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Upstream news updates


BP reports profit in 3Q20

BP reported a US$86 million underlying replacement cost profit for the three months to 30 September.

Seismic consortium awarded contract by Petronas

A seismic consortium comprising PGS, TGS and WesternGeco has been awarded a multi-year contract by Petronas to acquire and process multi-sensor multi-client 3D data in the Sarawak Basin.

More oil news updates


API publishes new offshore crane safety standards

The API has a published a suite of standards developed to support proper construction, safe operation and maintenance of offshore pedestal-mounted cranes for natural gas and oil platforms, as well as training for offshore crane operators.