
Oil prices fall further on US crude inventories and AstraZeneca vaccine doubts
Oil prices fell further on Thursday as a result of continuing doubts over the AstraZeneca vaccine and a rise in US crude inventories.
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Oil prices fell further on Thursday as a result of continuing doubts over the AstraZeneca vaccine and a rise in US crude inventories.

As part of the deal INEOS will acquire 61.5% of the Syd Arne oilfield, currently operated by Hess, which complements the 36.8% share INEOS already holds in the field. INEOS will also acquire 4.8% of the Solsort field, which is already operated by INEOS.

The grants are part of the Australian government’s Beetaloo Strategic Basin Plan to bring gas from the Beetaloo’s resources into the market by 2025.

Deepsea Technologies will provide business development and engineering support on behalf of Forum Energy Technologies (FET) in Brazil, and deliver full servicing, repair, calibration, upgrades and modifications for FET ROVs and associated tooling.

One of the awards is a three-year renewal to continue with the planned and corrective maintenance of all lifting equipment used on four FPSO vessels in the country.

CRP Subsea has been awarded a contract by Maersk Drilling for the supply of low-drag VIV suppressing Helically Grooved Drill Riser Buoyancy.

Leveraging the comapnies' joint capabilities, Ashtead Technology has completed a multi-asset, Class-approved mooring inspection campaign for Total E&P Angola in the Girassol and Dalia fields, and has been awarded further work in the Pazflor and CLOV fields.

Heerema Marine Contractors Nederland SE will carry out removal, dismantling and recycling of the topsides and jackets of the Heimdal riser platform, Heimdal main platform and Veslefrikk A platform in the North Sea.

The three-year donation provides students at Universiti Teknologi PETRONAS access to Halliburton Landmark’s DecisionSpace® suite of exploration and production software.

Diversification, decarbonisation and digitalisation are set to define the future of the UK's oilfield services sector, according to the latest EY UK Energy Services overview.

Gerardo Munoz, Sr. Product Specialist, AspenTech, explains why many organisations in the oil and gas industry cannot afford to let the opportunity to adopt hybrid modelling pass them by.

The new alliance creates a full service offering for the riserless and riser-based well intervention and P&A markets.