Oil & gas news

Oil prices remained mostly unchanged on Friday, despite an overall bearish sentiment caused by the pandemic, with the only bullish note coming from Russia.

Brazil's ANP has approved Karoon Energy's purchase of the Baúna field from Petrobras.

Well 7018/5-1 will be drilled from the West Hercules drilling facility.

Archer has secured a two-year contract extension with a major North Sea operator.

The API has a published a suite of standards developed to support proper construction, safe operation and maintenance of offshore pedestal-mounted cranes for natural gas and oil platforms, as well as training for offshore crane operators.

The survey, for an unnamed NOC, will commence in 4Q20.

TMK, a producer of tubular products for the oil and gas industry, has announced its operational results for 3Q20 and the first nine months of 2020.

Pioneer will acquire all of the outstanding shares of Parsley in an all-stock transaction valued at approximately US$4.5 billion.

Maersk Drilling has been awarded a three-well contract from Total E&P Angola.

The new service aims to help operators enhance asset performance, eliminate downtime, and reduce maintenance costs.