Oil prices stabilise but storage crisis approaches
Rystad Energy’s Head of Oil Markets, Bjornar Tonhaugen, has supplied a daily market comment, as oil prices rose slightly today before returning to flatter levels with marginal deviations.
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Rystad Energy’s Head of Oil Markets, Bjornar Tonhaugen, has supplied a daily market comment, as oil prices rose slightly today before returning to flatter levels with marginal deviations.
James McCallum, Xergy, argues that using digital technology and data in new ways to bring new talent to the oil and gas industry will be key to unlocking its survival and recovering from the Covid-19 pandemic and low oil prices.
Hild is the sixth jack-up rig that Keppel has delivered to Borr Drilling.
Eni's adjusted operating profit for the quarter was €1.31 billion, down by €1 billion, or by 44%, compared to 1Q19.
The company is reducing its 2020 CAPEX and cold-stacking two vessels in 2Q20.
Well 6507/8-10 S, 10 km east of the Heidrun field, will be permanently plugged and abandoned.
The company expects that the Sobhi well, onshore Nile Delta in Egypt, will be tied in during 2021.
Rystad estimates that the total number of started frac operations will end up below 300 wells in April 2020.
Rystad Energy’s Head of Oil Markets, Bjornar Tonhaugen, has commented on today's developments.
Petrofac is preparing to extend its provision of operations and maintenance services to Repsol Sinopec Resources UK.
Austin J. Wells, Arnco Technology, USA, explains how changing the way problems are considered is often how solutions are developed.
An initial AUS$200 million investment to help commercialise the closest gas field to Victoria's eastern coastline is being considered by Australian Gas Infrastructure Group (AGIG).