Siccar Point and Shell delay FID on Cambo project

Operator Siccar Point Energy and its joint venture partner, Shell, have announced the deferral of the planned sanction date for...

Equinor sees estimate-beating Sverdrup production ramp-up

Norway’s Johan Sverdrup field in the North Sea expects to reach plateau production for the first phase in early May, earlier than...

Eni starts production at wind farm in Kazakhstan

Eni, through its local renewable subsidiary ArmWind LLP, started the commercial production of the Badamsha Wind Farm located in...

Trio of oil and gas players unite to launch new ‘Coretrax’

Three oil and gas technology firms have joined forces to offer the global oil and gas industry an integrated and boundary pushing...

ConocoPhillips to slow operational activity in Lower 48

ConocoPhillips is taking several actions in response to the recent oil market downturn that will see it lower its operating...

McDermott wins technology contract in Southeast Asia

McDermott International announced that Chevron Lummus Global (CLG), McDermott's joint venture with Chevron, has been awarded a...

Equinor suspends share buy-back programme

Norway's Equinor announced that under the current market conditions it is suspending buy-back under the share buy-back programme...

Chevron to reduce capital spending by US$4 bln

U.S. Chevron has announced a cut in capital and exploratory spending by 20 per cent to $16 billion in response to market...

Aker BP reduces capex by 20 per cent in 2020

Aker BP announced an update to its investment programme in response to the high uncertainty caused by the COVID-19 crisis that...

Xodus sees major growth in cable services

Xodus Group has recorded a major increase in the provision of services related to subsea power cables over the last twelve months