Upstream https://www.upstreamonline.com RSS Feed from https://www.upstreamonline.com en Wed, 28 Jul 2021 02:12:26 +0200 In House Programming https://www.upstreamonline.com Oil prices steady as virus spread counters tight supplies https://www.upstreamonline.com/finance/oil-prices-steady-as-virus-spread-counters-tight-supplies/2-1-1045279 IMF cuts economic growth forecast for emerging Asia Coronavirus Finance Production Politics Safety Tue, 27 Jul 2021 23:16:20 +0200 Reuters https://www.upstreamonline.com/finance/oil-prices-steady-as-virus-spread-counters-tight-supplies/2-1-1045279 NHST Delta variant: US issues travel warnings to Spain and Portugal on Covid-19, while US Centres for Disease Control is set to recommend that vaccinated individuals wear masks indoors Photo: REUTERS/SCANPIX 2021-07-27T21:16:20Z news 2-1-1045279 US LNG exports hit record levels in the first half of '21 https://www.upstreamonline.com/lng/us-lng-exports-hit-record-levels-in-the-first-half-of-21/2-1-1045263 US exports averaged 9.6 Bcfpd for the first six months of the year LNG Finance Shale Production Politics Tue, 27 Jul 2021 22:50:22 +0200 Mark Passwaters https://www.upstreamonline.com/lng/us-lng-exports-hit-record-levels-in-the-first-half-of-21/2-1-1045263 NHST Record levels: US LNG exports hit an all-time high in the first half of 2021 Photo: DUKA 2021-07-27T20:50:22Z news 2-1-1045263 China calls for oil and gas spending boost as economy surges https://www.upstreamonline.com/politics/china-calls-for-oil-and-gas-spending-boost-as-economy-surges/2-1-1045047 Energy watchdog says there is no time to lose in pursuing and developing untapped oil and gas reserves Production Exclusive Politics Tue, 27 Jul 2021 16:33:28 +0200 Xu Yihe https://www.upstreamonline.com/politics/china-calls-for-oil-and-gas-spending-boost-as-economy-surges/2-1-1045047 NHST Operations: Sinopec drilling a shale gas well in the Sichuan basin in southwestern China Photo: SINOPEC 2021-07-27T15:52:49Z news 2-1-1045047 Termination risk: Sembcorp Marine warns of projects under construction being cancelled https://www.upstreamonline.com/finance/termination-risk-sembcorp-marine-warns-of-projects-under-construction-being-cancelled/2-1-1044975 'Unprecendented times' for Singaporean offshore and marine contractor Finance Tue, 27 Jul 2021 15:44:27 +0200 Amanda Battersby https://www.upstreamonline.com/finance/termination-risk-sembcorp-marine-warns-of-projects-under-construction-being-cancelled/2-1-1044975 NHST Flagship: SembCorp Marine's Tuas Boulevard Yard. Photo: SEMBCORP MARINE 2021-07-27T13:44:27Z news 2-1-1044975 Qatargas closing in on key North Field onshore contract award https://www.upstreamonline.com/exclusive/qatargas-closing-in-on-key-north-field-onshore-contract-award/2-1-1044844 Third EPC package involving utilities work likely to be awarded within weeks Field_Development Exclusive Tue, 27 Jul 2021 14:31:54 +0200 Nishant Ugal https://www.upstreamonline.com/exclusive/qatargas-closing-in-on-key-north-field-onshore-contract-award/2-1-1044844 NHST Decision phase: Qatar Petroleum chief executive Saad Sherida Al Kaabi Photo: QATAR PETROLEUM 2021-07-27T14:47:14Z news 2-1-1044844 Brazil-bound Mero floater hull ready for topsides integration in China https://www.upstreamonline.com/rigs-and-vessels/brazil-bound-mero-floater-hull-ready-for-topsides-integration-in-china/2-1-1044815 Arrival of Sepetiba FPSO on Sunday will see Bomesc deliver the floater in March 2022 Field_Development Rigs_and_Vessels Tue, 27 Jul 2021 12:51:43 +0200 Xu Yihe https://www.upstreamonline.com/rigs-and-vessels/brazil-bound-mero-floater-hull-ready-for-topsides-integration-in-china/2-1-1044815 NHST Arriving: the Sepetiba FPSO hull is to be interfaced with topsides at Bomesc yard in Tianjin Photo: CMHI 2021-07-27T11:14:15Z news 2-1-1044815 SBM Offshore advances floating wind test project off Wales after Crown Estate move https://www.upstreamonline.com/energy-transition/sbm-offshore-advances-floating-wind-test-project-off-wales-after-crown-estate-move/2-1-1044970 SBM and US partner Cierco aim to install floating wing pilot plan in Celtic Sea Energy_Transition Tue, 27 Jul 2021 11:20:21 +0200 Iain Esau https://www.upstreamonline.com/energy-transition/sbm-offshore-advances-floating-wind-test-project-off-wales-after-crown-estate-move/2-1-1044970 NHST Crown Estate decision: Pembroke Castle in Wales was the birth place of King Henry VII Photo: REUTERS/SCANPIX 2021-07-27T11:51:09Z news 2-1-1044970 Wintershall Dea sees profits bounce back on oil price recovery https://www.upstreamonline.com/finance/wintershall-dea-sees-profits-bounce-back-on-oil-price-recovery/2-1-1044859 Production figures also on the up thanks to additional production coming online in Russia and Egypt Finance Production Tue, 27 Jul 2021 09:25:06 +0200 Josh Lewis https://www.upstreamonline.com/finance/wintershall-dea-sees-profits-bounce-back-on-oil-price-recovery/2-1-1044859 NHST Rise in profits: Wintershall chief executive Mario Mehren Photo: WINTERSHALL 2021-07-27T10:27:21Z news 2-1-1044859 CIMC Raffles' South China Sea platform prize https://www.upstreamonline.com/field-development/cimc-raffles-south-china-sea-platform-prize/2-1-1044807 The yard in China's Shandong province lands engineering, procurement and construction job from CNOOC EnerTech with bid of US$39 million and committing to delivering unit in 14 months Field_Development Rigs_and_Vessels Tue, 27 Jul 2021 08:43:14 +0200 Xu Yihe https://www.upstreamonline.com/field-development/cimc-raffles-south-china-sea-platform-prize/2-1-1044807 NHST Awarded: CIMC Raffles lands new offshore platform EPC job for South China Sea field development Photo: CIMC Raffles 2021-07-27T07:35:16Z news 2-1-1044807 Hyundai Heavy Industries stays in the black https://www.upstreamonline.com/finance/hyundai-heavy-industries-stays-in-the-black/2-1-1044682 KSOE lands contracts totalling $1 billion-plus for seven LNG carriers Rigs_and_Vessels Finance Tue, 27 Jul 2021 08:08:57 +0200 Amanda Battersby https://www.upstreamonline.com/finance/hyundai-heavy-industries-stays-in-the-black/2-1-1044682 NHST Flagship facility: Hyundai Heavy Industries' yard in Ulsan, South Korea Photo: HYUNDAI HEAVY INDUSTRIES 2021-07-27T07:32:37Z news 2-1-1044682 Ghana court dismisses Eni appeal over escrow account - but unitisation dispute still unresolved https://www.upstreamonline.com/field-development/ghana-court-dismisses-eni-appeal-over-escrow-account-but-unitisation-dispute-still-unresolved/2-1-1044742 Eni loses appeal over Ghanaian court decision to place Sankofa field revenues in escrow while unitisation talks are ongoing Field_Development Tue, 27 Jul 2021 07:59:26 +0200 Iain Esau https://www.upstreamonline.com/field-development/ghana-court-dismisses-eni-appeal-over-escrow-account-but-unitisation-dispute-still-unresolved/2-1-1044742 NHST Court decision: Springfield chief executive Kevin Okyere Photo: SPRINGFIELD 2021-07-27T07:30:20Z news 2-1-1044742 Vedanta steps on the investment pedal in India https://www.upstreamonline.com/production/vedanta-steps-on-the-investment-pedal-in-india/2-1-1044814 $200m allocated to new production wells; $150m to exploration wells Production Exploration Tue, 27 Jul 2021 05:53:37 +0200 Russell Searancke https://www.upstreamonline.com/production/vedanta-steps-on-the-investment-pedal-in-india/2-1-1044814 NHST Workers: of Vedanta's Indian subsidiary Cairn Oil and Gas Photo: VEDANTA 2021-07-27T03:53:37Z news 2-1-1044814 Papua LNG project activity poised to pick up https://www.upstreamonline.com/lng/papua-lng-project-activity-poised-to-pick-up/2-1-1044811 Oil Search says financing, technical and commercial work has progressed LNG Finance Politics Tue, 27 Jul 2021 05:16:05 +0200 Russell Searancke https://www.upstreamonline.com/lng/papua-lng-project-activity-poised-to-pick-up/2-1-1044811 NHST Lining up for progress: in Papua New Guinea Photo: SAEED KHAN/AFP 2021-07-27T03:55:00Z news 2-1-1044811 Eni to partner with KazMunaiGas on energy transition projects in Kazakhstan https://www.upstreamonline.com/energy-transition/eni-to-partner-with-kazmunaigas-on-energy-transition-projects-in-kazakhstan/2-1-1044809 Rome-based player looks to expand on existing wind and solar developments in Central Asian country and develop further renewable, hydrogen and biofeedstock projects Hydrogen Energy_Transition Tue, 27 Jul 2021 04:42:38 +0200 Josh Lewis https://www.upstreamonline.com/energy-transition/eni-to-partner-with-kazmunaigas-on-energy-transition-projects-in-kazakhstan/2-1-1044809 NHST Decarbonisation: Eni chief executive Claudio Descalzi widened the company's energy transition scope in Kazakhstan Photo: AFP/SCANPIX 2021-07-27T02:42:38Z news 2-1-1044809 Oil steadies in undersupplied market but coronavirus cases weigh https://www.upstreamonline.com/finance/oil-steadies-in-undersupplied-market-but-coronavirus-cases-weigh/2-1-1044779 Growth in Chinese oil imports set to fall sharply Field_Development Coronavirus Finance Production Politics Mon, 26 Jul 2021 22:51:31 +0200 Reuters https://www.upstreamonline.com/finance/oil-steadies-in-undersupplied-market-but-coronavirus-cases-weigh/2-1-1044779 NHST Oil market deficit: set to last but coronavirus clouds demand Photo: REUTERS/SCANPIX 2021-07-26T20:51:31Z news 2-1-1044779 Eneva charters rig for seven-well campaign in Brazil’s Amazon https://www.upstreamonline.com/rigs-and-vessels/eneva-charters-rig-for-seven-well-campaign-in-brazil-s-amazon/2-1-1044758 Brazilian independent enlists Constellation rig for programme in the onshore Azulao natural gas field Field_Development Rigs_and_Vessels Finance Production Mon, 26 Jul 2021 20:47:47 +0200 Fabio Palmigiani https://www.upstreamonline.com/rigs-and-vessels/eneva-charters-rig-for-seven-well-campaign-in-brazil-s-amazon/2-1-1044758 NHST New charter: the Constellation Oil Services land rig QG-VIII Photo: CONSTELLATION OIL SERVICES 2021-07-26T18:47:47Z news 2-1-1044758 Talos Energy wraps up Tornado Attic well and reports production boost https://www.upstreamonline.com/finance/talos-energy-wraps-up-tornado-attic-well-and-reports-production-boost/2-1-1044719 Gulf of Mexico wells go better than expected for Talos Energy Rigs_and_Vessels Finance Production Exploration Mon, 26 Jul 2021 19:23:04 +0200 Mark Passwaters https://www.upstreamonline.com/finance/talos-energy-wraps-up-tornado-attic-well-and-reports-production-boost/2-1-1044719 NHST Tornado tale: Talos president Timothy Duncan had some positive well results to report Photo: OTC 2021-07-26T17:41:56Z news 2-1-1044719 Front-runner: Schlumberger takes lead in Petrobras well technology drive https://www.upstreamonline.com/exclusive/front-runner-schlumberger-takes-lead-in-petrobras-well-technology-drive/2-1-1044722 Brazilian oil giant applies new concept to optimise well construction in mature post-salt fields Production Exclusive Mon, 26 Jul 2021 17:41:42 +0200 Fabio Palmigiani https://www.upstreamonline.com/exclusive/front-runner-schlumberger-takes-lead-in-petrobras-well-technology-drive/2-1-1044722 NHST New technology: the Cidade de Vitoria FPSO operating at the Golfinho field in the Espirito Santo basin offshore Brazil Photo: PETROBRAS 2021-07-26T15:41:54Z news 2-1-1044722 LNG proponent Pieridae Energy's days are numbered as it studies 'strategic alternatives' https://www.upstreamonline.com/lng/lng-proponent-pieridae-energys-days-are-numbered-as-it-studies-strategic-alternatives/2-1-1044670 Pieridae Energy may be sold or merged after its Goldboro LNG project in Nova Scotia fails to fly LNG Mon, 26 Jul 2021 16:07:46 +0200 Iain Esau https://www.upstreamonline.com/lng/lng-proponent-pieridae-energys-days-are-numbered-as-it-studies-strategic-alternatives/2-1-1044670 NHST Not viable: Goldboro, the site of Pieridae Energy's proposed LNG facility in Nova Scotia, Canada Photo: PIERIDAE ENERGY 2021-07-27T11:53:18Z news 2-1-1044670 FID at Whale: Shell green lights key deep-water development offshore Gulf of Mexico https://www.upstreamonline.com/field-development/fid-at-whale-shell-green-lights-key-deep-water-development-offshore-gulf-of-mexico/2-1-1044611 Project is expected to reach peak production of about 100,000 barrels of oil equivalent per day Field_Development Finance Mon, 26 Jul 2021 16:03:27 +0200 Nishant Ugal https://www.upstreamonline.com/field-development/fid-at-whale-shell-green-lights-key-deep-water-development-offshore-gulf-of-mexico/2-1-1044611 NHST Sanction: Shell chief executive Ben van Beurden Photo: REUTERS/SCANPIX 2021-07-26T14:09:27Z news 2-1-1044611 UAE’s Dana Gas wins key arbitration on Egyptian asset sale https://www.upstreamonline.com/finance/uae-s-dana-gas-wins-key-arbitration-on-egyptian-asset-sale/2-1-1044558 The dispute involves termination of the sale of its Egyptian oil and gas assets to IPR Energy group Finance Mon, 26 Jul 2021 15:01:51 +0200 Nishant Ugal https://www.upstreamonline.com/finance/uae-s-dana-gas-wins-key-arbitration-on-egyptian-asset-sale/2-1-1044558 NHST Arbitration win: Dana Gas chief executive Patrick Allman-Ward Photo: NASSIR SHIRKHANI 2021-07-26T14:07:41Z news 2-1-1044558 Repsol flicks the switch on its biggest-ever solar project in Spain https://www.upstreamonline.com/energy-transition/repsol-flicks-the-switch-on-its-biggest-ever-solar-project-in-spain/2-1-1044612 Company accelerates shift to renewables with first power from 264MW Valdesolar PV farm in west of Spain Energy_Transition Mon, 26 Jul 2021 14:56:16 +0200 Darius Snieckus https://www.upstreamonline.com/energy-transition/repsol-flicks-the-switch-on-its-biggest-ever-solar-project-in-spain/2-1-1044612 NHST Renewables push: Repsol has switched on its largest ever solar farm in Spain Photo: AFP/SCANPIX 2021-07-26T13:50:53Z news 2-1-1044612 Eni boosts Spanish and French renewable portfolio with 'strategic' gigascale buy-ups https://www.upstreamonline.com/energy-transition/eni-boosts-spanish-and-french-renewable-portfolio-with-strategic-gigascale-buy-ups/2-1-1044583 Italian oil major to acquire nearly 4.2GW portfolio of projects that are operational or in advanced development Energy_Transition Mon, 26 Jul 2021 14:34:10 +0200 Josh Lewis,Bernd Radowitz https://www.upstreamonline.com/energy-transition/eni-boosts-spanish-and-french-renewable-portfolio-with-strategic-gigascale-buy-ups/2-1-1044583 NHST Growing renewables capacity: Eni chief executive Claudio Descalzi Photo: AP/SCANPIX 2021-07-27T03:00:58Z news 2-1-1044583 BP hit with £50,000 fine over