Trending:
News
-
6 July 2020
Neptune discovers hydrocarbons at Dugong well in Norwegian North Sea
European oil exploration and production company Neptune Energy has announced the discovery of hydrocarbons at the Dugong well, which is located in the Norwegian part of the North Sea.
-
6 July 2020
ABB to deliver telecommunication services for Yinson’s Anna Nery FPSO
International technology company ABB has signed an agreement with Malaysian firm Yinson to provide electrical, control and telecommunication equipment and services for a new floating production, storage and offloading (FPSO)...
-
6 July 2020
Oil prices mixed amid fears that Covid-19 spike may cut US fuel demand
Oil prices remain mixed as an increase in Covid-19 cases has cast a shadow over fuel demand in the US.
-
3 July 2020
Chinese oil refineries run at over 100% capacity amid Covid-19
China's state-owned crude oil refineries (Sinopec, PetroChina, CNOOC, and Sinochem) have increased their crude oil refining rates from an average of 76% in May to 80% of capacity in June,...
-
3 July 2020
COSL signs LoI for COSLInnovator semi-sub rig use in North Sea
Oilfield services firm COSL Drilling Europe has signed a letter of intent (LoI) for the use of COSLInnovator semi-submersible rig on the Norwegian Continental Shelf (NCS).
-
3 July 2020
Premier Oil creditors approve North Sea assets transaction
Premier Oil’s creditors have approved the company’s acquisition of BP’s interests in the producing Andrew Area and Shearwater fields in the UK North Sea under amended terms.
-
3 July 2020
Oil prices drop as Covid-19 resurgence weighs on recovery hopes
Oil prices have dropped as a resurgence of the Covid-19 cases across the globe weighs on fuel demand recovery hopes.
-
2 July 2020
Fugro secures survey work at Neptune’s Cygnus gas field in North Sea
UK-based offshore operator Neptune Energy has awarded a subsea inspection contract to geo-data specialist Fugro for its Cygnus gas field in the southern North Sea.
-
2 July 2020
SBM Offshore closes financing for FPSO Sepetiba construction
Dutch floating production storage and offloading (FPSO) vessel operator SBM Offshore has closed a $600m bridge loan facility for the financing of the construction of FPSO Sepetiba.
-
2 July 2020
Oil prices fall amid demand recovery fears as US Covid-19 cases surge
Oil prices have inched lower after the US recorded its biggest one-day surge in Covid-19 cases adding concerns that the resurgence in cases would stall fuel demand recovery.