Aker Energy has postponed the development of its Pecan field, located offshore Ghana. As a result, Aker Energy terminated its agreement with Yinson for the provision of an FPSO for the project.
MSC develops Suspension of Transit container shipping programme to prepare for after COVID-19 demand recovery.
Global schedule reliability of liner shipping companies dropped to the lowest recorded level since 2011.
Aker Energy has postponed the development of its Pecan field, located offshore Ghana. As a result, Aker Energy terminated its agreement with Yinson for the provision of an FPSO for the project.
The worldwide natural gas sector has been impacted by a “triple whammy” of coronavirus, oil price crash and LNG oversupply, the consultancy Wood Mackenzie said in a report on Wednesday. “While the collapse of LNG prices towards US production break-evens was foreseeable, the narrative for the rest of
ITF Seafarers’ Trust launching a USD 1.23 million fund to address the impact of the pandemic on seafarers.
Under Rystad Energy’s updated base case scenario of $34 per barrel in 2020 and $44 per barrel in 2021, global capital expenditure for exploration & production firms is expected to drop by up to $100 billion this year, about 17% versus 2019 levels.
Under Rystad Energy’s updated base case scenario of $34 per barrel in 2020 and $44 per barrel in 2021, global capital expenditure for E&P firms is expected to drop by up to $100 billion this year, about 17% versus 2019 levels.
Cortez Subsea has strengthened its pipeline engineering capabilities with the formation of a new team in Cairo. Six staff members have joined the company to deliver work globally. Among the new recruits is Mohamad Fathy who heads up the team. “I am thrilled to have the opportunity to help deliver op
Cortez Subsea has strengthened its pipeline engineering capabilities with the formation of a new team in Cairo. Six staff members have joined the company to deliver work globally. Among the new recruits is Mohamad Fathy who heads up the team. “I am thrilled to have the opportunity to help deliver op
Oil and gas company Tower Resources has delayed the completion date for its Thali PSC farm-out over coronavirus pandemic but still hopes to start drilling the Njom-3 well before mid-September.
Australian FAR Limited has reached a settlement with compatriot Woodside related to Woodside’s entry into the Sangomar project, located offshore Senegal.
