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.
Shelf Drilling has received an early termination of a drilling contract for a jack-up rig operating offshore Egypt.
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.
PICO GoS Limited, a Cheiron Group company, has achieved the first oil production from its appraisal well GNN-4 in the Geisum Concession offshore Egypt.
Australia-based oil producer Triangle Energy has shut-in production from two wells on its Cliff Head oil field located offshore Australia.
Neptune Energy will start drilling the Dugong well, located in the North Sea offshore Norway, by 19 June 2020.
Williams has reached a tie-back agreement with LLOG Exploration Offshore (LLOG) to provide offshore natural gas and oil gathering and production handling services for the Taggart development at Williams’ Devils Tower spar in the U.S. Gulf of Mexico.
The Norwegian Petroleum Directorate has granted Equinor a drilling permit for two wells located in the North Sea off Norway.
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.
Oil company Santos has completed fast track interpretation of the data acquired during the Keraudren 3D seismic survey offshore Australia, resulting in a high-quality data set.
There is a case to be made that the coronavirus crisis has been setting the stage for the restructuring of the offshore drilling market.
Norwegian seismic player TGS has completed its flagship Jaan 3D seismic survey covering the MSGBC Basin in Northwest Africa. The survey took place in partnership with PGS and GeoPartners. Comprising over 28,000 square kilometres, the survey spans offshore Senegal, The Gambia, AGC and Guinea-Bissau.
