Upstream news

The predicted spending reductions translate to a US$24.4 billion cut in 2020 compared to last year.

Currently, all office employees of the company are now working remotely, with 70% in their third week.

Norco’s team of certified technicians will inspect, survey and maintain the UK’s fleet of Alcad nickel batteries, providing customers with technical support and advice.

The company has said its construction yards in China reopened in February and are now close to planned capacity.

With additional oil coming, the largest production shut-ins in the country’s history are not far off, according to Rystad.

AeonX (Nigeria) has signed a partnership agreement with WFS to promote and deliver the full range of Seatooth products for asset integrity and flow assurance monitoring to existing and new clients in Nigeria.

The Gateshead firm has won the Mid-Market Management award at the British Private Equity & Venture Capital Association’s (BVCA) Management Team Awards.

The projects will commence in 2Q20 and 3Q20.

PFS was asked to carry out work to wet test nine deluge systems on Chrysaor's Britannia platform.

The revised 2020 capital budget of US$1.3 billion or less includes the implementation of 2Q20 frac holidays in the Bakken and Eagle Ford.