breach of North Sea licence in first ever sanction by OGA https://www.upstreamonline.com/production/bp-hit-with-50-000-fine-over-breach-of-north-sea-licence-in-first-ever-sanction-by-oga/2-1-1044552 Oil & Gas Authority issues penalty after UK supermajor failed to report progress on two extended well tests Production Mon, 26 Jul 2021 13:24:57 +0200 Rob Watts https://www.upstreamonline.com/production/bp-hit-with-50-000-fine-over-breach-of-north-sea-licence-in-first-ever-sanction-by-oga/2-1-1044552 NHST Penalty: BP, led by chief executive Bernard Looney, has been fined £50,000 by the OGA Photo: AFP/SCANPIX 2021-07-26T14:12:09Z news 2-1-1044552 China overtakes UK with world’s largest offshore wind power capacity https://www.upstreamonline.com/energy-transition/china-overtakes-uk-with-world-s-largest-offshore-wind-power-capacity/2-1-1044437 China set to contribute 63% to the world’s 11.8GW offshore wind power capacity increase this year Energy_Transition Mon, 26 Jul 2021 13:15:39 +0200 Xu Yihe https://www.upstreamonline.com/energy-transition/china-overtakes-uk-with-world-s-largest-offshore-wind-power-capacity/2-1-1044437 NHST Maiden venture: CNOOC's first offshore wind project in Jiangsu province Photo: CNOOC 2021-07-26T14:13:16Z news 2-1-1044437 Equinor takes over Grosbeak discovery https://www.upstreamonline.com/field-development/equinor-takes-over-grosbeak-discovery/2-1-1044423 Swap deal with Wellesley Petroleum sees independent acquire Orn, Atlantis and Canon stakes Field_Development Mon, 26 Jul 2021 12:55:35 +0200 Ole Ketil Helgesen https://www.upstreamonline.com/field-development/equinor-takes-over-grosbeak-discovery/2-1-1044423 NHST At the helm: Equinor chief executive Anders Opedal Photo: EQUINOR 2021-07-26T14:16:04Z news 2-1-1044423 Reliance and BP double gas production from flagship Indian deepwater asset https://www.upstreamonline.com/production/reliance-and-bp-double-gas-production-from-flagship-indian-deepwater-asset/2-1-1044397 Combined gas production from KG-D6 block moves past 18 MMcmd Production Mon, 26 Jul 2021 12:18:06 +0200 Nishant Ugal https://www.upstreamonline.com/production/reliance-and-bp-double-gas-production-from-flagship-indian-deepwater-asset/2-1-1044397 NHST Gas production: Reliance Industries managing director Mukesh Ambani Photo: REUTERS/SCANPIX 2021-07-26T10:55:26Z news 2-1-1044397 Longboat partners Equinor in maiden exploration well off Norway https://www.upstreamonline.com/exploration/longboat-partners-equinor-in-maiden-exploration-well-off-norway/2-1-1044410 UK-listed junior gets set for first probe in proposed seven-well programme Exploration Mon, 26 Jul 2021 10:39:27 +0200 Rob Watts https://www.upstreamonline.com/exploration/longboat-partners-equinor-in-maiden-exploration-well-off-norway/2-1-1044410 NHST Work on horizon: the semisub West Hercules Photo: EQUINOR 2021-07-26T14:20:32Z news 2-1-1044410 Appointed: new president for state-owned CNPC https://www.upstreamonline.com/people/appointed-new-president-for-state-owned-cnpc/2-1-1044318 The general manger of newly established PipeChina returns to CNPC as its president, where he had worked for more than 30 years People Mon, 26 Jul 2021 08:36:40 +0200 Xu Yihe https://www.upstreamonline.com/people/appointed-new-president-for-state-owned-cnpc/2-1-1044318 NHST Appointed: CNPC president Hou Qijun Photo: CNPC 2021-07-26T07:04:02Z news 2-1-1044318 Four missing: China offshore wind installation vessel partially capsizes https://www.upstreamonline.com/rigs-and-vessels/four-missing-china-offshore-wind-installation-vessel-partially-capsizes/2-1-1044316 Rescuers evacuate 61 crew after vessel Shengping 001 tilted to the water after hitting an offshore wind foundation offshore Huizhou on Sunday Rigs_and_Vessels Mon, 26 Jul 2021 08:26:33 +0200 Xu Yihe https://www.upstreamonline.com/rigs-and-vessels/four-missing-china-offshore-wind-installation-vessel-partially-capsizes/2-1-1044316 NHST Capsized: the Shengping 001 offshore wind installation vessel offshore Guangdong as rescue efforts continue Photo: HUIZHOU MARITIME ADMINISTRATION 2021-07-26T07:35:01Z news 2-1-1044316 Jobs boom: transition to boost energy jobs, but not all regions to benefit - report https://www.upstreamonline.com/energy-transition/jobs-boom-transition-to-boost-energy-jobs-but-not-all-regions-to-benefit-report/2-1-1044347 Fossil fuel exporting nations likely to feel impact on jobs if stronger climate policy is implemented Energy_Transition Mon, 26 Jul 2021 08:02:09 +0200 Josh Lewis https://www.upstreamonline.com/energy-transition/jobs-boom-transition-to-boost-energy-jobs-but-not-all-regions-to-benefit-report/2-1-1044347 NHST Energy transition: stronger climate policy could provide a boost to jobs in the energy sector according to new research Photo: AFP/SCANPIX 2021-07-26T16:06:20Z news 2-1-1044347 Seadrill takes big step in emerging from Chapter 11 https://www.upstreamonline.com/finance/seadrill-takes-big-step-in-emerging-from-chapter-11/2-1-1044345 Company files reorganisation plan and related documents in US Bankruptcy Court Rigs_and_Vessels Finance Mon, 26 Jul 2021 07:53:03 +0200 Russell Searancke https://www.upstreamonline.com/finance/seadrill-takes-big-step-in-emerging-from-chapter-11/2-1-1044345 NHST Plan in action: Seadrill Photo: SEADRILL 2021-07-26T07:20:29Z news 2-1-1044345 Santos paints a masterpiece at Aussie offshore oilfield https://www.upstreamonline.com/production/santos-paints-a-masterpiece-at-aussie-offshore-oilfield/2-1-1044330 Operator generates record production from a single well at Van Gogh field Rigs_and_Vessels Production Mon, 26 Jul 2021 05:16:21 +0200 Russell Searancke https://www.upstreamonline.com/production/santos-paints-a-masterpiece-at-aussie-offshore-oilfield/2-1-1044330 NHST Masterpiece: the Ningaloo Vision FPSO on the Van Gogh field Photo: SANTOS 2021-07-26T09:34:15Z news 2-1-1044330 En route: Sembcorp Marine delivers Tyra structures https://www.upstreamonline.com/field-development/en-route-sembcorp-marine-delivers-tyra-structures/2-1-1044287 Topsides and bridges destined for TotalEnergies’ redevelopment project offshore Denmark Field_Development Rigs_and_Vessels Energy_Transition Sun, 25 Jul 2021 19:21:39 +0200 Amanda Battersby https://www.upstreamonline.com/field-development/en-route-sembcorp-marine-delivers-tyra-structures/2-1-1044287 NHST Sailaway: Tyra topsides delivered from Sembcorp Marine's Admiralty Yard in Singapore on 25 July Photo: SEMBCORP MARINE 2021-07-26T16:41:48Z news 2-1-1044287 Exit: Shell offloading Malaysian assets - report https://www.upstreamonline.com/finance/exit-shell-offloading-malaysian-assets-report/2-1-1044282 Supermajor looking to sell stakes in Petronas-operated acreage offshore Sarawak Finance Production Sun, 25 Jul 2021 17:27:22 +0200 Amanda Battersby https://www.upstreamonline.com/finance/exit-shell-offloading-malaysian-assets-report/2-1-1044282 NHST Floated: sales process for Shell's non-operated Sarawak assets Photo: REUTERS/SCANPIX 2021-07-26T07:13:49Z news 2-1-1044282 Oil edges up on tight supply forecasts https://www.upstreamonline.com/finance/oil-edges-up-on-tight-supply-forecasts/2-1-1044226 Analysts see market remaining tight despite Opec+ supply boost Field_Development