Overview page containing news articles

Oil

List of the highlighted articles

Posted: about 1 month ago

Norwegian oil output in May above expectations

Norwegian oil production has been above predictions made by the Norwegian Petroleum Directorate (NPD...

Categories:
  • Exploration & Production
Posted: about 1 month ago
Posted: about 1 month ago

OPEC pushes for full conformity in oil output cuts over next three months

OPEC’s Joint Ministerial Monitoring Committee (JMMC) has made assurances of achieving 100 per cent c...

Categories:
  • Exploration & Production
Posted: about 1 month ago
Posted: about 1 month ago

Equinor gears up for pilot hole in North Sea

Equinor has received consent from the Petroleum Safety Authority (PSA) for exploration drilling in t...

Categories:
  • Exploration & Production
Posted: about 1 month ago
Posted: about 1 month ago

Rystad: Oilfield services demand to drop by 25 per cent due to Covid-19 downturn

The Covid-19-caused downturn is set to cause a 25 per cent yearly drop in global demand for oilfield...

Categories:
  • Market outlooks
Posted: about 1 month ago
Posted: about 1 month ago

Shelf Drilling hit by another early termination of jack-up contract

Shelf Drilling has received an early termination of a drilling contract for a jack-up rig operating ...

Categories:
  • Business & Finance
Posted: about 1 month ago
Posted: about 1 month ago

Norway launches APA 2020 offshore licensing round

The Norwegian Ministry of Petroleum and Energy announced the APA 2020 licensing round on Friday, com...

Categories:
  • Authorities & Government
Posted: about 1 month ago
Posted: about 1 month ago

Rystad: 282 billion barrels to stay in the ground as Covid-19 hastens peak oil

In its global energy outlook, Rystad Energy revealed that the Covid-19 downturn will expedite peak o...

Categories:
  • Market outlooks
Posted: about 1 month ago
Posted: about 1 month ago

Cheiron sees first oil from appraisal well offshore Egypt

PICO GoS Limited, a Cheiron Group company, has achieved the first oil production from its appraisal ...

Categories:
  • Exploration & Production
Posted: about 1 month ago
Posted: about 1 month ago

Triangle shuts in production from two Cliff Head wells

Australia-based oil producer Triangle Energy has shut-in production from two wells on its Cliff Head...

Categories:
  • Exploration & Production
Posted: about 1 month ago
Posted: about 1 month ago

Neptune Energy set to spud Dugong well in North Sea

Neptune Energy will start drilling the Dugong well, located in the North Sea offshore Norway, by 19 ...

Categories:
  • Exploration & Production
Posted: about 1 month ago
Posted: about 1 month ago

Williams to provide tie back for LLOG’s Gulf of Mexico project

Williams has reached a tie-back agreement with LLOG Exploration Offshore (LLOG) to provide offshore ...

Categories:
  • Project & Tenders
Posted: about 1 month ago
Posted: about 1 month ago

Wintershall Dea cleared to use Dvalin facilities

German oil and gas company Wintershall Dea has received consent from Norway’s offshore safety body, ...

Categories:
  • Safety
Posted: about 1 month ago
Posted: about 1 month ago

Equinor gets drilling permit for two North Sea wells

The Norwegian Petroleum Directorate has granted Equinor a drilling permit for two wells located in t...

Categories:
  • Exploration & Production
Posted: about 1 month ago
Posted: about 1 month ago

Aker BP picks PG Flow pump systems for new Hod platform

Norwegian oil and gas company Aker BP has awarded PG Flow Solutions a contract to supply several pum...

Categories:
  • Equipment
Posted: about 1 month ago
Posted: about 1 month ago

Maersk Supply Service sheds two anchor handlers due to oversupply in OSV market

Maersk Supply Service has sold two of its older AHTS vessels due to the current market situation and...

Categories:
  • Vessels
Posted: about 1 month ago
Posted: about 1 month ago

Wintershall Noordzee starts gas production from second Sillimanite well

Wintershall Noordzee, a joint venture of Wintershall Dea and Gazprom, has started gas production fro...

Categories:
  • Exploration & Production
Posted: about 1 month ago
Posted: about 1 month ago

Maersk Drilling enters project for CO2 storage beneath the seabed offshore Denmark

Danish offshore drilling contractor Maersk Drilling is joining a­ new CO2 storage consortium formed ...

Categories:
  • Transition
Posted: about 1 month ago
Posted: about 1 month ago

Santos’ Keraudren seismic survey ‘very encouraging’

Oil company Santos has completed fast track interpretation of the data acquired during the Keraudren...

Categories:
  • Project & Tenders
Posted: about 1 month ago
Posted: about 1 month ago

DOF anchor handler trio scores Petrobras deals

Norwegian vessel provider DOF has won several contracts for its fleet in Brazil from the country’s o...

Categories:
  • Business & Finance
Posted: about 1 month ago
Posted: about 1 month ago

Solstad Offshore secures 3-year deal for AHTS duo in Brazil

Norwegian vessel owner Solstad Offshore has won a contract for two of its anchor handling tug supply...

Categories:
  • Vessels
Posted: about 1 month ago
Posted: about 1 month ago

Mubadala adds extra development well to Manora campaign

Mubadala Petroleum has added another development well to its Manora drilling campaign in the Gulf of...

Categories:
  • Exploration & Production
Posted: about 1 month ago
Posted: about 1 month ago

NHV pens aviation services extension with Ithaca Energy

Offshore helicopter operator NHV Group has won an extension with Ithaca Energy to provide aviation s...

Categories:
  • Business & Finance
Posted: about 1 month ago
Posted: about 1 month ago

NOPSEMA looking at BHP’s Crosby light well intervention plan

Australia’s National Offshore Petroleum Safety and Environmental Management Authority (NOPSEMA...

Categories:
  • Authorities & Government
Posted: about 1 month ago
Posted: about 1 month ago

APPO, take action – oil and gas year is not lost, AEC says

The African Energy Chamber (AEC), a chamber of networks, transactions, and partnerships at the foref...

Categories:
  • Business & Finance
Posted: about 1 month ago
  • long read
Posted: about 1 month ago

BP assets to take up to $17.5 billion hit as it lowers oil price forecast

Oil giant BP is expecting massive reductions to asset values during the second quarter of 2020 as a ...

Categories:
  • Business & Finance
Posted: about 1 month ago
Posted: about 1 month ago

Saudi Aramco suspends Shelf Drilling jack-up rig charter

Saudi Arabian oil and gas giant Saudi Aramco has suspended its contract for the Shelf Drilling-owned...

Categories:
  • Business & Finance
Posted: about 1 month ago