Upstream news
Liuhua 29-1 gas field begins production
The Liuhua 29-1 gas field, which recently completed commissioning, is located in the eastern South China Sea.
Drilling of Ironbark-1 exploration well begins
Ironbark-1 will test the giant Ironbark gas prospect, which has a best estimate of 15 trillion ft3 prospective recoverable gas resource.
Equinor makes minor gas discovery near Maria field
Preliminary estimates place the size of the discovery between 0.5 and 1.6 million m3 of recoverable oil equivalent.
First gas production achieved from Adorf field
Neptune Energy has announced first gas production from the Adorf Carboniferous development in northwestern Germany.
Total announces 3Q20 results
Total reported net income of US$202 million, down 93% from a year earlier, but rebounding from a loss in 2Q20.
ExxonMobil releases 3Q20 results
ExxonMobil has announced an estimated 3Q20 loss of US$680 million.
Chevron announces 3Q20 results
Chevron has reported adjusted earnings of US$201 million in 3Q20.
Oil keeps low levels in a Covid-19-hit week
Oil prices have not taken a definite direction today, hovering around the low levels that Covid-19’s second wave brought upon the market this week.
TGS releases 3Q20 results
The company's operating result for the third quarter was US$-27.9 million, compared to US$102.5 million last year.
EM&I to hold 'live' demonstrations of remote camera and laser scanning technology
EM&I is planning to show the latest developments in its NoMan remote inspection system on a full-size section of a typical FPSO tank between the 9 and 11 December 2020.