Petronas joins subsea pump JIP
The FASTsubsea technology is being designed to allow operators to more rapidly extract additional hydrocarbons from existing offshore wells and installed infrastructure.
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The FASTsubsea technology is being designed to allow operators to more rapidly extract additional hydrocarbons from existing offshore wells and installed infrastructure.
The contract's scope includes international payroll and personnel support services.
SMD will supply a Quasar II, medium-sized work class ROV to PTSC GEOS & SUBSEA SERVICES CO., LTD.
Well 6204/11-3 will be the first exploration well to be drilled in production licence 829.
The company is conducting an airborne Enhanced Full Tensor Gravity Gradiometry multi-client survey - together with magnetic and Lidar data - over the Upper Egypt region of the country.
The drilling repair company MRDS has been acquired by Aberdeen-based investment firm Garrick Group.
Anders Opedal will assume the position of president and CEO of Equinor from 2 November 2020.
The Tilapia licence is located in the Republic of the Congo.
The company has also announced it is mothballing the Merluza platform.
Libya's current oil output is approximately 100 000 bpd, in comparison to 1.2 million bpd before the onset of civil war.
Lloyd's Register conducted a detailed technical study on behalf of the Oil and Gas Authority (OGA) into potential options for decarbonising the offshore energy system.
Oil prices fell on Friday as traders corrected the extravagant gains of this week, pricing in concerns over Covid-19’s effect on the demand recovery.