A slow, gradual recovery for global land rig demand is expected following the COVID-19 induced downturn in 2020, according to an analysis from Westwood Global Energy Group, the specialist energy market research and consultancy firm
Industry
Hurricane Ida may pave the way for price volatility, says Rystad Energy
Rystad Energy’s initial assessment of Hurricane Ida’s impact on US oil production and refinery capacity estimates a peak daily supply curtailment of 1.8 mmbbl per day (bpd) in the Gulf of Mexico
Logan Industries and Dave Krug launch 480 PLUS lift rod pumping surface unit
Logan Industries International Corporation (Logan Industries) has partnered with inventor Dave Krug to support and manufacture the patent-pending 480 PLUS rod pumping surface unit in Texas
Eni announces major oil discovery in block CI-101, offshore Ivory Coast
Eni has announces a major oil discovery in block CI-101 offshore Ivory Coast
LYTT and SINTEF to build CCS monitoring solutions
LYTT has partnered with SINTEF to demonstrate the effectiveness of novel technology to monitor CO2 transport and migration in storage reservoirs