The partnership will offer the owners of oil and gas discoveries near Repsol Sinopec’s existing North Sea infrastructure hubs an integrated, technically robust and commercially flexible solution to meet their near to mid-term development objectives.
GlobalData’s latest report, ‘Q4 2020 Global Oil & Gas Industry Contracts Review’, states that the upstream sector reported a total of 815 contracts in 4Q20.
Northern Solutions Alaska LLC will represent Tendeka in actively promoting sales, installation, and services of its completion products and technologies in the region.
Neil Bird will be responsible for the company's development and commercialisation of an alternative to traditional RSS tools.
The Maersk Intrepid and Maersk Integrator jack-up rigs were retrofitted with Siemens Energy’s BlueVault lithium-ion energy storage system.
The contracts include awards from Saudi Aramco, Chevron and Petronas.
Equinor has added development drilling of one additional well at the Martin Linge field offshore Norway to the work scope of the Maersk Intrepid.
Completion is anticipated in the first half of 2021.
Equinor is divesting its interests in the Bakken field to Grayson Mill Energy.
The Maersk Integrator will return to Aker BP’s Ivar Aasen field for a two-well campaign expected to commence in 3Q21.
Worldwide Facilities, a national wholesale insurance broker, has made Cudd Well Control its preferred well control provider to the global oil and gas industry.
Shell’s adjusted earnings for 2020 were US$4.8 billion, a fall of 71% from 2019.
Rystad Energy’s Head of Oil Markets, Bjornar Tonhaugen, has commented on today's OPEC+ meeting.
The company has reported a net annual loss of US$22.4 billion for 2020, on the write down and losses in oil production and refining, compared with a full-year profit of US$14.34 billion in 2019.
The sale, for an enterprise value of US$405 million, was first announced on 5 October 2020.