Upstream news

Headquartered in Houston, TX, with plant operations in Pasadena, TX, GBC is a manufacturer of maleic anhydride derivatives and provides a variety of contract manufacturing, warehouse and transportation services for a range of industrial end markets.

Simon Jones, Head of Professional Services, Petrotechnics, explores the overwhelmingly positive views coming from senior industry leaders about the digital horizon.

Oil prices look to remain under pressure, as fears of global oversupply have returned with a vengeance.

Siemens has completed the first phase of its shallow water test of the Subsea Power Grid. The development program was conducted in collaboration with industry partners Chevron, Equinor, ExxonMobil, and Eni Norge.

This FDP is the first phase of a potential wider step-out development moving across the Galeota anticline to fully develop the reserves potential from the large volumes of oil in place (circa 700 million bbls).

The company announced today that it has begun to see natural gas flow to the surface from its shale exploration well at the Preston New Road site.

The vessel, which was named after Istanbul's conqueror Ottoman Sultan Fatih Sultan Mehmet, has sailed off to the Mediterranean to start the country's first deep-sea drilling operations.

Woodside will deploy Halfwave’s ultra-wideband acoustic resonance technology: the two new inspections will be carried out in 2019.

Havyard and Grupo CBO’s good cooperation culminates in a sixth and, so far, final anchor-handling vessel, which has now been handed over to the Brazilian shipping company.

Roy Martin, senior analyst at Wood Mackenzie, comments on the transaction.