OPEC’s Joint Ministerial Monitoring Committee (JMMC) has made assurances of achieving 100 per cent conformity from all participating countries during the next three months.
Equinor has received consent from the Petroleum Safety Authority (PSA) for exploration drilling in the North Sea using the Deepsea Atlantic rig.
The Covid-19-caused downturn is set to cause a 25 per cent yearly drop in global demand for oilfield services (OFS), a Rystad Energy analysis shows.
The Norwegian Ministry of Petroleum and Energy announced the APA 2020 licensing round on Friday, comprising the predefined areas with blocks in the North Sea, the Norwegian Sea, and the Barents Sea.
In its global energy outlook, Rystad Energy revealed that the Covid-19 downturn will expedite peak oil demand, putting a lid on exploration efforts in remote offshore areas and as a result reducing the world’s recoverable oil by around 282 billion barrels.
Neptune Energy will start drilling the Dugong well, located in the North Sea offshore Norway, by 19 June 2020.
German oil and gas company Wintershall Dea has received consent from Norway’s offshore safety body, the Petroleum Safety Authority (PSA) to use the facilities on the Dvalin field in the Norwegian Sea.
The Norwegian Petroleum Directorate has granted Equinor a drilling permit for two wells located in the North Sea off Norway.
Norwegian oil and gas company Aker BP has awarded PG Flow Solutions a contract to supply several pump systems for the normally unmanned wellhead platform to be used at the planned Hod field development in the North Sea.
Maersk Supply Service has sold two of its older AHTS vessels due to the current market situation and the global over-supply of offshore supply vessels.
Wintershall Noordzee, a joint venture of Wintershall Dea and Gazprom, has started gas production from its second B2 production well at the Sillimanite field offshore the Netherlands.
Danish offshore drilling contractor Maersk Drilling is joining a new CO2 storage consortium formed by INEOS Oil & Gas Denmark and Wintershall Dea.
Industry trade association Oil & Gas UK (OGUK) has revealed plans for halving emissions from production and exploration by 2030, with the country’s basin becoming net-zero by the year 2050.
Offshore helicopter operator NHV Group has won an extension with Ithaca Energy to provide aviation services to the oil company’s several fields in the Scottish part of the North Sea.
