
Oil declines on new US Covid-19 infection record
Oil prices fell this morning, reversing some earlier gains of the week, as new record Covid-19 infections in the US worry traders.
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Oil prices fell this morning, reversing some earlier gains of the week, as new record Covid-19 infections in the US worry traders.

The partners will be sharing operational and technological competencies for developing hard-to-recover oil reserves in the Orenburg Oblast region of Russia.

The semi-submersible rig is due to spud the Luiperd-1 well offshore South Africa by September this year.

The audit conducted a thorough analysis of the curriculum, testing and training methods, environment and equipment of classrooms, as well as administrative and quality control of the procedures, and assessed the qualifications, experience, competence and skills of instructors.

Centrifuges Un-Limited is poised to launch to the Norwegian market its mechanical separation service.

The latest phase of investment will focus on significantly expanding the company’s rental fleet of offshore safety equipment, which includes its fire and rescue apparatus.

The African Energy Chamber has said that the ongoing travel bans and restrictions of visa issuance are preventing many projects from moving forward and contributing to the recovery of the continent.

An inspection, repair and maintenance project was carried out at Corrib, Ireland’s biggest natural gas field, on behalf of Vermilion Exploration and Production Ireland.

Stephen B. Harrison, Nexant Energy & Chemicals Advisory, Germany, considers the COVID-crash’s potential implications for the Asia Pacific region.

Global discoveries of conventional resource volumes reached just 4.9 billion boe in the first half of 2020, Rystad Energy estimates – the weakest-performing first half of the 21st century.

The two companies have confirmed their willingness to continue the acceleration of the Berkine Nord gas project, which entered into production last February.

Premier Oil has also said it will not be pursuing the purchase of the additional 25% interest in the Tolmount gas field from Dana Petroleum.