Upstream
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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BP starts gas production from Qattameya field
BP has started gas production from its latest development ‎offshore Egypt – the Qattameya gas field in the North Damietta...
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Groundbreaking new app details every energy resource in the North Sea
A new interactive mapping application that reveals the location of every energy-related site in the UK Continental Shelf (UKCS) is...
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CGG wins Offshore Malaysia seismic reprocessing contracts from PTTEP
PARIS - Subsurface Imaging, part of CGG’s Geoscience division, has been awarded two large-scale complex seismic reprocessing contracts by PTTEP....
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EIA projects $43 oil, flat U.S. production in the first half of 2021
The U.S. Energy Information Administration reported that a record 12.9 million barrels per day (bpd) of crude oil was produced...
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Saudi Arabia sets its sights on hydrogen export leadership
The world’s biggest oil exporter has set its sights on also becoming the largest supplier of hydrogen, a fuel seen...
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UK oil and gas sector confidence plunges to record lows
Reduced activity levels, project cancellations and workforce cuts as a result of the coronavirus pandemic have slashed business confidence across...
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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.