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  • Neptune gets Cara extra time

    Concept selection deadline on Norway project delayed by ministry turns screws on development timetable

    Online  upstreamonline.com 4 minutes old Steve Marshall

    Shell to exit Greater Sunrise project

    Supermajor to sell its interests in the Timor-Leste development to government

    Online  upstreamonline.com 37 minutes old Anamaria Deduleasa

    Hibernia offline and down-manned after storm

    Suncor’s Terra Nova FPSO also shut in while two rigs moved off drill sites over storm off Newfoundland

    Online  upstreamonline.com 1 hours old Anamaria Deduleasa

    SWS lays Liza 2 Fast4Ward keel

    Chinese yard also formally signs deal with SBM for another FPSO, which has been ordered on speculation

    Online  upstreamonline.com 3 hours old Eoin O'Cinneide

    Construction starts on Castberg FPSO topsides

    Clock ticking to vessel delivery as Kvaerner cuts first steel at Stord yard in Norway

    Online  upstreamonline.com 3 hours old Steve Marshall

    Amerisur takes over Mecaya block

    Latin America-focused explorer buys out partners in Colombian onshore assets

    Online  upstreamonline.com 5 hours old Anamaria Deduleasa

    Aminex moves closer to closing Ruvuma farm-out

    London-listed junior extends deal with newcomer Zubair over block in Tanzania

    Online  upstreamonline.com 5 hours old Anamaria Deduleasa

    Borr in charter haul

    Norwegian rig player secures work for six rigs on rebound in tendering activity despite wider Q3 loss

    Online  upstreamonline.com 6 hours old Steve Marshall

    Exmar confirms YPF Vaca Muerta FLNG deal

    State giant signs long-term deal with offshore contractor for FLNG unit at Bahia Blanca

    Online  upstreamonline.com 6 hours old Eoin O'Cinneide

    Faroe spins bit at Brasse East

    Drilling starts on exploration well off the coast of Norway

    Online  upstreamonline.com 6 hours old Josh Lewis

    Sapura lands $416.8m in new work

    Contracts cover projects in the Gulf of Mexico and off Malaysia's east coast

    Online  upstreamonline.com 8 hours old Josh Lewis

    BHP eyeing near $3bn spend

    Capital allocation detailed for pipeline of petroleum projects

    Online  upstreamonline.com 10 hours old Josh Lewis

    Duo to carry out Galilee seismic campaign

    Vintage Energy also confirms it will proceed with second stage of farm-in with Comet Ridge

    Online  upstreamonline.com 11 hours old Josh Lewis

    Emperor sees 35-year Judith development

    Dynamic modelling shows 20-year plateau rate of 29 Bcf per annum

    Online  upstreamonline.com 13 hours old Josh Lewis

    Ensco-Rowan deal clears anti-trust hurdle

    Rig contractors granted early termination from 30-day waiting period under HSR Act

    Online  upstreamonline.com 16 hours old Kathrine Schmidt

    McDermott firms up Petrobras contract

    US player confirms EPCI award for near-shore segment of Brazil pipeline project

    Online  upstreamonline.com 16 hours old Gareth Chetwynd

    Oil dives on slower global economic growth

    Opec pushing for 1 million bpd to 1.4 million bpd supply cut at 6 December meeting

    Online  upstreamonline.com 17 hours old Reuters

    BOEM seeks input on Beaufort Sea lease sale

    Federal agency announced intent to prepare environmental impact statement for region

    Online  upstreamonline.com 17 hours old Julia Martinez

    Husky's White Rose remains shut-in after spill

    Field operations suspended until Canada-Newfoundland Offshore Petroleum Board completes investigation

    Online  upstreamonline.com 19 hours old Julia Martinez

    Eagle LNG receives draft EIS

    Final environmental impact statement for Jacksonville, Florida project expected April 2019

