Oil & gas news
Rystad Energy: Oil rises on supply cuts extension potential
Oil prices rose this morning on anticipation for the coming OPEC+ meeting, which is rumoured to discuss maintaining high-level production cuts after June, Rystad Energy reports.
Kjetil Ramstad is appointed as new CFO in Solstad Offshore ASA
Mr. Kjetil Ramstad will take up the CFO position as of 2 June 2020.
The African Energy Chamber welcomes the appointment of Taelo Mojapelo as new CEO of BP Southern Africa
Mojapelo succeeds Priscillah Mabelane who was notably the first woman in South Africa’s oil history to head up a multinational company.
ModuResources Group acquire Murchison Drilling Schools Inc.
Following the acquisition, Murchison Drilling Schools Inc will combine forces with Well Academy and together be a strong global player in the delivery of training solutions across the well life cycle.
Emerson contributes to The Open Group OSDU Forum
Emerson’s contribution will improve the efficiency of reservoir modellers and reservoir engineers, and enable multi-disciplinary integrated reservoir workflows.
Bluware to support BP with deep learning technology for subsurface data interpretation
InteractivAI, powered by Bluware's Volume Data Store cloud-native data environment, enables the acceleration of detailed interpretation tasks.
Nigeria commences licensing round for 57 oilfields
A total of 57 marginal oilfields, located onshore and in shallow offshore areas, are on offer.
Seadrill reports US$1.2 billion impairment in 1Q20
Seadrill has said it will delist from the New York Stock Exchange and maintain a single listing on the Oslo Stock Exchange.
Aker Solutions CFO to leave position
Ole Martin Grimsrud has given notice that he will leave the company on 1 September 2020.
Oil prices rise in advance of OPEC+ meeting
OPEC+ producers are considering extending their output cut of 9.7 million bpd, about 10% of global production, into July or August, at an online meeting likely to be held on 4 June.