Browse the latest upstream news news and articles.
The company has announced that the Cormorant-1 exploration well on Petroleum Exploration License 37 (‘PEL 37’) offshore the Republic of Namibia encountered non-commercial hydrocarbons.
The company has appointed Davor Saric as its new Technology Director to help deliver the company’s next generation of disruptive technologies.
Following recent statements by Fluvio Ruiz Alarcon, Adrian Lara, Senior Oil and Gas Analyst at GlobalData, offers his view on the impact on the upstream sector.
The company has announced a major gas discovery on the Glendronach prospect, located offshore U.K. West of Shetland.
Equinor has awarded Transocean a contract for drilling six wells on the Norwegian continental shelf (NCS) by use of the Transocean Norge mobile rig. Drilling start-up is scheduled for the summer of 2019.
Steve Mitchell has been appointed to the Senior Management team at ASCO, taking up the role of Operations Director (Scotland) as the materials management company continues its drive for efficiency through digitalisation.
Gastech 2018 has closed with the organisers reporting in excess of 30 000 attendees over four days - a record for the 30th edition of the event - laying a strong foundation for the 2019 event in Houston.
The Romanian government has proposed a reduced royalty and additional tax structure for offshore investments, allowing a larger proportion of capital investments to be deducted for tax purposes.
The company has announced that it has signed a Sale & Purchase Agreement (SPA) for the acquisition of Cieco Exploration & Production (UK) Limited, a wholly owned subsidiary of ITOCHU Corporation.
OMNIS, in partnership with Africa Oil Week, TGS and BGP, announce a licensing round in Madagascar, to be launched at Africa Oil Week, 5 - 9th November 2018.
ESAI Energy’s pipeline assessments address the status and timing of proposed pipeline projects and estimate the impact these projects have on the origin and destination points in key markets.
Iran has new build capital expenditure (Capex) of around US$22.3 billion for the forecast period.