    Online  upstreamonline.com 21 hours old Julia Martinez

    Oil drops as supply concerns resurface

    Oil prices dropped sharply on Tuesday, snapping a four-day winning streak amid concerns about rising global supplies as Opec weighs a possible cut in production. Growing fears of an economic slowdown, which saw global stock markets tumble again, added further pressure on crude. Brent crude futures, the international benchmark for oil prices, were at $65.62 a barrel at 1:42pm GMT, down $1.17, or

    Online  upstreamonline.com 22 hours old Reuters

    Call for action on climate change

    IEA's Birol, Equinor's Saetre urge companies and governments to step up measures to reduce emissions

    Online  upstreamonline.com 23 hours old Beate Schjolberg

    Heerema in yard sale

    Dutch offshore builder to dispose of facilities in Netherlands and UK after contracts drought hits orderbook

    Online  upstreamonline.com 20 Nov 14:12 GMT Steve Marshall

    Vantage settles Petrobras bribery case

    Offshore drilling contractor agrees with SEC to pay $5 million as part of the settlement

    Online  upstreamonline.com 20 Nov 11:25 GMT Anamaria Deduleasa

    Woodside firms up Perdaman gas sales deal

    Australian independent set to primarily use gas from proposed Scarborough scheme to fulfill contract

    Online  upstreamonline.com 20 Nov 09:38 GMT Eoin O'Cinneide

    EOG seeks Morocco entry

    London-listed player looking to gain exploration licence stake in North African country

    Online  upstreamonline.com 20 Nov 08:59 GMT Steve Marshall

    BSOG inks Midia gas deal with Engie

    Romanian independent to supply 500 million cubic meter per year of gas over 10 years

    Online  upstreamonline.com 20 Nov 08:29 GMT Anamaria Deduleasa

    Equinor targets tropical forest funds

    Norwegian oil major looking to invest in reduction of deforestation to offset some carbon emissions

    Online  upstreamonline.com 20 Nov 08:20 GMT Eoin O'Cinneide

    Jack-up extension for Shelf

    Dubai-based driller secures additional work with ExxonMobil off Nigeria

    Online  upstreamonline.com 20 Nov 07:42 GMT Steve Marshall

    BW takes Tortue Phase 2 decision

    Letter of intent already signed for drilling rig and long lead items ordered

    Online  upstreamonline.com 20 Nov 07:31 GMT Josh Lewis

    Petronas concludes Ophir negotiations

    Ophir field owners closing out talks on terminated risk service contract

    Online  upstreamonline.com 20 Nov 05:41 GMT Russell Searancke

    Oil eases in early trade

    Prices lose ground as increasing US output offsets expected Opec cuts

    Online  upstreamonline.com 20 Nov 05:08 GMT Reuters

    Pacific Drilling emerges from Chapter 11

    Company secures approval for reorganisation plan after negotiations with debtholders

    Online  upstreamonline.com 19 Nov 23:16 GMT Kathrine Schmidt

    Hebron restarts after weather shut-in

    Canadian regulator: operations have resumed at ExxonMobil facility

    Online  upstreamonline.com 19 Nov 19:15 GMT Kathrine Schmidt

    BHP, Pemex spud Trion appraisal well

    Australian player and Mexican partner kick off work on key probe in Perdido fold-belt

    Online  upstreamonline.com 19 Nov 17:35 GMT Kathrine Schmidt

    Oil slips on supply fears even as Opec mulls cut

    Oil futures fell about 1% on Monday amid global oversupply worries, but losses were muted as investors eyed potential sanctions on Iran from the European Union, a possible production cut from Opec and slightly bullish storage drawdown in US crude stocks. Brent crude was down 70 cents a barrel at $66.06 at 11:37am EST (4:37pm GMT), having recovered from a session low at $65.27. US crude futures tr

    Online  upstreamonline.com 19 Nov 17:02 GMT Reuters

    Cimarex in $1.6bn Resolute takeover

    US independent calls acreage position of pure player 'perfect fit' for existing Permian footprint

