Tag: Upstream

Petrofac wins contract with Bapco Upstream for Bahrain manufacturing

Petrofac has been awarded a multi-million-dollar, two-year contract by Bapco Upstream (previously Tatweer Petroleum) to additional improve its manufacturing in Bahrain. Petrofac will help Bapco Upstream’s manufacturing plans, to satisfy fuel calls for for the Kingdom, by...

ADNOC and AIQ to deploy AI resolution that may enhance upstream operations

(WO) – ADNOC introduced right this moment the deployment of AIQ’s Superior Reservoir 360 (AR360) resolution on greater than 30 reservoirs throughout ADNOC’s upstream operations, following the answer’s profitable preliminary deployment in early...

TotalEnergies strengthens U.S. upstream portfolio with Eagle Ford pure gasoline acquisition

(WO) – TotalEnergies has signed an settlement with Lewis Vitality Group to amass a forty five% curiosity in dry gasoline producing belongings owned and operated by Lewis Vitality Group within the Eagle Ford...

Shell ending upstream operations in California with sale of Aera Energy stake

Shell Offshore Inc., a subsidiary of Shell plc, will sell its 100% interest in Shell Onshore Ventures LLC to IKAV for about $2 billion, the company announced. Shell Onshore Ventures holds a 51.8% membership...

Petronas exploring $3 billion African upstream asset sale

(Bloomberg) — Malaysian state oil company Petroliam Nasional Bhd. has started inviting bids for its upstream assets in Africa, which could fetch as much as $3 billion, people with knowledge of the matter...

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