The European oil majors (Shell, BP, TotalEnergies, Eni and Repsol) have benefitted dramatically from elevated oil and gas prices in the Q1 2021 as income returned to near pre-pandemic levels, according to GlobalData, a leading data and analytics company
Exploration
Sound Energy acquires additional interest in eastern Morocco
Sound Energy, the Morocco-focused upstream gas company, has signed a deal with Schlumberger Holdings II Limited to acquire the entire issued share capital of Schlumberger Silk Route Services Limited (SSRS)
McDermott wins EPCC contract for Tilenga project, Uganda
A consortium of a subsidiary of McDermott International, and Sinopec International Petroleum Service Corporation has received a conditional Letter of Award for the Tilenga project valued at approximately US$2bn
Sensia – How it brings connected enterprise to life for oil and gas
Mike Corrieri, sales manager – EMEA – heavy industries, Rockwell Automation, has highlighted how connected operations can deliver massive efficiency gains for oil and gas businesses that operate in a volatile environment with profit margins under continual pressure
Equinor: Energy perspective builds greater understanding in realising energy transition
Energy perspectives addressed relevant topics and challenges that can inform discussions and build a greater understanding of what is needed to realise an energy transition and the decisions the world faces, according to Eirik Wærness, chief economist in Equinor
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