Upstream news

New award-winning service harnesses data to predict downtime and the performance of oil and gas production systems.

API President and CEO has released a statement on Interior Secretary Zinke's announcement to remove the Eastern Gulf of Mexico from the five-year offshore oil and natural gas leasing plan.

This three-year contract has been awarded following the successful completion of Phase 1 of the BP Khazzan Project in September 2017.

ADES International Holding Ltd has successfully extended two existing contracts for Admarine II, Admarine IV and renewed its lease for Admarine VI, all of which are in the Gulf of Suez area.

Further to the Company's announcement on 4 October 2017, Petro Matad, the AIM quoted Mongolian oil explorer is pleased to provide an update on its 3D seismic acquisition programme.

The grant provides access to leading industry software in geoscience, drilling and reservoir management so that students can gain practical experience to prepare for successful careers in the oil and gas industry.

To gain these certifications, an organisation must demonstrate the ability to consistently provide products and services that meet customer and regulatory requirements, and aim to enhance customer satisfaction through continuous process improvements.

Subsea technology company, Rovco, has secured Innovate UK funding to develop a cutting-edge 3D visualisation system as part of a two-part Artificial Intelligence demonstrator project potentially worth £1 million.

This announcement follows the Delek Group's Immediate Report dated December 24, 2017.

An updated, detailed presentation is now available on their website.