Rystad Energy impact analysis shows that US drilled but uncompleted wells (DUCs) will be the first assets to be threatened by the newly formed low price environment, as their breakeven costs are now only dollars away from market prices
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As Nigeria is reeling from oil price fall due to the COVID-19 situation, the government has set up a committee to review 2020 preparatory to cutting down on its spending
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Nigeria’s leading engineering and manufacturing company Tranos has partnered with Siemens for the manufacturing of metal-enclosed switchgear in Nigeria
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Offshore Network has published the report ‘Nigeria Well Intervention Forecast', which has relevant data critical to well intervention stakeholders in West Africa
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As global markets reel in the wake of the oil price crash, Wood Mackenzie’s Tom Ellacott said, “The price collapse could be the trigger for a new phase of deep industry restructuring - one that rivals the changes seen in the late-1990s
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