Upstream news
GlobalData: Susquehanna county drives natural gas production in Marcellus Shale in US
Located in close proximity to the major industrial hubs on the US East Coast, Marcellus and Utica shale plays in the Appalachian basin have witnessed steady natural gas production growth over the last five-six years.
Equinor discovers further oil in Oseberg field
Recoverable resources are estimated at 22 million bbl of oil.
Anglo African Oil & Gas proposes fundraise to re-enter Tilapia field
The company is aiming to raise up to £8.25 million through the issuance of new ordinary shares.
Sparrows Group secures rigging maintenance contract in Qatar
The four-year contract includes the provision of services for the refurbishment, repair, load test and recertification of rigging lofts and contents.
ExxonMobil, Total, Chevron and Kosmos Energy recognised at Wood Mackenzie's Exploration Awards ceremony
The second Wood Mackenzie Exploration Awards ceremony was held in June this year.
Severn firesafe valves reduce corrosion risk for offshore oil and gas operators
The OCT®SW was driven by market feedback from offshore oil and gas operators in relation to seawater service valves used for fire safety.
Expro acquires technology company Quality Intervention
Quality Intervention was founded in 2008 and provides a portfolio of products and service, including coiled tubing technology , annular integrity technology and in-situ wellhead remediation tooling.
Drilling Systems to provide simulation systems for Nabors' Kazakhstan centre
The technology from Drilling Systems mirrors the environment of a working onshore rig, enabling the simulation of various operational scenarios in a controlled atmosphere, including stuck-pipe and well-control incidents.
FourPhase enters US market
Norwegian based oil and gas solids solutions firm FourPhase is to install a sand management system for an offshore platform in the Gulf of Mexico for a trial period.
Brazil leads global offshore crude and condensate production from new-build projects in 2025, says GlobalData
Brazil alone is expected to contribute around 18% or 1455 thousand bpd of global crude oil and condensate production from key offshore planned and announced projects (new-build projects) in 2025.