Oil and gas companies have accumulated assets for sale with recoverable reserves of...
- Covid-19 has brought offshore reserves for sale to above 12.5bn boe
- How Russia is losing its oil and gas influence across Eastern Europe
- Easing lockdown leads to increased gasoline and distillates reserves
- Bleak future for US gas, predicts GlobalData and Rystad
- Petrobras loses $13.4bn in value in Q1
Siemens to supply equipment for Kasawari gas field offshore Malaysia
Siemens Gas and Power has secured a contract to supply industrial gas turbine generators (GTG), gas turbines and centrifugal compressors for a gas field development offshore Malaysia.
Covid-19 has brought offshore reserves for sale to above 12.5bn boe
Oil and gas companies have accumulated assets for sale with recoverable reserves of more than 5 billion barrels of liquids and 7.5 billion barrels of oil equivalent (boe) of natural gas, energy research company Rystad Energy has estimated.
WFS Technologies and Subsea Energy partner to extend asset life
Subsea communication specialist WFS Technologies (WFS) has partnered with Subsea Energy Solutions (SES) to harness their combined global expertise of monitored cable protection systems for the offshore energy industry.
Nigeria launches first licensing round for marginal oilfields
The Department of Petroleum Resources (DPR) of Nigeria has launched its first licensing round for marginal oilfields in nearly 20 years.
Tullow Oil confirms 58 Covid-19 cases in Ghana oil production facility
UK-based oil and gas company Tullow Oil has confirmed that 58 workers tested positive for Covid-19 at an oil production facility offshore Ghana’s Atlantic coast.
Subsea 7 to slash global workforce by 3,000 following oil market slump
Offshore installation and construction firm Subsea 7 has announced plans to slash its global workforce by around 3,000 employees by the end of June 2020.
Petrofac’s EPS division secures contract extension with Basra Oil
Oilfield services firm Petrofac’s Engineering & Production Services (EPS) division has secured a further six-month contract extension with Basra Oil Company for its Iraq Crude Oil Export Expansion Project (ICOEEP).
Read our magazine
Offshore Technology Focus is the essential reading material for decision-makers in the offshore oil & gas industry, bringing you the latest news and analysis in an exciting, interactive format.