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Thursday, 14 December 2017 08:18

WoodMac: Upstream CAPEX to grow in 2018

Believing that major spending cuts are over, Wood Mackenzie expects global upstream capital expenditures to grow slightly in 2018 to…
Monday, 30 October 2017 00:00

Decom dollars

More than 700 offshore fields are expected to cease production in the next five years, according to forecasts. Elaine Maslin…
Published in OE: 2017 / November
Sunday, 01 October 2017 00:00

Still in the game

Is deepwater still relevant? Shell thinks so, from optimizing its existing production to new projects. But when will the tap…
Published in OE: 2017 / October
Thursday, 07 September 2017 04:37

OE17: We have big data - let's use it

Upstream has fallen behind its “poor cousin” downstream in terms of performance, according to Simon Flowers, Chairman, Energy and Chief…
Wednesday, 06 September 2017 03:03

OE17: Deepwater deflation - for how long?

Global deepwater oil and gas development has been plagued for a decade by cost creep in equipment and services. Some…
Friday, 01 September 2017 00:00

Getting heavy

Elaine Maslin surveys some of the heavy oil field developments in the UK Continental Shelf, plus some of the technology…
Published in OE: 2017 / September
Friday, 01 September 2017 00:00

An uncertain outlook

Production is increasing in the UK North Sea as investments made up to 2014 come onstream. But what’s next? Elaine…
Published in OE: 2017 / September
Wednesday, 16 August 2017 14:36

US Lease Sale 249 reaches US$121 million

The US Bureau of Ocean Management's (BOEM) Lease Sale 249 brought in high bids of US$121 million from 27 companies…
Tuesday, 01 August 2017 00:00

Weathering the storm

Infield Systems’ Catarina Podevyn surveys the FPSO market and discusses recent projects awards. The John Evans Atta Mills MV25 FPSO,…
Published in OE: 2017 / August
Monday, 31 July 2017 13:23

Cut price optimism

Cost cutting could help push more final investments decisions through this year, giving industry sight of some much-needed work. Steve…
Published in OE Exclusive
Tuesday, 11 July 2017 02:53

Increase in FIDs offer signs of recovery

The number of upstream projects reaching final investment decision (FID) in 2017 could double to 25 compared to only 12…
Published in OE Press: 2017 / July
Tuesday, 20 June 2017 15:37

Statoil gets go-ahead for Njord, Bauge

Norwegian authorities have approved Statoil’s estimated US$2.3 billion (NOK20 billion) plan of development and operation (PDO) for the Njord and…
Published in OE Daily: 2017 / June
Monday, 19 June 2017 09:03

Mexico's Round 2.1 awards 10 blocks

Mexico is celebrating its successful shallow water round, Round 2.1, which has awarded 10 of 15 blocks in the Gulf…
Published in OE Daily: 2017 / June
Monday, 19 June 2017 09:00

WoodMac unveils energy outlook to 2035

Wood Mackenzie recently published a comparison of Wood Mackenzie’s Energy View to 2035, versus similar outlooks published by the International…
Published in OE Press: 2017 / June
Renewable energy sources are set to radically reshape global energy markets, says Wood Mackenzie (WoodMac). For the majors, this poses…
Published in OE Press: 2017 / June
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