    Online  upstreamonline.com 19 Nov 16:58 GMT Kathrine Schmidt

    Novatek in Yamal-Nenets gas find

    Russian independent Novatek has reported a commercial discovery at its large Nyakhartinsky block in the northeastern part of the Taz Peninsula in the Yamal-Nenets region of the country. The first exploration well drilled at the block has flowed at the rate of 300,000 cubic metres of gas per day - mixed with condensate - during testing. Although part of the block lies in shallow waters of Taz Bay

    Online  upstreamonline.com 19 Nov 16:44 GMT Vladimir Afanasiev

    TurkStream offshore work 'complete' - Gazprom

    Construction of the offshore part of the TurkStream pipeline that will carry Russian gas across the Black Sea to Turkey has been completed, Russian gas producer Gazprom said on Monday. TurkStream is part of Moscow's efforts to bypass Ukraine as a gas transit route to Europe, which imports around a third of its gas needs from Gazprom. Gazprom working on second TurkStream line "Projects of this

    Online  upstreamonline.com 19 Nov 14:29 GMT Reuters

    Safety nod for Pabow

    Equinor gets green light for wildcat off Norway using semisub Transocean Spitsbergen

    Online  upstreamonline.com 19 Nov 13:02 GMT Steve Marshall

    New Petrobras boss named

    Current boss Ivan Monteiro heading for the exit as former board member set for top job at Brazilian state oil giant

    Online  upstreamonline.com 19 Nov 12:33 GMT Gareth Chetwynd

    QEP in Haynesville sale

    Buyer Aethon picks up Louisiana shale assets in $735m deal as US indie shifts focus to Permian basin

    Online  upstreamonline.com 19 Nov 11:25 GMT Steve Marshall

    Magseis in WesternGeco tie-up

    Norwegian player in pact with Schlumberger unit for joint ocean-bottom seismic surveys

    Online  upstreamonline.com 19 Nov 10:16 GMT Steve Marshall

    ConocoPhillips and Ineos confirm UK talks

    Chemicals giant makes approach to US supermajor for UK upstream assets

    Online  upstreamonline.com 19 Nov 08:41 GMT Rob Watts

    Oil spill shuts in Husky's White Rose

    Five oiled birds observed despite lack of sheens observed on overflights, ROV operations deployed

