Special reports - 10 July 2020

Similar to the previous downturn, awards for FPSO vessels are set to recover next year, with seven projects likely to be sanctioned according to Rystad Energy.

BP invests US$5 million in a cloud-based geospatial analytics software company that uses advanced spectral imagery and machine learning to monitor environmental changes.

Oil prices fell as Covid-19 cases hit daily country record in the US, erasing previous gains and pricing in the demand uncertainty ahead.

API released the fifth edition of Specification 4F, a manufacturing standard that applies to both onshore and offshore well structures to ensure operational safety and sustainability.