Tag: oil

Equinor: TechnipFMC awarded assignments worth up to NOK 1.8 billion

Oil & GasJune 23, 2020

On behalf of the license partners, Equinor has awarded two contracts and issued a letter of intent to TechnipFMC for pipelaying and subsea installation for three projects on the Norwegian continental shelf (NCS).

Offshore wind expenditure set to match upstream oil and gas in Europe in 2021

BusinessJune 6, 2020

Rystad Energy expects that the two markets will reach parity as soon as next year.

KrisEnergy suspends Wassana oil field due to oil price

Oil & GasJune 3, 2020

The Wassana field in the G10/48 concession in the Gulf of Thailand came onstream in August 2015 and comprises a mobile offshore production unit and a floating storage and offloading vessel.

Lubrizol joins shipping’s zero emissions ambition

BusinessMay 28, 2020

The Lubrizol Corporation has become the first lubricant additive technology supplier to join the Getting to Zero Coalition.

Petrofac secures Iraq contract extension with Basra Oil Company

Oil & GasMay 28, 2020

EPS has secured a further six-month contract extension with Basra Oil Company for its long-standing Iraq Crude Oil Export Expansion Project.

Report: Hydrogen has surged up the priority list of oil and gas organizations

EnergyMay 15, 2020

Hydrogen central to oil and gas industry decarbonization as expectations for market growth surge - DNV GL research

Opinion: Producers may need to kill their old, loss-making FPSO’s in this downturn

Oil & GasMay 11, 2020

The swift oil price crash caused by the Covid-19 pandemic will reduce the combined free cash flow of FPSO fields, which have produced above three quarters of their original resources at just $2.20 per barrel this year.