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Upstream news

UAE fund eyes stake in Gazprom Neft unit

Abu Dhabi’s Mubadala national wealth fund is reportedly nearing a deal to invest in a Gazprom Neft subsidiary based in Western Siberia.


Frontera Resources: T-45 update

T-45, the first well of current three well drilling programme at the Taribani Complex of Block 12 in Georgia, has now been drilled to a target depth of 2700 m, in the Eldari Formation.


OGIC observes increased confidence in North Sea emerging technologies

Over the past year, the Oil & Gas Innovation Centre (OGIC) has seen a growing appetite from companies looking to invest in the development of emerging technologies, as North Sea operators continue to demonstrate the benefits of technology-led solutions in response to the economic downturn.


Zion Oil and Gas encounters oil

Zion Oil & Gas, Inc. announces that during the current open hole wireline logging and subsequent reaming (cleaning the well bore) operations, Zion encountered free-flowing hydrocarbons while circulating drilling mud.


Tendeka and KOC pen partnership

Tendeka has been awarded a project to supply the Kuwait Oil Co. (KOC) with its Inflow Control Device (ICD) technology, which will enhance production through more effective reservoir management.