News Archive Filter

RUNNING OUT OF STORAGE ARGENTINA’S YPF SLASHES OIL PRODUCTION BY 50%

April 15, 2020

Argentina’s local news outlet Rio Negro reported that the crisis in the oil industry has escalated to higher levels in the ...

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LM WIND POWER CLOSES BLADE MANUFACTURING SITE IN LITTLE ROCK

April 15, 2020

LM Wind Power will close its wind blade manufacturing plant at the Port of Little Rock later this year amid declining demand ...

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FRAMATOME TO PROVIDE REACTOR PROTECTION SYSTEM TO KURSK NUCLEAR POWER PLANT II

April 15, 2020

Framatome was awarded a contract to deliver the reactor protection system for units 1 and 2 at the Kursk Nuclear Power Plant ...

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OMV FINDS HYDOCARBONS AT TOUTOUWAI-1 SITE OFF THE COAST OF TARANAKI

April 15, 2020

OMV the Austrian integrated oil and gas company reported positive result for oil and gas off the coast of Taranaki in New Zea...

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BORR DRILLING NAVIGATES BY SIGHT AMID TERMINATIONS AND NEW CONTRACTS

April 14, 2020

Borr Drilling has been awarded contracts for work in the Asia Pacific region for two of its premium jack ups, of which one is...

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ZARUBEZHNEFT TO BOOST OIL PRODUCTION THREE-FOLD BY 2030

April 14, 2020

Russia’s Zarubezhneft plans to tap new regions and actively join foreign projects and boost oil output three-fold by 2030 t...

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IN RESPONSE TO COVID-19 PANDEMIC SINGAPORE MOVES FOREIGN WORKERS TO FLOATELS

April 14, 2020

In the late 19th century, Singapore used Saint John's Island located at about 6 km to the south of the main island to house a...

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EDRILL-2 RIGGED UP AT KERSIRI PLATFORM IN THE NATUNA SEA

April 14, 2020

The tender-assisted drilling unit EDrill-2 recently completed the heavy lifts for erecting the DES (drilling equipment set) a...

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SMALL GROUP OF EXPLORERS MAY HAVE FOUND A MAJOR OIL PROSPECT IN ALASKA NORTH SLOPE

April 13, 2020

The Anchorage Daily News reported that “a small group of explorers with one unique North Slope oil discovery already in han...

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