Upstream
Upstream News
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Genesis Energy expects up to $50 million in losses due to storms
Genesis Energy LP said it expects to lose as much as $50 million this year due to a battery of storms that hit the U.S. Gulf of Mexico and forced lengthy offshore oil and gas production shut-ins, Chief Executive Grant Sims told investors. Read more
Nov 6, 2020
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GlobalData: South America’s offshore production to surpass North America’s by 2024
Despite the effects of COVID-19 on global demand and supply, the outlook for South America’s offshore production is on track to surpass volumes coming from North America by 2024. Read more
Nov 5, 2020
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Hand-out McDermott International, Inc.
McDermott, Schneider Electric and io consulting to develop net zero upstream facilities
Schneider Electric and io consulting today announced a collaboration to advance research and design of carbon-neutral facilities for the upstream oil and natural gas market. Read more
Oct 14, 2020
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Upstream update Oct. 2020
Port of Corpus Christi added to Argus' AGS crude pricing index, Interior, Norway strengthen offshore energy knowledge and experience, Interior implements Coastal Plain Oil and Gas Leasing Program in Alaska Read more
Oct 13, 2020
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DNV GL, Aker BP perform remote surveys of offshore cranes
DNV GL led a pilot project with Aker BP to remotely perform inspections on three of their offshore cranes on the Norwegian Continental Shelf. Read more
Oct 13, 2020
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McDermott ships FPSO modules to Mexico
The FPSO will be located in the Area 1 block, approximately six miles off the coast of Mexico in the shallow waters of the Campeche Bay. Read more
Oct 7, 2020