    Online  upstreamonline.com 19 Nov 08:27 GMT Eoin O'Cinneide

    Sound bites dust in Morocco

    Initial well of exploration campaign fails to deliver for London-listed explorer

    Online  upstreamonline.com 19 Nov 08:10 GMT Steve Marshall

    TransGlobe flows oil in Egypt

    Third time lucky for Canadian player as it flows oil and gas from new discovery

    Online  upstreamonline.com 19 Nov 07:50 GMT Josh Lewis

    Oil gains on expected Opec cut

    Prices still about quarter below October peaks despite regaining some ground

    Online  upstreamonline.com 19 Nov 04:52 GMT Reuters

    Lightning strike slows Hummer drilling

    Unintentional sidetrack also forces plug-back of well in the Gulf of Mexico

    Online  upstreamonline.com 19 Nov 04:44 GMT Josh Lewis

    Sacgasco eyes Sydney basin

    Option to acquire RL Energy would see company diversify portfolio beyond the US

    Online  upstreamonline.com 19 Nov 04:10 GMT Josh Lewis

    Ungani West disappoints

    Buru Energy fails to find commercial pay after early promising signs

    Online  upstreamonline.com 19 Nov 03:31 GMT Josh Lewis

    Strata-X expands Serowe footprint

    Drilling at coalbed methane project in Botswana pushed back until 2019

    Online  upstreamonline.com 19 Nov 02:50 GMT Josh Lewis

    State Gas flows Cattle Creek gas

    Exploration well at Reid's Dome gas project hits 7.5-metre gas bearing zone

    Online  upstreamonline.com 19 Nov 01:54 GMT Josh Lewis

    Petrel in merger talks

    Company also planning AIM listing following planned take over of Warrego Energy

    Online  upstreamonline.com 19 Nov 01:16 GMT Josh Lewis

    North Dakota output hits new highs

    But US state has started shedding rigs as oil prices plummet

    Online  upstreamonline.com 16 Nov 21:12 GMT Caroline Evans

    US adds one rig

    Count of active units rises to 1082 this week

    Online  upstreamonline.com 16 Nov 18:59 GMT Kathrine Schmidt

    Kosmos, Total look ahead in US Gulf

    Both companies look to next steps in US offshore region after beefing up presence earlier this year

    Online  upstreamonline.com 16 Nov 17:11 GMT Kathrine Schmidt

    Oil gains on talk of supply cut

    Oil rose on Friday on expectations that Opec and its allies would agree to cut output next month but prices remained down on the week on concerns that the global market was oversupplied. Brent was up $1.36 at $67.98 a barrel by 2:43pm GMT. The global benchmark looked set for a third day of gains since hitting an eight-month low on Tuesday, but was down more than 3% on last week's close. US light

    Online  upstreamonline.com 16 Nov 16:08 GMT Reuters

    Rough weather shuts in Hebron

    Operator ExxonMobil says facility off eastern Canada has halted production

    Online  upstreamonline.com 16 Nov 14:45 GMT Eoin O'Cinneide

    ExxonMobil in talks over fresh Angola blocks

    US supermajor looking to pick up numerous deep-water tracts, with Sonangol also talking with BP, Eni and Equinor

    Online  upstreamonline.com 16 Nov 14:31 GMT Iain Esau and Fabio Palmigiani

    Iraq restarts some Kirkuk oil exports after year-long halt

    Flows resumed at a modest level of around 50,000-60,000 barrels per day

    Online  upstreamonline.com 16 Nov 13:44 GMT Reuters

    ExxonMobil spuds Cyprus wildcat

    Supermajor kicks off drilling operations at Delphyne-1 well on offshore Block 10

    Online  upstreamonline.com 16 Nov 13:07 GMT Anamaria Deduleasa

    Keppel Fels quashes ‘newbuild asset’ order

    Singaporean yard and counterpart agree to terminate deal for unit, with milestone payments paid

    Online  upstreamonline.com 16 Nov 11:33 GMT Eoin O'Cinneide

    Gazprom Neft profit up as output grows

    Russian oil producer sees top and bottom line swell in third quarter

    Online  upstreamonline.com 16 Nov 09:03 GMT Eoin O'Cinneide

    H&P posts profit, eyes capex rise

    US land drilling specialist in the black for the fourth quarter and year as it looks to upgrade super-spec fleet

    Online  upstreamonline.com 16 Nov 08:48 GMT Eoin O'Cinneide

    SBM goes back to SWS for new Fast4Ward hull

    Dutch floater player firms up order for second FPSO hull under innovative design

    Online  upstreamonline.com 16 Nov 07:56 GMT Eoin O'Cinneide

    Andrews promises permanent Vic frack ban

    Victorian Premier to enshrine ban on fracking in constitution if re-elected

    Online  upstreamonline.com 16 Nov 06:58 GMT Josh Lewis

    Oil rises on expected Opec cuts

    Cartel could cut output by 1.4 million bpd to help prevent oil glut

    Online  upstreamonline.com 16 Nov 04:30 GMT Reuters

    UIL directors accept Strike offer

    Strike Energy now has acceptances representing roughly 31% of UIL shares

    Online  upstreamonline.com 16 Nov 03:55 GMT Josh Lewis

    GSPC gets stay order

    Oilex believes JV partner met deadline to make payment to court to delay implementation of default notice

