Oil & gas news
Equinor awards Maersk Drilling rig contract
The hybrid jack-up rig Maersk Intrepid will drill three wells and plug one in the Martin Linge field offshore Norway.
Rockhopper Exploration provides update on Sea Lion farm-in
Rockhopper Exploration has said that it, Premier Oil and Navitas Petroleum remain committed to the finalisation of the farm-in agreement.
Airswift comments on UK furlough scheme's impact on oil and gas workers
Louise Bancroft, Group HR Director at Airswift, has commented on the UK's furlough scheme, focusing on the oil and gas sector, and how companies should best prepare for the upturn.
W&W Energy Services launches Knuckle Boom Crane Truck
The integrated truck and crane is designed to haul, lift and set large tanks and oilfield equipment.
Ascent Resources secures right to three onshore licences in Cuba
Ascent Resources is currently the only London-listed company to venture into the Cuban oil and gas market.
PGS completes 3D survey offshore PNG
The survey has gathered over 6100 km2 of seismic data from the Papuan Basin.
Norway reduces oil output
Norway has announced cuts to oil production between June and December this year.
Oil prices rise in response to events in US and Norway
Rystad Energy’s Head of Oil Markets, Bjornar Tonhaugen, has said that Norway's decision to cut production could be a good example for other producers outside OPEC+.
Hindustan Oil Exploration makes discovery offshore Mumbai
The two wells drilled and completed in Block B-80 are expected to have an average production of 8000 bpd.
IEA: global energy demand to plunge in 2020
The IEA's Global Energy Review projects that energy demand will fall 6% in 2020 – seven times the decline after the 2008 global financial crisis.