Upstream news
Gilmore appoints CEO to lead expansion plans
Gilmore, a provider of flow control solutions, has appointed David Nemetz as its new CEO.
ChampionX and Azerbaijan Chemical Society deliver webinars on oilfield problems and chemical solutions
Azerbaijan State Oil and Industry University’s SPE (Society of Petroleum Engineers) Chapter students are being offered training to help bridge the gap between the knowledge gained at university and in-house industry experience.
JDR wins subsea tieback work in Malaysia
JDR will manufacture and supply a 2.7 km long subsea production umbilical for the Ledang Redevelopment Segment 2 project, offshore Malaysia.
Energean to go ahead with subsea project offshore Egypt
A Final Investment Decision has been taken on the North El Amriya and North Idkunea (NEA/NI) concession subsea tieback project.
API congratulates President Biden on inauguration
API has issued a statement confirming that it stands ready to work with President Joe Biden and his administration.
Oil prices up on new US era enthusiasm and crude stocks relief expectations
Oil prices have risen on enthusiasm about a new policy era in the US and on anticipation for a decline in crude inventories.
IEA revises downwards 2021 oil demand
The IEA has revised down its forecast for global oil demand by 0.6 million bpd for 1Q21 and 0.3 million bpd for 2021 as a whole.
Deep Casing Tools secures new investment
Oil and gas technology development company Deep Casing Tools has secured investment of £1.6 million from Scottish Enterprise and its long-term backer, EV Private Equity.
Subsea UK survey reveals improved outlook for UK’s underwater engineering industry
The survey indicates less anticipated redundancies and greater optimism about the next six to twelve months within Subsea UK's members.
Wood Mackenzie assesses what Biden administration means for China and Asia Pacific
As Joe Biden’s inauguration approaches, Wood Mackenzie experts share how his administration could impact trade, climate change goals, and changes to the energy sector in Asia Pacific.