
Tullow Oil announces 2019 results
The company recorded loss after tax of US$1694 million. in 2019.
Browse the latest upstream project news news and articles.

The company recorded loss after tax of US$1694 million. in 2019.

The two LNG-fuelled PSVs Island Crusader and Island Contender, as well as a third sister vessel Island Commander, have ben contracted by Lundin Norway.

The contract will see BJ Services' TITAN fracturing fleet deployed in the Haynesville shale.

The company has said it completing a series of "transformational" acquisitions in the Republic of the Congo, West Africa, Tunisia and Italy.

Fugro and the US National Oceanic and Atmospheric Administration Office of Ocean Exploration and Research are focusing on mapping deepwater areas of the US Exclusive Economic Zone (EEZ).

The price war will heavily impact service company revenues, even driving some out of the market, according to Rystad Energy.

Tailwind Energy will make a final investment decision on the Evelyn field, in the central North Sea, in 2020.

The Sole gas project has passed a critical milestone with the first flow of gas from the Sole gas field to the Orbost gas processing plant.

Production had been suspended at the Cliff Head Alpha Platform offshore Western Australia due to an electrical fault.

The companies have commenced operations on The Channel 3D survey in Lea County, New Mexico, US.

A Rystad Energy impact analysis shows that US drilled but uncompleted wells will be the first assets to be threatened by the newly formed low price environment, as their breakeven costs are now only dollars away from market prices.

The contract covers the development of the Platina field, located offshore Angola in Block 18.