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Home/News/Upstream news

Upstream news

Browse the latest upstream news news and articles.

Shelf Drilling receives extension on jack-up rig for Egypt operations
9 Mar 20201 min read

Shelf Drilling receives extension on jack-up rig for Egypt operations

The contract extension is for the Trident 16 jack-up rig, which is operating in the Gulf of Suez offshore Egypt.

Production resumes at Bruce platform
9 Mar 20201 min read

Production resumes at Bruce platform

It is anticipated that production from the Bruce, Keith and Rhum fields, located in the UK North Sea, will be fully restored over the coming days.

Pharos Energy confirms interest in Shell's Egypt assets
6 Mar 20201 min read

Pharos Energy confirms interest in Shell's Egypt assets

Pharos Energy has confirmed that it is participating in the process for the purchase of Shell's upstream portfolio in the Western Desert in Egypt as part of a consortium.

Hurricane Energy and Spirit Energy amend Greater Warwick Area agreement
6 Mar 20203 min read

Hurricane Energy and Spirit Energy amend Greater Warwick Area agreement

The Greater Warwick JV between the two companies has now agreed a new cost allocation agreement.

Equinor granted permission to use mobile drilling facility
6 Mar 20201 min read

Equinor granted permission to use mobile drilling facility

Norway's Petroleum Safety Authority (PSA) has given Equinor consent to use the Deepsea Atlantic mobile drilling facility for drilling and completion on the Tordis and Vigdis fields.

ExxonMobil planning CAPEX of US$30 – US$35 billion annually through 2025
6 Mar 20202 min read

ExxonMobil planning CAPEX of US$30 – US$35 billion annually through 2025

Darren W. Woods, the company's chairman and CEO, made the announcement at the company’s annual investor day at the New York Stock Exchange.

Premier Oil releases 2019 full year results
6 Mar 20202 min read

Premier Oil releases 2019 full year results

The company recorded an increased profit after tax of US$164 million, compared to US$133 million in 2018.

Empire Energy given go-ahead for drilling in Australia's Northern Territory
6 Mar 20202 min read

Empire Energy given go-ahead for drilling in Australia's Northern Territory

Empire Energy Group Ltd. has received Northern Territory Government approvals for the drilling of Carpentaria-1.

Rystad Energy: coronavirus poised to wipe out majority of 2020 oil demand growth
6 Mar 20204 min read

Rystad Energy: coronavirus poised to wipe out majority of 2020 oil demand growth

Rystad Energy now expects more than half of global oil demand growth to be lost in 2020.

Aker BP and Framo sign offshore maintenance contract
6 Mar 20202 min read

Aker BP and Framo sign offshore maintenance contract

The two companies have entered a long-term maintenance contract for seawater lift pumps.

Equinor, Shell and Total complete Northern Lights drilling
5 Mar 20202 min read

Equinor, Shell and Total complete Northern Lights drilling

Drilling of confirmation well 31/5-7 Eos south of the Troll field in the North Sea took place to determine the suitability of the reservoir in the Johansen formation for CO2 storage.

WFS Technologies enters new era to support growth plans
5 Mar 20201 min read

WFS Technologies enters new era to support growth plans

WFS has appointed Peter Sharpe as interim CEO, taking over from Brendan Hyland who is stepping down after founding the firm more than 17 years ago in 2003.

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