Upstream news
Faroe Petroleum: completion of acquisition of Norwegian production assets
Faroe's new asset acquisition broadens and strengthens its production base offshore Norway.
Statoil: well positioned for a low-carbon future
“In a low-carbon future, we need oil & gas producers who can deliver energy at low cost, with low emissions. Therefore, the NCS will become even more attractive and important,” says Statoil CEO Eldar Sætre.
N-Sea and University of Strathclyde collaborate for innovative subsea project
Funding has been secured to research automation solutions for subsea pipeline inspections.
WellAware partners with Halliburton
Company also introduces integrated radio and controller for oil and gas production.
Polarcus provides Q4 and full year 2016 update
The company expects to report a prefunding level of 120% for the full year 2016, down from previously guided 150%.
BP announces start of drilling on new carboniferous prospect
The well will test the potential of the deep carboniferous age horizon reservoir.