
Total announces 4Q19 financial results
Total recorded net adjusted 4Q19 profits of US$3.2 billion despite low oil prices.
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Total recorded net adjusted 4Q19 profits of US$3.2 billion despite low oil prices.

Grupo R is to lease the La Muralla IV platform for Shell to operate in the deepwaters of the Gulf of Mexico.

The LOI envisages that New Age would supply a minimum of 25 million ft3/d of gas to Gaz du Cameroun S.A. (GDC), Victoria's wholly-owned subsidiary, for the first three years, followed by a minimum of 30 million ft3/d, with the potential to increase in the future.

The two companies are to acquire a series of large-scale, high-density, multi-client surveys in the Central Basin Platform (CBP) of the Permian Basin.

The company has been awarded contracts by Saudi Aramco, Eni and Noble Energy.

Indian Oil Corp. will import 2 million t of Ural grade crude oil during 2020.

The data-driven maintenance program incorporates riser condition, usage and fatigue analysis with a risk-based inspection process.

Equinor has said the target is expected to be met primarily through significant growth in renewables and changes in the scale and composition of the oil and gas portfolio.

The company's second subsea tree injection manifold has completed all testing and is now ready for deployment for hydraulic intervention operations.

The company will provide subsea umbilicals, risers and flowlines, transportation and installation, pre-commissioning of one jacket and topsides for the Ruby Project offshore Trinidad and Tobago.

More gas discoveries are needed if the UAE is to reach its goal of becoming a net gas exporter by 2030, according to Rystad Energy analysis.

Valeura Energy has received notification from its joint venture partner Equinor indicating that it intends to discontinue participation in the deep gas appraisal programme in Turkey's Thrace Basin.