The travel restrictions that the new strain of COVID-19 has triggered are indeed affecting some oil demand but the news of a final US stimulus agreement are also too significant to brush off, according to Louise Dickson, oil markets analyst at Rystad Energy
Industry
Energean completes Edison E&P acquisition
Energean, an exploration and production company, has completed its acquisition of Edison Exploration & Production S.p.A. (Edison E&P) from Edison S.p.A
Eight leading energy companies announce Transition Principles
Eight leading energy companies have jointly developed and agreed Principles as a collaborative platform for energy transition
TransGlobe Energy to merge, extend and modernise its Eastern Desert concessions
TransGlobe Energy Corporation has reached an agreement with the Egyptian General Petroleum Corporation (EGPC) to merge the three existing Eastern Desert concessions (West Gharib, West Bakr and North West Gharib concessions) into a new modernised concession agreement
MODEC awarded operations and maintenance contract for Sangomar field FPSO
MODEC Senegal S.A.S.U. (MOSEN) has signed a contract with Woodside Energy for the operations and maintenance of a Floating Production Storage and Offloading (FPSO) vessel for the Sangomar Field Development Phase 1 project offshore Senegal