All articles by Himaja Ganta

1. Covid-19: Aker Energy postpones Ghana project due to pandemic

   Offshore oil and gas operator Aker Energy has terminated a letter of intent (LoI) for the Pecan project in Ghana….
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   2 Apr
2. Oil prices rise 10% with hopes for Saudi Arabia-Russia price war truce

   Oil prices have risen by 10% after US President Donald Trump said he expects Saudi Arabia and Russia to reach…
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   2 Apr
3. BP cuts capital spending in response to Covid-19 disruption

   BP has announced plans to cut capital spending by 25% to $12bn this year in the wake of the oil…
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   2 Apr
4. TechnipFMC to cut capital expenditure by 30% amid Covid-19 crisis

   Oil services firm TechnipFMC has announced that it will cut its planned capital expenditures (capex) by 30% to $300m for…
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   2 Apr
5. ONGC achieves first gas from Krishna-Godavari basin offshore India

   India’s Oil & Natural Gas Corporation (ONGC) has achieved first gas from its Block 98/2 deep-water development in the Krishna-Godavari…
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   2 Apr
6. Coor secures offshore agreement extension with Equinor

   Swedish firm Coor has secured an extension to its contract for offshore facility management from Norwegian oil and gas firm…
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   1 Apr
7. Oil prices fall to $25 as US inventory build-up raises oversupply fear

   Oil prices have dropped to $25 a barrel due to a bigger-than-expected rise in the US inventories, subsequently increasing oversupply…
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   1 Apr
8. ABS to classify Silver Eagle’s self-elevating drilling units

   The American Bureau of Shipping (ABS) has announced it will classify a series of self-elevating drilling units (SEDUs) for Bahrain-based…
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   1 Apr
9. Equinor expects faster ramp-up output on Johan Sverdrup oilfield

   Norwegian firm Equinor has announced its Johan Sverdrup oilfield is ramping up production at a faster pace than originally expected….
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   31 Mar
10. Covid-19: Siccar Point and Shell UK delay Cambo project FID to 2021

    Siccar Point Energy E&P has announced it will defer approval of the Cambo development offshore Shetland, UK. The Covid-19 coronavirus…
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    31 Mar