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Upstream News

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

Latest Upstream News:

Ocean Rig bags deepwater drillship extensions offshore Brazil and Angola
Ocean Rig has been awarded extensions of the drilling contracts for its two ultra-deepwater drillships, the Ocean Rig Corcovado and the Ocean Rig Mykonos, by Petróleo Brasileiro S.A. (Petrobras) for drilling offshore Brazil - 20th October 2014
Africa Hydrocarbons drills dry onshore Tunisia
Africa Hydrocarbons has announced that recompletion operations of the Abiod limestone in its BHN-1 well on the Bouhajla Permit in Tunisia have concluded and the well will be plugged and abandoned - 20th October 2014
Calmena sheds Brazil upstream business
Calmena Energy Services has completed the sale of its Brazil operations, including all of its assets and its wholly owned subsidiary located in Brazil to a private Canadian company for a purchase price of USD 7.4m - 20th October 2014
Taipan Resources has announced that an assessment of the company's prospective resources on the Afren-operated Block 1 in northern Kenya has been completed by RPS Energy - 20th October 2014
Leni Gas & Oil has announced that well GY-669, the sixth of its planned 30 new development wells at the Goudron Field in Trinidad, and the first well from the third drill pad, has been successfully drilled to a depth 2,390 feet measured depth (MD) - 20th October 2014
Addax Petroleum has extended its use of the FPSO Kock Adoon offshore Nigeria by a year in a USD 39m-extension contract with vessel owner Yinson Holdings (though Yinson’s subsidiary Adoon Pte Ltd) - 20th October 2014