Wednesday, October 21, 2020
Offshore driller Odfjell Drilling has acquired a discover of early termination from oil main BP for the constitution of the Deepsea Aberdeen rig however, concurrently, secured work for the rig with Wintershall Dea. Odfjell stated on Monday that the contract...
Short-term traits for UK oil and fuel manufacturing and, to a lesser extent, Norway could be rendered a bit meaningless by seasonal impacts from summer time upkeep turn-arounds and cyclic fuel demand. Overall, although, each are at or...
Private equity-backed Siccar Point is in search of to promote as much as half its stake in a serious North Sea oil mission led by Chevron (CVX.N), business and banking sources stated.The worth of Siccar Point’s 20 % stake...
U.S. oil big ExxonMobil will make investments as much as $100 million over 10 years to analysis and develop superior lower-emissions applied sciences.ExxonMobil stated on Wednesday that the corporate would develop the brand new applied sciences with the U.S....
The Norwegian Petroleum Directorate has granted Equinor Energy AS a drilling allow for nicely 6407/11-1, cf. Section 15 of the Resource Management Regulations.Well 6407/11-1 can be drilled from the Deepsea Bergen drilling facility in place 64°12'22.eight"N and seven°29'33.25"A.@medicalInsuranceWidget@The drilling...
Tullow Oil inventory fell essentially the most in twenty years in London buying and selling after saying it’s reassessing the industrial viability of discoveries in Guyana.The inventory sank as a lot as 23% on the information that crude from...
Petrofac will present FEED and conceptualisation research to shoppers in Oman and Libya following the award of a clutch of recent contracts.In Oman, Petrofac will assist Flare to Value LLC (F2V) by producing a fundamental engineering package deal to...
Tullow Oil found mild oil at its Carapa-1 nicely in Guyana, however the reservoir was smaller than the troubled firm had anticipated previous to drilling. Shares fell as a lot as 20%.The unbiased oil producer’s first discovery of the...
The North Sea area spreading between the United Kingdom, Norway, Denmark and The Netherlands will see 63 fields being delivered to manufacturing between 2018 and 2023, of which 34 might be subsea tie-backs.@medicalInsuranceWidget@ The Gulf of Mexico (GoM) area...
U.S. refiners need extra Canadian oil, and pipeline firms are discovering methods to get it to them.Companies are including house to their congested oil export pipelines from Canada at the same time as plans for greater expansions and new...
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