Brazil has unveiled what will be on offer in major licensing rounds in 2017 but, rather than unleasing a wave of excitement, the announcements coincided with tax and legal moves that only served to remind potential investors of the risks they may have to deal with.
The revision of a landmark federal study on the safety of hydraulic fracturing and the schizophrenic reaction to it demonstrates how the practice continues to divide the US public, writes Noah Brenner.
Welcome to the new Upstream Technology free-to-access website section. Our goal is to be your main source of oil and gas technology news, views from engineers and scientists on the front lines of research and development, and to provide insights into the new tools and strategies operators are using to address the challenges of exploration and production.
When the name of the game in deep-water developments is keeping costs down and bringing in production quickly, one operator focuses on keeping subsea fields as simple as possible, reports Jennifer Pallanich.
Virtual vessels could be a means to better monitor assets and produce actionable knowledge from vast quantities of data. Jennifer Pallanich hears from ABS about the research project and its implications for the oil and gas industry.
Fibre optics can provide lightning-fast internet connections, but when deployed downhole this fibre optic highway can give an operator insight into a reservoir’s behaviour. The capabilities stretch from temperature sensing to seismic mapping and beyond, as Jennifer Pallanich writes.
The convergence of 3D design software, gaming engines and mobile technology has changed the way companies look at employee training. Optech4D experts describe to Jennifer Pallanich the digital reality spectrum and what benefits virtual and augmented reality offer the oil and gas industry.
Deep-water driller Transocean has taken rival Noble Corporation to court over alleged patent infringement with equipment installed aboard five high-specification floating rigs stationed in the US Gulf of Mexico, writes Luke Johnson.
Mexican state oil company Pemex has launched an international tender for its next long-anticipated offshore project — a long-term service contract to provide a gas compression facility for the Ku-Maloob-Zaap field in the Bay of Campeche on a dayrate basis, writes Kathrine Schmidt.
Iran and the European Union have warned the US President-elect Donald Trump administration that it cannot disown the 2015 nuclear deal between Tehran and the major powers and resume the tough energy sanctions regime imposed against Tehran until last year, writes Vahe Petrossian.
NORWEGIAN independent Aker BP is gearing up for more exploration near its North Sea Langfjellet discovery, seeking more resources for a potential stand-alone development in the area north of the Alvheim field, writes Beate Schjolberg.
Teekay Petrojarl has been warned over safety failings on the Foinaven floating production, storage and offloading vessel in the UK Atlantic margin, including failing to follow up on earlier promises to rectify faults with the unit’s temporary refuge.
Pemex has scored another deep-water hit in the Perdido foldbelt in the US with the Doctus-1 probe, which has been designated a potential producer of oil and gas, according to Mexican government data, writes Kathrine Schmidt.
Anglo-Dutch supermajor Shell has concluded its deep-water exploration programme off Nova Scotia, Canada with a decision to seal the second of two wells drilled in the Shelburne basin, writes Tonya Zelinsky.