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Home/News/Upstream news

Upstream news

Browse the latest upstream news news and articles.

Rawson Oil and Gas signs Gas sale MOU with Weston Energy
16 Jul 20183 min read

Rawson Oil and Gas signs Gas sale MOU with Weston Energy

The MOU represents a significant step towards signing a binding GSA between the two parties and covers the purchasing by Weston Energy of up to 4 PJ of gas per year for a period of five years.

Kreuz Subsea completes executive team with CFO appointment
16 Jul 20182 min read

Kreuz Subsea completes executive team with CFO appointment

Global integrated subsea services business, Kreuz Subsea, has announced the appointment of Thomas Liew as the group’s chief financial officer.

Total closes the acquisition of Engie’s upstream LNG business
16 Jul 20182 min read

Total closes the acquisition of Engie’s upstream LNG business

Additional payments of up to US$550 million could be payable by Total in case of an improvement in the oil markets in the coming years.

Maersk Drilling secures two contract extensions in the North Sea
16 Jul 20182 min read

Maersk Drilling secures two contract extensions in the North Sea

Maersk Drilling has been awarded contract extensions for the high-efficiency jack-up rigs Maersk Resolute and Maersk Resolve by Petrogas E&P Netherlands B.V. and Wintershall Noordzee B.V., respectively.

Oil & Gas Innovation Centre supports 75th project
16 Jul 20183 min read

Oil & Gas Innovation Centre supports 75th project

The latest project comes as OGIC finalises agreements on five new technologies, all of which have the potential to cut operational costs and improve efficiency in the oil and gas industry.

Kvaerner awarded additional scope at Njord A
13 Jul 20181 min read

Kvaerner awarded additional scope at Njord A

Equinor has awarded Kvaerner an additional scope at Njord A to enable the platform to receive oil from the Fenja field. The additional scope has an estimated value of approximately NOK 500 million.

Providence Resources completes farmout of FEL 2/14 to Total
13 Jul 20181 min read

Providence Resources completes farmout of FEL 2/14 to Total

Providence Resources P.l.c., the Irish based Oil and Gas Exploration Company, provides a Licence Update on Frontier Exploration Licence (FEL) 2/14.

Audit of ConocoPhillips – Ekofisk X
13 Jul 20181 min read

Audit of ConocoPhillips – Ekofisk X

From 25 to 26 April and from 7 to 10 May 2018, the Petroleum Safety Authority carried out an audit of ConocoPhillips' planning and execution of drilling and well operations at Ekofisk X.

Carnarvon announces elevated gas readings at the Dorado-1 well
13 Jul 20182 min read

Carnarvon announces elevated gas readings at the Dorado-1 well

Carnarvon Petroleum Limited has provided the following update on the drilling of the Dorado-1 well.

Cub Energy Inc. announces results of NY-3 well and recompletion of O-9 well in Eastern Ukraine
13 Jul 20182 min read

Cub Energy Inc. announces results of NY-3 well and recompletion of O-9 well in Eastern Ukraine

Cub Energy Inc., a Ukraine-focused upstream oil and gas company, announces that KUB-Gas LLC, Cub’s 35%-owned subsidiary which owns and operates the eastern Ukraine licenses, announces results of two recent operations.

DILLIMAX for XXXL lifting equipment
13 Jul 20189 min read

DILLIMAX for XXXL lifting equipment

Dillinger has expanded its format range for plates of unparalleled thicknesses and quality. Thermo-mechanically rolled plates in DI-MC branded grades S355 and S460 are now also available in thicknesses of up to 150 mm.

Oil demand ‘under threat’ from Trump trade war – Cantor Fitzgerald Europe
13 Jul 20182 min read

Oil demand ‘under threat’ from Trump trade war – Cantor Fitzgerald Europe

Jack Allardyce, oil and gas research analyst at Cantor Fitzgerald Europe, comments on the impact of the trade war on oil demand.

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