Majority of Norwegian continental shelf projects completed within budget, according to report
A review of 66 projects on the Norwegian continental shelf (NCS) between 2007– 2018 has revealed that most have kept their estimated costs.
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A review of 66 projects on the Norwegian continental shelf (NCS) between 2007– 2018 has revealed that most have kept their estimated costs.
The company's separation into TechnipFMC and Technip Energies has been delayed by the Covid-19 pandemic, the sharp decline in commodity prices, and the heightened volatility in global equity markets.
The event, due to be held in May in Houston, Texas, has been postponed to the third quarter of 2020.
The event was due to be held in The Woodlands in Texas, US, from 24 - 25 March.
Malampaya services approximately 30% of the Philippines' demand for electricity.
Activity reductions are planned in the Permian Basin, Egypt and the North Sea.
According to Adam Johnson, there are several key areas of potentially terminal disagreement between the EU and Britain.
Japanese E&Ps find themselves at a crossroads, as domestic drivers to develop international resources are weakening and the energy transition has forced a review of upstream strategies.
The decrease represents a 33% reduction in the company's upstream spending.
A surge in offshore well intervention activity over recent years is helping the North Sea develop into a global centre of excellence for innovative oilfield services.
A significant portion of the acreage available in 1Q20 is located in either deep or ultra-deep water, up from the previous quarter, according to GlobalData.
The US Bankruptcy Court for the Southern District of Texas has confirmed the company's Plan of Reorganization.