Upstream news
Aker Solutions to deliver umbilicals for King's Quay development
The work scope includes the provision of umbilicals and distribution equipment to connect the King’s Quay floating production system to the Samurai, Khaleesi and Mormont deepwater developments.
Nigeria to be compliant with OPEC+ cuts by mid-July
Mele Kyari, the head of the Nigerian National Petroleum Corp., has said Africa's top oil exporter is fully committed to the cuts.
URTeC 2020 becomes online event
The URTeC Management Committee has decided to cancel the face-to-face component of the upcoming Unconventional Resources Technology Conference (URTeC) in Austin, Texas, US.
Oil dips on US stocks surprise
Oil prices fell this morning on indications that US stocks unexpectedly rose.
Petrofac to support North Sea CCS and hydrogen project
Petrofac will provide project management systems and technical support during the FEED for Acorn Carbon Capture and Storage.
OGUK: BP job losses underline need for fair transition to net zero economy
OGUK's Chief Executive Deirdre Michie has urged the UK government to protect jobs and create new business opportunities in the energy regions of the UK.
Rystad Energy: Fresh OPEC+ cuts point to crude and condensate supply deficits through 2021
OPEC+'s cuts are deep enough to create a monthly deficit in crude and condensate supply from June 2020 and continuing uninterrupted until at least the end of next year, according to Rystad Energy.
Senex completes Surat Basin natural gas project
The company drilled a total of 80 wells, down from the approximately 110 wells originally planned due to continued production outperformance.
APT to support Chrysaor's North Sea projects
Applied Petroleum Technology will deliver geochemical and petroleum systems analyses in connection with Chrysaor’s Armada hub facility and exploration around the Greater Lomond area on the UK continental shelf.
Shell redelivers Havila platform supply vessel early
Havila Shipping has said it and Shell have different views on the obligation of Shell in a charter party based on two wells.