The 19th OPEC and non-OPEC Ministerial Meeting (ONOMM), held via videoconference, has noted the ongoing strengthening of market fundamentals, with oil demand showing clear signs of improvement and OECD stocks falling, as the economic recovery continued in most parts of the world with the help of accelerating vaccination programmes
Exploration
Halliburton launches direct fracture monitoring service
Halliburton has launched ExpressFiber, a single-use fibre optic cable that offers accurate, direct subsurface measurements, including cross-well communication, at a price point that enables fracture monitoring on every well pad
Golar LNG partners with Perenco Cameroon and SNH
Golar LNG Limited has partnered with Perenco Cameroon and Société Nationale des Hydrocarbures (SNH) to increase utilisation of the FLNG Hilli Episeyo (Hilli)
Sirius Petroleum signs MoU with Baker Hughes for OML 65 development in Nigeria
Sirius Petroleum, Africa-focused oil and gas production and development company, has signed a MOU with Baker Hughes that appoints Baker Hughes as the approved services provider to Phase 1 of the approved work programme (AWP) of the OML 65 Licence, a large onshore block in the western Niger Delta, Nigeria
JP Morgan top M&A financial adviser in oil and gas sector for H1 2021, says GlobalData
JP Morgan has emerged as the top financial adviser for mergers and acquisitions (M&A) by both value and volume in the oil and gas sector for H1 2021, having advised on 18 deals worth US$66.7bn, according to GlobalData, a leading data and analytics company