Skip to main content
 

The latest upstream news

Senex to invest US$1 billion to boost to the natural gas industry

The Australian Petroleum Production & Exploration Association (APPEA) welcomed Senex’s major expansion of its Atlas and Roma North natural gas developments in Queensland’s Surat Basin, lifting natural gas production to 60 petajoules (PJ) per year.

Búzios field breaks monthly production record

In June this year, Petrobras reached an average monthly production of 616 000 barrels of oil per day (bpd) in the Búzios field, in the pre-salt layer of the Santos Basin.

Azule Energy begins operations

bp and Eni have confirmed that Azule Energy, the new 50/50 independent joint venture combining the two companies’ Angolan businesses, has been officially established.


 

Upcoming oil events

 

SPE ATCE

03 Oct 2022 - 05 Oct 2022

George R. Brown Convention Center, Houston, Texas, United States
 

 

bp to sell interest in bp-Husky Toledo Refinery to Cenovus

Cenovus will pay US$300 million for bp’s stake in the refinery, plus the value of inventory, and take over operations when the transaction closes, which is expected to occur later in 2022. bp and Cenovus will also enter into a multi-year product supply agreement.

 
 
 
 

OceanTools launches new c-level subsea digital display

Building on the success of the DISTIL display and tilt sensor, it has a 300 m depth rated acetal housing with anodized aluminium front plate and acrylic window. The unit has an integral 3.6 Ah rechargeable battery pack, which is ample to power it for a full working day.

 

Upstream news Oil and gas news Upstream new updates Upstream today Upstream magazine Today's upstream news