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The announcement comes as Aker BP has stopped all nonsanctioned projects. The remaining two Phase 2 wells will come on stream in 2021.

The final commissioning stage of Train 3 brings the Cameron LNG project closer to initial production expected in Q2.

After being acquired in 2019, the Well-Safe Guardian semisubmersible was extensively overhauled and upgraded. Fugro is the second company to be awarded work this year on the asset.

The nuances of futures contracts caught many of the world’s traders off guard, sending major US crude benchmark into negative pricing territory for the first time. But it probably will not be the last time.

Earth Day this year, 22 April, marked 50 years of raising global awareness for the challenges faced by the planet and the life it supports. IPIECA, the oil and gas industry association for advancing environmental and social performance, has been addressing climate issues for more than 30 years.

What are the impacts of the energy crunch on OCTG demand?

A selection of outstanding young professionals in the oil and gas industry whose work positively influences and inspires others.

Texas Railroad commissioners recognize the battering Texas oil companies, and their workers, are taking, but will continue considering their options until 5 May.

This contract is for the development of the Lambert Deep and Phase 3 offshore Northwest Australia.

The savings result in part from the depreciation of global currencies against the US dollar, as most operating expenses in oil and gas production are realized in local currencies. Brazil leads in savings.

Cutbacks in oil and gas production and drilling and completions will result in a decrease in produced water and will also lead to a reduction in water infrastructure investment.

Financial Fallout: For two big companies, tougher times call for tougher actions.