Skip to main content

Upstream news

VesselsValue: US$10 Billion spent on newbuilds in H1 2018

The enthusiasm for newbuild orders across most shipping markets has started to wane after over US$10 billion were committed in Q1 2018. The total committed to new deliveries is now the lowest since the start of 2016.

 
 

AlMansoori delivers facilities for Kenya's first oil wells

The US$15 million contract with Tullow Oil, part of Kenya’s EOPS, included the provision of degassing facilities for three well pads and an early production facility (EPF) for oil and water separation, stabilisation, storage and export.

 
 
 
 
 

Hurricane Energy provides update on Lancaster field EPS

Hurricane Energy plc, the UK based oil and gas company focused on hydrocarbon resources in naturally fractured basement reservoirs, has provided an operational update in relation to the Early Production System development of the Lancaster Field.