Shell completed its GK Phase 2 project, which involved the drilling of four additional subsea wells tied back to its semi Floating Production System [Read more…] about Shell successfully completed Gumusut-Kakap project in Malaysia
PSA gave Aker BP consent for exploration drilling in block 15/6 in the North Sea. [Read more…] about Aker BP received the green signal for exploration drilling in the Freke-Garm well
Equinor is awarding new service contracts to Baker Hughes Norge, Halliburton AS and Schlumberger Norge AS for integrated drilling and well services on most of the Equinor-operated fields on the Norwegian continental shelf.
[Read more…] about Awarding drilling and well service contracts worth NOK 30 billion
The second offshore platform is undergoing installation for phases 22 to 24 of the South Pars gas field development in the Persian Gulf.
[Read more…] about Second South Pars phases 22-24 platform taking shape offshore Iran
Two weeks after Saudi Arabia said it was targeting $80/bbl oil, this morning Riyadh got its wishes early when Brent hit the Saudi target, jumping as much as 1% to $80.18, following the latest drop in U.S. crude inventories and as traders continued to fret about the consequences of renewed sanctions on Iran.
[Read more…] about Oil jumps above $80 for first time since Nov. 2014
Instellingen en olieproducerende landen verwachten ten opzichte van 2017 een lichte stijging van de olieprijs met $3 naar $54 per vat.
[Read more…] about Olieproducerende landen en instellingen verwachten prijs van $54 per vat in 2018
Opportunities for digitalization are currently being embraced by the oil and gas sector. However, there are few practical use cases of it yet.
[Read more…] about DNV GL applies data analytics techniques to reduce downtime
Total said it’s ready and able to make acquisitions and pursue growth, shrugging off uncertainties about oil prices as its financial position strengthens.
[Read more…] about Total ready to make acquisitions as financial strength grows
The award by Statoil covers seven supply vessels at a total contract value of NOK 3.1 billion, including options.
[Read more…] about Statoil awarding contracts to five ship owners
Dalende trend kan worden toegeschreven aan een lagere gasprijs en hoge importvolumes van zonne- en windenergie uit Duitsland.
[Read more…] about Historisch lage elektriciteitsprijzen in eerste acht maanden van 2016