From the field

Petrobras cuts investment by USD 32 billion

Petrobras will cut its five-year investment plan by USD 32 billion, Brazil’s semi-public multinational energy firm announced on Tuesday. Read More

8 years ago

Lapindo resumes drilling near mud volcano

On January 13, Lapindo Brantas plans to resume natural gas drilling near Surabaya, the nation’s second-largest city, the Indonesian upstream… Read More

8 years ago

SBM awarded Sea Lion contract

UK operator Premier Oil has awarded SBM Offshore the front-end engineering and design for Phase 1 of its Sea Lion… Read More

8 years ago

Saipem, Technip vie for Nord Stream

Italian firm Saipem and France’s Technip are in competition for a tender to build the USD 4-billion expansion to Russia’s… Read More

8 years ago

POSH Terasea wins tow contract with Shell

POSH Terasea has won a contract to move Shell’s Prelude FLNG, the largest offshore hydrocarbons facility ever built, from Korea… Read More

8 years ago

Wintershall Norge commences drilling

Wintershall Norge has begun drilling its first exploration well on licence PL611 in the Barents Sea, the Norwegian branch of… Read More

8 years ago

Bechtel completes LNG ventures

Bechtel completed all three of its LNG ventures on Curtis Island in northeastern Queensland, with the Australia Pacific LNG project… Read More

8 years ago

BP downsizes in a down market

BP will slash around 4,000 upstream jobs globally, including 600 positions from its North Sea operations by the end of… Read More

8 years ago

South Pars to be complete by early 2018

The development of the South Pars oil and gasfields will be completed by March 2018, Iranian President Hassan Rouhani said… Read More

8 years ago

Pantheon encounters pay at Eagle Ford

Pantheon Resources has hit pay while testing its oil well in Texas’ Eagle Ford, but was unable to get production… Read More

8 years ago

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