Oil & gas news

The new partnership with Downhole Products will focus on bringing Marwell's range of casing accessories to the Danish and Norwegian markets.

The company recently engineered a pair of ROV-deployable magnetic mounts to allow the loggers to be mounted directly onto subsea cross braces on a platform at two separate depths.

A Rystad Energy analysis shows that gross US cuts could reach at least 2 million bpd in June, including liquids.

12 prospective parcels of land will be opened for tender across Queensland’s resource-rich Bowen and Surat basins between Blackwater and Goondiwindi.

The 2020 Somali licensing round – launched virtually due to Covid-19 – features up to 7 blocks up for bidding.

In collaboration with Marathon Oil Corp and EG LNG, the country's Ministry of Mines and Hydrocarbons has awarded a contract for the development of a gas master plan to British company Gas Strategies.

The study for JX Nippon Oil & Gas Exploration Corp. will assess options for carbon capture and sequestration (CCS), alongside blue hydrogen production relating to oil and gas fields in South East Asia.

Ecopetrol’s CAPEX for the year now sits in a range between US$2.5 billion and US$3 billion.

Oil prices fell this morning as traders curbed their enthusiasm about new cuts from the Middle East, due to an emerging possibility of increased lockdown periods fearing a possible second Covid-19 wave.

Premier Oil has said first gas from its Tolmount project is now expected in 2Q21.