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Home/News/Upstream news

Upstream news

Browse the latest upstream news news and articles.

Chevron reports Q4 net income of US$415 million
30 Jan 20175 min read

Chevron reports Q4 net income of US$415 million

Chevron has reported earnings of US$415 million for Q4 2016, compared with a loss of US$588 million in Q4 2015.

TGS commences first onshore seismic project in the Permian Basin
30 Jan 20171 min read

TGS commences first onshore seismic project in the Permian Basin

TGS has begun field operations on the West Kermit 3D seismic survey in the Delaware Basin. This project will encompass a minimum of 150 square miles in Loving and Winkler Counties, TX.

Egdon Resources: completion of acquisition of interest in PEDL201
30 Jan 20172 min read

Egdon Resources: completion of acquisition of interest in PEDL201

Egdon Resources plc has announced that it has now completed the acquisition of an additional interest in PEDL201 in the Company’s East Midlands core area.

Lundin receives consent for exploration drilling on the Edvard Grieg field
30 Jan 20171 min read

Lundin receives consent for exploration drilling on the Edvard Grieg field

Lundin has received consent to carry out exploration drilling of well 16/1-27 on the Edvard Grieg field.

New technology collaboration lights the way for improved diver safety
30 Jan 20173 min read

New technology collaboration lights the way for improved diver safety

A new on-demand wireless ribbon lighting system has been launched following a collaboration between award-winning Scottish technology companies WFS Technologies Ltd and PhotoSynergy Ltd (PSL).

Trelleborg posts oil and gas sealing test certification online
27 Jan 20173 min read

Trelleborg posts oil and gas sealing test certification online

For the first time, test certification for almost 30 of Trelleborg Sealing Solutions best-in-class materials for the oil and gas market is made available online.

Pantheon Resources completes successful East Texas well
27 Jan 20172 min read

Pantheon Resources completes successful East Texas well

Pantheon confirms that the VOBM#2H sidetrack well, Polk County, onshore East Texas, has been drilled to a total measured depth of ~16 450 ft and will now be completed ahead of testing.

IKM secures contract with Subsea 7 for Culzean field
27 Jan 20171 min read

IKM secures contract with Subsea 7 for Culzean field

Subsea 7 has won the award of a subsea, umbilical, riser and flowline (SURF) contract by Maersk Oil. (Image: Maersk).

Azeire announces extension to Frontier exploration licence
27 Jan 20172 min read

Azeire announces extension to Frontier exploration licence

AzEire Ltd., the Ireland focused oil and gas exploration company has announced that it has been awarded an extension to its 100% working interest FEL 1/13 Licence in the Porcupine Basin.

Statoil receives consent to use Songa Encourage for well activities
27 Jan 20171 min read

Statoil receives consent to use Songa Encourage for well activities

Statoil is the operator of the Norne field in the Norwegian Sea, west of Mo i Rana in Nordland county. The field has been developed using a floating production and storage unit, tied to the well templates on the seabed. Water depth at the Norne field is 380 m.

Subsea Expo to explore global opportunities for UK firms
27 Jan 20172 min read

Subsea Expo to explore global opportunities for UK firms

With UK subsea exports valued at almost £5 billion, Subsea UK is encouraging British firms to set their sights on international expansion to sustain long term growth.

McKinsey Energy Insights debuts Energy Demand Intelligence tool
26 Jan 20172 min read

McKinsey Energy Insights debuts Energy Demand Intelligence tool

McKinsey Energy Insights (MEI), the analytics specialist that provides distinctive insight and support to the global energy industry, has launched the Energy Demand Intelligence (EDI) Community tool.

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