Upstream news

Aker BP ASA along with the partners in the Johan Sverdrup, reports updated key figures for the Johan Sverdrup project.

Reference is made to the stock exchange release issued on 16 December 2015 in which Polarcus Limited announced an award for a 3D marine seismic project in South America.

James Moir, PJ Valves, looks at how a smarter approach to manufacturing can help keep the FPSO market afloat.

Keppel Offshore & Marine’s shipyard in Brazil, BrasFELS, has delivered P-66, the first of the Replicante series of Floating Production Storage and Offloading (FPSO) units, to Tupi BV.

Petrofac is set to build on its provision of maintenance services for BP, following the award of a three-year extension to its existing contract in the North Sea.

Occidental Petroleum Corporation has announced that at year-end 2016, the company's preliminary worldwide proved reserves totalled 2.4 billion boe compared to 2.2 billion boe at the end of 2015.

Archer Oiltools has launched the SPARTAN plug family, designed to help operators deliver safer wells, boost operational efficiency and reduce costs.

Europa Oil & Gas has announced that its wholly owned subsidiary has signed a farm-out Agreement in relation to a 12.5% interest in the PEDL143 licence in the Weald Basin with a wholly owned subsidiary of Angus Energy PLC.

The Ntorya-2 well has been drilled with results ahead of expectations with 25 - 30 m net gas column.

GeoPark Limited has announced new drilling successes in the Llanos 34 Block (GeoPark operated with a 45% working interest), in Colombia.