Oil rises on low supply confidence
Oil prices gained on Tuesday, squeezing the last dollar cents from optimism the promised Saudi cut and the OPEC meeting created last week.
Oil prices gained on Tuesday, squeezing the last dollar cents from optimism the promised Saudi cut and the OPEC meeting created last week.
The fifth annual Global Energy Talent Index has been released, showing that the COVID-19 pandemic has ushered in a crisis of confidence for the oil and gas workforce.
In the first part of a two-part article, Alexandre de Rougemont, MAN Energy Solutions, explains how a joint venture between Aker Solutions and MAN Energy Solutions is supplying a modular subsea compressor system that is set to increase efficiency, reduce energy use and improve performance.
In the second part of a two-part article, Amy Barclay, Eilidh McKay and Suzanne Stewart, Tendeka, continue their exploration of a solution that enables compliant sand-free production to be restored effectively and efficiently at shut-in wells.
Oil prices, and especially WTI, rose on Thursday as a result of the promised Saudi production cuts, falling crude inventories and political turmoil in the US.
In the first part of a two-part article, Amy Barclay, Eilidh McKay and Suzanne Stewart, Tendeka, introduce a solution that enables compliant sand-free production to be restored effectively and efficiently at shut-in wells.
Oil prices rose on Wednesday, capitalising on Saudi Arabia’s promised voluntary output cut from February.
Oil prices rose on Tuesday after Monday’s OPEC+ conservatism and helped by rising tensions in the Gulf.
Sparrows Group discuss the complexities of FPSOs and how the company recently developed a solution to successfully extend the life of a crane on a major operator’s FPSO.
Janette Marx, Airswift, explores insights from a recent roundtable discussion with other industry experts that focused on how the pandemic has impacted the oil and gas workforce.
Oil prices rose on Monday on expectations that OPEC+ may keep output stable in February and on a demand uptick coming from China.
Cory Langford, Scientific Drilling International, USA, discusses how at-bit gamma ray images and continuous inclination measurements enable pro-active geosteering in tight target windows.
Jessica Brewer and Kyrah McKenzie, Wood Mackenzie, UK, examine how North Sea operators are embracing ambitious projects on the road to net zero.
Lisa McCrory, Oceaneering, explains why truly remote UWILDs address the challenges of vessel inspection during COVID and beyond, provided accountability and guaranteed uptime are in place.
Rystad Energy’s latest balances indicate that 2021 could offer producers a window of opportunity, as monthly supply deficits may reach their highest level in years.