RSS

expansions upstream

BP today announced first gas production from the second stage of its West Nile Delta development offshore Egypt. Read more

Upstream

A total of 305 deals with a combined value of US$47.9bn were registered in the upstream oil and gas industry in Q4 2018, according to GlobalData, a leading data and analytics company. Read more

M&A/Investment

The Crux facilities will be an important source of backfill gas supply to the Shell-operated Prelude floating liquefied natural gas (FLNG) facility. Read more

Offshore & Marine

Royal Dutch Shell plc, through its subsidiary Shell Brasil Petróleo Ltda. (“Shell”), today announces with consortium partners the start of production at the Lula North deep-water project in the Brazilian Santos Basin. Read more

Upstream

Entering into 2019, the global oil and gas industry remains cautiously optimistic as recovering oil prices have boosted companies’ profits and a rebound in new projects is expected. Read more

Upstream

Exxon Mobil Corporation said today it will streamline its upstream organization and centralize project delivery across the company to support previously announced plans to double operating cash flow and earnings by 2025. Read more

Upstream

McDermott will install the subsea infrastructure to support a two well subsea tieback from the Stonefly development site to the Ram Powell platform in the Gulf of Mexico. Read more

Upstream

The Zama-2 appraisal well is the first of three appraisal penetrations drilled by the Consortium to better define the resource potential of the Zama discovery. Read more

Offshore & Marine

The subsea field Vigdis has been producing oil through the Snorre field for more than 20 years. Field production will now be boosted by almost 11 million barrels. Equinor and its partners have decided to invest some NOK 1.4 billion in Vigdis boostin Read more

Upstream

Royal Dutch Shell plc (Shell), through its affiliate Shell Overseas Holdings Limited, has completed the sale of its shares in Shell E&P Ireland Limited (SEPIL), which holds a 45% interest in the Corrib gas venture, for up to $1.30 billion Read more

Offshore & Marine

McDermott International, Inc. (NYSE: MDR) announced today a sizeable* contract from Shell Exploration and Production Company, a subsidiary of Royal Dutch Shell plc, for new subsea umbilical and flowline installation Read more

Upstream

Subscribe to our mailing list

* indicates required
BIC Magazine Enewsletters
Recruiting