Upstream news

Compared to 2016, the company’s North Sea business grew an unprecedented 60% – far exceeding the regional target for the period.

New location places NES at the centre of Permian Basin employment activity.

SBM Offshore has announced that the first steel cut for the hull of its standardised Fast4Ward FPSO took place at the SWS yard in Shanghai, China on Friday March 23, 2018.

The Oil & Gas Innovation Centre (OGIC) has invested more than £300 000 into three new projects which have the potential to cut operational costs and improve efficiency in the oil and gas industry.

SDX Energy Inc., the North Africa focused oil and gas company, has announced its financial and operating results for the three months and year ended 31 December, 2017.

UK Oil & Gas Investments PLC (UKOG) has announced that it has been informed by Horse Hill Developments Ltd (HHDL) that it has now received final decision notices from Surrey County Council (SCC), discharging all of the pre-commencement conditions.

Collaboration is key to unlocking stranded five million bbl North Sea oilfield.

The nomination should be effective at the end of the annual general meeting to be held on April 26, 2018.

The growth has been driven by the continued rise in the number of wells drilled in the region.

An average Capex of US$3.0 billion per year would be spent on eight oil and gas fields in Mozambique between 2018 and 2020.