Upstream news
First round of plenary speakers announced for 23rd World Petroleum Congress
The packed programme of the Congress will feature eight high-level plenary sessions across five days, with global leaders from the oil and gas sector now confirmed to speak.
Forum upgrades hyperbaric testing facility
Located at the company’s Kirkbymoorside base in North Yorkshire, UK, the pressure test tank is one of the largest in Europe and provides a well-located facility for the critical testing of subsea equipment.
GlobalData: Shorter-cycle investments, shift to natural gas and adoption of new technologies to characterise oil and gas industry in 2020
As 2019 draws to a close, Anna Belova, Senior Oil and Gas Analyst at leading data and analytics company GlobalData, looks at the key trends that will shape the industry in 2020,.
Significant contract wins result in record year for N-Sea
N-Sea has reported an increase in sales with contract wins with new clients.
DWF: Oversupply of oil and demand for gas expected in 2020
Slava Kiryushin, global head of energy at DWF, highlights the expected trends of 2020 in the global energy sector.
Eni signs Production Sharing Contract for exploration of onshore block in Albania
The Dumre Block covers an area of 587 km2 and is located approximately 40 km south of the capital Tirana, in a “proven” hydrocarbon area with good oil prospectivity.
Opinion Piece: Embracing a new decade of stability and sustainability
Brad Baker, CEO of Tendeka, reflects on the previous year and outlines what 2020 might have in store for the upstream oil and gas industry.
Schlumberger commits to science-based target in emissions reduction
The target will align Schlumberger with the goals of the Paris Agreement to reduce climate change.
Dutch Van Aalst Group officially listed on NPEX stock exchange and financially prepared for the future
The €5 million fixed rate 5-year bond offer was fully subscribed as the offering attracted strong demand from the investors.
Equatorial Guinea anticipates major oil and gas investments in 2020
The country's Ministry of Mines and Hydrocarbons is expecting direct investment of a minimum of US$1.4 billion; a firm US$1.2 billion and a contingent forecast of US$273 million predicted for 2020, associated with the drilling of two wells and the continuous development of six existing wells.