Upstream news

The three-year donation provides students at Universiti Teknologi PETRONAS access to Halliburton Landmark’s DecisionSpace® suite of exploration and production software.

Diversification, decarbonisation and digitalisation are set to define the future of the UK's oilfield services sector, according to the latest EY UK Energy Services overview.

Gerardo Munoz, Sr. Product Specialist, AspenTech, explains why many organisations in the oil and gas industry cannot afford to let the opportunity to adopt hybrid modelling pass them by.

The new alliance creates a full service offering for the riserless and riser-based well intervention and P&A markets.

The facility will provide simulations which re-create conditions within production and injection wells that will assist clients to not only maximise the absolute recovery, but increase the economic recovery of a field.

The project will see the partnership provide evidence-based analysis into the current oil and gas skills training of Mozambican Technical and Vocational Education and Training (TVET) institutions and compare this to international standards to identify any existing gaps.

Under the theme of Innovative Energy Solutions, delegates to the event can expect a packed four-day programme with over 500 expert speakers sharing their insights into current industry trends, as well as creative solutions and best practices to address industry challenges.

OGUK has stated that securing and sustaining investment in the sector is now critical to help the UK quickly realise a net-zero future.

Samotics, a provider of AI-driven predictive analytics, has appointed Jeroen van der Veer as an advisor.

Oil prices are declining today as the market fears crude stock levels in the US could rise again and as the speed of the global oil demand recovery is under threat amid Covid-19 vaccination campaign setbacks.