Nigeria launches marginal field round
Nigeria has officially launched a marginal field bid round, with the Department of Petroleum Resources (DPR) saying 57 fields are available.
Insights
Revised furlough scheme unlikely to ‘stem tide’ of oil job losses
The UK Government’s furlough scheme is unlikely to “stem the tide” of oil industry job losses as employers are told to start contributing to wages in the coming months, lawyers and politicians said.
Covid crude price crash gives oil firms ‘years, not decades’ to reshape, PwC says
The Covid-inflicted oil price crash has left oil and gas companies facing two distinct choices, a new report said.
Doing deals in lockdown – signs of encouragement in the gloom
Our client Humber Oil & Gas’ divestment of its interest in one of the largest UK onshore hydrocarbon discoveries may have been our second oil and gas deal of 2020, but it was the first we conducted wholly remotely, thanks to UK lockdown rules.
HSE confirms four people have contracted Covid-19 working offshore, with more expected
The Health and Safety Executive (HSE) has reported that four workers have contracted Covid-19 as a result of occupational exposure offshore, with more expected to follow.
Lockdown easing sparks South African fuel shortages
South Africa has “inadequate” stocks of diesel, an industry body has warned, as demand has accelerated beyond expectations with the easing of lockdown limitations.
Protecting investments in times of great crisis
There is little doubt the first quarter of 2020 will go down in investment history as a “notable” period that investors will remember – alongside others such as 1987’s Black Monday, when US markets fell by more than 20% in one day and the global financial crisis of 2008-9.
Chancellor will ask employers to pay 20% of furlough wages
The Chancellor is set to tell employers they will need to contribute to their furloughed workers' salaries from August as the Government admitted the scheme cannot run "indefinitely".
‘Virtual’ Energy Exports Conference set for late September
The Energy Exports Conference (EEC) is now "fully virtual and free to attend", according to its organiser, the Energy Industries Council.
Southern North Sea conference moving online
East of England Energy Group's flagship event, SNS2020 will be moving online on September 16-17.
Innovating during a crisis
When an industry is faced with a collective crisis, demand for new solutions and ways of working increase as challenges are grappled with.
UK North Sea seeks asymptomatic testing to help get thousands of people back to work
Asymptomatic testing will be the key “ask from government” to help get thousands of people back to work in the North Sea, according to an industry boss.
New Covid reality can advance ‘inclusion agenda’, oil chiefs say
With the right leadership, the new working norms created by the Covid-19 lockdown can help advance the “inclusion agenda”, oil industry chiefs said today.
Subsea 7 to cut 3,000 jobs in the next year
Energy service firm Subsea 7 said today that it intends to lay off 3,000 workers over the next year.
ANPG warns of pandemic impact on licence round
Angola’s Agência Nacional de Petróleo, Gás e Biocombustíveis (ANPG) has released details on new blocks available for bidding this year but warned there may be delays as a result of the coronavirus pandemic.
Panoro warms to Tunisian exploration
Panoro Energy has reported higher production in the first quarter but lower revenues, as a result of fewer liftings and lower prices.
Shell airlifts workers after coronavirus outbreak on Gulf rig
Shell Oil, the U.S. subsidiary of energy giant Royal Dutch Shell, has evacuated nine workers from a company platform in the Gulf of Mexico for testing and treatment of COVID-19, the illness caused by the coronavirus.
Renewables in Africa – Insights from the legal world
Renewable energy in Africa looks set for a bright future, with increasing investment and growing incentives from states to develop green infrastructure. But what are the key legal and contractual issues that stakeholders should consider?
Mozambique’s gas hub future
The LNG industry in Mozambique will have a transformative impact on the country’s economy – and establish it as a regional gas hub, participants on an Africa Oil Week webinar have said.
Pemex’s mounting death toll
When 62-year-old Tomas Morales registered a fever of 101.3 Fahrenheit on April 14, the doctor told him to self-isolate. But there was a problem: Morales was on an oil platform off the Mexican coast only reachable by helicopter, and he shared a bedroom with three other workers.
Quarantine exemption ‘very welcome’ says owner of North Sea support vessels
A North Sea support vessel firm has welcomed a government move to exempt oil workers from quarantine rules.
Record spending cuts this year, IEA warns
The coronavirus pandemic has triggered the “largest drop in global energy investment in history”, the International Energy Agency (IEA) has said, launching its World Energy Investment 2020 report.
Sasol denies fuel station sale plan
Sasol has denied that it plans to sell off its downstream fuel retail business, saying that it was instead committed to expanding this work in South Africa.
‘Doubt and questioning’ over quarantine exemption for oil workers, says union boss
There remains “doubt and questioning” around the UK Government’s quarantine exemption for offshore workers and the potential spread of Covid-19, according to a union boss.
The Aberdeen Clinic ramps up to 500 offshore worker tests per day
An Aberdeen firm has ramped up to testing more than 500 offshore workers per day for Covid-19.