Upstream news

According to the company, upstream oil and gas companies made big strides in 2022, restoring confidence and repairing balance sheets.

In 2023 the company plans to participate in 25 exploration wells, most of them around existing infrastructure.

The companies have announced their partnership to bring high horsepower, lower emissions technology to hydraulic fracturing.

The systems will be deployed across two of OceanPact’s vessels to support inspection, repair and maintenance services for Petrobras' oilfields.

The project, supported by industry funding, is expected to complete by the end of 2023, with fast-track products available by June.

This contract represents a renewal of the first five-year framework agreement that was awarded to Technip Energies by KOC i

Production from the Njord field in the Norwegian Sea has resumed, following an upgrading project in which both the platform and the floating storage and offloading vessel (FSO) were brought ashore.

APPEA has said that the government’s heavy-handed reforms introduced without proper consultation had, in less than a week, dealt a blow to new east coast domestic gas supply and future energy security.

The MOU aims to strengthen mutual cooperation to help enhance operational performance across North American natural gas and oil operations.

The Gjøa field in the North Sea, operated by Neptune, is already powered by hydroelectricity, generated onshore.