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Aggregate fossil fuel demand is set to peak in 2027 – with oil peaking in 2029 and gas in 2037 – partially due to the impacts of COVID-19, according to new research by McKinsey & Co.
Equinor and YPF will hold 35% equity in the CAN 100 block, located in the North Argentinian Basin, while Shell will hold the remaining 30%.
Oil prices fell on Thursday, trimming excess gains as the impact of increasing Covid-19 infections to oil demand sinks in.
EM&I demonstrated its NoMan® robotic camera and synchronous laser systems for tank and confined space inspections through a series of ‘live’ webinars.
The Kudu gas field offshore Namibia contains an estimated 1.3 trillion ft3 of gas.
The oil and gas discovery was made at the Keskesi East-1 well, in Block 58 off the coast of Suriname.
The acquisition has been approved by Pioneer and Parsley stockholders.
Oil prices rose on Wednesday, boosted by expectations that Saudi Arabia’s extra cuts will create a tight market, but there is a downside Covid-19 risk as infections rise.
SupaSep LGP is the latest evolution of Amazon Filters’ liquid-gas coalescers, used extensively in cost-effective upstream, midstream and downstream operations.
IDS will deploy its data driven TourNet Pro drilling contractor reporting service and drilling performance monitoring service, Anova DPM, across Stena Drilling’s fleet in 1Q21.
The survey, covering 2694 km2, will broaden the region's 3D coverage while adding to the extensive offshore seismic library.
Premier Oil will be renamed Harbour Energy but maintain its London listing as part of its reverse takeover by Chrysaor.