Oil & gas news

The latest phase of investment will focus on significantly expanding the company’s rental fleet of offshore safety equipment, which includes its fire and rescue apparatus.

The African Energy Chamber has said that the ongoing travel bans and restrictions of visa issuance are preventing many projects from moving forward and contributing to the recovery of the continent.

An inspection, repair and maintenance project was carried out at Corrib, Ireland’s biggest natural gas field, on behalf of Vermilion Exploration and Production Ireland.

Stephen B. Harrison, Nexant Energy & Chemicals Advisory, Germany, considers the COVID-crash’s potential implications for the Asia Pacific region.

Global discoveries of conventional resource volumes reached just 4.9 billion boe in the first half of 2020, Rystad Energy estimates – the weakest-performing first half of the 21st century.

The two companies have confirmed their willingness to continue the acceleration of the Berkine Nord gas project, which entered into production last February.

Premier Oil has also said it will not be pursuing the purchase of the additional 25% interest in the Tolmount gas field from Dana Petroleum.

Offshore installation activities are scheduled for 2020.

Oil prices rose this morning, reversing earlier losses, as a crude stockpile relief in the US, still inspires market confidence.

Beach Energy, Cooper Energy, Leigh Creek Energy, Cordillo Energy, Gidgee Energy and Vintage Energy are the companies to have been awarded exploration licences by the South Australia State Government.