Tag: upstream
Eni starts gas production from Merakes East field
Eni has commenced production at the Merakes East field offshore Indonesia, delivering up to 100 MMSCFD. The subsea tieback to the Jangkrik FPU supports gas supply to the Bontang LNG plant and domestic markets. This follows a two-year fast-track development post-FID.
mecorad expands its business in the United States
mecorad has registered its business in the United States.
The idea to enter the American and Canadian market has developed and was planned over the...
Upstream oil and gas: where next?
There is good news and bad news in the oil and gas patch. The bad news is that oil and gas companies face multiple uncertainties due to Covid, the ecological crisis and the need to transition toa zero-carbon future.
Upstream sector led oil and gas M&A deals in 2019
The upstream sector accounted for the bulk of mergers and acquisitions (M&A) in the global oil and gas industry in 2019, generating some high-value transactions during the process.
Oil firms plan large African investments
The world's "big five" energy companies – Total, Chevron Texaco, Exxon Mobil, Shell and BP – are all set to continue to play a major role on the African continent.