Brent crude oil prices reached highest levels since March as news of another promising coronavirus vaccine raised hopes of a quicker recovery in oil demand, while U.S. President-elect Joe Biden received the go-ahead to begin his leadership transition.
Aker BP and Cognite have partnered to deploy Spot, the quadruped robotic dog, to pioneer the remote-controlled offshore mission on the Skarv installation.
Melbana Energy has been awarded two additional petroleum exploration permits offshore northern Australia, close to the Beehive Prospect.
The number of active rigs in the U.S. remained unchanged over the course of last week, according to a weekly rig count report by Baker Hughes.
Saipem has confirmed a contract award to conduct booster compression module FEED services for the Inpex-operated Ichthys LNG development in Australia.
Singapore’s independent oil and gas company KrisEnergy and floater provider Rubicon Offshore have settled a contractual dispute that would save the Kris Energy’s Thai subsidiary from being wound up.
Rem Offshore has been awarded a contract and extension for its platform supply vessels from Apache in the UK North Sea.
Tullow Oil will focus on its West African producing portfolio as part of its new strategy to generate $7B of operating cash flow in the next 10 years.
A North Sea reservoir has been confirmed suitable for CO2 storage, with Wintershall Dea, Ineos, and Maersk Drilling as members of the project.
Neptune Energy has appointed Mohamed Mounes Shahat to take on the role of Egypt Managing Director, based in Cairo, starting December 2020.
Following President Trump’s effective surrender of his three-week protest of the election results on Monday by submitting to the government’s official transition to the incoming Joe Biden administration, the time has come for the new administration to set new energy transition plans into motion – bu
Norway’s offshore safety agency has found irregularities related to risk and barrier management on the Equinor’s Norne FPSO located in the Norwegian Sea.
EnQuest expects its production for the year to be below its guidance range due to an incident and a resulting unplanned outage in Malaysia.
ASX listed Beach Energy has awarded DOF Subsea Australia the Otway offshore gas project phase 4 contract. The contract consists of subsea installation works in a tie-back program. The award includes project management, engineering, fabrication, transportation and installation services. According to
