Oil & gas news

WellSharp Live has been developed as a temporary solution to support ongoing training and learning in the oil and gas industry during the Covid-19 crisis.

As enthusiasm subsided and prices fell again today, Rystad's Energy Head of Oil Markets, Bjornar Tonhaugen, has commented on developments.

DNV GL has issued an international call to oil and gas operators and the supply chain to pilot a methodology that will prove whether the data generated by digital twins can be trusted, and if the technology is delivering value.

Maersk Drilling is to reduce its offshore crew pool as a result of tenders and projects being delayed or cancelled.

The government has proposed an extension of the so-called ice edge boundary to the constantly changing southern fringe of the permanent ice sheet.

Rystad Energy’s Head of Oil Markets, Bjornar Tonhaugen, has supplied a daily market comment, as oil prices rose slightly today before returning to flatter levels with marginal deviations.

Hild is the sixth jack-up rig that Keppel has delivered to Borr Drilling.

Eni's adjusted operating profit for the quarter was €1.31 billion, down by €1 billion, or by 44%, compared to 1Q19.

The company is reducing its 2020 CAPEX and cold-stacking two vessels in 2Q20.

Well 6507/8-10 S, 10 km east of the Heidrun field, will be permanently plugged and abandoned.