Skip to main content

Upstream news updates


Welltec awarded intervention deal with Petronas

The agreement, which officially commenced on 1 April, appoints Welltec as the sole provider of downhole conveyance and powered mechanical services to Petronas in both East and West regions of Malaysia.

Petrofac receives contract extension with NEO Energy

The extension, awarded eight months ahead of the renewal date, takes Petrofac’s contract for operations, maintenance, engineering and construction support for NEO Energy’s UK activities, through to December 2022.

More oil news updates


Final agreements for Lake Albert project signed

The Lake Albert development encompasses the Tilenga and Kingfisher upstream oil projects in Uganda and the construction of the East African Crude Oil Pipeline (EACOP) in Uganda and Tanzania.