OPEC ministers maintain oil supply cuts for price recovery
Ministers of the Organisation of Petroleum Exporting Countries (OPEC) have decided to maintain cuts to oil supplies in coming months.
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Q&A: the outlook for oil and gas in Africa with the African Energy Chamber
Decarbonisation and the shale gas revolution were already creating challenges for the African offshore oil and gas industry. Then the…
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OPEC ministers maintain oil supply cuts for price recovery
Ministers of the Organisation of the Petroleum Exporting Countries (OPEC) have decided to maintain cuts to oil supplies in coming months. This announcement has caused…
Aker signs contract to increase production at Åsgard field offshore Norway
Aker Solutions has received a contract from Equinor for modifications on the Åsgard B semi-submersible gas and condensate processing platform in the Norwegian Sea to…
ExxonMobil fails to find commercial oil at first well in Canje Block
ExxonMobil and its partners have failed to find commercially viable quantities of oil at the Bulletwood-1 offshore well in the…
Crude oil prices surge as OPEC+ decides to extend supply cut
Crude oil prices increased after OPEC and its allies agreed to extend oil supply cuts into April as they expect…
Jersey Oil & Gas plans to develop GBA project in UK North Sea in phases
Jersey Oil & Gas (JOG) has said that there is potential for the phased development of the Greater Buchan Area…
Carnarvon hires Noble Tom Prosser rig to drill offshore exploration wells
Carnarvon Petroleum and its partner Australia’s Santos have contracted the Noble Tom Prosser jackup rig to drill exploration wells, Pavo-1…
Expert Commentary & Analysis
View MoreShort-term prospects for major themes in the oil and gas industry
GlobalData’s latest multi-theme report, ‘Top 20 Oil & Gas Themes 2021’ provides an assessment of how the leading macroeconomic, industry and technology themes will impact the oil and gas industry…
Adnoc receives Hail and Ghasha commercial bids
US energy company won full exploration rights in Abu Dhabi’s Onshore Block 3 in 2019, as well as for Onshore Block 5 in December, which lie adjacent to each other.…
Oxy announces Abu Dhabi hydrocarbons find
The Shaybah NGL plant was commissioned in 2016. The facility is part of the Shaybah onshore oil field development situated in the kingdom’s Rub al-Khali desert. The plant processes 2.4…
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Elsevier partners with MapStand to provide energy infrastructure data to geoscientists
Information analytics company Elsevier has announced the integration of MapStand data layers and news into Geofacets, its information solution for...
Hydrogen, AI, and remote operations: lessons from Baker Hughes’ AM
The Baker Hughes Annual Meeting brought together industry leaders to look at innovations of the past year and their future potential.
Akselos and Shell sign framework agreement on digital twin technology
Swiss company Akselos and oil major Shell have signed a three-year enterprise framework agreement for the use of Akselos’ structural digital twin technology.
Cyberhawk reports 51% increase in turnover in 2020
Scottish power and offshore drone and data visualisation firm Cyberhawk increased its turnover by more than 50% in 2020, despite the challenging market conditions brought...
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Miko Marine
Magnetic Patches, Powerful Magnets, Sea Chest Blanks, Tools and Innovations for The Offshore Industry
Annual global oil and gas industry contracts review – contracts activity remains subdued due to crude oil price volatility, CapEx reduction and Covid-19
Oil and gas contract activity remained subdued in 2020, with the industry recording a decrease in the number of contracts and disclosed contract value from 6,971 contracts with $151.06bn in…