Oil & gas news

Oil prices, after swinging from loses to gains and back in the morning, finally settled in a modest decline, moved by worries over a spike in Covid-19 cases and expected crude stock builds in the US.

FAR is investigating selling all or part of its interest in the project.

The company's interest in the Biscathorpe project in Lincolnshire, UK, is now 30%.

The project saw AISUS perform the inspection of 15 lines within the main caisson tubular structure of the client's platform.

MAN will supply Yinson with four RB-type centrifugal-compressor trains for gas production and export, as well as two screw-compressor trains, which will be put into operation as vapour-recovery units.

LOC will provide marine warranty surveyor services for the SURF development on the Johan Sverdrup oilfield in the North Sea.

The Permian-based producer used Cold Bore Technology’s SmartPAD, which delivers real time, sensor-driven tracking of ultra high-resolution fraccing operations data with analytics.

Recent media reports have said that Senegal has been forced to delay its first oil and gas projects by up to two years because of the Covid-19 pandemic.

The system, initially delivered in the Intervention Riser System (IRS) configuration, provides a 6-3/8 in. through bore and is suitable for all types of well intervention operations up to 15 000 psi and in water depths up to 10 000 ft.

ERIELL reports on several records achieved in May at three of the company’s most complex projects.