    Online  upstreamonline.com 16 Nov 03:04 GMT Josh Lewis

    Santos gets all clear for $2.15bn Quadrant acquistion

    ACCC has no objection to takeover of Quadrant Energy

    Online  upstreamonline.com 16 Nov 01:02 GMT Josh Lewis

    Key terms agreed on PNG expansion

    Government and Papua LNG JV sign MoU to finalise terms by end of March 2019

    Online  upstreamonline.com 16 Nov 00:34 GMT Russell Searancke

    NZ gas well not commercial

    JV plugs and abandons onshore well in Taranaki basin

    Online  upstreamonline.com 16 Nov 00:23 GMT Russell Searancke

    Anadarko releases 2019 outlook

    US independent plans on running 15 rigs and 10 completion crews onshore

    Online  upstreamonline.com 15 Nov 23:58 GMT Julia Martinez

    Mexico clears 2019 exploratory budgets

    Eni, Lukoil set to drill exploratory wells on shallow-water blocks next year

    Online  upstreamonline.com 15 Nov 23:08 GMT Kathrine Schmidt

    Cuadrilla continues UK fracking drive

    Shale gas explorer Cuadrilla Resources continues with its operations in northern England despite several seismic events, as seismologists said the tremors are too low to cause damage, writes Anamaria Deduleasa. Last week, Cuadrilla returned initial quantities of gas to the surface from its hydraulic fracturing operations at its site in Preston New Road, in Lancashire. According to the company,

    Weekly  upstreamonline.com 15 Nov 23:00 GMT Anamaria Deduleasa

    Mozambique points the way for Great Lakes mini-LNG plan

    President supports novel initiative to deliver feedstock gas to Nacala plant

    Weekly  upstreamonline.com 15 Nov 23:00 GMT Iain Esau

    Lloyds links with Kaicheng in chase for PNOC LNG scheme

    Lloyds Energy has formally teamed up with a Chinese partner as it vies for the Philippines integrated liquefied natural gas import hub project, writes Amanda Battersby. Dubai-headquartered Lloyds has brought on board China Kaicheng Energy in its now joint proposal to be a strategic partner to state-owned Philippine National Oil Company (PNOC) — one of the trio of short-listed bidders. The Depart

    Weekly  upstreamonline.com 15 Nov 23:00 GMT Amanda Battersby

    Golar charts Nanook plan

    Norway’s Golar LNG expects the newbuild Golar Nanook floating storage and regasification unit to arrive in Brazilian waters in early 2019 in preparation to operate on a large project off the country’s north-east coast, writes Fabio Palmigiani. Golar LNG took delivery of the FSRU on 27 September at Samsung Heavy Industries shipyard, after concluding a $235.5 million funding operation with the Chin

    Weekly  upstreamonline.com 15 Nov 23:00 GMT Fabio Palmigiani

    Cooper eyes pair of wells

    Australian independent Cooper Energy has reiterated it is negotiating with Diamond Offshore to drill two exploration wells next year off south-east Australia, writes Russell Searancke. The operator has selected two shallow-water prospects in the Otway basin called Annie and Elanora that are both close to Cooper's Casino production infrastructure. Annie and Elanora have best estimate prospective

    Weekly  upstreamonline.com 15 Nov 23:00 GMT Russell Searancke

    Pertamina targets higher oil output as gas forecast drops

    Indonesia’s state-owned Pertamina is targeting higher oil production in 2019 although its gas output is forecast to decline next year. Pertamina is targeting crude production of 414,000 barrels per day next year versus the 2018 full-year target of 400,000 bpd. However, it expects its natural gas production in 2019 will slump to below 3 billion cubic feet per day. Pertamina reckons its gas outpu

