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Report: Global FPSO deployment to be hit by spending cuts in upstream sector

2016-08-12 01:00:00| Offshore Technology

The persistent fall in crude oil prices is set to affect investments in offshore projects resulting in delays in the start of planned floating production, storage and offloading units (FPSOs), says a GlobalData report.

Tags: report global hit sector

 

Devon Energy to sell $1bn non-core upstream assets in US

2016-06-06 01:00:00| Hydrocarbons Technology

Devon Energy has signed agreements with undisclosed parties to sell nearly $1bn of non-core upstream assets in east Texas in the US, the Anadarko Basin and a royalty interest in the northern Midland Basin.

Tags: us sell energy assets

 
 

Upstream PS to support Origin Energys $18bn APLNG project in Queensland

2016-05-10 01:00:00| Hydrocarbons Technology

Upstream Production Solutions (Upstream PS), a wholly-owned subsidiary of GR Engineering Services, has signed an agreement to support Origin Energys A$24.7bn ($18bn) Australia Pacific LNG project in the Surat Basin, South Western Queensland.

Tags: support project origin queensland

 

Accenture, Microsoft release 5th upstream digital trends survey

2016-04-09 20:00:00| Oil IT Journal - www.oilit.com

IT spend remains strong(ish), on mobile, IoT and the cloud. But where did cyber security go?

Tags: digital release microsoft survey

 

OspreyData's Hadoop for the upstream

2016-04-09 20:00:00| Oil IT Journal - www.oilit.com

CTO Al Brown blogs on HortonWorks-based 'agile' big data solution for oil and gas.

Tags: upstream hadoop

 

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