Coronavirus Finance Shale Production Politics Fri, 23 Jul 2021 22:05:22 +0200 Reuters https://www.upstreamonline.com/finance/oil-edges-up-on-tight-supply-forecasts/2-1-1044226 NHST Upward swing: Weekly gains for benchmarks after 2-3 weeks of losses Photo: AFP 2021-07-23T20:36:03Z news 2-1-1044226 US rig count inches closer to 500 https://www.upstreamonline.com/rigs-and-vessels/us-rig-count-inches-closer-to-500/2-1-1044216 Canadian drillers drop one for the week, still up 107 rigs year-over-year Field_Development Rigs_and_Vessels Finance Shale Production Fri, 23 Jul 2021 21:50:17 +0200 Jennifer Presley https://www.upstreamonline.com/rigs-and-vessels/us-rig-count-inches-closer-to-500/2-1-1044216 NHST Busy: The rig count in the Permian basin is on the rise as prices remain at appealing levels for producers Photo: REUTERS 2021-07-23T19:50:17Z news 2-1-1044216 'Encouraging recovery': Schlumberger posts profit with strong Q2 results https://www.upstreamonline.com/finance/encouraging-recovery-schlumberger-posts-profit-with-strong-q2-results/2-1-1044193 Company reported $5.6 billion in revenues for the second quarter Field_Development Rigs_and_Vessels Finance Production Exploration Fri, 23 Jul 2021 21:06:13 +0200 Mark Passwaters https://www.upstreamonline.com/finance/encouraging-recovery-schlumberger-posts-profit-with-strong-q2-results/2-1-1044193 NHST Bounce back: Schlumberger chief executive Olivier Le Peuch credited increased activity in the US and a rebound in offshore projects for its strong second quarter earnings Photo: SCHLUMBERGER 2021-07-25T19:51:14Z news 2-1-1044193 'Blue wave': Technip Energies boss expands on recent hydrogen move https://www.upstreamonline.com/hydrogen/blue-wave-technip-energies-boss-expands-on-recent-hydrogen-move/2-1-1044160 Chief executive Arnaud Pieton explains contractor's transition "blue wave" ambitions Hydrogen Fri, 23 Jul 2021 18:04:16 +0200 Iain Esau https://www.upstreamonline.com/hydrogen/blue-wave-technip-energies-boss-expands-on-recent-hydrogen-move/2-1-1044160 NHST Going blue: Technip Energies chief executive Arnaud Pieton Photo: TECHNIP ENERGIES 2021-07-23T16:04:16Z news 2-1-1044160 TechnipFMC identifies $17bn of subsea awards by mid-2023 https://www.upstreamonline.com/field-development/technipfmc-identifies-17bn-of-subsea-awards-by-mid-2023/2-1-1044045 Contractor adds five new projects to opportunity set, but stocks drops 10% amid concerns over net debt, free cash flow and market recovery Field_Development Fri, 23 Jul 2021 17:59:53 +0200 Iain Esau https://www.upstreamonline.com/field-development/technipfmc-identifies-17bn-of-subsea-awards-by-mid-2023/2-1-1044045 NHST New opportunities: TechnipFMC chief executive Doug Pferdehirt Photo: TECHNIPFMC 2021-07-23T16:13:43Z news 2-1-1044045 Schlumberger posts revenues of $5.6 billion https://www.upstreamonline.com/finance/schlumberger-posts-revenues-of-5-6-billion/2-1-1044146 Oilfield services giant posts revenues of $5.6 billion for the quarter Finance Production Fri, 23 Jul 2021 16:48:53 +0200 Mark Passwaters https://www.upstreamonline.com/finance/schlumberger-posts-revenues-of-5-6-billion/2-1-1044146 NHST Positive results: Schlumberger reported net income of $431 million for the second quarter, with growth in most regions Photo: AP/SCANPIX 2021-07-23T15:34:48Z news 2-1-1044146 Kazakh President promotes online animal sacrifice festivities https://www.upstreamonline.com/environment/kazakh-president-promotes-online-animal-sacrifice-festivities/2-1-1042487 Authorities order citizens to watch Qurban ritual on web to avoid rise in Covid-19 infections Environment Fri, 23 Jul 2021 15:19:28 +0200 Vladimir Afanasiev https://www.upstreamonline.com/environment/kazakh-president-promotes-online-animal-sacrifice-festivities/2-1-1042487 NHST Online order: Kazakhstan President Kassym-Jomart Tokayev Photo: AP/SCANPIX 2021-07-23T13:19:28Z news 2-1-1042487 Pre-salt for dummies — new book drills down on complex Brazil oil regime https://www.upstreamonline.com/exploration/pre-salt-for-dummies-new-book-drills-down-on-complex-brazil-oil-regime/2-1-1041472 Brazilian state-owned entity PPSA dissects intricate transfer of rights model Exploration Fri, 23 Jul 2021 15:19:05 +0200 Fabio Palmigiani https://www.upstreamonline.com/exploration/pre-salt-for-dummies-new-book-drills-down-on-complex-brazil-oil-regime/2-1-1041472 NHST New book: PPSA president Eduardo Gerk Photo: PPSA 2021-07-23T13:19:05Z news 2-1-1041472 Indonesian operator aims to boost capex access https://www.upstreamonline.com/finance/indonesian-operator-aims-to-boost-capex-access/2-1-1042469 Rights issue needs to be approved by shareholders Finance Fri, 23 Jul 2021 14:53:45 +0200 Russell Searancke https://www.upstreamonline.com/finance/indonesian-operator-aims-to-boost-capex-access/2-1-1042469 NHST Major development asset: Medco's Natuna Sea Block B Photo: MEDCO ENERGI 2021-07-23T12:53:45Z news 2-1-1042469 Shell starts up gas production on Barracuda project offshore Trinidad https://www.upstreamonline.com/field-development/shell-starts-up-gas-production-on-barracuda-project-offshore-trinidad/2-1-1043948 Barracuda tie-back to Dolphin platform has come on stream to boost longevity of Atlantic LNG Field_Development LNG Production Fri, 23 Jul 2021 12:44:06 +0200 Gareth Chetwynd https://www.upstreamonline.com/field-development/shell-starts-up-gas-production-on-barracuda-project-offshore-trinidad/2-1-1043948 NHST Tie-back: Shell's Dolphin platform in the East Coast Marine area of Trinidad & Tobago Photo: SHELL 2021-07-23T11:26:43Z news 2-1-1043948 Hydrogen potential of Newfoundland & Labrador is 'compelling' - report https://www.upstreamonline.com/energy-transition/hydrogen-potential-of-newfoundland-labrador-is-compelling-report/2-1-1043498 Study says Canadian province's enormous hydro, wind and gas resources could generate C$11bn in revenues annually and support 140,000 jobs Hydrogen Energy_Transition Fri, 23 Jul 2021 09:46:37 +0200 Iain Esau https://www.upstreamonline.com/energy-transition/hydrogen-potential-of-newfoundland-labrador-is-compelling-report/2-1-1043498 NHST Hydropower: the Muskrat Falls, located on the Churchill River in central Labrador, as seen before a hydro plant was built Photo: REUTERS/SCANPIX 2021-07-26T16:29:53Z news 2-1-1043498 Sinopec closes first bulk agreement on China's new national carbon market https://www.upstreamonline.com/energy-transition/sinopec-closes-first-bulk-agreement-on-chinas-new-national-carbon-market/2-1-1043798 Oil giant purchases 100,000 tonnes of carbon emission quota on world's largest emissions trading system Energy_Transition Fri, 23 Jul 2021 06:23:43 +0200 Josh Lewis https://www.upstreamonline.com/energy-transition/sinopec-closes-first-bulk-agreement-on-chinas-new-national-carbon-market/2-1-1043798 NHST Sinopec: the Chinese oil giant has completed the first bulk agreement transaction on the world's largest emission trading scheme Photo: AFP/SCANPIX 2021-07-23T04:23:43Z news 2-1-1043798 Papua New Guinea driller optimistic momentum is returning https://www.upstreamonline.com/exploration/papua-new-guinea-driller-optimistic-momentum-is-returning/2-1-1043793 Canadian company wins new contract and extends an existing one