W&W Energy Services launches Knuckle Boom Crane Truck
The integrated truck and crane is designed to haul, lift and set large tanks and oilfield equipment.
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The integrated truck and crane is designed to haul, lift and set large tanks and oilfield equipment.
Ascent Resources is currently the only London-listed company to venture into the Cuban oil and gas market.
The survey has gathered over 6100 km2 of seismic data from the Papuan Basin.
Norway has announced cuts to oil production between June and December this year.
Rystad Energy’s Head of Oil Markets, Bjornar Tonhaugen, has said that Norway's decision to cut production could be a good example for other producers outside OPEC+.
The two wells drilled and completed in Block B-80 are expected to have an average production of 8000 bpd.
The IEA's Global Energy Review projects that energy demand will fall 6% in 2020 – seven times the decline after the 2008 global financial crisis.
A Rystad Energy analysis shows that global E&P revenues are now forecasted to fall by about US$1 trillion in 2020, a drop of 40% to US$1.47 trillion from last year’s US$2.47 trillion.
Wildcat well 30/6-31 S encountered poorly developed sandstones in the Intra Heather Formation with poor reservoir quality and no traces of petroleum.
Shell's 1Q20 net income fell 46% from a year earlier to US$2.9 billion.
CAN-complete will provide clients with a full service EPCI solution for the subsea well tophole and structural foundation.
US oil production of at least 300 000 bpd will be shut during May and June, according to a Rystad Energy analysis of early communication from US oil producers.