Upstream news

Reach Subsea has been awarded a Frame Agreement for Inspection, Maintenance and Repair (IMR) services to Statoil Petroleum.

MODEC, Mitsui, MOL, Marubeni and Mitsui E&S are all involved in the project.

A report into UK oil and gas workforce dynamics launched today indicates that more than 40 000 new people will need to be recruited into the industry over the next 20 years.

Phases I and II of Coyanosa acquisition complete; data ready for processing.

Maritime Developments has won a flex lay contract on a major gas field in the Mediterranean Sea.

SDX Energy Inc., the North Africa focused oil and gas company, has announced that a conventional natural gas discovery has been made at its LMS-1 exploration well on the Lalla Mimouna permit in Morocco (SDX 75 %).

New technology improves asset inspection efficiency and reduces costs.

International Frontier Resources Corporation in partnership with Mexican petrochemical leader Grupo IDESA, has announced that Tonalli Energia has registered and been granted access to the data room for the second tender of Round Three (Round 3.2) of Mexico’s oil and gas energy reform by the National Hydrocarbons Commission (CNH).

New clamp technology has been developed by RED Engineering to improve subsea well intervention operations.

The company has also announced the retirement of Mr Andrew Szescila from the company's Board of Directors, following more than twenty years of dedicated service to the company.