Upstream news

EM&I have been awarded a contract by a major drilling contractor in the Gulf of Mexico to laser scan the moon pool deck area on an ultra-deepwater drillship.

Origin Energy B2 Pty Ltd., its joint venture partner in the project, has signed a rig contract with Ensign Australia Pty Ltd. for Rig 963 for the 2019 Stage 2 Beetaloo drilling programme.

CGG is extending its Gabon multi-client data footprint with a 9800-km long-offset 2D seismic survey in an unexplored deepwater area of the South Basin.

International energy logistics provider Peterson has been awarded a new long-term integrated logistics contract to service Repsol Sinopec Resources UK.

A report published by Coherent Market Insights shoes that the market is projected to exhibit a CAGR of 13.3% during the forecast period.

Upstream dealmakers start 2019 facing an uphill battle.

Empyrean Energy plc, the oil and gas development company with interests in China, Indonesia and the United States, has announced an independent resource audit of the Mako gas field by Gaffney Cline & Associates.

The company is looking to attract fresh investment to its oil projects in Texas by creating the Helena Security Token (HEST).

The industry achieved a net production increase of 164 billion m3, which represents the highest production growth since 2010, according to research by Rystad Energy.

The licenses provide the groundwork for INPEX’s third and fourth exploration projects in Norway following the company’s acquisition of exploration license PL950 in 2018.