Browse the latest upstream news news and articles.
With an East Coast gas crisis looming, a significant new gas field has just been proved up in Central Queensland and could prove invaluable in helping to alleviate a forecast domestic market shortfall of about 50 Petajoules (PJ) a year.
KCA Deutag (KCAD), a leading global drilling and engineering contractor, has entered into an agreement with the shareholders of Dalma Energy LLC to combine their respective businesses through the acquisition by KCAD of Dalma’s Omani and Saudi Arabian businesses (the Dalma Business).
McDermott International, Inc. has been awarded a detailed engineering and long lead procurement services contract from BP Trinidad & Tobago, LLC (bpTT) for the Cassia C Compression Platform, located 40 miles (65 km) off the southeast coast of Trinidad and Tobago.
The Norwegian Petroleum Directorate (NPD) has granted Lundin Norway AS a drilling permit for well 7220/11-5 S, cf. Section 15 of the Resource Management Regulations.
Borders & Southern, the London based independent oil and gas exploration company with assets offshore the Falkland Islands, announces the results of an independent evaluation of the Darwin East discovery and the adjacent Darwin West untested fault block.
Saffron Energy, the pan Euro Asian gas explorer, has confirmed significant progress on a number of acquisitions in South East Asia and its withdrawal, by mutual consent, from the acquisition of PVO from Po Valley Energy Limited (Po Valley Energy).
Statoil and its partners have contracted the West Phoenix rig for exploration drilling on the UK and Norwegian continental shelves from the summer of 2018.
This end-to-end offering unlocks the power of two industry leaders to deliver improved profitability and operational excellence to maximise return on capital.
The project, which is due to be carried out in April/May this year using the Stena Clyde MODU, has been in the planning stages since last year.
Tullow Oil Plc, Anadarko Petroleum Corporation, Kosmos Energy Ltd, and CEF (SOC) Ltd represent the companies with the largest licensing presence in Ghana, each participating in four blocks.
SDX Energy Inc., the North Africa focused oil and gas company, has spud its SAH-2 development well on the Sebou permit in Morocco.
TAG Oil Ltd. has provided the following update with respect to TAG Oil’s operated Pukatea-1 exploration well located in the Puka permit (PEP 51135, 70% TAG Oil) in the Taranaki Basin of New Zealand.