TechnipFMC delays split until market improves
Energy services firm TechnipFMC said this evening that its split into two separate companies would be delayed due to recent market turmoil.
Covid-19
Equinor down-manning Martin Linge platform due to coronavirus discovery
Oil and gas firm Equinor has confirmed that it has begun down-manning procedures on its Martin Linge platform in the Norwegian section of the North Sea.
Repsol confirms Spanish employee has Covid-19
Spanish oil and gas firm Repsol has confirmed that a workers at the company's Andalucia office has been diagnosed with coronovirus (Covid-19).
Aberdeenshire oil worker quarantined in China over coronavirus fears
An Aberdeenshire oil worker under quarantine in China has said he “doesn’t know” when he will be able to return to the UK.
North Sea ‘already battening down the hatches’ over oil price-quake
I can imagine the expletives uttered the length and breadth of the North West Europe Continental Shelf as folk across the offshore oil & gas industry woke up this morning … from operators right down the food chain to the smallest service companies.
Being logical about oil and gas contracts amid the coronavirus outbreak
As cases of the coronavirus (COVID-19) increase around the world, industry continues to experience the effects. In particular, Chinese manufacturers in some areas have stopped operations due to factory shutdowns which in turn is starting to affect supply chains. As lead times catch up with supply constraints we expect this to become problematic in the weeks to come.
Total limits worker travel to ‘absolute minimum’ amid spread of coronavirus
French oil and gas giant Total has confirmed it has limited the air travel of its employees to an "absolute minimum" as the threat level from coronavirus continues to rise.
Nigeria plans budget review after Covid-19 hits oil prices
Nigeria may have to adjust its budget this year after fears of coronavirus pandemic dragged the price of crude under the target set in its 2020 spending plan.