Upstream
EIA projects $43 oil, flat U.S. production in the first half of 2021
The U.S. Energy Information Administration reported that a record 12.9 million barrels per day (bpd) of crude oil was produced...
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Saudi Arabia sets its sights on hydrogen export leadership
The world’s biggest oil exporter has set its sights on also becoming the largest supplier of hydrogen, a fuel seen...
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UK oil and gas sector confidence plunges to record lows
Reduced activity levels, project cancellations and workforce cuts as a result of the coronavirus pandemic have slashed business confidence across...
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Repsol to wind down oil exploration, focus on renewables growth
Repsol SA will reduce its dividend next year as it outlined plans to wind down the search for oil and...
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ADNOC taps Chinas BGP for world’s largest 3D onshore/offshore seismic survey project
ADNOC announced the award of a contract worth up to $519 million to further expand the scope of the world’s...
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Equinor lets contract for Valemon drilling in North Sea
Equinor let a contract to Noble Drilling Norway AS to drill three wells at Valemon gas and condensate field in...
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Noble Lloyd Noble to drill at Valemon
Noble Drilling Norway AS has been awarded a contract for drilling three wells at the Valemon field from the summer...
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ExxonMobil announces Redtail discovery offshore
ExxonMobil has made its 18th discovery offshore Guyana at the Redtail-1 well which will add to the previously announced estimated...
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Aramco discovers two new oil and gas fields in northern Saudi Arabia
Saudi Aramco discovered two oil and gas fields in northern parts of Saudi Arabia, the kingdom’s official news agency reported,...
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BG contracts Corinth to provide Colibri gas export line pipe
BG International, a subsidiary of Royal Dutch Shell PLC, signed Corinth Pipeworks to manufacture and supply steel pipes for development...
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