Hibiscus Petroleum has completed the St Joseph minor sands infill and major sands redevelopment infill drilling campaign.
The Covid-19 pandemic and energy transition are expected to expedite peak oil demand to 2028 and cut demand levels to 102 million bpd, according to Rystad Energy.
Oil and gas company CNOOC Limited has started production from the Liuhua 29-1 gas field in the South China Sea.
Offshore drilling contractor Dolphin Drilling has secured a new combined contract with Norwegian oil and gas operator DNO Norge.
Norwegian oil and gas major Equinor has revealed its ambition to become a net-zero company by 2050 as its new boss is taking over his position.
BW Energy has concluded on an alternative development plan for the Hibiscus/Ruche field in the Dussafu license off Gabon, using a converted jack-up rig.
Norwegian oil major Equinor has made a minor gas discovery near the Maria field in the Norwegian Sea.
The number of offshore rigs in the U.S. remained steady last week but dropped nine units year over year, according to a Friday report by Baker Hughes.
Oil major BP has started drilling the Ironbark-1 well located offshore Western Australia.
U.S. oil major ConocoPhillips recorded a loss in the third quarter of 2020 compared to a profit in the same period last year.
Shell saw its third quarter 2020 earnings decrease when compared to the last year’s third quarter but the oil major decided to increase its dividend.
Norwegian oil and gas company Equinor has made two oil discoveries offshore Newfoundland, Canada. The wells were drilled using the Transocean Barents rig.
Eni booked a loss in the third quarter of 2020 while its hydrocarbons production declined due to impacts of the economic downturn.
Hess Corporation saw its net loss deepen in the third quarter of 2020 compared to the prior-year period while its production increased by 11 per cent.
