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Upstream News

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

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...
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...
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....
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...
Johan Sverdrup operators use tablets in their daily work
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...
1st October 2020

The scope of work covers a complete subsea production system including 10 vertical subsea trees, two manifolds, wellheads, satellite structures, control systems and tie-in equipment."We look forward to...
31st July 2020

The initial consideration is GBP 2.2 million, payable as a carry against 50% of Equinor’s net share of costs, with a contingent consideration of USD 15 million following authority approval of a field...
26th June 2020

With a productive capacity of 150,000 barrels of oil per day, this new unit double the overall production capacity of the Iara cluster – initiated in November 2019 on the Berbigão field with the FPSO...
25th June 2020

Total and Sonatrach have signed an agreement renewing their partnership in the field of liquefied natural gas (LNG).This agreement notably makes it possible to extend the supply of Algerian LNG to the...
24th June 2020

The Hod field will be developed in collaboration with Aker BP’s alliance partners with a normally unmanned installation remotely controlled from the Valhall field centre, with very low CO2 ...

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