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Upstream News

Global coverage of exploration and production, field development, shale, fracking and other upstream sector developments

19th March 2012

Oil and gas exploration company, Serica energy, has signed a contractwith marine geophysical company, Polarcus Seismic Limited, to survey an area offshore Namibia.A 10-streamer vessel Polarcus Nadia will be...
14th March 2012

Helix Energy Solutions Group Inc. (Helix), a market leader in subsea well intervention services, has agreed to pay Jurong Shipyard USD 385.5m to build a semi-submersible well intervention rig, scheduled for...
Offshore oil rig
14th March 2012

A first full-bore, straight-through, pressure-balanced hot stab has been put forward for a series of subsea injection and pumping projects in the Gulf of Mexico.The product is based on patented...
Deepwater drilling
14th March 2012

Operator Anadarko Petroleum and co-owners Shell and Chevron have announced the beginning of first production from the Caesar Tonga deep-water project in the Gulf of Mexico.The project will boost existing...
Shale pipeline
13th March 2012

The natural gas industry is technologically capable of tapping vast shale gas resources in the US, but it is unclear if all companies can successfully manage the complex array of environmental and social...
13th March 2012

Huge quantities of high-quality crude have been discovered by Brazilian energy giant Petrobras off the coast of Rio de Janeiro. Between 50-80bn barrels of crude, roughly five times Brazil’s current...
Dirlling
13th March 2012

MicroScope*, a new high-resolution resistivity and imaging-while-drilling service, was announced this month by leading oil and gas technology supplier, Schlumberger. The product is designed to provide high-...
Gas tanks
13th March 2012

Chevron in 2011 discovered huge gas fields containing an estimated 40 trillion cubic feet of natural gas off the remote northwest coast of Western Australia.This is enough energy to power a city of 1...
Offshore drilling
13th March 2012

The second well could be drilled after a Transfer of Rights Agreement was executed with the Brazilian National Oil, Natural Gas and Biofuels Agency (ANP). The first well drilled in the Transfer of Rights...

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