Royal Dutch Shell has begun drilling the Saturn block in the Santos pre-salt basin, the company's Brazil chief said on Thursday, adding that Brazil faces hurdles to remain attractive in a low-price environment.
Sir Winston Churchill once admonished leaders to never let a good crisis go to waste. Wall Street banks and other large banks have been paying attention: They were shrewd enough to seize the opportunity presented by the last financial crisis to get hard-nosed government agencies to approve giant M&A deals they would otherwise have frowned upon.
Danish offshore vessel owner Maersk Supply Service has won a contract for the removal of the Dunlin Alpha platform’s subsea conductors and guide frames in the UK North Sea, by Fairfield Betula Limited.
UK-based rig inspection company Aberdeen Drilling Consultants (ADC) has launched what it calls a "resilience audit" aimed at helping the global oil and gas industry maintain safe operations by protecting against the spread of COVID-19 on offshore installations.