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Aquaterra Energy Wins Platform Work Offshore Trinidad and Tobago

2020-05-19 15:38:46| OGI

DeNovo Energy has awarded Aquaterra Energy, a leader in global offshore engineering solutions, the FEED contract on May 18 for a second Sea Swift platform to be located in the Zandolie field, off of the west coast of Trinidad and Tobago.

Tags: work energy platform tobago

 

EIG Raises $1.1 Billion for Fund Seeking Energy Transition Opportunities

2020-05-19 11:10:00| OGI

With demand for capital high and many traditional sources of capital retreating, the fund is seeking opportunities in the global transition away from traditional hydrocarbons, EIG President Randy Wade says.

Tags: energy opportunities fund seeking

 
 

Ovo Energy to close offices and cut 2,600 jobs

2020-05-19 07:53:39| BBC News | Business | UK Edition

The new owner of SSE's retail division says the lockdown has forced it to accelerate cost-cutting measures.

Tags: close jobs energy cut

 

Hart Energy Unconventional Activity Tracker (Week of May 18, 2020)

2020-05-18 19:59:12| OGI

For a second week in a row, the number of rigs operating in the U.S. fell to another all-time low, though, according to Enervus, this is the first single-digit decline in the U.S. rig count over the past 12 weeks.

Tags: week activity energy tracker

 

Lundin Energy Cuts 2020 Oil Output Goal, Raises Long-term Target

2020-05-18 15:00:45| OGI

Lundin is now targeting daily volumes of 157,000 boe/d day this year, down from a previous 160,000-170,000 boe/d.

Tags: energy target goal oil

 

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