Rigs_and_Vessels Exploration Fri, 23 Jul 2021 05:01:21 +0200 Russell Searancke https://www.upstreamonline.com/exploration/papua-new-guinea-driller-optimistic-momentum-is-returning/2-1-1043793 NHST Hopeful about more of this: High Arctic Energy operating in PNG Photo: High Arctic Energy Services 2021-07-23T12:31:16Z news 2-1-1043793 Geophysical giants funded to start Sarawak offshore seismic https://www.upstreamonline.com/exploration/geophysical-giants-funded-to-start-sarawak-offshore-seismic/2-1-1043790 First phase acquisition to start in October as part of potential five-year campaign Rigs_and_Vessels Exploration Fri, 23 Jul 2021 04:28:40 +0200 Russell Searancke https://www.upstreamonline.com/exploration/geophysical-giants-funded-to-start-sarawak-offshore-seismic/2-1-1043790 NHST At sea: PGS' seismic vessel Ramform Sovereign Photo: PGS 2021-07-23T12:37:55Z news 2-1-1043790 ‘It’s time to change’: Powering up geothermal will require more collaboration, data sharing https://www.upstreamonline.com/energy-transition/-it-s-time-to-change-powering-up-geothermal-will-require-more-collaboration-data-sharing/2-1-1043185 Geothermal groups seek to unlock potential in the oil and gas workforce and from data silos to kick-start more projects Field_Development Rigs_and_Vessels Finance Environment Energy_Transition Politics Fri, 23 Jul 2021 00:42:03 +0200 Naomi Klinge https://www.upstreamonline.com/energy-transition/-it-s-time-to-change-powering-up-geothermal-will-require-more-collaboration-data-sharing/2-1-1043185 NHST Collaboration sought: Industry groups, technology providers and producers need to work together to de-risk and scale up geothermal projects in the energy transition, experts say Photo: AFP/SCANPIX 2021-07-26T16:28:27Z news 2-1-1043185 Oil up as demand recovery seen tightening supply https://www.upstreamonline.com/finance/oil-up-as-demand-recovery-seen-tightening-supply/2-1-1043774 Demand is set to outstrip supply in second half of year Field_Development Coronavirus Finance Production Politics Fri, 23 Jul 2021 00:17:23 +0200 Reuters https://www.upstreamonline.com/finance/oil-up-as-demand-recovery-seen-tightening-supply/2-1-1043774 NHST EIA: US crude inventories rise but still falling at Cushing Photo: REUTERS 2021-07-22T22:17:23Z news 2-1-1043774 Pereira steers Hibiscus into the fast lane https://www.upstreamonline.com/people/pereira-steers-hibiscus-into-the-fast-lane/2-1-1037812 Founding managing director secures 'transformative' acquisition for 10-year-old Malaysian operator People Fri, 23 Jul 2021 00:02:13 +0200 Russell Searancke https://www.upstreamonline.com/people/pereira-steers-hibiscus-into-the-fast-lane/2-1-1037812 NHST Looking ahead: Hibiscus Petroleum chief executive Ken Pereira Photo: HIBISCUS PETROLEUM 2021-07-23T01:16:41Z news 2-1-1037812 Pemex set for new shallow-water exploration push https://www.upstreamonline.com/exploration/pemex-set-for-new-shallow-water-exploration-push/2-1-1043155 Mexican operator to invest close to $100 million to search for hydrocarbons in Upper Cretaceous targets Exploration Fri, 23 Jul 2021 00:02:12 +0200 Fabio Palmigiani https://www.upstreamonline.com/exploration/pemex-set-for-new-shallow-water-exploration-push/2-1-1043155 NHST Drilling plans: Pemex chief executive Octavio Romero Oropeza Photo: REUTERS/SCANPIX 2021-07-22T22:02:12Z news 2-1-1043155 Russian PM creates hydrogen working group https://www.upstreamonline.com/energy-transition/russian-pm-creates-hydrogen-working-group/2-1-1042936 New body includes major oil and gas producers aiming to coordinate their hydrogen projects with state authorities Hydrogen Energy_Transition Fri, 23 Jul 2021 00:02:11 +0200 Vladimir Afanasiev https://www.upstreamonline.com/energy-transition/russian-pm-creates-hydrogen-working-group/2-1-1042936 NHST Hydrogen concerns: Russian Prime Minister Mikhail Mishustin signs a resolution to form a wide group of governmental and industry representatives to foster hydrogen projects Photo: SPUTNIK/AP/SCANPIX 2021-07-26T16:17:49Z news 2-1-1042936 Solberg commits to sector in election bid https://www.upstreamonline.com/exploration/solberg-commits-to-sector-in-election-bid/2-1-1042917 Prime Minister facing uphill battle for unprecedented third term Exploration Fri, 23 Jul 2021 00:02:10 +0200 Russell McCulley https://www.upstreamonline.com/exploration/solberg-commits-to-sector-in-election-bid/2-1-1042917 NHST Uphill: Norway Prime Minister Erna Solberg Photo: NTB/SCANPIX 2021-07-22T22:02:10Z news 2-1-1042917 OPINION: Permian basin producers work to get a grip on the energy transition https://www.upstreamonline.com/opinion/opinion-permian-basin-producers-work-to-get-a-grip-on-the-energy-transition/2-1-1042267 Coronavirus Opinion Finance Shale Environment Energy_Transition Politics Fri, 23 Jul 2021 00:02:09 +0200 Jennifer Presley https://www.upstreamonline.com/opinion/opinion-permian-basin-producers-work-to-get-a-grip-on-the-energy-transition/2-1-1042267 NHST Balancing act: striking a balance between climate risk and financial risk is key for the oil and gas industry Photo: REUTERS/SCANPIX 2021-07-22T22:02:09Z news 2-1-1042267 OPINION: PNG shows softer touch but P'nyang talks are crucial https://www.upstreamonline.com/opinion/opinion-png-shows-softer-touch-but-pnyang-talks-are-crucial/2-1-1041760 Opinion Fri, 23 Jul 2021 00:02:06 +0200 Russell Searancke https://www.upstreamonline.com/opinion/opinion-png-shows-softer-touch-but-pnyang-talks-are-crucial/2-1-1041760 NHST Outlook: PNG Prime Minister James Marape Photo: PNG CHAMBER OF MINES & PETROLEUM 2021-07-23T01:12:18Z news 2-1-1041760 Suriname considers LNG as route to monetise 30 Tcf of offshore gas https://www.upstreamonline.com/lng/suriname-considers-lng-as-route-to-monetise-30-tcf-of-offshore-gas/2-1-1043083 Staatsolie will assess onshore and floating LNG export options as well as supplying gas to domestic market LNG Thu, 22 Jul 2021 20:00:01 +0200 Iain Esau https://www.upstreamonline.com/lng/suriname-considers-lng-as-route-to-monetise-30-tcf-of-offshore-gas/2-1-1043083 NHST Gas focus : Brian Glover, vice president of offshore upstream at Suriname's state oil company Staatsolie Photo: STAATSOLIE 2021-07-22T18:00:48Z news 2-1-1043083 Trident Energy sets first oil date for planned Brazil floater https://www.upstreamonline.com/exclusive/trident-energy-sets-first-oil-date-for-planned-brazil-floater/2-1-1043713 UK operator to invest $1 billion to revitalise cluster of 10 mature shallow-water fields in Campos basin Exclusive Thu, 22 Jul 2021 17:23:38 +0200 Fabio Palmigiani https://www.upstreamonline.com/exclusive/trident-energy-sets-first-oil-date-for-planned-brazil-floater/2-1-1043713 NHST More oil: the PPM-1 fixed platform producing in the Pampo field offshore Brazil Photo: TRIDENT ENERGY 2021-07-23T06:36:05Z news 2-1-1043713 Going with the flow... https://www.upstreamonline.com/people/going-with-the-flow-/2-1-1041199 People Thu, 22 Jul 2021 15:39:25 +0200 https://www.upstreamonline.com/people/going-with-the-flow-/2-1-1041199 NHST Going with the flow 2021-07-22T13:39:25Z news 2-1-1041199 Seismic shift: CGG and PGS team up to target emerging CCUS industry https://www.upstreamonline.com/energy-transition/seismic-shift-cgg-and-pgs-team-up-to-target-emerging-ccus-industry/2-1-1043371 