You are here

Upstream News

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

Brazilian start-up strikes Amazon gas f gas find
21st August 2012

A Brazilian oil startup firm has discovered natural gas in a well located in a remote area of the Amazon marking “an historic event” in its drilling operations to date, the company said in a press release...
US research centre announces 3D virtual rig
21st August 2012

A Texas-based research centre announced this month that it will develop a virtual 3D drill rig, as part of plans to familiarise oil and gas industry professionals with new and “greener” technologies for the...
Repsol, Alliance Oil complete first phase of E&P in Russia
20th August 2012

Spanish oil major Repsol and independent energy firm Alliance Oil have completed the first phase of their joint venture for the exploration and production of hydrocarbons in Russia, both firms said in press...
UK turns to Singapore for new deepwater rig
20th August 2012

A Singapore-based firm will construct a semi-submersible rig for UK-based drilling services contractor Diamond Offshore, as part of a rig enhancement programme, both firms said in press releases this month....
Chevron acquires tech for Congo-Angola oilfield
20th August 2012

US multinational energy company Chevron Corporation has contracted a Norwegian oilfield services firm to install and supply technology for the development of its Lianzi field offshore Congo and Angola, it...
CNOOC makes oil discovery in Bohai Sea
17th August 2012

China's leading offshore oil and gas developer, CNOOC has made a significant find in the Bohai Sea, after the successful appraisal of two wells, the Chinese energy firm said in a statement on Tuesday. The...
New frac tech to boost output in West Siberia
17th August 2012

Russia’s third largest oil company, TNK-BP has applied a new fracturing technology program to be applied in Russia, the firm said in a statement on Thursday, as part of plans to boost performance in...
UK-Russia tech partnership to service Russian, Arctic exploration
15th August 2012

Oil and gas technology providers Ikon Science of the UK and PetroTrace Global of Russia have banded together to provide geological reservoir analysis technologies for oil and gas sector, Ikon Science said...
14th August 2012

Brazilian oil giant Petrobras has launched a multi-billion dollar program aimed at creating state-of-the-art technologies needed to develop recently discovered offshore pre-salt oil fields.The Brazilian...
Global oil production to skyrocket by 2020
13th August 2012

New resources in the Western hemisphere could offer a significant boost to production over the present decade, a June study from Harvard University’s Kennedy School of Government suggests.An additional 17.6...

Pages