Upstream news
OSEA 2018: artificial intelligence, blockchain, and more
OSEA2018 Conference speaker, Harshit Sharma, Lux Research shares his insight on four key technologies playing a significant role in the digital transformation of oil and gas.
IFR provides Tecolutla production update – new horizontal set to drill
At Tecolutla, Tonalli started its second test period of the TEC-10 producing well on Sept. 20, 2018 as part of its approved evaluation plan.
Halliburton releases intelligent drill bit to optimise drilling performance
Improved data-capturing system increases efficiency and reduces costs.
Baker Botts represents BHP Billiton in closing their sale of onshore US assets
The closing of this sale, together with the closing of the Fayetteville transaction on September 28, 2018 with Merit, represents a complete exit for BHP from the US onshore shale market.
Oilfield Helping Hands to partner with BJ Services
Oilfield Helping Hands (OHH), a non-profit organisation that helps oilfield families in financial crisis, announces a new partnership with BJ Services’ Team BJ Foundation.
Aker BP granted drilling permit for well 24/9-13 in production licence 869
The well will be drilled from the Scarabeo 8 drilling facility.
Eastern Mediterranean gas discoveries provide boost for industry
Recent developments and discoveries in the offshore Eastern Mediterranean gas industry, specifically the Levant Basin, are providing significant opportunities for companies that can offer products capable of withstanding harsh environments.
3T Energy Group acquires Survivex to fuel global growth
This acquisition strengthens 3T Energy Group’s global offering and is part of its strategy to transform the training sector with technology to enable people and companies to work safer, smarter and more efficiently.
TechnipFMC signs major contract with MIDOR for their refinery expansion and modernisation in Egypt
The company has signed a major Engineering, Procurement, and Construction contract by Middle East Oil Refinery for the modernisation and expansion of their existing complex near Alexandria, Egypt.
GlobalData: Equinor ASA tops European projects investment list with US$12.4 billion estimated capex spend to 2025
GlobalData’s latest report, ‘Top Oil and Gas Companies Planned Projects and Capital Expenditure Outlook in Europe – Equinor Leads Capital Spending Across Oil and Gas Value Chain’, reveals that Equinor ASA tops the companies European spend list.