Upstream news

This comes after the results from the Republic of Congo’s first licensing round, with the award of blocks to Kosmos Energy and Perenco, and the provisional attribution of a block to Total.

The London-listed company gears up to a year of promising prospects in two assets of their portfolio.

Stress Engineering Services, Inc., (SES) a leader in consulting engineering services, has achieved an American Bureau of Shipping (ABS) Recognized Specialist certification for its condition based monitoring (CBM) services.

On the upstream front, Petrobras leads among companies with CAPEX of US$36.9 billion to be spent on 28 planned and announced upstream projects in South America.

The Verdantix ORM Green Quadrant report follows Sphera’s recent acquisition of Petrotechnics to enhance its end-to-end Operational Risk solution. The report highlights the strength of the now combined offering.

Block Energy Plc, the exploration and production company focused on the Republic of Georgia, is pleased to announce that sidetracking operations from the existing 16a wellbore ('16a' or 'the Well') on the West Rustavi field ('West Rustavi') have commenced.

Leading independent provider of subsea equipment rental, sales and services to the offshore industry Ashtead Technology, has today (23 January, 2019) announced that it has entered into a global strategic partnership with 4Subsea.

Greater investment is expected to fuel oil and gas industry growth in 2019, but signs of old spending habits may be resurfacing.

All 5 large PSVs wholly owned by SDSD are currently working on term contracts.

The company has reached agreement to acquire stakes in the Chevron operated Sarta and Qara Dagh blocks, in the Kurdistan Region of Iraq.