Stay up to date with the latest news and updates from the oil industry.
Wood Mackenzie’s Tom Ellacott has said that the oil price collapse could be the trigger for a new phase of deep industry restructuring – one that rivals the changes seen in the late-1990s.
Logan will provide turn-around upgrade and repairs to a fleet of wireline tensioners onboard five active drilling and completion vessels.
The Operations DataHub enables operators to securely pool and gain insight from operations data from multiple assets across the UKCS basin.
The project will be Shearwater’s first OBS remotely operated vehicle survey.
MIR Valve Sdn Bhd ordered 12 RH rack and pinion actuators to control subsea ball valves on a jacket flooding system.
The second phase of the companies' ultra-long offset node project will extend the footprint of ultra-long offset data to the Northern Green Canyon protraction area.
Keddington is located on the southern margin of the Humber Basin in the UK, and is currently producing approximately 28 bpd of oil.
The contract extension is for the Trident 16 jack-up rig, which is operating in the Gulf of Suez offshore Egypt.
It is anticipated that production from the Bruce, Keith and Rhum fields, located in the UK North Sea, will be fully restored over the coming days.
Pharos Energy has confirmed that it is participating in the process for the purchase of Shell's upstream portfolio in the Western Desert in Egypt as part of a consortium.
The Greater Warwick JV between the two companies has now agreed a new cost allocation agreement.
Norway's Petroleum Safety Authority (PSA) has given Equinor consent to use the Deepsea Atlantic mobile drilling facility for drilling and completion on the Tordis and Vigdis fields.