Oil & gas news

The equipment will be placed onto the Anna Nery FPSO vessel on behalf of Yinson.

The drillship Noble Sam Croft will begin drilling in 4Q20 after the rig finishes its current programme offshore Suriname.

Hurricane has concluded that there is a reasonable probability that the oil water contact in the Lancaster field is shallower than the range of oil water contacts envisaged in the 2017 Competent Person’s Report by RPS Energy.

The Oil and Gas Authority's Energy Integration Project report has found that oil and gas platform electrification is essential to cutting sector production emissions in the near term, and critical to the industry’s social licence to operate.

The fields have cumulative total annual production capacity of 7.7 billion m3 of natural gas and 1 million t of gas condensate.

Will Scargill, Managing Oil & Gas Analyst at GlobalData, says that BP's transition to an integrated energy company will require "significant movements in the M&A market, if it is to be delivered in the targeted timeframe."

The manifesto is intended to help asset owners and operators in the energy and chemicals industry drive top line revenue growth, at significantly less cost.

The objective of the well was to prove petroleum in reservoir rocks in the Middle Jurassic (Sleipner Formation) and the Upper Triassic (Skagerrak Formation).

At the centre of the cooperation is the combination of three technologies: APT’s wellsite gas processing and interpretation software package Girasol with FIC’s exclusive access to Fluid Inclusion Technologies’ datasets and Rockwash Geodata’s sample washing and digitisation process.

Oil prices rose on Wednesday on expectation for a significant draw in US crude oil stocks last week, but Covid-19 remains a concern.