions provider, has been awarded a contract by global E&P independent operator, Neptune Energy, to deploy its high volume mud cooler and...
	Forum Energy Technologies appoints Brazilian partner to support growth in South America 17th March 2021 Deepsea Technologies provides engineered products and services to the oil and gas industry globally. It has a key focus in delivering solutions for subsea and topside production systems and subsea...
	Equinor Awards Long-term Frame Deals to Seismic Players PGS and Shearwater 10th March 2021 “This is a new way of working with seismic suppliers. We are moving away from annual tenders towards a more long-term collaboration model. This will ensure improved predictability and more sustainable...
	Equinor unearths new oil discovery near Johan Castberg field 10th March 2021 Equinor and partners Vår Energi and Petoro have struck oil in exploration well 7220/7-4 in production licence 532 in the Barents Sea. Recoverable resources are so far estimated at between 5 and 8 million...
	Sparrows Group secures five-year US deal with major operator 10th March 2021 The seven-figure deal will see Sparrows’ Houston team deliver crane inspection, maintenance, testing and repair services at two onshore facilities and a platform in the Gulf of Mexico. In addition,...
	New collaboration brings together high speed ROV capability and reduced costs 10th March 2021 The agreement sees the permanent installation of one of UCO’s observation and inspection ROVs aboard Gulfxstream’s MV Viking. This means the spread can be mobilised at short notice and, with MV...
	Maersk Drilling secures one-well contract to reactivate Maersk Resolute 8th March 2021 The contract is expected to commence in April 2021, with an estimated duration of 45 days. The contract value is approximately USD 4.5m.Prior to commencement of the contract, Maersk Resolute will be...