
Oilfield service companies are going beyond oil
Heavyweight oilfield service providers like Saipem and Baker Hughes are diversifying beyond oil and gas development projects and are moving increasingly into renewable energy projects.
Browse the latest upstream news news and articles.

Heavyweight oilfield service providers like Saipem and Baker Hughes are diversifying beyond oil and gas development projects and are moving increasingly into renewable energy projects.

Rystad Energy has outlined three possible scenarios for Russia’s largest gas conduit to Europe beyond 2020.

The Andaman II PSC is an exploration block over the North Sumatra Basin covering an area of 7400 km2.

Orca-1 is the third-largest discovery made so far this year, and the largest deepwater find.

First gas from a new well at Spirit Energy’s Chiswick field in the Southern North Sea was achieved in July 2019 and has added up to an additional 25 million ft3/d of gas to the field.

Lundin Norway is the operator of the Edvard Grieg platform with a 65% working interest and the partners are OMV Norge and Wintershall DEA with 20 and 15% working interests respectively.

Peterson has worked with Premier since 2010 providing integrated logistics services to support its North Sea activity.

N-Sea has celebrated a successful end to 2019 for its Dubai division, with contract awards exceeding US$15 million, as well as significant growth of its workforce.

The Department of the Interior’s Office of Natural Resources Revenue (ONRR) reported that revenues generated from energy development on federal lands increased by US$2.76 billion dollars over fiscal year 2018.

Of the 38 global oil and gas discoveries made in 3Q19, six were located in Norway.

Over the last six months, Well-SENSE has conducted multiple offshore FiberLine Intervention projects for a range of international supermajors and applications.

During operations to recover a failed packer, the well started flowing natural gas to surface. For safety reasons, the well was immediately shut in.