
Oil rises on vaccine and OPEC gamble
Oil prices continued to rise today on confidence that Covid-19 vaccines and OPEC+ will help the market earlier than expected.
Browse the latest oil & gas news news and articles.

Oil prices continued to rise today on confidence that Covid-19 vaccines and OPEC+ will help the market earlier than expected.

The 1st Edition of Recommended Practice (RP) 2D-2 focuses solely on training offshore crane riggers, operators, and inspectors.

AqualisBraemar offers consultancy services to the offshore energy industries, including renewables and oil and gas, while LOC Group is an international marine and engineering consulting firm.

Carina CarbonSecure offers offshore and on-land operators the necessary monitoring measures with a reduced cost and environmental impact of their CCS facilities.

The contract covers the Ula and Valhall installations in the Norwegian sector of the North Sea.

The conditional letter of award is for an exploration and appraisal project in Suriname’s Block 58.

Penspen will undertake well tie-in work at the Haliba oilfield in the UAE as well as peripheral prospects.

The Syncrude joint venture has agreed in principle that Suncor will become the operator of the Syncrude oil sands project in Alberta, Canada, by the end of 2021.

The company will provide maintenance and modifications services at the Peregrino field.

The licensing round encompasses 136 blocks in the Norwegian Sea and the Barents Sea.

The deal increases the company's net revenue interest (NRI) production from 4850 to 9150 bpd based on current month production.

The Johan Sverdrup field is increasing its daily production capacity, expecting to reach around 500 000 bpd by the end of the year.