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Posted: over 2 years ago
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Global Oil Event 2018: Place of oil in future energy mix

Offshore Energy Exhibition & Conference 2018 featured the Global Oil Event. This event discussed...

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  • Business & Finance
Posted: over 2 years ago
Posted: over 2 years ago

ExxonMobil shaves $10 billion off capex

Oil major ExxonMobil is reducing its 2020 capital spending by 30 percent and lowering cash operating...

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  • Business developments & projects
Posted: over 2 years ago
Posted: over 2 years ago

OPEC and OPEC+ to end oil price

The African Energy Chamber, a chamber of networks, transactions, and partnerships at the helm of Afr...

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  • Business & Finance
Posted: over 2 years ago
Posted: over 2 years ago

Total sheds $400 million worth of assets

In line with its objective to divest $5 billion during 2019-2020, Total is pursuing the divestments ...

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  • Business developments & projects
Posted: over 2 years ago
Posted: over 2 years ago

Wintershall Dea strikes oil close to Maria field

Oil and gas company Wintershall Dea Norge has made an oil discovery near the Maria field in the Norw...

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  • Exploration & Production
Posted: over 2 years ago
Posted: over 2 years ago

NOPSEMA assessing Santos' plan for Ningaloo Vision FPSO

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

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  • Regulation & policy
Posted: over 2 years ago
Posted: over 2 years ago

Global Petroleum to license Namibia seismic data

Oil and gas company Global Petroleum has agreed to license pre-existing 3D seismic data in its 2011A...

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  • Exploration & Production
Posted: over 2 years ago
Posted: over 2 years ago

GALLERY: World's largest crane vessel lifts Equinor module

The world’s largest semi-submersible crane vessel, Heerema’s Sleipnir, has lifted a modu...

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  • Heavy lifting
Posted: over 2 years ago
Posted: over 2 years ago

Equinor finds oil in first operated Gulf of Mexico well since 2015

Norwegian oil major Equinor has encountered oil in the Monument exploration well in the U.S. Gulf of...

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  • Exploration & Production
Posted: over 2 years ago
Posted: over 2 years ago

Petrofac to reduce its headcount by 20 pct in response to coronavirus crisis

Petrofac is joining other providers in actions responding to the unprecedented market conditions. As...

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  • Business developments & projects
Posted: over 2 years ago
Posted: over 2 years ago

Otto: Low price environment anything but “business as usual"

Australia-based oil and gas company Otto Energy has taken measures to mitigate the effects of the lo...

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  • Market outlooks
Posted: over 2 years ago
Posted: over 2 years ago

Triangle awards Cliff Head maintenance job to Upstream PS

Upstream PS, a wholly-owned subsidiary of GR Engineering Services, has entered into a three-year con...

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  • Project & Tenders
Posted: over 2 years ago
Posted: over 2 years ago

Petrobras hits new oil discovery in Brazil's pre-salt area

Brazilian oil and gas giant Petrobras has identified the presence of oil in the pioneer well of the ...

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  • Exploration & Production
Posted: over 2 years ago
Posted: over 2 years ago

Brazil suspends oil & gas bidding round due to coronavirus

Brazilian oil and gas regulator ANP has temporarily suspended the country’s 17th Bidding Round...

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  • Exploration & Production
Posted: over 2 years ago
Posted: over 2 years ago

Massive supply-demand imbalance is upon us

Saudi Arabia’s decision to flood the market with crude oil at a time when demand is in doldrums amid...

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  • Business & Finance
Posted: over 2 years ago
Posted: over 2 years ago

Not much wiggle room to cut supply chain costs in 2020 downturn, Rystad says

In the downturn of 2020, global exploration & production operators will only be able to cut supp...

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  • Outlook & strategy
Posted: over 2 years ago
Posted: over 2 years ago

Triangle Energy in cost-cutting efforts amid oil price slump

stralia-based Triangle Energy has joined many other oil and gas companies in efforts to preserve fin...

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  • Exploration & Production
Posted: over 2 years ago
Posted: over 2 years ago

Energean and Edison agree to exclude Algerian assets from E&P deal

Energean Oil and Gas and Edison have agreed to exclude Edison E&P’s Algeria assets from th...

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  • Business developments & projects
Posted: over 2 years ago
Posted: over 2 years ago

Tullow identifies further cost savings

Tullow Oil has identified further cost savings while its lenders have approved its credit facility w...

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  • Business & Finance
Posted: over 2 years ago
Posted: over 2 years ago

Energean Power FPSO hull heads to Singapore

A hull for the Energean-owned Energean Power FPSO sailed away from the COSCO yard in China on Thursd...

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  • Project & Tenders
Posted: over 2 years ago
Posted: over 2 years ago

Oil price drop pushes Lekoil into cost-cutting mode

Africa-focused oil and gas company Lekoil has approved the immediate and accelerated implementation ...

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  • Outlook & strategy
Posted: over 2 years ago
Posted: over 2 years ago

Petronas hires second Alam Maritim AHTS this year

Malaysian offshore support vessels and subsea services provider Alam Maritim Resources has been awar...

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  • Business & Finance
Posted: over 2 years ago
Posted: over 2 years ago

Apache in second oil discovery off Suriname

Oil and gas company Apache Corporation has made a ‘significant oil discovery’ at the Sap...

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  • Exploration & Production
Posted: over 2 years ago
Posted: over 2 years ago

Yinson hit with FPSO deal termination after Aker Energy defers Pecan project

Aker Energy has postponed the development of its Pecan field, located offshore Ghana. As a result, A...

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  • Business & Finance
Posted: over 2 years ago
Posted: over 2 years ago

BP to reduce spending in response to volatile market but no job cuts in next three months

BP has underlined there will be no layoffs in the next three months as a result of coronavirus cost-...

Categories:
  • Outlook & strategy
Posted: over 2 years ago