Upstream news
geoLOGIC systems introduces version 8.8 of geoSCOUT
geoSCOUT is a complete solution that helps oil & gas professionals track activity, assess opportunities, optimise wells and manage both conventional and unconventional reservoirs.
CMHI awards Huisman contract for engineering and fabrication of drilling system
This drilling system will be used for oil and gas drilling activities in shallow to medium water depths all around Asia, particularly the South China Sea.
EM&I completes purchase of Stantec
This acquisition is strategically important to EM&I's growth plans.
UTEC strengthens its rapidly growing Middle East operations with key appointment
The company has appointed Nadir Rahmatullah as the commercial and strategy director of its Middle East and Caspian operations.
Prospex Oil and Gas Plc: first gas production in Romania
Gas from the field is sold into the national grid run by Transgaz at the Romanian market prices of circa €6/thousand m3.
The digital oilfield could be a step closer as new technology projects get support from OGIC
The Oil & Gas Innovation Centre (OGIC) is supporting three new research projects centred on how digitalisation can improve efficiency and provide cost savings to the oil and gas industry.
US Department of Energy authorises short term natural gas exports
In February, US crude oil production exceeded that of Saudi Arabia for the first time in more than two decades. In June and August, the US surpassed Russia in crude oil production for the first time since February 1999.
RDS Appoints Head of Brownfield
The company has announced the appointment of Daniel McAteer as its Head of Brownfield.
OMV turns focus to Southeast Asia with acquisition of Sapura Upstream
Jonathan Markham, Oil & Gas Analyst at GlobalData, offers his view on the key aspects of this transaction.
OPEC monthly oil report: market highlights
Highlights include crude oil price movements, world oil supply and stock movements.