Upstream News

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

	Coretrax celebrates first deployment of expandable drilling liner in Norway 12th January 2021 The move has allowed the business to deliver and deploy novel technology and specialist personnel from local bases, significantly reducing the logistics, cost and carbon footprint of travelling from the US....
	Future Oil & Gas accelerates digital transformation 4th December 2020 Exploring how digitalisation, disruption and innovation are shaping the upstream oil and gas industry, speakers analysed the challenges and opportunities of digital transformation with a focus on IoT, AI,...
	Petrobras purchases FPSO P-71 and ponders development plan for Tupi 29th October 2020 It was also agreed to prepare a new Development Plan (DP) for the Tupi field, where the FPSO would originally be used.Petrobras' disbursement estimated in the transaction will be $353 million,...
	Groundbreaking new app details every energy resource in the North Sea 29th October 2020 The game-changing app shows the proximity of existing oil and gas infrastructure to wind farms, electrical cables and carbon capture and storage (CCS) sites, which will assist in gauging the potential for...
	BP starts gas production from Qattameya field 29th October 2020 Through BP’s joint venture, Pharaonic Petroleum Company (PhPC), the field, which is ‎expected to produce up to 50 million cubic feet of gas per day, has been developed ‎through a one-well...
	Oil production costs reach new lows boosting deepwater prospects 22nd October 2020 This means that oil is much cheaper to produce now compared to six years ago, with the clear cost savings winner being new offshore deepwater developments.“The cost of supply curve for liquids now...
	FutureOn advances next generation of digital twin solutions for oil and gas 22nd October 2020 FutureOn and Bentley Systems will combine FutureOn’s award-winning field design application (FieldAP) and its API-centric collaboration platform (FieldTwin) with Bentley’s iTwin platform to...
	Partnership set to promote AI awareness in energy and industrial sectors 22nd October 2020 Additionally, The Carnrite Group will receive IP licensing rights to Beyond Limits’ cutting-edge Cognitive AI technology, providing customers with direct access to Beyond Limits’ solutions....
	Enpro Subsea enables safe removal of ‘attic’ oil from Brent Bravo’s concrete cells 22nd October 2020 The recent campaign on Shell UK Limited (Shell) Brent Bravo concrete structure was completed with no safety incidents, ahead of schedule and within budget.Enpro’s patented technology enabled the safe...
	Digital technologies boosts earnings at Johan Sverdrup 5th October 2020 Digital solutions help increase subsurface understanding, ensure more efficient start-up of wells, higher stable production and more efficient maintenance.“Our experience shows that digital tools have...