Upstream news

AGDC tops the list with capex of US$37.3 billion followed by Canada Stewart Energy and NextDecade Corp with capex of US$30.3 billion and US$28.4 billion, respectively.

Paradigm Group BV has announced that it has formed a new company undertaking the staff and assets of Paradigm Flow Services, which was put into administration on 28 December 2018.

The purchase orders, the largest of which originates from a key Gulf Coast customer of Orbital’s with the balance secured from a second Gulf Coast energy operator, comprise custom analytical integration systems for two new fractionation units.

Research Director, Angus Rodger, provides insight on a of UK-listed Ophir Energy by Indonesia's Medco Energi.

Highlands has announced that its operating partner has successfully concluded completion operations for the six new wells at the East Denver Project and flowback has commenced from three of those six.

“2018 has been a record-setting year on many fronts,” said CEO Jan van der Tempel. “With our fleet back to full operational strength, we have seen moments of near full utilisation.”

Jack Allardyce, oil and gas research analyst at Cantor Fitzgerald Europe, gives his thoughts on expected oil growth for next year.

Hyundai Mipo Dockyard contracts with MacGregor to deliver a further 8 complete hatch cover sets.

Russia accounts for more than 90% of the proposed capital expenditure (capex) on planned and announced crude and natural gas projects in the Former Soviet Union (FSU) over the period 2018 - 2025, according to GlobalData.

According to ESAI Energy’s recent North America Watch, local refinery demand for light sweet crude will remain unchanged, so these new flows will double the surplus crude available for export.