Upstream news

Will Scargill, Senior Oil & Gas Analyst at GlobalData, offers his view on the prospects for the sector.

Maersk Drilling AS and the Maersk Intrepid rig have been awarded a 5-month contract for operational support on the Martin Linge field.

The company commissioned the fifth well at the second development stage of the Vladimir Filanovsky field in the Caspian Sea.

Fairfield Betula Limited has awarded Solstad Offshore ASA long-term contracts for two Platform Supply Vessels, ‘Far Symphony’ and ‘Normand Aurora’ in the UK Sector, North Sea.

100 million bpd historic consumption milestone to be achieved by the end of the year as high-growth Asian economies fuel demand.

BHGE will work with the AFRC’s team of engineers and researchers to improve its manufacturing processes and delivery of services.

A leading oil and gas sector logistics expert has warned businesses trading with the EU to brace themselves for a period of disruption if the UK leaves the bloc without a withdrawal agreement.

Russia also has the highest new build capital expenditure (Capex) of around US$78.8 billion for the 2018 - 2022 period.

TGS and Schlumberger today announced a new multiclient nodal seismic project in the US Gulf of Mexico.

The company has announced that Woodside Energy Ltd has awarded KBR the Concept Definition engineering contract for the two gas FPSO facilities for the proposed Browse to North West Shelf Development, located offshore Western Australia.