Upstream

Petrobras reports that the Company’s average oil production in Brazil reached an annual historical record in 2016, at 2.144.256 barrels per day (bpd), 0.75% above the results for the…
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Oil and gas production on the Norwegian shelf is high. The adjustment process has been extensive, but the cost reductions implemented by the industry will lay the foundation for…
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Leading global deck machinery specialist, ACE Winches, has secured a spooling contract with Oceaneering for Shell’s Prelude Floating Liquefied Natural Gas (FLNG) project. The…
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Tullow Oil plc (Tullow) announces a number of changes to its Board: • Paul McDade, currently Chief Operating Officer, will be appointed Chief Executive Officer following Tullow’s…
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Driven by the success of Eni’s major Zohr Field gas discovery offshore Egypt in 2015, companies are rethinking the Eastern Mediterranean region’s gas potential, according to new…
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Parsley Energy, Inc. (NYSE: PE) ("Parsley," "Parsley Energy," or the "Company") today announced that it has entered into agreements to acquire, in unrelated transactions, certain…
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Tullow Oil plc (Tullow) issues this statement to summarise recent operational activities and to provide trading guidance in respect of the financial year to 31 December 2016. This is in…
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Oil production from the Organization of the Petroleum Exporting Countries (OPEC) slumped 280,000 barrels per day (b/d) in December, due to hefty falls in Nigeria and Saudi Arabia, a…
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SapuraKencana Petroleum Berhad’s (“SKPB”) wholly-owned subsidiary, SapuraKencana Technology Sdn Bhd (“SK Technology”) and Proserv are joining forces to provide enhanced technology…
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Wood Group has secured a five year, multi-million dollar framework agreement to continue to provide engineering and project management services to Saudi Aramco’s onshore capital…
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