The upstream businesses of the national oil companies (NOCs) in China are the most affected amongst the Asian NOCs’ peer group when assessed against the short-term impact of COVID-19 and the weakened oil prices, says GlobalData. [Read more…] about Chinese NOCs worst hit in Asia under current global market volatility
ONS 2020 cancelled
The Norwegian Authorities has today prohibited all events of more than 500 people until 1 September 2020 due to the COVID-19 outbreak. [Read more…] about ONS 2020 cancelled
How the pandemic wiped out oil demand around the world
Global oil demand is being destroyed as the coronavirus forces people around the world to remain indoors and avoid all unnecessary travel. [Read more…] about How the pandemic wiped out oil demand around the world
COVID-19 Pandemic: DEME charters floatel to pre-quarantine offshore crews
To ensure safe crew changes on board dredgers and offshore vessels during the COVID-19 pandemic, DEME will charter a hotel ship for pre-quarantining as of this weekend. [Read more…] about COVID-19 Pandemic: DEME charters floatel to pre-quarantine offshore crews
Siemens Gamesa closes second factory after positive coronavirus test
Wind turbine maker Siemens Gamesa has closed a second factory in Spain after another employee tested positive for coronavirus. [Read more…] about Siemens Gamesa closes second factory after positive coronavirus test
How State Supervision of Mines is dealing with coronavirus
State Supervision of Mines (SSM) is also taking measures to prevent the spread of coronavirus as much as possible. [Read more…] about How State Supervision of Mines is dealing with coronavirus
Over 200 oilfield service firms go bankrupt
More than 200 oilfield services companies might be forced to declare bankruptcy – most of them in Norway and the UK – due to the effects of the Covid-19 pandemic and its effect on oil prices. [Read more…] about Over 200 oilfield service firms go bankrupt
Coronavirus to slow down wind industry in China by 2GW in 2020
The novel coronavirus (Covid-19) outbreak has led to a slowdown of economic activities in China, including in the wind industry. [Read more…] about Coronavirus to slow down wind industry in China by 2GW in 2020
UK limits travel to offshore platforms
Britain’s oil and gas sector association OGUK on Thursday banned people from traveling to offshore installations if they have travelled to certain countries affected by the coronavirus in the previous 14 days. [Read more…] about UK limits travel to offshore platforms
2020 Offshore Technology Conference in Houston postponed
The Offshore Technology Conference (OTC) recognizes the unprecedented global challenge associated with the current COVID-19 pandemic and considering the rapidly changing guidance from governments and companies, OTC has chosen to postpone the conference from 4–7 May to the third quarter of 2020. [Read more…] about 2020 Offshore Technology Conference in Houston postponed