Heavyweights sign memorandum of understanding Energy_Transition Thu, 22 Jul 2021 11:24:38 +0200 Josh Lewis https://www.upstreamonline.com/energy-transition/seismic-shift-cgg-and-pgs-team-up-to-target-emerging-ccus-industry/2-1-1043371 NHST Capturing market opportunity: PGS will team up with CGG to utilise their existing seismic data to evaluate potential carbon storage sites Photo: PGS 2021-07-22T09:46:38Z news 2-1-1043371 Aramco faces $50m cyber extortion over leaked data https://www.upstreamonline.com/safety/aramco-faces-50m-cyber-extortion-over-leaked-data/2-1-1043248 Oil giant says breach involved a limited amount of company information held by contractors Safety Thu, 22 Jul 2021 11:00:53 +0200 Nishant Ugal https://www.upstreamonline.com/safety/aramco-faces-50m-cyber-extortion-over-leaked-data/2-1-1043248 NHST Data leak: Saudi Aramco chief executive Amin Nasser Photo: AFP/SCANPIX 2021-07-22T09:00:53Z news 2-1-1043248 ONGC floats tender for key offshore seismic drive https://www.upstreamonline.com/exclusive/ongc-floats-tender-for-key-offshore-seismic-drive/2-1-1042398 India's state oil company tendering for ocean-bottom node data acquisition in underdeveloped Krishna Godavari basin block Field_Development Exclusive Thu, 22 Jul 2021 11:00:48 +0200 Nishant Ugal https://www.upstreamonline.com/exclusive/ongc-floats-tender-for-key-offshore-seismic-drive/2-1-1042398 NHST Mandate: ONGC managing director Subhash Kumar Photo: ONGC 2021-07-22T10:07:05Z news 2-1-1042398 Novatek opens tenders for three more deep wells on Gydan Peninsula https://www.upstreamonline.com/exploration/novatek-opens-tenders-for-three-more-deep-wells-on-gydan-peninsula/2-1-1043145 Russian gas producer targets challenging formations to boost revenues from exports of condensate as the company has to bankroll its ambitious LNG plans Exploration Thu, 22 Jul 2021 10:28:28 +0200 Vladimir Afanasiev https://www.upstreamonline.com/exploration/novatek-opens-tenders-for-three-more-deep-wells-on-gydan-peninsula/2-1-1043145 NHST Deep bore: an Eriell-operated drilling rig on the Utrenneye field in the Gydan Peninsula in West Siberia in Russia that is operated by Arctic LNG 2 Photo: ERIELL 2021-07-22T08:28:28Z news 2-1-1043145 Shell’s Niger Delta oil-spill case to be heard in UK courts https://www.upstreamonline.com/finance/shell-s-niger-delta-oil-spill-case-to-be-heard-in-uk-courts/2-1-1043027 Claimants dispute the operator has cleaned up and remediated spills, even though sabotage is blamed Finance Environment Thu, 22 Jul 2021 10:13:42 +0200 Amanda Battersby https://www.upstreamonline.com/finance/shell-s-niger-delta-oil-spill-case-to-be-heard-in-uk-courts/2-1-1043027 NHST Spill: a man scoops spilled crude oil into a bottle from the waters of the Niger Delta swamps of Bodo, a village in Nigeria's producing Ogoniland region, which hosts Shell Petroleum Development Company (SPDC) Photo: AFP/SCANPIX 2021-07-22T08:13:42Z news 2-1-1043027 World’s first offshore green hydrogen project on working platform https://www.upstreamonline.com/hydrogen/world-s-first-offshore-green-hydrogen-project-on-working-platform/2-1-1043280 Neptune Energy will host PosHYdon project off the Netherlands Hydrogen Production Energy_Transition Thu, 22 Jul 2021 10:00:52 +0200 Amanda Battersby https://www.upstreamonline.com/hydrogen/world-s-first-offshore-green-hydrogen-project-on-working-platform/2-1-1043280 NHST Pioneer: the PosHYdon green hydrogen pilot will be installed on the Q13a-A platform. Photo: NEPTUNE ENERGY 2021-07-26T16:35:52Z news 2-1-1043280 A greener European Union must not increase inequality for the less affluent https://www.upstreamonline.com/energy-transition/a-greener-european-union-must-not-increase-inequality-for-the-less-affluent/2-1-1042057 The European Commission's Fit for 55 policy is intended to accelerate the reduction in greenhouse gas emissions, but who will bear the cost? Opinion Finance Energy_Transition Politics Thu, 22 Jul 2021 09:59:31 +0200 Amanda Battersby https://www.upstreamonline.com/energy-transition/a-greener-european-union-must-not-increase-inequality-for-the-less-affluent/2-1-1042057 NHST Green Deal: European Commission President Ursula von der Leyen unveiled the 'Fit for 55' proposals at the EU Parliament in Brussels on 14 July Photo: AFP/SCANPIX 2021-07-26T16:18:39Z news 2-1-1042057 ONGC fires starting pistol at India’s deepest offshore gas field development https://www.upstreamonline.com/exclusive/ongc-fires-starting-pistol-at-india-s-deepest-offshore-gas-field-development/2-1-1041796 Indian giant aiming for peak gas production of up to 19.5 MMcmd from Cluster 3 in Krishna Godavari basin block off country's east coast Field_Development Exclusive Thu, 22 Jul 2021 09:57:10 +0200 Nishant Ugal https://www.upstreamonline.com/exclusive/ongc-fires-starting-pistol-at-india-s-deepest-offshore-gas-field-development/2-1-1041796 NHST Deep waters: ONGC's S1 and Vashishta development in the Krishna Godavari basin Photo: ONGC 2021-07-22T09:53:30Z news 2-1-1041796 Technip Energies forecasts improved margins https://www.upstreamonline.com/finance/technip-energies-forecasts-improved-margins/2-1-1043260 Strong first half performance sees French engineering giant increase its guidance for full-year EBIT margin Finance Thu, 22 Jul 2021 09:22:23 +0200 Josh Lewis https://www.upstreamonline.com/finance/technip-energies-forecasts-improved-margins/2-1-1043260 NHST Increased margins: Technip Energies chief executive Arnaud Pieton Photo: TECHNIPFMC 2021-07-22T07:22:23Z news 2-1-1043260 Oil dips on unexpected rise in US inventories https://www.upstreamonline.com/production/oil-dips-on-unexpected-rise-in-us-inventories/2-1-1043242 Rising Covid-19 infections also weigh on demand Production Thu, 22 Jul 2021 08:13:20 +0200 Reuters https://www.upstreamonline.com/production/oil-dips-on-unexpected-rise-in-us-inventories/2-1-1043242 NHST Rising inventories: oil prices sank as US inventories rose for the first time since May Photo: AP/SCANPIX 2021-07-22T06:13:20Z news 2-1-1043242 Floating LNG: agreement to boost utilisation for Golar vessel offshore Cameroon https://www.upstreamonline.com/lng/floating-lng-agreement-to-boost-utilisation-for-golar-vessel-offshore-cameroon/2-1-1042636 Perenco and SNH in tandem drilling two to three new gas wells later this year and upgrade upstream facilities in 2022 Rigs_and_Vessels LNG Thu, 22 Jul 2021 07:37:31 +0200 Amanda Battersby https://www.upstreamonline.com/lng/floating-lng-agreement-to-boost-utilisation-for-golar-vessel-offshore-cameroon/2-1-1042636 NHST Floating LNG: Golar's Hilli Episeyo (pictured) was delivered in 2018 from Keppel Photo: GOLAR LNG 2021-07-22T06:57:31Z news 2-1-1042636 Chinese presence at Indonesian offshore drill site https://www.upstreamonline.com/exclusive/chinese-presence-at-indonesian-offshore-drill-site/2-1-1043146 Harbour Energy's appraisal drilling at the Tuna block under Beijing's scrutiny Field_Development Rigs_and_Vessels Exclusive Exploration Thu, 22 Jul 2021 07:21:57 +0200 Amanda Battersby https://www.upstreamonline.com/exclusive/chinese-presence-at-indonesian-offshore-drill-site/2-1-1043146 NHST Chartered: Noble Drilling's