Upstream news

The new company seeks to increase Wintershall’s and DEA’s joint average daily production by around 40% between 2021 and 2023.

UK and Netherlands-based subsea provider N-Sea has announced that it has been awarded two new contracts.

Clean CCS EBITDA rose by 16% in the last quarter compared with Q4 2017 resulting in an EBITDA of US$2.69 billion for 2018.

Equinor sold natural gas for around US$26 billion in total in 2018, an increase of 29% from 2017.

Successive changes to Romania’s regulatory framework governing the oil and gas sector have made for an uncertain investment climate, according to GlobalData.

Intellectual property violation centred on tubular running mechanisation.

A surge in final investment decisions (FIDs) this year on new petroleum projects worldwide could see sanctioned volumes of oil and gas – excluding shale and tight oil and gas prospects – nearly triple compared to last year’s tally.

The company has completed the previously announced acquisition of the 6% shareholding in Horse Hill Developments Ltd from Doriemus PLC.

The survey will be carried out in the Campos Basin in Brazil.

Neptune Energy and Sonatrach have announced that first gas has gone in to the Touat project in Algeria as part of project commissioning.