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US upstream news

Equinor sells Bakken assets

Equinor is divesting its interests in the Bakken field to Grayson Mill Energy.

 

Sypris wins award for Anchor Field project

Sypris will provide specialty, high-pressure Tube Turns D-bolt closures that are rated up to 4885 psi for the Anchor Field development project in the Gulf of Mexico.

 
 
 
 

ExxonMobil reports annual loss for 2020

The company has reported a net annual loss of US$22.4 billion for 2020, on the write down and losses in oil production and refining, compared with a full-year profit of US$14.34 billion in 2019.

 

Hunting introduces Perfecta rock charges

The Perfecta rock charge is designed to improve well stimulation and productivity, and prolong the lifespan of conventional wells.

 

ExxonMobil creates low carbon technology business

ExxonMobil Low Carbon Solutions will initially focus on carbon capture and storage, and is advancing plans for more than 20 new carbon capture and storage opportunities around the world.