Schlumberger and Dataiku Technology enter AI partnership
The partnership will enable the E&P industry to build and deploy their own artificial intelligence (AI) solutions across the full breadth of their upstream workflows.
The latest upstream news
Xylem introduces industrial-strength product lines to handle critical challenges in the oil and gas industry
The company is expanding its pump portfolio to help the oil and gas industry effectively manage the millions of gallons of water required for production.
No oil transfer terminal at Veidnes
The oil export from Johan Castberg will therefore go directly to the market, as described in the plan for development and operation (PDO).
Talos Energy acquires portfolio of Gulf of Mexico assets
The Acquired Assets produced approximately 19 thousand barrels of oil equivalent per day (MBoe/d) during 3Q19.
Liberia expected to offer nine offshore blocks in 2020 license round
The licensing round is expected to commence in April 2020, with nine blocks on offer in the Harper Basin.
SBM Offshore signs FPSO Sepetiba contracts with Petrobras
FPSO Sepetiba will be deployed at the Mero field in the Santos Basin offshore Brazil, 180 km offshore Rio de Janeiro.
Springfield E&P announces oil and gas discovery offshore Ghana
The discovery totalled 1.5 billion bbl of oil and 0.7 trillion ft3 of gas.
Finalists announced for Subsea UK 2020 awards
The black-tie event will take place on 12 February 2020 at P&J Live in Aberdeen, UK, during Subsea Expo – Europe’s largest subsea focused exhibition and conference.
READ Cased Hole opens new facilities in Houston and Anchorage
In Houston, READ now operates from a 9000 ft2 facility in a highly accessible area of the city, comprising offices, a technical workshop, a laboratory and warehouse storage, while the company has relocated to a new and improved customer support office in Anchorage.
Upcoming oil events
WEBINAR - Key criteria to ensure proper selection of a cable drag chain
13 Dec 2019 - 13 Dec 2019
United Kingdom
Subsea Expo 2020
11 Feb 2020 - 13 Feb 2020
The Event Complex
Bucksburn,
Aberdeen,
AB21 9SB,
United Kingdom
IP Week 2020
25 Feb 2020 - 27 Feb 2020
InterContinental Park Lane
One Hamilton Place,
London,
W1J 7QY,
United Kingdom
Tudor International Freight warns that post-Brexit trade debate has failed to highlight implications for businesses
A leading oil and gas sector logistics expert has said the current debate about a post-Brexit trade deal between the UK and US has failed to highlight the key implications for businesses.
Shelf Drilling receives extension for Trident XIV jack-up rig
The Trident XIV Jack-up rig is undertaking workover operations offshore Nigeria.
Ocean Infinity to perform 2D seismic survey for Total in Angola
Ocean Infinity will be deploying technology to conduct 2D Ultra High-Resolution Seismic surveys and Seabed Soil Sampling in Block 32 and Block 17.
PGNiG and ERU to undertake exploration and production operations in Ukraine
The agreement between ERU and PGNiG provides for joint operations on a licence located in the Lviv region, which is close to the Polish border.
HUBER+SUHNER cable solution reduces offshore platform weight
The fire-resistant RADOX® OFL (Oil & Gas Flexible Lightweight) cable solution provides the offshore industry with a safe way to reduce platform weight.
Petrofac and Maersk Drilling sign well management contract
Petrofac has been appointed by Maersk to deliver well management services, including project and supply chain management support for shallow water and deepwater wells throughout the duration of the programme.
Total to invest in Waha concessions in Libya
Total will finance contributions of US$70 million at the outset, US$30 million when the North Gialo field will come onstream and US$30 million when the NC 98 field will come onstream.
Chevron announces capital and exploratory budget for 2020
In the upstream business, approximately US$11 billion is forecasted to sustain and grow currently producing assets, including about US$4 billion for Permian unconventional development and about US$1 billion for other international unconventional development.
Vår Energi completes acquisition of ExxonMobil’s upstream assets in Norway
The acquired fields, which are mostly operated by Equinor, will add additional daily production of approximately 150 000 bpd for the company, which is owned by Eni and HitecVision.
Collaboration, creativity and commercial partnerships – the new upstream triumvirate
Dave McKendrick, Baker Hughes, demonstrates how industry partnership models are marking a new era for extending life of field.