Upstream
Westmount Energy announces commencement of drilling operations at Canje Block, Guyana
Westmount Energy has noted the announcement by the Maritime Administration Department, Guyana, that the Stena Carron drillship will commence drilling...
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Saudi Arabia takes steps to lead the $700B global hydrogen market
Sun-scorched expanses and steady Red Sea breezes make the northwest tip of Saudi Arabia prime real estate for what the...
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Maersk Drilling secures one-well contract to reactivate Maersk Resolute
Maersk Resolute to perform well maintenance and drill a side-track of the A9 well at the P9 Horizon field in...
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THREE60 Energy awarded first international duty holder contract for Galoc Field FPSO
THREE60 Energy, the global energy services group, has been awarded a multi-million pound contract for the provision of Duty Holder...
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Akselos and Shell sign framework agreement on digital twin technology
Swiss company Akselos and oil major Shell have signed a three-year enterprise framework agreement for the use of Akselos’ structural...
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Fugro to offer positioning services for Petronas Suriname drilling campaign
Dutch offshore services company Fugro has secured a contract from Malaysian oil firm Petronas to provide positioning services for an...
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Asia Pacific upstream transactions plunge to lowest this century
Wood Mackenzie’s latest analysis shows 2020 is on track to be the quietest year for upstream transactions in the Asia...
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Italy’s largest pipeline firm continues push into hydrogen tech
Italy’s Snam SpA agreed to buy 33% of electrochemical tech firm Industrie De Nora SpA as part of its expansion...
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FutureOn advances next generation of digital twin solutions for oil and gas
FutureOn has secured an investment from the Bentley Acceleration Fund and established a strategic partnership with US-based Bentley Systems to...
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Oil production costs reach new lows boosting deepwater prospects
A Rystad Energy analysis of oil production costs has revealed that the average breakeven price for all unsanctioned projects has...
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Oil and Gas Advancement is an information centric knowledge sharing platform focused on the latest news in the B2B oil and gas sector bringing to our audiences B2B updates on upstream, downstream, pipeline and transport categories providing information on the latest projects and developments.