Upstream news

Taking place at the AECC on Wednesday 7 February, the ‘Scottish Enterprise Business Breakfast’, will provide guests with a networking opportunity whilst demonstrate the vast amount of diversification opportunities there are across the sector.

Petrobras has joined the OGCI following a meeting of the group at the World Economic Forum in Davos, Switzerland.

The US$3.3 billion Tyra Future redevelopment project is critical in enabling Denmark to achieve its gas supply requirements, while supporting future regional investments and protecting industry jobs, according to GlobalData.

PetroNeft provides an update on oil production at licence 61 in the fourth of 2017.

Statoil has awarded Subsea 7 a sizeable contract for the Johan Castberg field development, located 240 km from Hammerfest in Norway.

Genel Energy plc has issued the following trading and operations update in advance of the Company's full-year 2017 results, which are scheduled for release on 22 March 2018.

OEG have delivered several high value remotely operated vehicles module contracts worth £1.8 million (US$2.5 million) for leading subsea contractors.

McDermott International, Inc. announced a large contract award from Saudi Aramco for the engineering, procurement, construction and installation of 13 jackets in the Zuluf, Marjan, Berri and Abu Safah fields, offshore Saudi Arabia.

Enpro Subsea has secured investment from EV Private Equity (EV) to grow its production optimisation business into new and existing international markets and further develop its range of production optimisation and intervention technologies.

TMC Compressors has won a contract from Shanghai Waigaoqiao Shipbuilding Co., Ltd (SWS) to supply the marine compressed air system to a newbuild FPSO the yard is currently constructing for SBM Offshore.