Upstream news

Centrium Energy Solutions, an oil and gas chemical supplier, has announced it has developed a domestic distribution model that solves critical challenges in sourcing, logistics and performance.

Hunting PLC, the precision engineering group, has announced the acquisition of the Organic Oil Recovery (OOR) technology from its founding shareholders, for a consideration of US$17.5 million.

Equinor and its partners, Okea and Pandion Energy, have proven gas and condensate in the Mistral Sør exploration well in the Halten area, situated in the southern part of the Norwegian Sea.

Fluor has announced that it successfully led a joint venture that supported the completion and startup of Tengizchevroil’s (TCO) Future Growth Project (FGP) at the Tengiz oilfield in Kazakhstan.

Valeura Energy Inc. has announced the successful completion of an infill drilling campaign at the Manora field in Licence G1/48 (70% operated working interest), offshore Gulf of Thailand.

The decline in drilling rigs coincides with record-low natural gas prices for most of 2024 and the wider adoption of advanced drilling and completion technologies.

Global energy technology company SLB has launched EWC™ electric well control technologies.

J. Andres Chavarria, Luna Innovations – OptaSense, USA, and Veronique Mahue, Silixa – a Luna company, UK, present an outline of available analysis tools to assess conditions in producing wells.

Vroozi, the procure-to-pay platform, has announced that Thomas Oilfield has launched a new business division, Thomas Supply, built on Vroozi's P2P solution.

Expro, a provider of energy services has been awarded major contracts from OMV Petrom, totalling more than US$10 million for the Neptun Deep gas project in the Black Sea.