Upstream news

This sale completion transfers control of SPEX from Shell to Prime Infra effective November 1, 2022. SPEX staff will continue their employment under the new ownership.

Eni has been working with the ‘Ionic Liquids Group’ at the University of Pisa for several years to develop innovative solutions in areas including the extraction of bio-oil from algal mass, the treatment of sulphur, and advanced algorithms for subsurface analysis.

Rough is operating at around 20% of its previous capacity this winter, immediately making it the UK’s largest gas storage site once again and adding 50% to the UK’s gas storage volume.

Third quarter production grew to approximately 360 000 bpd with 1 million bpd targeted by 2030.

The companies aim to provide valuable real-time data about machine oil quality in order to improve machine performance in the field.

Each custom-designed pump is powered by an electric drive motor to create an environmentally sustainable frac unit.

Comprehensive analysis calculates 125 000 undeveloped drilling locations amounting to 60 billion bbl of untapped oil and 320 Tcf of undeveloped natural gas.

AGR, a multi-disciplinary engineering consultancy and software provider, is to expand and grow its range of services with the opening of an office in Oslo, Norway, to meet increased demand from new projects coming online in the oil and gas and renewables sectors.

Chinese governmental bodies reviewed the discovery and certified the proven in-place of natural gas and condensate oil at over 50 billion cubic metres and 3 million cubic metres respectively.

Over 80% of the contract value will flow back into the UAE’s economy under ADNOC’s in-country value programme.