Browse the latest upstream news news and articles.
Newly released Recoverable Abandonment Frame technology could reduce abandonment costs by £20 million per well and cut project timelines by 50%.
The 23 partners behind Project Greensand have now submitted the final report from the pilot project, which has aimed to develop, test and demonstrate safe and efficient storage of CO2 in the North Sea subsurface.
Sentinel Subsea has announced the successful installation of WellSentinel™ systems for two significant projects in Australia.
Salunda has signed an agreement with technology services provider Intellilift to increase safety and efficiency in well construction.
Valeura Energy has announced first oil production from its Nong Yao C development, in Licence G11/48 (90% operated working interest), offshore Gulf of Thailand.
Kent and the Energy Institute have announced a new collaborative effort to create comprehensive guidelines for decarbonisation economics in greenhouse gas (GHG) emission reduction projects in the upstream oil and gas industries.
Global Energy Group (GEG) has been awarded a contract from Subsea7 Norway, to fabricate 134 Subsea Spools for the Aker BP-operated Yggdrasil Field Development in the North Sea.
Iraq’s upstream sector is undergoing rapid change, with an increasingly diverse corporate ecosystem, and significant investment being funneled into boosting oil and gas production.
Shell Offshore, a subsidiary of Shell, has taken a final investment decision (FID) on a ‘waterflood’ project at its Vito asset in the US Gulf of Mexico.
Chevron has announced that it started oil and natural gas production from the Anchor project in the deepwater U.S. Gulf of Mexico.
Impact Oil & Gas Ltd has announced that its wholly-owned subsidiary, Impact Africa Ltd, has entered into an agreement with Silver Wave Energy to acquire its entire interest (10%) in Area 2, offshore South Africa.
Pantheon Resources has announced that it has executed a rig contract to secure the use of the Nabors 105AC rig to drill the Megrez-1 well in Q424.