    Weekly  upstreamonline.com 15 Nov 23:00 GMT Amanda Battersby

    Finishing line near for Bongkot and Erawan

    Announcement 'in December' of who won what between Chevron and PTTEP

    Weekly  upstreamonline.com 15 Nov 23:00 GMT Amanda Battersby

    Sole gas pipeline setback

    Subsea 7 has completed laying the 65-kilometre subsea pipeline at Cooper Energy’s Sole gas development off Victoria, Australia, but problems have been found during testing. Cooper revealed this week an acceptance pressure test found an anomaly which prevented the pipeline from holding internal pressure. It added Subsea 7 had identified a through wall thickness opening in the pipeline which had b

    Weekly  upstreamonline.com 15 Nov 23:00 GMT Josh Lewis

    Sand deal for Chesapeake

    US independent Chesapeake Energy has entered a long-term agreement to buy sand from Hi-Crush for its hydraulic fracturing operations in the Powder River basin and the Marcellus shale. The company will buy Northern White sand from in-basin facilities, Hi-Crush said. In addition, Chesapeake will take advantage of a container crew and related logistics and will have the option to expand. "We are e

    Weekly  upstreamonline.com 15 Nov 23:00 GMT Caroline Evans

    Eni and Cadogan exit five shale assets in Ukraine

    Italy’s Eni and London-listed Cadogan Petroleum are pulling the plug on their participation in Westgasinvest LLC (WGI), a consortium that held five shale gas licences in Ukraine. “This is a good agreement for all parties. It enables Cadogan to withdraw from its gas operations, which are sub economic under the current 70% royalty regime,” said the company’s chief executive Guido Michelotti. Cadog

    Weekly  upstreamonline.com 15 Nov 23:00 GMT Amanda Battersby

    Pioneer divests fracking

    US oil services player ProPetro is poised to become the largest pressure pumping services provider in the booming Permian basin of Texas and New Mexico following an agreement to acquire Pioneer Natural Resources' hydraulic fracturing business unit, writes Caroline Evans. Midland, Texas-based ProPetro will get Pioneer's eight fleets with 510,000 hydraulic horsepower of capacty and related faciliti

    Weekly  upstreamonline.com 15 Nov 23:00 GMT Caroline Evans

    Muruk-2 appraisal starts

    ExxonMobil’s first appraisal well on the large Muruk gas discovery in Papua New Guinea is under way as the US supermajor looks to firm up a substantial new liquefied natural gas feedstock source, writes Russell Searancke. The Muruk-2 appraisal well began drilling on 10 November in PNG’s north-west Highlands region. The well is being drilled using the High Arctic Rig 104 , said Oil Search, which

    Weekly  upstreamonline.com 15 Nov 23:00 GMT Global Mediator

    Anadarko in $4.4 billion US shale assets sell off

    Operator cashes in midstream portfolio as it agrees Western Gas Partners deal

    Weekly  upstreamonline.com 15 Nov 23:00 GMT Caroline Evans

    Subsea 7 profits fall back

    Subsea 7 posted a drop in profits for the third quarter as it felt the force of lower prices on contracts signed during the market downturn, as well as a tax hit, writes Steve Marshall. However, the UK-based contractor bolstered its backlog with fresh awards amid the emerging recovery in offshore field development activity. The company saw net profit drop to $76 million from $111 million a year

    Weekly  upstreamonline.com 15 Nov 23:00 GMT Steve Marshall

    Kosmos and BP gear up for campaign off Mauritania and Senegal

    Partners plan two appraisals and one wildcat as they move closer to a final investment decision at Tortue-Ahmeyim field

    Weekly  upstreamonline.com 15 Nov 23:00 GMT Eoin O'Cinneide

    Suriname dusters fail to dent optimism

    Kosmos Energy is undeterred by drilling two dry holes off Suriname this year as the US independent prepares to return with another wildcat by the end of the decade, writes Eoin O’Cinneide. The Dallas-based player first struck out at the Anapai-1A well on Block 45 this summer, before kicking up dust at the Pontoenoe-1 probe on Block 42 last month. “In Block 45 we drilled a different play concept

