Oil & gas news
Rystad Energy comments on reports that Saudi Aramco may delay its September pricing of crude
Rystad has said that Saudi Aramco is seeing great uncertainty in the near term demand outlook for Saudi Arabia's crude.
Fraser Well Management adds Victoria well to operatorship portfolio
The company has been contracted by NEO Energy to operate the Victoria well in the southern North Sea.
Fugro carries out first fully remote platform inspection in North Sea
The inspection was carried out in UK waters, 250 km east of Scotland, using an ROV and the company's remote operations centre in Aberdeen.
Oil falls as Covid-19 puts demand on hold while supply keeps on calling
Oil prices fell on Tuesday on concerns that a rise in Covid-19 infections globally will halt oil demand, leaving the increasing supply from August unused.
BP reports 2Q20 results
BP has reported a record US$6.7 billion (£5.12 billion) loss in 2Q20.
Halliburton digital services to support Petronas exploration activities
Halliburton Landmark will deliver DecisionSpace® 365, its E&P cloud software, to support Petronas' upstream digitalisation initiatives and reduce exploration time.
Neptune Energy confirms commercial oil discovery at Dugong well
The volumes are estimated to be in the range of 40 – 120 million boe – the largest discovery in Norway so far this year.
ConocoPhillips awarded drilling permit offshore Norway
Well 6507/4-1 will be drilled from the Leiv Eiriksson drilling facility in production licence 1009.
United Oil & Gas acquires operatorship of Jamaica licence
The amended Walton Morant Licence covers an area of 22 400 km2, and has numerous plays and prospects already identified across three separate basins.
IOG awards North Sea EPCI contract to HSM Offshore
The contract comprises the design, engineering, fabrication and installation (including assistance to hook-up and commission) of both normally unmanned installation production platforms for the IOG-operated Southwark and Blythe gas fields in the UK Southern North Sea.