Upstream news

The new state-of-the-art facility consolidates office space with warehouse in one location.

The MoU covers several areas such as project financing, funding, and the development of a complete value chain for CO2 handling.

Rovco provided Well-Safe Solutions with field survey operations, to ensure the safe and efficient decommissioning of a platform which ceased production in 2015.

Operations and maintenance (O&M) represented 55% of the total contracts in 4Q22, followed by procurement with 19%, and contracts with multiple scopes, such as construction, design and engineering, installation, O&M, and procurement, accounted for 13%.

The companies have signed a multi-year framework agreement to decommission wells in the North Sea, as part of the decommissioning specialist’s Plug and Abandonment Club offering.

Neptune Energy has welcomed Equinor’s announcement, on behalf of the Snøhvit partnership, to award a major contract for the Snøhvit Future project in Norway to Aibel. ?

The new technology is a result of a collaborative research and development project with Net Zero Technology Centre and Spirit Energy.

The seventh annual Global Energy Talent Index has revealed that the recent gas price crisis has transformed oil and gas into the most popular sector for energy workers to join and has sent salaries soaring above pre-pandemic levels.

New solutions expand on Baker Hughes’ digital ecosystem, providing new levels of efficiency, performance and emissions reduction for oilfield, gas and industrial segments.

The American Petroleum Institute (API) has announced the promotion of Holly Hopkins to Vice President of Upstream Policy.