Upstream news
BHGE introduces low-pressure-impact drilling fluid
Baker Hughes, a GE company, has announced the introduction of its DELTA-TEQ™ low-pressure-impact drilling fluid.
Rystad Energy ranks the cheapest sources of supply in the oil industry
In a major turnaround, North American tight oil is emerging as the second cheapest source of new oil volumes globally, just shy of the Middle East onshore market.
Caspian Sunrise gives update on BNG Contract Area, Kazakhstan
The board of Caspian Sunrise has provided an update on developments at its flagship BNG Contract Area.
Rystad Energy predicts offshore has tremendous room for growth
Rystad Energy, the independent energy research and consultancy, has analysed the historic investments and oilfield service purchases of the world’s 50 000 oil and gas fields.
ExxonMobil to proceed with Liza Phase 2 development offshore Guyana
ExxonMobil has said that it has funded the Liza Phase 2 development offshore Guyana after it received government and regulatory approvals.
Shell appoints BMT offshore Malaysia
Sabah Shell Petroleum Company Ltd, a subsidiary of Royal Dutch Shell, has signed an offshore master service agreement (MSA) with BMT.
A boost for peace with new petroleum agreement between South Sudan and South Africa
This landmark oil deal marks yet another achievement for Africa’s growing energy investments and will provide further boost to South Sudan’s economic revival.
Schlumberger introduces continuous resistivity look-ahead-while-drilling service
IriSphere look-ahead-while-drilling service reduces drilling risks and improves efficiency by providing data ahead of the bit in real time.
Update on Angus Energy’s operations at its Brockham well site
The BRX4Z sidetrack at Angus Energy’s Brockham well site has been successfully re-perforated.
API endorses revisions to Well Control Rule
The industry body said that the revisions to the Bureau of Safety and Environmental Enforcement Well Control Rule promote safe offshore operations.