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Upstream news updates


Wintershall Dea to end Brazil operations

Wintershall Dea holds participating interests in a total of nine exploration licences in Brazil, spread over the Potiguar, Ceará, Campos and Santos basins.

More oil news updates


EIA: crude oil prices to decline

Persistent withdrawals from global oil inventories have led to increases in crude oil prices, but the EIA forecasts that global oil markets will begin to balance through 2023, leading to a drop in prices.


Pulling the plug on out-dated pipeline integrity knowledge sharing

Euan Fowler, Principal Subsea Engineer, Xodus, explores an integrity management web-based software platform that effectively pulls together all operator information around pipeline inspection, maintenance and repair activities in one shared location.


McDermott awarded Scarborough and North Field East contracts

McDermott has been contracted for EPCIC services for a Floating Production Unit at Woodside's Scarborough project. The company will also deliver EPCI for the North Field East Topsides and the North Field East Offshore Pipelines and Subsea Cables projects offshore Qatar.