Upstream news

Orrick advised Statoil on its acquisition with Cobalt International Energy’s 60% operated interest in the North Platte discovery in the US Gulf of Mexico.

Petro Rio S.A. has initiated the second phase of its revitalisation plan for the Polvo Field.

BP has committed to two new North Sea developments which are expected to produce 30 000 boepd at peak production.

Hurricane Energy plc, the UK based oil and gas company focused on hydrocarbon resources in naturally fractured basement reservoirs, announces its final audited results for the year ended 31 December 2017.

Arundo Analytics have announced a partnership with integrated global provider of subsea services Acteon Group, to deliver machine learning models for subsea applications on the Arundo Enterprise platform.

Ulterra's SplitBlade™ design improves cuttings evacuation as much as 200% faster than conventional PDC bits.

Challenging conditions drives demand for new Churchill technology in Norwegian sector. Technology will be showcased SPE International one-day seminar, Bergen on 18 April 2018.

Statoil and Total have completed their acquisition of Cobalt International Energy’s 60% operated interest in the North Platte discovery in the US Gulf of Mexico for an aggregate purchase price of US$339 million.

Xodus Group’s Perth office has won more than A$3.5 million (£2 million) in new contracts over the last six months.

India’s national oil company selects Cosasco to deliver integrated corrosion monitoring system.