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On Wednesday, the World Health Organisation (WHO) announced that COVID-19 is officially a pandemic, infecting over 126 000 people worldwide and killing more than 4600 individuals.  The news breaks only hours after Shell reveals that one of its’ staff in the Aberdeen, UK headquarters was tested positive for the virus. The company further advised those who worked closely with the affected individual to self-quarantine at home.  Further North, Equinor confirms...
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Chief Executive of UK North Sea Trade Association Oil & Gas UK (OGUK), Deidre Michie,  makes the call to minimise costs and uncertainty for the many delegates. The key event “Share Fair” is set to run on the 24th March in Aberdeen, Scotland. However, it has now been rescheduled to 16th September in an email received by the delegates. OGUK events on the other hand, are expected to run as...
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The most recent US-Iran political conflict saw much tension to the Iranian oil facility. Iran, closed with exports of 500,00 bl/d average since May 2019 when sanctions were ended by the US government. Verisk Maplecroft reported the gradual change had a massive impact on the country’s economy.   However, the energy world was then greeted by another wave of uncertainty; the novel coronavirus outbreak originating from China. Top dogs in energy...
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In the most recent data collected, Pakistan stands at 152 on the United Nation’s Human Development Index (HDI). The HDI is a measure of a country’s growth that encompass the people’s average life span, accessibility to education as well as decent standards of living. It is only right for the nation’s leader, Prime Minister Imran Khan, to want to look for solutions. And according to the United States Energy Information...
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SapuraOMV Upstream has started production of gas on its Larak field, a maiden project on Block SK 408 production, located at Sarawak in East Malaysia. The SK 408 fields were originally discovered during a 2014 drilling campaign. The project is at the initial development phase where commercialisation of the Gorek, Larak and Bekong fields are being carried out. The fields are being tied back to an existing processing facility so...
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