Aker Solutions has entered a master agreement to provide umbilicals for Chevron-operated oil and gas fields in the US Gulf of Mexico. The company also secured the first work order under the new master agreement, […]
The effect of the COVID-19 virus on global demand for oil and gas, along with an ongoing price war that has sent oil prices tumbling at an unprecedented rate, are poised to wreak havoc on […]
TGS, provider of multi-client geoscience data for exploration and production (E&P) companies, has announced that it has completed, on-time, the processing of its Erlend Wild West multi-client 3D seismic survey west of Shetland. This data, […]
Six thousand subscribers from hundreds of organisations have downloaded more than 340 terabytes – equivalent to around 85,000 HD movies – of information in the year since the Oil & Gas Authority (OGA) launched the […]
Baker Hughes has posted its Weekly Rig Count reports. US Rig Count is down 20 rigs from last week to 772, with oil rigs down 19 to 664, gas rigs down 1 to 106, and […]
The COVID-19 pandemic has shaken energy markets to the core this year, creating incredible volatility for fuel prices. The one energy source that hasn’t blinked though is coal, a fuel that may come out stronger […]
More than 4.6 trillion cubic feet of natural gas were flared globally in 2019. The potential value of this flared gas could be as high as USD 24 billion, if priced at the European gas […]
European gas demand in 2020 is likely to drop by 0.7% compared to its pre-coronavirus forecast, according to Rystad Energy’s most likely scenario. Growth will be limited to just about 2 billion cubic metres (Bcm) […]
Following the expected cuts in capital expenditure (capex) for shale operators in the Bakken due to demand shock from the coronavirus (COVID-19) and supply shock from the Russia-Saudi price war. Adrian Lara, Oil and Gas […]
Independent global completions service company Tendeka has secured a 4-year contract to supply its zonal isolation technologies across a leading operator’s Malaysian assets. The contract was awarded through Tendeka’s partner in the region, Dialog Systems […]
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