Upstream news

The company’s latest research reveals the top five companies with the greatest ABEX exposure from producing fields in the UK.

Union Jack Oil’s revenue increased by 250% in 2018, standing currently with a cash balance in excess of £2.5 million.

The Lancaster field, offshore the West of Shetlands area, is Hurricane’s most appraised asset, with five wells drilled by the company to date.

SBM Offshore will construct, install and thereafter lease and operate for up to two years the Liza Unity FPSO.

The company's management is aiming to increase sales of its subsea Flow Access Modules by a further 100% over the next two years in line with its international business plan.

The Bristol-headquartered organisation has secured the ISO 9001:2015, ISO 14001:2015 and ISO 45001:2018 accreditations.

Well-SENSE, the well intelligence provider, has launched a new miniature optical gauge.

Tower Resources plc, the AIM-listed oil and gas company with a focus on Africa, has provided an update on its operations on the Thali block in Cameroon.

Geotechnical engineering and offshore drilling company Geoquip Marine has announced the appointment of Jean-Luc Laloe to its board of directors.

Dan Munro, CEO of PJ Valves writes about the benefits of a long-term approach to changing oil prices.