Oil companies' COVID-19 response testing

OGInsights has connected with over 50 offshore operators since March 2020 to review how operations have adapted to ensure the health and safety of their workforces. As soon as the seriousness of COVID-19 came to light oil, companies on the whole have been massively responsive in prioritising the implementation of COVID-19 measures above all else. When the outbreak first happened there was definitely a scramble to secure helicopter space to transport...

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Hurricane receives extension from OGA for Lincoln commitment well at Greater Warwick Area

Hurricane Energy, the UK based oil and gas company focused on hydrocarbon resources in naturally fractured basement reservoirs, has provided an update in relation to planned activities on the Lincoln subarea of Licence P1368, part of the Greater Warwick Area ('GWA'). In light of the COVID-19 pandemic, Hurricane has requested extensions to certain licence commitments pertaining to Lincoln. The Oil and Gas Authority has responded positively to...

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Oil giants posturing

Since the collapse of the OPEC+ meetings and in the wake of seismic demand destruction from COVID-19, both Saudi Arabia and Russia have been in a battle of who will blink first with commitments to increase production in the hopes of forcing the other back to the table to recommence production cut discussions. However as of today, there has been no face saving solution for either to MBS or Putin to back down and even Trump's calls to OPEC/Russia...

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COVID-19 North Sea Recovery by end 2020

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