semi-submersible rig Noble Clyde Boudreaux was selected for the Tuna appraisal campaign Photo: NOBLE CORPORATION 2021-07-23T12:28:55Z news 2-1-1043146 Japan looks to phase out more fossil fuels with increased 2030 renewables target https://www.upstreamonline.com/energy-transition/japan-looks-to-phase-out-more-fossil-fuels-with-increased-2030-renewables-target/2-1-1043227 Draft policy reveals plans for further reductions of gas and coal in Japan's energy mix LNG Hydrogen Energy_Transition Thu, 22 Jul 2021 06:52:27 +0200 Josh Lewis https://www.upstreamonline.com/energy-transition/japan-looks-to-phase-out-more-fossil-fuels-with-increased-2030-renewables-target/2-1-1043227 NHST Phasing out fossil fuels: a new draft policy released this week shows Japan intends to further reduce the use of fossil fuels in its energy mix by 2030 Photo: REUTERS/SCANPIX 2021-07-26T16:13:29Z news 2-1-1043227 Keppel to 'vigorously defend' itself in FPSO legal fight https://www.upstreamonline.com/finance/keppel-to-vigorously-defend-itself-in-fpso-legal-fight/2-1-1043229 Unnamed claimant has issued notice of arbitration related to two FPSO contracts Rigs_and_Vessels Finance Thu, 22 Jul 2021 06:46:30 +0200 Russell Searancke https://www.upstreamonline.com/finance/keppel-to-vigorously-defend-itself-in-fpso-legal-fight/2-1-1043229 NHST Floater work: at Keppel Shipyard's yard in Singapore Photo: KEPPEL CORPORATION 2021-07-22T05:52:18Z news 2-1-1043229 ExxonMobil bides its time on large Vietnam offshore project https://www.upstreamonline.com/field-development/exxonmobil-bides-its-time-on-large-vietnam-offshore-project/2-1-1042421 US supermajor has many challenges on its hands as it tries to progress the Ca Voi Xanh scheme Field_Development Exclusive Thu, 22 Jul 2021 05:14:40 +0200 Russell Searancke https://www.upstreamonline.com/field-development/exxonmobil-bides-its-time-on-large-vietnam-offshore-project/2-1-1042421 NHST Major institution: the headquarters of PetroVietnam in Hanoi Photo: REUTERS/SCANPIX 2021-07-22T03:14:40Z news 2-1-1042421 Santos making progress at Barossa as it books record revenues https://www.upstreamonline.com/field-development/santos-making-progress-at-barossa-as-it-books-record-revenues/2-1-1043218 Strong quarter ends with Santos becoming the latest player to join the exodus of explorers from the Great Australian Bight Field_Development LNG Finance Production Thu, 22 Jul 2021 04:29:05 +0200 Josh Lewis https://www.upstreamonline.com/field-development/santos-making-progress-at-barossa-as-it-books-record-revenues/2-1-1043218 NHST Progress: the field development plan for the Barossa project in the Timor Sea Photo: SANTOS 2021-07-22T06:59:48Z news 2-1-1043218 Sapura Energy celebrates a succession of new contracts https://www.upstreamonline.com/finance/sapura-energy-celebrates-a-succession-of-new-contracts/2-1-1043213 Orders worth about $284m in its three services divisions Rigs_and_Vessels Finance Thu, 22 Jul 2021 02:21:58 +0200 Russell Searancke https://www.upstreamonline.com/finance/sapura-energy-celebrates-a-succession-of-new-contracts/2-1-1043213 NHST Crew on the Sapura Esperenza: complete a job last year offshore Brunei Photo: SAPURA ENERGY 2021-07-23T12:36:23Z news 2-1-1043213 Transocean tallies up the new contracts and extensions https://www.upstreamonline.com/rigs-and-vessels/transocean-tallies-up-the-new-contracts-and-extensions/2-1-1043211 Petrobras 10000 gets a two-year gig in Brazil, and Discoverer Inspiration a nine-well contract is the US Gulf Rigs_and_Vessels Thu, 22 Jul 2021 01:24:03 +0200 Russell Searancke https://www.upstreamonline.com/rigs-and-vessels/transocean-tallies-up-the-new-contracts-and-extensions/2-1-1043211 NHST Two-year contract: Transocean's drillship Petrobras 10000 Photo: PETROBRAS 2021-07-21T23:24:03Z news 2-1-1043211 TechnipFMC sees slight increase in Q2 revenue https://www.upstreamonline.com/finance/technipfmc-sees-slight-increase-in-q2-revenue/2-1-1043206 Backlog rises by 1.3% Field_Development Finance Production Thu, 22 Jul 2021 00:27:48 +0200 Jennifer Presley https://www.upstreamonline.com/finance/technipfmc-sees-slight-increase-in-q2-revenue/2-1-1043206 NHST Revenue up: improved second quarter for TechnipFMC Photo: EOIN O'CINNEIDE/UPSTREAM 2021-07-22T10:42:55Z news 2-1-1043206 Oil climbs more than 4% despite rise in US inventories https://www.upstreamonline.com/finance/oil-climbs-more-than-4-despite-rise-in-us-inventories/2-1-1043197 Futures rebounding for a more than 7% drop on Monday Coronavirus Finance Shale Production Politics Wed, 21 Jul 2021 21:56:46 +0200 Reuters https://www.upstreamonline.com/finance/oil-climbs-more-than-4-despite-rise-in-us-inventories/2-1-1043197 NHST Filling up: US crude stocks rise for first time since May Photo: REUTERS 2021-07-21T19:56:46Z news 2-1-1043197 Baker Hughes sees increased demand for oil and gas services into 2022 https://www.upstreamonline.com/finance/baker-hughes-sees-increased-demand-for-oil-and-gas-services-into-2022/2-1-1043149 Company reports $68 million loss, compared with $452 million in the first quarter Rigs_and_Vessels Finance Production Exploration Wed, 21 Jul 2021 17:37:02 +0200 Mark Passwaters https://www.upstreamonline.com/finance/baker-hughes-sees-increased-demand-for-oil-and-gas-services-into-2022/2-1-1043149 NHST Outlook: Baker Hughes chief executive Lorenzo Simonelli Photo: BAKER HUGHES 2021-07-21T15:46:55Z news 2-1-1043149 Scottish CCS cluster bids for UK government funds with promise of 20,000 jobs https://www.upstreamonline.com/hydrogen/scottish-ccs-cluster-bids-for-uk-government-funds-with-promise-of-20-000-jobs/2-1-1039112 Storegga's Acorn CCS and hydrogen project is crucial to the Scottish Cluster bid for government money that underpins mid-2020s start-up Hydrogen Energy_Transition Wed, 21 Jul 2021 16:40:40 +0200 Iain Esau https://www.upstreamonline.com/hydrogen/scottish-ccs-cluster-bids-for-uk-government-funds-with-promise-of-20-000-jobs/2-1-1039112 NHST Capturing emissions: carbon dioxide produced at the Grangemouth industrial complex in Scotland is set to be captured by Storegga's Acorn project - the heart of the Scottish Cluster Photo: INEOS 2021-07-23T03:03:59Z news 2-1-1039112 Back in the race: Excelerate submits new bid for Brazil LNG terminal https://www.upstreamonline.com/lng/back-in-the-race-excelerate-submits-new-bid-for-brazil-lng-terminal/2-1-1043101 Brazil's Petrobras allows US-based company to present revamped offer to lease Bahia regasification facility LNG Wed, 21 Jul 2021 15:26:12 +0200 Fabio Palmigiani https://www.upstreamonline.com/lng/back-in-the-race-excelerate-submits-new-bid-for-brazil-lng-terminal/2-1-1043101 NHST Second chance: the Bahia LNG regasification terminal in Brazil Photo: PETROBRAS 2021-07-21T13:26:12Z news 2-1-1043101 TotalEnergies and Technip Energies join forces to decarbonise LNG and offshore facilities https://www.upstreamonline.com/energy-transition/totalenergies-and-technip-energies-join-forces-to-decarbonise-lng-and-offshore-facilities/2-1-1043021 Technical cooperation agreement will see players focus on four key areas Energy_Transition Wed, 21 Jul 2021 15:23:13 +0200 Iain Esau