Upstream news

Tata Steel has announced its ambition to become a carbon neutral producer of steel to the oil and gas industry from 2050.

Well construction specialist, DeltaTek Global, has announced the inaugural deployment of its SeaCure technology.

The scope of work includes project management consultancy (PMC) services for the development which comprises four new artificial islands and the associated drilling, production, utilities and infield pipeline facilities.

The company has entered into a contract for the CSV “Normand Pioneer” with Queiroz Galvão Exploração e Produção S.A in Brazil.

The companies have signed a concession agreement to launch an unconventional gas exploration programme in the high potential Diyab play.

The company has announced that the Mist jack-up rig has commenced drilling of the Montha-1 exploration well in the G10/48 contract area in the Gulf of Thailand.

Nour is a block located in the prolific East Nile Delta Basin of the Mediterranean Sea, approximately 50 km offshore in the Eastern Mediterranean.

During the ceremony, Total also announced the continuation of its development programme in the country, following on from the launch of the Zinia 2 project in May.

Given the recent pick up in capital spending after years of deep cuts, Apex Consulting has updated its Supermajors Cost Index to determine how the industry has performed in developing its reserves in recent years.

Wood Mackenzie's senior consultant, Wen Wang, explains how new policies and ramped up domestic production will prevent regional gas shortages.