
Rystad Energy: Best year for discoveries on NCS since 2014
Rystad Energy estimates the discovery to hold recoverable resources of around 70 million boe.
Browse the latest upstream news news and articles.

Rystad Energy estimates the discovery to hold recoverable resources of around 70 million boe.

The company’s latest research reveals that the West of Shetland (WoS) area retains the attention of major exploration and production (E&P) players in the region.

The drilling service provider demonstrated its quality management system met the strict criteria set out by API after being audited in October.

The Cougar XT electric underwater robotic vehicle will boost RusselSmith's subsea operations in Africa.

The company has reduced its 2020 CAPEX forecast by approximately 30%.

The Witbreak NEO range is inherently biodegradable in seawater.

The company's operating cash flow totalled US$597 million, a 22% increase compared to the second quarter. Third-quarter oil production increased 19% year-over-year, exceeding guidance.

This will allow Halliburton to collaborate across industries with research and development projects that will advance next-generation technologies

This new position has been created to focus on bringing DCT’s highly anticipated casing cement breaker (CCB) tool to market.

The company has acquired a 9.57% stake in the supergiant Azeri-Chirag-Gunashli oilfield.

The change applies to all deepwater production sharing contracts, regardless of vintage.

Sparrows Group has doubled the size of its operations in the United Arab Emirates after securing contracts worth in excess of £55 million in the past three months.