https://www.upstreamonline.com/energy-transition/totalenergies-and-technip-energies-join-forces-to-decarbonise-lng-and-offshore-facilities/2-1-1043021 NHST Done deal: TotalEnergies president for exploration and production Arnaud Breuillac (pictured) has signed deal with Technip Energies chief executive Arnaud Pieton Photo: TOTALENERGIES 2021-07-26T16:23:04Z news 2-1-1043021 Repsol to fast-track Mexico project to first oil via FPSO https://www.upstreamonline.com/field-development/repsol-to-fast-track-mexico-project-to-first-oil-via-fpso/2-1-1042999 Executive at Spanish major outlines development plan for Polok and Chitwol discoveries Field_Development Wed, 21 Jul 2021 15:04:44 +0200 Iain Esau https://www.upstreamonline.com/field-development/repsol-to-fast-track-mexico-project-to-first-oil-via-fpso/2-1-1042999 NHST Drilling ahead: the Stena IceMax is on location at Repsol's Chak-1 exploration probe offshore Mexico and will next mobilise to drill the company's Polok-2 appraisal well. Photo: STENA DRILLING 2021-07-21T16:27:08Z news 2-1-1042999 PTTEP eyes CCS platform for Malaysian giant gas project https://www.upstreamonline.com/exclusive/pttep-eyes-ccs-platform-for-malaysian-giant-gas-project/2-1-1042706 Golok field would host new platform as part of the operator's Lang Lebah offshore field development Field_Development Exclusive Energy_Transition Wed, 21 Jul 2021 13:06:27 +0200 Amanda Battersby https://www.upstreamonline.com/exclusive/pttep-eyes-ccs-platform-for-malaysian-giant-gas-project/2-1-1042706 NHST Reserves boost: PTTEP's successful Lang Lebah-2 appraisal well offshore Sarawak, Malaysia, was drilled by the jack-up Borr Saga Photo: PTTEP 2021-07-21T11:06:27Z news 2-1-1042706 UK rhetoric outpaces reality https://www.upstreamonline.com/energy-transition/uk-rhetoric-outpaces-reality/2-1-1042698 Prime Minister Boris Johnson sees UN's COP26 as a chance to celebrate UK’s 'green revolution', but tough decisions lie ahead Opinion Energy_Transition Wed, 21 Jul 2021 12:26:47 +0200 Editorial https://www.upstreamonline.com/energy-transition/uk-rhetoric-outpaces-reality/2-1-1042698 NHST Greening the UK: UK Prime Minister Boris Johnson (right) visits the Scottish Power Carland Cross Windfarm in Newquay, England. Photo: AP/SCANPIX 2021-07-26T16:40:43Z news 2-1-1042698 Electrical problems on Tolmount platform derail start-up plan https://www.upstreamonline.com/field-development/electrical-problems-on-tolmount-platform-derail-start-up-plan/2-1-1042868 Operator Harbour Energy says first gas not expected until the end of the year Field_Development Finance Production Wed, 21 Jul 2021 12:05:37 +0200 Amanda Battersby https://www.upstreamonline.com/field-development/electrical-problems-on-tolmount-platform-derail-start-up-plan/2-1-1042868 NHST En route: the Tolmount platform has since been installed at the field offshore the UK Photo: PREMIER OIL 2021-07-21T10:05:37Z news 2-1-1042868 Equinor partners with RES and Green Giraffe for French floating wind bid https://www.upstreamonline.com/energy-transition/equinor-partners-with-res-and-green-giraffe-for-french-floating-wind-bid/2-1-1042824 Norwegian energy giant ramps up floating wind ambitions as Paris eyes deep-water wind to bolster 6.8GW 2028 target Energy_Transition Wed, 21 Jul 2021 09:28:53 +0200 Darius Snieckus https://www.upstreamonline.com/energy-transition/equinor-partners-with-res-and-green-giraffe-for-french-floating-wind-bid/2-1-1042824 NHST Floating wind bid: Equinor is partnering with RES and Green Giraffe in France's upcoming floating wind tenders Photo: AFP/SCANPIX 2021-07-21T07:28:53Z news 2-1-1042824 Woodside joins Japanese players to study shipping ammonia fuel from Australia to Japan https://www.upstreamonline.com/hydrogen/woodside-joins-japanese-players-to-study-shipping-ammonia-fuel-from-australia-to-japan/2-1-1042809 Ammonia produced from blue hydrogen could help Japan in its drive towards carbon neutrality Hydrogen Energy_Transition Wed, 21 Jul 2021 09:03:35 +0200 Josh Lewis https://www.upstreamonline.com/hydrogen/woodside-joins-japanese-players-to-study-shipping-ammonia-fuel-from-australia-to-japan/2-1-1042809 NHST Woodside: the Australian company is exploring the potential of using its vast gas reserves to create blue ammonia for export to Japan Photo: WOODSIDE PETROLEUM 2021-07-21T16:33:11Z news 2-1-1042809 Hyundai wage row is settled https://www.upstreamonline.com/finance/hyundai-wage-row-is-settled/2-1-1042452 South Korean offshore and marine contractor to set aside $113 million, with each worker to receive $15,000-plus Rigs_and_Vessels Finance Wed, 21 Jul 2021 08:25:35 +0200 Amanda Battersby https://www.upstreamonline.com/finance/hyundai-wage-row-is-settled/2-1-1042452 NHST Settlement: unionised workers at Hyundai Heavy Industries' Ulsan yard agree to wage deal Photo: HYUNDAI HEAVY INDUSTRIES 2021-07-21T15:31:46Z news 2-1-1042452 State-run giant plans to build India's first green hydrogen plant https://www.upstreamonline.com/hydrogen/state-run-giant-plans-to-build-indias-first-green-hydrogen-plant/2-1-1042797 Production will be used to process crude oil at refinery in India's north Hydrogen Energy_Transition Wed, 21 Jul 2021 08:05:06 +0200 Josh Lewis https://www.upstreamonline.com/hydrogen/state-run-giant-plans-to-build-indias-first-green-hydrogen-plant/2-1-1042797 NHST India: IOC is planning to build the nation's first green hydrogen facility Photo: REUTERS/SCANPIX 2021-07-21T15:59:07Z news 2-1-1042797 China launches world's largest emissions trading system https://www.upstreamonline.com/energy-transition/china-launches-worlds-largest-emissions-trading-system/2-1-1042772 Scheme expected to play a key role in meeting China's climate ambitions, but critics warn it could have little impact in the near term Environment Energy_Transition Politics Wed, 21 Jul 2021 07:26:59 +0200 Josh Lewis https://www.upstreamonline.com/energy-transition/china-launches-worlds-largest-emissions-trading-system/2-1-1042772 NHST On the road to net zero: China has launched the world's largest emissions trading scheme but it could have little impact in the near-term Photo: AP/SCANPIX 2021-07-26T09:54:58Z news 2-1-1042772 PTTEP brings deep-water drillship into Malaysia https://www.upstreamonline.com/rigs-and-vessels/pttep-brings-deep-water-drillship-into-malaysia/2-1-1042773 Thai operator has six-month contract for use of the Seadrill-operated drillship West Capella Rigs_and_Vessels Production Wed, 21 Jul 2021 06:31:17 +0200 Russell Searancke https://www.upstreamonline.com/rigs-and-vessels/pttep-brings-deep-water-drillship-into-malaysia/2-1-1042773 NHST On call: the drillship West Capella, during sea trials in South Korea in 2008 Photo: SEADRILL 2021-07-21T08:17:33Z news 2-1-1042773 Aussie operator Beach busy with multiple projects https://www.upstreamonline.com/field-development/aussie-operator-beach-busy-with-multiple-projects/2-1-1042766 Company has significant offshore and onshore field developments under way Field_Development Rigs_and_Vessels Wed, 21 Jul 2021 05:24:04 +0200 Russell Searancke https://www.upstreamonline.com/field-development/aussie-operator-beach-busy-with-multiple-projects/2-1-1042766 NHST On site: Beach's Thylacine platform in the Otway basin Photo: BEACH ENERGY 2021-07-21T08:04:41Z news 2-1-1042766