Upstream news
Seadrill reports US$1.2 billion impairment in 1Q20
Seadrill has said it will delist from the New York Stock Exchange and maintain a single listing on the Oslo Stock Exchange.
Aker Solutions CFO to leave position
Ole Martin Grimsrud has given notice that he will leave the company on 1 September 2020.
Oil prices rise in advance of OPEC+ meeting
OPEC+ producers are considering extending their output cut of 9.7 million bpd, about 10% of global production, into July or August, at an online meeting likely to be held on 4 June.
Petrobras opens bidding for Manati field stake
The sale is in line with the company's decision to focus its resources increasingly on deep and ultra-deep waters.
Wild Well Control to resume in-person class learning in July
WellSharp® Live, an IADC-approved distance learning training delivery option will remain available.
Mehdi Bouguetaia to join Neptune Energy as Managing Director for Algeria
Mehdi joins Neptune from Shell where he most recently held the position of Technical Support and Subsea Operations General Manager with the company’s Rashpetco JV business in Egypt.
Petrobras concludes the sale of seven onshore fields
After all the precedent conditions were met, the transaction was concluded with the payment of R$676.8 million to Petrobras.
Martin Gilbert announced Chair of the OGTC
He will succeed Archie Kennedy who has been Vice Chair and Chair of the OGTC since it was established in February 2017.
Norwell EDGE launches virtual wellsite training to put oil and gas skills to the test
A new immersive scenario game that puts oil and gas worker’s skills to the test has been launched by specialist energy e-learning company Norwell EDGE.
Lebanon offshore licensing round postponed again
The Lebanese Petroleum Administration said the decision was made as a result of the Covid-19 pandemic and the fall in oil prices.