Upstream news
Emerson and Metrol launch the Intelligent Multistage Completion Network™
The IMCN is an integrated upper and lower completions downhole solution that communicates wirelessly with instruments at the reservoir sandface.
Wood Mackenzie: Southeast Asian upstream M&A could hit US$14 billion
According to a new report by Wood Mackenzie, Southeast Asia could take centre stage in the region's upstream M&A activity in 2019, with up to US$14 billion worth of assets potentially switching hands.
Shell announces deepwater discovery in Gulf of Mexico
Evaluation of the discovery at the Blacktip prospect is ongoing, and appraisal planning is underway.
Occidental Energy makes proposal to acquire Anadarko
The company delivered a letter to Anadarko’s Board of Directors today, setting forth the terms of the proposal.
KCA Deutag awarded four-year drilling contract extension on North Sea platform
The company’s offshore business unit has been awarded an extension to its existing contract with CNOOC Petroleum Europe Limited for the Scott platform.
Emerson announces enhancements to Mimic™ Simulation Software
Enhancements to Mimic™ Simulation Software make it possible to simulate new process reactions and enhance safety checks for plant personnel training.
Oil and gas logistics expert warns permanent customs union alone would not mean frictionless post-Brexit trade with EU
Adam Johnson, director of Leeds-based Tudor International Freight, was commenting on what is believed to be the central trade-related demand of Labour party leaders in their current talks with the government aimed at breaking the parliamentary Brexit impasse.
Rystad Energy update: Iraqi gas production set to triple
For the world’s fourth largest crude producer, natural gas is about to take pole position.
Energy businesses vulnerable to cybersecurity risks by failing to secure their Industrial IoT deployments
According to a new study, three-quarters of companies agree that they must strengthen their cyber defence capabilities, but say they lack the skills and technology.
GlobalData: ConocoPhillips asset acquisition set to make Chrysaor the leader in UK oil and gas production
Daniel Rogers, Upstream Oil & Gas Analyst at GlobalData, estimates that Chrysaor will become a leader in UK oil and gas production and offers his insight on the transaction.