Upstream news

Headquartered in Houston, USA, Benthic adds deepwater and ultra-deepwater surveying capabilities to Acteon through its portable remotely operated drill (PROD) technology.

The new location will also offer a hub facility for the company’s expanded field service and parts stocking capabilities in the region.

Borets, a leader in the engineering, manufacturing, sales and service of electric submersible pump (ESP) systems, has successfully installed its 250th permanent magnet motor (PMM) ESP system in the US.

The well is being completed as a producer in the Vivian formation in the northern portion of the Bretaña structure.

The companies have agreed to create FASTSubsea to help operators increase oil recovery in a fast-er, simpler and more environmentally friendly way.

BP has awarded KBR's UK operating subsidiary the Pre-FEED Services contract for Phases 2 and 3 of BP's Greater Tortue Ahmeyim project.

Forum Subsea Technologies has launched the latest version of its VMAX simulator to integrate with its next generation of electric remotely operated vehicles (eROV).

Acquisition of CGG’s 9800 km long-offset broadband 2D multi-client seismic survey in the highly prospective Gabon South Basin has been completed.

Saudi Aramco’s plans to raise US$10 billion in bonds to finance the acquisition of Saudi petrochemicals group Sabic indicates a major shift in the Kingdom of Saudi Arabia, according to Rystad Energy’s Head of Analysis Per Magnus Nysveen.

Company to share industry expertise and deliver hands-on experience to ASOIU.