World oil markets have rebounded from the massive demand shock triggered by COVID-19 but still face a high degree of uncertainty that is testing the industry as never before, according to a a report by International Energy Agency (IEA)
Exploration
Expro and FTAI Ocean LLC form well intervention vessel alliance
International oilfield service company Expro Group has formed an alliance with global vessel provider FTAI Ocean LLC (FTAI Ocean), a subsidiary of Fortress Transportation and Infrastructure Investors LLC to supply the DP3 M/V Pride well intervention vessel
Ashtead Technology and Ocean Atlantic Petroleum’s new partnership secures Total E&P contract in Angola
A new partnership between Ashtead Technology, an integrated subsea technology and services specialist, and inspection and asset integrity company Ocean Atlantic Petroleum SA (OAP) has, after successfully executing its first marine services project in West Africa, received awards for further work in the region
Oil dips on US stocks projections and Covid-19 vaccine setbacks, says Rystad Energy
Rystad Energy’s head of oil markets Bjornar Tonhaugen has discussed the global oil recovery segment and oil market scenario in the light of oil price decline and vaccination drive
Energy industry outlines strong African oil and gas recovery
The African Energy Chamber has launched its book titled, ‘African Energy Road to Recovery: How The African Energy Industry Can Reshape Itself For A Post COVID-19 Comeback’ which details recommendations, case studies and solutions for how the industry can reshape itself to enable a post-COVID-19 comeback
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