Continental Focus, International Reach

NOC Lifts Force Majeure on Oil Exports but Technical Problems Will Keep Production Low

National Oil Corporation (NOC) has lifted force majeure on all oil exports from Libya. The first vessel to load is the Kriti Bastion from Es Sider oil port. The increase in production will take a long time due to the significant damage to reservoirs and infrastructure caused by the illegal blockade imposed on January 17. […]

July 10, 2020 Read More

New Round of Loadshedding by Eskom

South African state utility Eskom announced that due to the increase in generation unit breakdowns, the company will implement Stage 2 loadshedding starting Friday for a period of 10 hours, beginning at 12:00 and ending at 22: 00. This loadshedding has been caused by an increase in plant breakdowns exceeding 3 000MW of capacity. Eskom […]

July 10, 2020 Read More

Halliburton and TechnipFMC Launch Joint Subsea Fiber Optic Service

Halliburton and TechnipFMC have introduced Odassea™, the first distributed acoustic sensing solution for subsea wells. The technology platform enables operators to execute intervention-less seismic imaging and reservoir diagnostics to reduce total cost of ownership while improving reservoir knowledge. The Odassea™ service integrates hardware and digital systems to strengthen digital capabilities in subsea reservoir monitoring and […]

July 10, 2020 Read More