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Oil prices dip on concerns about fresh Covid-19 clampdowns in China

Oil prices dip on concerns about fresh Covid-19 clampdowns in China

Crude oil prices have dropped over concerns that the new Covid-19 pandemic restrictions in China...

22 January 2021
Energean makes investment decision on NEA/NI project offshore Egypt

Energean makes investment decision on NEA/NI project offshore Egypt

Energean has made the final investment decision (FID) on the North El Amriya and North...

22 January 2021
Oil prices slip following rise in US crude inventories

Oil prices slip following rise in US crude inventories

Crude oil prices have dipped after a surprise increase in US crude stocks, reigniting fuel...

21 January 2021
Wood to provide late life solutions for Morecambe Bay fields offshore UK

Wood to provide late life solutions for Morecambe Bay fields offshore UK

Engineering services company Wood has received a $130m contract from oil firm Spirit Energy to...

20 January 2021
Norway awards 61 production licences for exploration acreage on NCS

Norway awards 61 production licences for exploration acreage on NCS

The Norwegian Ministry of Petroleum and Energy has awarded 30 oil companies with ownership interests...

20 January 2021
Oil prices gain on new stimulus prospects under Biden Administration

Oil prices gain on new stimulus prospects under Biden Administration

Oil prices have increased amid hopes that the new US administration would announce a stimulus...

20 January 2021
Maersk wins two deepwater drilling contracts in Suriname from Total

Maersk wins two deepwater drilling contracts in Suriname from Total

Danish offshore drilling rig operator Maersk Drilling has received a contract from French oil major...

19 January 2021
Romania’s OMV Petrom to invest €32m in new Black Sea drilling campaign

Romania’s OMV Petrom to invest €32m in new Black Sea drilling campaign

OMV Petrom has earmarked approximately €32m for the drilling campaign at two new development wells...

19 January 2021
Oil prices inch up despite rising concerns over fuel demand

Oil prices inch up despite rising concerns over fuel demand

Brent oil prices have edged up slightly in spite of rising concerns that renewed Covid-19...

19 January 2021
Marubeni mulling to divest oil and gas fields in UK North Sea

Marubeni mulling to divest oil and gas fields in UK North Sea

Japanese firm Marubeni is reportedly considering selling its main oil and gas fields in the...

18 January 2021

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Production

Oil prices dip on concerns about fresh Covid-19 clampdowns in China

22 Jan 2021
Exploration

Energean makes investment decision on NEA/NI project offshore Egypt

22 Jan 2021
Gas

Mubadala signs deal with Egypt for Red Sea tract

21 Jan 2021
Production

Equinor sells operatorship stake in Bressay oil field to UK’s EnQuest

21 Jan 2021

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