
Oil falls as bulls bow to demand reality
Oil prices finally put a halt on their continuous rise, as traders focused again on the worsening short-term oil demand.
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Oil prices finally put a halt on their continuous rise, as traders focused again on the worsening short-term oil demand.

Genel Energy has announced first oil production from the Sarta field in Iraqi Kurdistan.

First images from the OBN Cornerstone 2020 multi-client survey are being made available in early 2021.

The company has secured a contract from a repeat customer for the fabrication and integration work on a FPSO.

The survey will take place over the Jubarte field in the Campos Basin.

Santos will now embark on a 12-18 month appraisal programme ahead of a final investment decision.

The centralised location for well data related to decommissioning is intended to raise awareness about suspended wells in the UKCS which await decommissioning.

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.