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

Latest Upstream News:

Tullow Oil has seen its share price slip 8.5 per cent (30p) today at the time of publishing after it announced that it would have to suspect operations at its TEN project offshore West Africa whilst Ghana and Cote d’Ivoire settle a dispute over their offshore territories
Tullow Oil has seen its share price slip 8.5 per cent (30p) today (at time of writing) after it announced it would have to suspect operations at its TEN project offshore West Africa whilst Ghana and Cote d’Ivoire settle a dispute over their offshore territories through international courts - 2nd March 2015
The L53-ANC1 exploration well offshore Thailand has been plugged and abandoned after failing to encounter commercial hydrocarbons, according to the operator Pan Orient Energy
The L53-ANC1 exploration well offshore Thailand has been plugged and abandoned after failing to encounter commercial hydrocarbons, according to the operator Pan Orient Energy - 2nd March 2015
DeepOcean Brasil Servicos Ltda., a subsidiary of DeepOcean Group Holding BV (DeepOcean), has been awarded a one year extension of contract for the provision of flexible repair and IMR services from Petrobras using the Deep Endeavour.
DeepOcean Brasil Servicos Ltda., a subsidiary of DeepOcean Group Holding BV (DeepOcean), has been awarded a one year extension of contract for the provision of flexible repair and IMR services from Petrobras using the Deep Endeavour. - 2nd March 2015
2nd March 2015

Maersk Drilling has been awarded a contract from Eni Ghana Exploration and Production for employment of the newbuild drillship Maersk Voyager
2nd March 2015

Otto Energy has signed a farm-in agreement with Red Emperor Resources NL for Red Emperor to earn a 15 per cent working interest in SC55, offshore the Philippines, whilst Otto has also executed a letter of intent with Maersk Drilling to secure the Maersk Venturer ultra-deepwater drillship to drill the Hawkeye-1 exploration well
2nd March 2015

Lion Energy has received formal approval from the Directorate General of Oil and Gas (MIGAS) of the award of two separate unconventional joint studies over two highly prospective areas in Indonesia’s North and Central Sumatra Basins