Upstream news

The company has announced that it has entered into a collaboration agreement with Marnavi Offshore.

Wood has won a prestigious award for its pioneering role in exporting engineering expertise to China. The company was named Scottish Exporter to China of the Year at the China-Scotland Business Awards 2019.

As part of the agreement, Unique Group will design, manufacture and deliver Classed Air and Saturation Dive systems for integration on POSH’s vessels.

CNOOC Ltd announced its strategic plan for 2019, setting a bullish tone for the rest of the Chinese national oil companies to follow. Wood Mackenzie's senior analyst Maxim Petrov shares his views.

In a major shift, the United States is set to produce more oil and liquids than Russia and Saudi Arabia combined by 2025.

StimPlan is a complete and integrated software solution for hydraulic fracture design, analysis and optimisation.

Total’s Egina field, located 150 km (93 mi) off Port Harcourt, kicked into production just as 2018 was winding to a close.

The company has announced the significant contract award by BP Trinidad & Tobago, LLC.

The company has launched a new production well in the Vandumbu field, about 350 km north-west of Luanda and 130 km west of Soyo, in the West Hub of Block 15/06, in Angola’s offshore.

Contracts for the Voyager Explorer and the Osprey Explorer have been extended.