All articles by Umesh Ellichipuram

1. Saudi Aramco’s capex cut may impact BPCL investment plans

   State-owned oil company Saudi Aramco will cut $25bn-$30bn from its capital expenditure in response to the coronavirus pandemic. However, analysts…
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   25 Mar
2. Bibby Offshore secures contract from Spirit Energy

   Scottish subsea services provider Bibby Offshore has secured a fixed-term framework agreement from Europe’s independent oil and gas operator Spirit…
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   9 May
3. Plexus to sell wellhead exploration business to TechnipFMC

   Plexus Holdings has signed a business purchase agreement (BPA) to sell its wellhead exploration equipment and services business for jack-up…
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   23 Oct
4. CNSL sanctions FID on Captain EOR project in North Sea

   Chevron North Sea (CNSL) has made the final investment decision (FID) to advance the first phase of the Captain Enhanced…
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   23 Oct
5. Rowan-Saudi Aramco JV Aro Drilling begins operations

   Rowan Companies and Saudi Arabian Oil Company joint venture Aro Drilling has started its offshore operations. Both companies have contributed…
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   20 Oct
6. Ophir Energy signs new offshore exploration contract in Equatorial Guinea

   Ophir Energy has signed a new production sharing contract (PSC) with the Ministry of Mines and Hydrocarbons of Equatorial Guinea…
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   20 Oct
7. RockRose Energy signs deal to acquire Idemitsu Petroleum UK

   RockRose Energy has signed an agreement to purchase the entire issued share capital of Idemitsu Petroleum UK along with its…
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   19 Oct
8. IOG signs LoI with ODE for North Sea gas development

   Independent Oil and Gas (IOG) has signed a letter of intent (LoI) with Offshore Design Engineering (ODE) to perform multiple…
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   19 Oct
9. Wood wins FEED contract for LNG field in Gulf of Mexico

   Wood has secured a front-end engineering design (FEED) contract to develop Honghua Group’s liquefied natural gas (LNG) platform in the…
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   18 Oct
10. Oil prices improve over drop in US stocks

    Oil prices have increased following a fall in US crude inventories and continued political tension in Middle East countries. Brent…
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    18 Oct