
Seadrill reports US$1.2 billion impairment in 1Q20
Seadrill has said it will delist from the New York Stock Exchange and maintain a single listing on the Oslo Stock Exchange.
Browse the latest upstream news news and articles.

Seadrill has said it will delist from the New York Stock Exchange and maintain a single listing on the Oslo Stock Exchange.

Ole Martin Grimsrud has given notice that he will leave the company on 1 September 2020.

OPEC+ producers are considering extending their output cut of 9.7 million bpd, about 10% of global production, into July or August, at an online meeting likely to be held on 4 June.

The sale is in line with the company's decision to focus its resources increasingly on deep and ultra-deep waters.

WellSharp® Live, an IADC-approved distance learning training delivery option will remain available.

Mehdi joins Neptune from Shell where he most recently held the position of Technical Support and Subsea Operations General Manager with the company’s Rashpetco JV business in Egypt.

After all the precedent conditions were met, the transaction was concluded with the payment of R$676.8 million to Petrobras.

He will succeed Archie Kennedy who has been Vice Chair and Chair of the OGTC since it was established in February 2017.

A new immersive scenario game that puts oil and gas worker’s skills to the test has been launched by specialist energy e-learning company Norwell EDGE.

The Lebanese Petroleum Administration said the decision was made as a result of the Covid-19 pandemic and the fall in oil prices.

33 rigs were placed at their respective monsoon locations before the onset of the seasonal adverse weather conditions.

The virtual server was created for geology and field development specialists, who create 3D models of gas condensate fields in Petrel software package and work with over hundred gigabytes of data.