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21 January 2019
Schlumberger signs contract with Equinor for Peregrino C platform work
Schlumberger has signed a contract with Equinor and South Atlantic Holding for the total well delivery on the Peregrino C platform.
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21 January 2019
Oil prices drop as China’s economic growth slows
Oil prices have declined after data showed that China’s economic growth slowed last year.
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18 January 2019
Equinor celebrates successful CO2 reductions
Norwegian energy giant Equinor has announced its successful reductions of CO2 emissions for its NCS operations by 600,000 tonnes since 2011.
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18 January 2019
Deals this week: Woodside, L&T Hydrocarbon, Eni
Woodside has awarded four front-end engineering and design (FEED) contracts for the proposed 7.3Tcf Scarborough gas development project in Western Australia.
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18 January 2019
CNOOC aims to double exploration projects and proven reserves by 2025
China National Offshore Oil Corporation (CNOOC) has announced that it aims to double its exploration projects and proven oil and gas reserves in seven years by 2025.
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18 January 2019
East Timor approves proposal for stake acquisition in Sunrise project
East Timor President Francisco Guterres has approved a proposal that allows the use of the country’s petroleum fund for a $650m buyout of Royal Dutch Shell and ConocoPhillips’ stake in...
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18 January 2019
Oil prices rise after OPEC reports a decrease in production
Oil prices have increased more than 1% after a report released by the Organization of the Petroleum Exporting Countries (OPEC) highlighted a decrease in production last month.
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17 January 2019
Aker BP transfers Ivar Aasen operations onshore
Norwegian oil company Aker BP has moved its Ivar Aasen operations in the North Sea to its offices at Trondheim, becoming the first company on the Norwegian Continental Shelf to...
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17 January 2019
Oil prices decline as US crude production increases
Oil prices have decreased as crude production in the US rose amid worries about weakening demand, and concern persists over trade.
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17 January 2019
Esso Australia awards EPCIC contracts to Subsea Integration Alliance
Esso Australia has awarded integrated subsea engineering, procurement, construction, installation and commissioning (EPCIC) contracts to Subsea Integration Alliance.