Petrobras releases teaser for Santos Basin block
Petrobras is aiming to sell 50% to 100% of its stake in the BM-S-51 concession.
The latest upstream news
Orca Energy preparing workover of Tanzania onshore well
The company is also undertaking a major review subsurface review of the Songo Songo gas field offshore Tanzania.
Rystad Energy: Covid-19 pushes OFS headcount to lowest level in over a decade
A Rystad Energy analysis of the top 50 oilfield service (OFS) firms shows that staffing is set to reach its lowest level in more than 10 years.
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Can the North Sea survive?
Kyrah McKenzie, Wood Mackenzie, UK, considers the implications of the oil price crash and coronavirus for the North Sea upstream industry.
TGS announces onshore 3D seismic survey in the Powder River Basin
Voyager 3D, located in Johnson County, Wyoming, US, will encompass approximately 555 km2.
Halliburton and Honeywell collaboration to improve asset productivity
The collaboration will leverage Halliburton Landmark’s DecisionSpace® 365 E&P cloud applications and Honeywell Forge.
Finding opportunities for growth during the Coronavirus pandemic
An interview with Sabine Busse, President of ABB Measurement & Analytics Division.
Petronas joins subsea pump JIP
The FASTsubsea technology is being designed to allow operators to more rapidly extract additional hydrocarbons from existing offshore wells and installed infrastructure.
SOCAR-Petrofac JV awarded contract by BP Azerbaijan
The contract's scope includes international payroll and personnel support services.
Upcoming oil events
EPOCH of Sustainability. International Upstream Congress
05 Oct 2020 - 06 Oct 2020
Allianz Park
Greenlands Ln,
Hendon,
London,
NW4 1RL,
United Kingdom
SMD to supply ROV to Petrovietnam subsidiary
SMD will supply a Quasar II, medium-sized work class ROV to PTSC GEOS & SUBSEA SERVICES CO., LTD.
Wellesley Petroleum given drilling permit by NPD
Well 6204/11-3 will be the first exploration well to be drilled in production licence 829.
TGS begins multi-year seismic survey in Egypt
The company is conducting an airborne Enhanced Full Tensor Gravity Gradiometry multi-client survey - together with magnetic and Lidar data - over the Upper Egypt region of the country.
Aberdeen firm acquires drilling service company
The drilling repair company MRDS has been acquired by Aberdeen-based investment firm Garrick Group.
Equinor appoints new CEO
Anders Opedal will assume the position of president and CEO of Equinor from 2 November 2020.
Zenith Energy returns operatorship of Tilapia licence
The Tilapia licence is located in the Republic of the Congo.
Petrobras starts binding phase for sale of Tataruga offshore field stake
The company has also announced it is mothballing the Merluza platform.
Rystad Energy: Libya’s oil blockade could shrink upcoming global production glut by 65%
Libya's current oil output is approximately 100 000 bpd, in comparison to 1.2 million bpd before the onset of civil war.
Lloyd's Register welcomes OGA Energy Integration Project report
Lloyd's Register conducted a detailed technical study on behalf of the Oil and Gas Authority (OGA) into potential options for decarbonising the offshore energy system.
Oil dips, correcting week's extravagant gains over renewed Covid-19 fears
Oil prices fell on Friday as traders corrected the extravagant gains of this week, pricing in concerns over Covid-19’s effect on the demand recovery.