Oil & gas news
Reconfiguration works at Wressle oilfield completed
To date, the storage tanks and inspection gantry have been installed at the Wressle oilfield in North Lincolnshire, UK, while work is advanced in respect of the electrical and control system installation.
Oil falls as bulls bow to demand reality
Oil prices finally put a halt on their continuous rise, as traders focused again on the worsening short-term oil demand.
First oil achieved at Sarta field
Genel Energy has announced first oil production from the Sarta field in Iraqi Kurdistan.
CGG and Magseis Fairfield complete North Sea's largest ever OBN survey
First images from the OBN Cornerstone 2020 multi-client survey are being made available in early 2021.
Keppel secures FPSO fabrication contract
The company has secured a contract from a repeat customer for the fabrication and integration work on a FPSO.
Express Engineering takes on new apprentices
Subsea testing solutions company Express Engineering has appointed six new apprentices.
Shearwater awarded OBN 4D baseline survey by Petrobras
The survey will take place over the Jubarte field in the Campos Basin.
Narrabri gas project receives federal approval
Santos will now embark on a 12-18 month appraisal programme ahead of a final investment decision.
OGA launches online resource to help kick-start decommissioning campaigns
The centralised location for well data related to decommissioning is intended to raise awareness about suspended wells in the UKCS which await decommissioning.
Oil rises on vaccine and OPEC gamble
Oil prices continued to rise today on confidence that Covid-19 vaccines and OPEC+ will help the market earlier than expected.