OGA offers 113 licences for award in 32nd Offshore Licensing Round
The 113 licences have been offered over 259 blocks or part-blocks to 65 companies.
Browse the latest upstream news news and articles.
The 113 licences have been offered over 259 blocks or part-blocks to 65 companies.
Oil prices declined today as the market finally prices in the underlying uncertainty over the oil demand’s recovery, Iraq’s cuts compliance and the additional effect of Covid-19 on the economy as a whole.
The TCP jumpers are planned for delivery later this year, and will be deployed in the Julimar field, located approximately 200 km offshore North Western Australia.
RockProp is a software product that delivers analysis for cuttings, logs and drilling data, developed by the Cuttings Alliance - a consortium of Stratagraph, CoreSpec Alliance and PetroScale Reservoir Solutions.
The contract with an unnamed UK oil and gas operator, worth an annual six figure sum, has two additional one-year extension options.
The deal will see the Blackford Dolphin rig utilised in Mexico for the duration of the work, which is expected to last around 15 months.
EM&I have strengthened their engineering team by promoting two of their experienced senior staff to the key roles of Chief Engineer and Deputy Chief Engineer.
Bureau Veritas is working towards real time verification for offshore assets with the global expansion of its remote service centres and pilot projects with leading energy companies.
Film-Ocean has recently invested a six-figure sum in the design and manufacture of its latest compact ROV launch and recovery system (LARS).
Turkey has discovered its biggest ever natural gas field, holding 320 billion m3 (11.3 trillion ft3) in the Black Sea.
The company is participating in the 2020 Bid Round in the capacity of technical and financial partner to a Nigerian registered oil and gas company.
Oil prices edged down today as, while Covid-19 infections continue to multiply, the market did not receive any bullish surprise from the OPEC+ meeting, while it realised non-compliant members still had way to go to compensate for their overproduction.