Upstream news
In the cold with cutting-edge consumables
Connor Docherty, SPM Oil & Gas, a Caterpillar company, highlights advances in durable pump consumables and how they promote greater operational efficiency.
EIA: Argentina’s crude oil and natural gas production near record highs
The US Energy Information Administration has reported that from January 2021 through September 2024, crude oil production in Argentina increased by 50%, and natural gas production rose by 27%, lifting output of both fuels near the records set in the early 2000s.
Asia Pacific’s transforming energy landscape
Golak Patnaik, Principal Analyst, Asia Pacific Upstream Research, Wood Mackenzie, looks back at 2024’s upstream highlights for the Asia Pacific region, revealing the distinct dynamics at play in its varied oil and gas markets.
New oil and gas discovery near the Troll field in the North Sea
Equinor has made a discovery 17 km west of the Troll field in the North Sea. The discovery is currently estimated at 2 – 12 million boe.
Brand announces 6-year extension with NAM Offshore B.V. with an option for another 4 years
Brand Energy & Infrastructure Services by BrandSafway will provide advanced access and maintenance services, to continue the 55 year partnership with NAM.
EnerMech secures extension for crane maintenance in Australia
EnerMech secures extension for long-standing crane maintenance partnership in Australia.
DNO farms into Mistral exploration well through Horatio swap
The Mistral prospect is located just south of the Åsgard area in the Norwegian Sea.
Wood Mackenzie comments on the Woodside Chevron agreement
Andrew Harwood, Vice President of Research, Upstream and Carbon Management at Wood Mackenzie shares a perspective on the recent agreement between Woodside and Chevron.
Woodside and Chevron agree to asset swap
Woodside simplifies portfolio and unlocks long-term value.
Transocean Ltd. announces US$111 million ultra-deepwater drillship contract
Transocean Ltd. has announced that a four-well option was exercised for the Dhirubhai Deepwater KG1 with Reliance Industries Limited in India.