
Weatherford appoints new CEO
Effective 12 October 2020, Girish K. Saligram will be the company’s President and CEO.
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Effective 12 October 2020, Girish K. Saligram will be the company’s President and CEO.

The approval enables the commencement of the drilling of six firm development wells by Pharos Energy in 4Q21.

Oil prices remain largely flat but head for back-to-back weekly losses, for the first time since the height of Covid-19’s first wave.

The company will continue as ConocoPhillips' main supplier of maintenance and modifications work offshore Norway.

Tracerco, part of Johnson Matthey Plc, is expanding its reservoir surveillance capabilities by announcing the launch of its new digital offering.

The flow control equipment specialist has opened a new manufacturing facility in Oxford, UK.

Oil prices are losing ground again on indications that US crude oil inventories rose last week, maintaining the bearish price correction that September has introduced.

The review follows the suspension of major construction activities in March due to the COVID-19 pandemic and the company’s capital re-prioritisation following the global economic downturn.

Under the terms of the agreement, Shell will acquire Kosmos’ participating interest in blocks offshore São Tomé & Príncipe, Suriname, Namibia, and South Africa.

Redtail-1 encountered approximately 232 ft (70 m) of high quality oil bearing sandstone and was drilled in 6164 ft (1878 m) of water.

AWE Perth Pty Ltd, under the Mitsui E&P Australia brand, proposes to construct and operate a conventional gas facility about 16 km south-east of the Dongara-Port Denison town sites.

Noble Drilling Norway AS has been awarded a contract by Equinor for drilling three wells at the Valemon field.