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Upstream News

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

Defence giant builds submarine for oil rigs
6th August 2012

A US defence giant has built an unmanned submarine to inspect offshore oil rigs, it emerged on Sunday, as the firm eyes the oil and gas sector to offset a period of lower defence spending in the US and...
Petrobras, BP hit oil offshore Brazil
3rd August 2012

Petrobras and BP have hit oil in a deepwater well in the offshore Ceará basin, northeast of Brazil, the state-owned oil giant announced on Thursday.Both firms struck oil in the BM-CE-2 concession in the...
2nd August 2012

Monitoring and data transmission using fibre optic sensors and optical fibre in cabling is now commonplace in upstream production, downstream transport, and refining of crude oil and natural gas throughout...
Brazil pre-salt oil production hits 71,000 bpd
1st August 2012

Brazil’s new frontier in ultra-deepwater oil exploration, the pre-salt generated 71,000 bpd of oil throughout 2011. The data follows a new exploration and production report released by the country’s oil and...
31st July 2012

A “breakthrough” in the application of a key technique used to boost oil production - polymer flooding in conglomerate layers – was achieved during a pilot project, Chinese energy giant, China National...
Petrobras to invest USD 5.6bn in oil and gas efficiency upgrade - update
31st July 2012

Petrobras will allocate USD 5.6bn for an upcoming oil and gas efficiency upgrade in the Campos Basin, as part of the recently announced effort to raise energy output in the area back to record high levels....
Petronet to set up gas power plant in India
30th July 2012

India’s top natural gas importer, Petronet LNG Ltd is set to establish a Rs 3,500-crore power plant near its upcoming LNG import terminal Kochi in Kerala, it emerged on Sunday.The company has proposed to...
30th July 2012

China may hold the world’s largest accessible shale gas reserves, accounting for roughly 20 per cent of total resources of 187 trillion cubic meters, according to a new report.The 2012 Foreign...
Petrobras to boost Campos Basin efficiency to historic levels
30th July 2012

Brazilian oil giant Petrobras has launched a multi-billion dollar program to increase efficiency in the Campos Basin and bring exploration and production back to previous record highs.Some 90 per cent of...
27th July 2012

UK natural gas company BG Group and its partners have given the go ahead for the construction of the first six topside modules and integration packages for eight domestic floating production, storage and...

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