Author: Press Release

1 2 3 7 10 / 69 POSTS
Rystad Energy expects a 17 % CAPEX decline in 2020

Rystad Energy expects a 17 % CAPEX decline in 2020

This will be the lowest CAPEX of the last 13 years. In their scenario, Rystad Energy expects 34 USD per boe in 2020 and 44 USD per boe in 2021. In [...]
Norway kicks off APA 2020 – 36 new blocks for public consultation

Norway kicks off APA 2020 – 36 new blocks for public consultation

The Ministry of Petroleum and Energy has kickstarted Norway's annual licensing round - Awards in Predefined Areas (APA), in a press release. Th [...]
Johan Sverdrup field to reach plateau production in May, before schedule

Johan Sverdrup field to reach plateau production in May, before schedule

According to Equinor, The North Sea Johan Sverdrup field expects to reach plateau production for the first phase in early May, earlier than anticipa [...]
UKCS: Successful drilling campaigns over Chiswick and Chestnut

UKCS: Successful drilling campaigns over Chiswick and Chestnut

Earlier this month, the first gas from the new C6 well at Spirit Energy’s Chiswick field in the Southern North Sea was achieved. This has added up to [...]
EMGS fires most of staff

EMGS fires most of staff

In a stock exchange announcement, EMGS states that they terminate all employees and consultants with the exception of a skeleton crew which will conti [...]
OGA expects 32nd Offshore Licensing Round awards in summer 2020

OGA expects 32nd Offshore Licensing Round awards in summer 2020

The Oil and gas authorities of the UK (OGA) announced that they expect awards in the 32nd Offshore Licensing Round will be announced in summer 2020. E [...]
New MC3D west of Shetland

New MC3D west of Shetland

TGS announced the new multi-client 3D seismic survey EWW (Erlend Wild West), a 3,900 km2 survey consisting of 1,900 km2 of data acquired during a pro [...]
Discovery in Total’s HPHT wildcat Isabella

Discovery in Total’s HPHT wildcat Isabella

Total encountered hydrocarbons in Upper Jurassic and Triassic sandstone reservoirs, with 64 metres net pay encountered, consisting of lean gas and con [...]
E&P forecast turnaround for 2020 affects service industry

E&P forecast turnaround for 2020 affects service industry

The recent fall in oil prices, down to 31 $, may have a devastating effect on the Overall oilfield services (OFS), according to Rystad Energy. The [...]
Striving to be a world leader

Striving to be a world leader

An inaugural CO2CRC CCS Policy Forum is being convened to develop a consensus industry view on a practical CCS policy framework that will stimulate CC [...]
1 2 3 7 10 / 69 POSTS
X