The 25th licensing round covers nine areas, eight of which are located in the Barents Sea and one further south in the Norwegian Sea. Offering licenses so far north is controversial, with environmental organizations contesting similar awards in the courts. SourceContinue Reading
NexTier and NOV will collaborate to test the operational capability of the Ideal eFrac prototype in the field and under normal operating conditions. The agreement provides NexTier the option to transform from the test phase to the future purchase of the first Ideal eFrac fleet manufactured by NOV. SourceContinue Reading
Will Biden Reinstate The Iran Nuclear Deal? | OilPrice.com Global Risk Insights GlobalRiskInsights.com provides the web’s best political risk analysis for businesses and investors. Our contributors are some of the brightest minds in economics, politics, finance, and… More Info Premium Content By Global Risk Insights – Nov 19, 2020, 10:00 AM CST In an ominous...Continue Reading
Oil Search Ready To Restart Alaskan Crude Production | OilPrice.com Irina Slav Irina is a writer for Oilprice.com with over a decade of experience writing on the oil and gas industry. More Info Related News By Irina Slav – Nov 19, 2020, 9:30 AM CST Australian Oil Search plans to make the final investment decision...Continue Reading
Norway Opens New Arctic Oil Blocks For Exploration | OilPrice.com Charles Kennedy Charles is a writer for Oilprice.com More Info Premium Content By Charles Kennedy – Nov 19, 2020, 9:00 AM CST Norway is offering 136 offshore oil and gas exploration blocks in the Barents Sea and the Norwegian Sea, the country’s Petroleum Directorate said...Continue Reading
Italy’s Snam SpA agreed to buy 33% of electrochemical tech firm Industrie De Nora SpA as part of its expansion into the hydrogen business. SourceContinue Reading
Total has been active in Libya for decades and holds shares in key oil fields, including the nation’s biggest — Sharara — and the offshore Al Jurf deposit. The Paris-based company also has a share in the Mabruk field, which has been closed for years because of political upheaval. SourceContinue Reading
Discord within OPEC has grown since late summer, when the UAE breached its quotas and got a stern warning from Saudi Arabia. Emirati policy makers seem increasingly frustrated by what they see as an unfair allocation of production caps, as their economy reels from falling oil revenue and the coronavirus pandemic. SourceContinue Reading
Haaland, who was just elected to her second term in the House, is a top contender for the post of Interior secretary along with retiring Senator Tom Udall, the people said. Both are Democrats from New Mexico. SourceContinue Reading
Will The UAE Withdraw From OPEC? | OilPrice.com Julianne Geiger Julianne Geiger is a veteran editor, writer and researcher for Oilprice.com, and a member of the Creative Professionals Networking Group. More Info Premium Content By Julianne Geiger – Nov 18, 2020, 7:00 PM CST OPEC has suffered immensely under the pandemic and subsequent oil demand...Continue Reading
