Upstream news

It is vital that the oilfield services (OFS) industry makes a permanent shift in strategy from short-term survival to long-term success, according to analysis published by EY.

MOL Group expanded its exploration portfolio by acquiring new licenses in Hungary and Norway. MOL acquired 6 new licences in the fourth bid round in Hungary, doubling its exploration acreage in the country.

The company was passed by the skills organisation for the oil and gas industry to roll out an essential induction programme to enhance the safety of offshore workers.

Samoco Oil Tools, a developer of tools for the oil and gas industry, has announced the launch of OneTrip to greatly reduce the time and costs associated with mandatory blowout prevention (BOP) testing.

A Polarcus subsidiary has entered into a heads of agreement with SCF GEO AS, to charter a vessel on bareboat terms with delivery scheduled for March, 2017.

Rystad Energy forecasts projects holding 512 million boe of recoverable liquids and gas resources could potentially reach final investment decisions (FIDs) within Australia & South East Asia during 2017.

Halliburton has announced the release of the Dash® Large Bore Subsea Safety System, which provides full electrohydraulic control of well safety and intervention functions.

The FPSO shall operate in Sankofa-Gye Nyame field in the Tano Basin, in Ghana’s offshore, for the Offshore Cape Three Points (OCTP) project.

Rockhopper Exploration plc, the oil and gas company with key interests in the North Falkland Basin and the Greater Mediterranean region, has provided the following operational and corporate update.

ADUS DeepOcean, a subsidiary of DeepOcean Group Holding BV (DeepOcean), today announces the completion of ground breaking 3D laser survey offshore Ghana.