Demand recovery at risk if coronavirus outbreak forces fresh lockdowns: Wood Mac
As lockdowns began to ease around the world, demand started to recover, but the risk of a second wave of coronavirus is rising and fresh lockdowns are likely to appear
Industry
Wild Well Control, Oil Spill Response sign agreement for increased response capabilities
Wild Well Control (WWC) and Oil Spill Response Limited (OSRL) have signed a strategic alliance agreement that provides an increased capability to the oil and gas industry
NNPC opens portal for rehabilitation of pipelines and associated depot/terminal infrastructure
The Nigerian National Petroleum Corporation, Nigeria’s national oil body, has opened the portal for prequalification for the rehabilitation of the downstream’s critical pipelines and associated depot/terminal infrastructure through a finance build operate and transfer model
Oilfield service firms experiencing lowest total headcount in over a decade, says Rystad
The turmoil on the oil market caused by COVID-19 has led to less than anticipated activity and delayed projects, forcing the industry to implement cost-cutting measures
Equatorial Guinea continues its proactive engagement with oil industry
Gabriel Mbaga Obiang Lima, Minister of Mines and Hydrocarbons (MMH), recently met with an industry delegation in Malabo to maintain the engagement with Equatorial Guinea’s oil sector in the light of the ongoing COVID-19 crisis and challenging market condition
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