Upstream news

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.

The conversion of licensing option 16/27 to frontier exploration licence 2/19 has been approved.

Innovative solutions for high-integrity sealing applications developed by Trelleborg Sealing Solutions are to be showcased at the world’s largest annual subsea exhibition and conference next month.

22-24 January 2019 in Sugar Land, Texas at the Sugar Land Marriott Town Square, attendees will benefit from 10 years of hard-won lessons by a community of dedicated oil and gas professionals.