Oil & gas news
SMD to supply ROV to Petrovietnam subsidiary
SMD will supply a Quasar II, medium-sized work class ROV to PTSC GEOS & SUBSEA SERVICES CO., LTD.
Wellesley Petroleum given drilling permit by NPD
Well 6204/11-3 will be the first exploration well to be drilled in production licence 829.
Aberdeen firm acquires drilling service company
The drilling repair company MRDS has been acquired by Aberdeen-based investment firm Garrick Group.
Equinor appoints new CEO
Anders Opedal will assume the position of president and CEO of Equinor from 2 November 2020.
Zenith Energy returns operatorship of Tilapia licence
The Tilapia licence is located in the Republic of the Congo.
Petrobras starts binding phase for sale of Tataruga offshore field stake
The company has also announced it is mothballing the Merluza platform.
Rystad Energy: Libya’s oil blockade could shrink upcoming global production glut by 65%
Libya's current oil output is approximately 100 000 bpd, in comparison to 1.2 million bpd before the onset of civil war.
Lloyd's Register welcomes OGA Energy Integration Project report
Lloyd's Register conducted a detailed technical study on behalf of the Oil and Gas Authority (OGA) into potential options for decarbonising the offshore energy system.
Oil dips, correcting week's extravagant gains over renewed Covid-19 fears
Oil prices fell on Friday as traders corrected the extravagant gains of this week, pricing in concerns over Covid-19’s effect on the demand recovery.
Halliburton releases drill bit sensor
Cerebo Force in-bit sensors are designed to capture weight, torque and bending measurements directly from the bit.