The Covid-19 pandemic has shattered oil demand, sunk prices and is posing a...
Rock bottom: how Covid-19 has shattered the oil industry
The Covid-19 pandemic has shattered oil demand, sunk prices and is posing a significant risk for those involved in oil extraction and processing. Is an industry traditionally thought of as resistant to change, properly equipped to deal with this crisis?
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.
Seven offshore industry events cancelled due to coronavirus
The coronavirus pandemic has caused months of cancellations for offshore awards, conventions and networking events, with no clear end in sight.
Coor secures offshore agreement extension with Equinor
Swedish firm Coor has secured offshore facility management services extension from Norwegian oil and gas firm Equinor.
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 Silver Eagle Global.
Alberta Government announces funding for Keystone XL Pipeline
The Keystone XL Pipeline is to receive more than $1bn of funding from the Canadian state of Alberta to accelerate its construction.
UK-based i3 Energy to acquire Toscana Energy for $2.82m
North Sea operator i3 Energy has agreed to acquire Canada-based Toscana Energy and subsidiary Firenze Energy for $2.82m.
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 planned sanction date for the Cambo development due to coronavirus (Covid-19).
Oil prices climb from 18-year lows as Trump-Putin call sparks hopes
Oil prices have increased on Tuesday after US President Donald Trump and his Russian counterpart Vladimir Putin talked over plans.
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