Upstream news
CNOOC makes oil discovery in Bohai Bay
The Kenli 6-1 discovery is expected to be the first large-sized oilfield in the Laibei lower uplift.
Carnarvon Petroleum: Dorado field work progressing
Carnarvon Petroleum and Santos, the operator of the offshore Dorado field, are working on entering the FEED phase.
Majority of Norwegian continental shelf projects completed within budget, according to report
A review of 66 projects on the Norwegian continental shelf (NCS) between 2007– 2018 has revealed that most have kept their estimated costs.
Polarcus seismic project cancelled
An XArray™ marine seismic acquisition project due to be carried out in the Asia Pacific region has been cancelled.
TechnipFMC delays separation
The company's separation into TechnipFMC and Technip Energies has been delayed by the Covid-19 pandemic, the sharp decline in commodity prices, and the heightened volatility in global equity markets.
OTC 2020 postponed
The event, due to be held in May in Houston, Texas, has been postponed to the third quarter of 2020.
SPE/ICoTA Well Intervention Conference and Exhibition cancelled due to Covid-19
The event was due to be held in The Woodlands in Texas, US, from 24 - 25 March.
Udenna completes acquisition of Chevron stake in Malampaya gas field
Malampaya services approximately 30% of the Philippines' demand for electricity.
Apache Corp. reduces 2020 capital investment plan
Activity reductions are planned in the Permian Basin, Egypt and the North Sea.
Oil and gas sector logistics expert warns industry's businesses scope for EU free trade deal may have reduced sharply
According to Adam Johnson, there are several key areas of potentially terminal disagreement between the EU and Britain.