    Weekly  upstreamonline.com 15 Nov 23:00 GMT Global Mediator

    Pair finish seismic survey off Namibia and set sights on drilling work

    Shell and Kosmos Energy have just completed a 3D seismic campaign in a block off Namibia where the latter recently farmed in, with the partners’ eyes on drilling after next year, writes Eoin O’Cinneide. “We have just finished, as of this week, a 3D programme of about 30 or 40 days,” Kosmos vice president of exploration Tracey Henderson told Upstream late last week. Kosmos recently farmed into t

    Weekly  upstreamonline.com 15 Nov 23:00 GMT Global Mediator

    Severine's story is a song of the sea

    SBM's head of floater operations has nautical links stretching back to her childhood

    Weekly  upstreamonline.com 15 Nov 23:00 GMT Eoin O'Cinneide

    Barriers are coming down for women in industry

    Female representation at management level in oil and gas may be relatively low, but Severine Baudic does not see any barriers to success for women in the industry, writes Eoin O'Cinneide. “I think more and more it is changing,” the managing director of floating production solutions at SBM Offshore says. “I can see that, with our clients, there are quite a lot of women. It is different to 15 or 2

    Weekly  upstreamonline.com 15 Nov 23:00 GMT Eoin O'Cinneide

    Oyong team eyes test

    The Ophir Energy-led owners of the Oyong gas field off Indonesia are preparing to flow test a near-field exploration well, writes Russell Searancke. The Paus Biru-1 exploration well reached total depth of 710 metres on 3 November, hitting elevated gas readings in the primary Mundu formation. A subsequent wireline logging programme increased the confidence levels in the hydrocarbons in several zo

    Weekly  upstreamonline.com 15 Nov 23:00 GMT Russell Searancke

    Phu Quy venture sets sights on Lac Da Vang commerciality

    Vietnam’s Phu Quy Petroleum Company is aiming to declare the commerciality of the Lac Da Vang oil project by the end of this year. The Lac Da Vang and Lac Da Nau oil discoveries are located in Block 15-1/05 in Vietnam’s Cuu Long basin. Lac Da Vang is the focus of the initial development, and Murphy estimates it contains between 80 million and 100 million barrels of oil. The development plan has

    Weekly  upstreamonline.com 15 Nov 23:00 GMT Russell Searancke

    Montha-1 under way

    KrisEnergy has spudded the Montha-1 shallow-water exploration well on the G10/48 concession off Thailand. The wildcat is located around 15 kilometres from the Singapore-based operator’s producing Wassana oilfield, suggesting a tie-back development could be on the cards if it were a commercial success. Montha-1 in the Gulf of Thailand is being drilled to its prognosed total measured depth of 10,4

    Weekly  upstreamonline.com 15 Nov 23:00 GMT Amanda Battersby

    Pakistan runs rule over new petroleum policy

    Fresh incentives for exploration companies and possible creation of new high-risk onshore frontier zone on agenda

    Weekly  upstreamonline.com 15 Nov 23:00 GMT Amanda Battersby

    P-75 starts up at Buzios field

    Brazil’s Petrobras has started operations at the P-75 floating production, storage and offloading vessel at the giant Buzios field in the Santos basin pre-salt province. Apart from the P-75, Petrobras has the P-74 producing in Buzios since April and has two extra floaters — P-76 and P-77 — scheduled to enter operations in the first half of 2019. Each of the four FPSOs has capacity to produce 150

    Weekly  upstreamonline.com 15 Nov 23:00 GMT Fabio Palmigiani

    Five in battle for Total PLSV contract off Brazil

    Subsea 7, McDermott International, Sapura Navegacao, DOF Subsea and a consortium made up of TechnipFMC and Ocyan understood to have submitted bids for work on Lapa field

    Weekly  upstreamonline.com 15 Nov 23:00 GMT Fabio Palmigiani