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Otakikpo JV advances Otakikpo drilling plans with service agreements
Posted on Monday July 13, 2020

Otakikpo JV, a joint venture of Green Energy International Ltd., Abuja, and Lekoil Ltd., London, signed definitive agreements to advance Otakikpo marginal field development in OML 11 in Nigeria’s Niger Delta.

Beach, Bridgeport awarded offshore Otway permits
Posted on Monday July 13, 2020

Beach Energy Ltd., Adelaide, and Bridgeport Energy Ltd., Sydney, were awarded two new exploration permits in the inshore sector of Otway basin of southwest Victoria.

Talos, Block 7 partners have 120 days to submit unitization plans for Zama field
Posted on Friday July 10, 2020

Talos Energy along with Block 7 partners and Petróleos Mexicanos (Pemex) have 120 working days to submit a Unitization and Unit Operating Agreement to Mexico's Ministry of Energy for Zama field development.

ReconAfrica subsurface evaluation to aid Kavango basin exploration
Posted on Thursday July 09, 2020

Reconnaissance Energy Africa Ltd. (ReconAfrica) completed a subsurface evaluation delineating large prospective conventional hydrocarbon bearing structures throughout the entire Kavango basin.

Equinor awards portfolio agreement for Oseberg upgrade project
Posted on Wednesday July 08, 2020

Equinor has awarded Aibel a portfolio agreement for modification tasks at Oseberg fields in the Norwegian North Sea.

WSJ.com: US Business

Apple Wins Major Victory in Battle With EU Over Tax
The bloc?s second-highest court sided with the U.S. company over a $14.8 billion tax bill that EU antitrust officials had said the company owed to Ireland.

Moderna's Covid-19 Vaccine Moves to Bigger Study
A new U.S.-funded trial would seek 30,000 subjects and could deliver an answer by year-end about whether the vaccine induces immune responses sufficient to protect people safely.

U.K. to Ban Huawei From 5G Networks Amid China Tensions
The British government said it would bar telecom companies from purchasing new equipment made by China?s Huawei and gave them until 2027 to remove its technology from their 5G wireless networks, a sharp about-face that marks a significant victory for the U.S.

Auto Makers Grapple With Worker No-Shows as Covid-19 Cases Surge
General Motors and Ford are struggling to keep workers on the job as coronavirus cases increase, forcing the companies to cut shifts, hire new workers and transfer others to fill vacant roles.

Searching for Video? Google Pushes YouTube Over Rivals
Facebook and other competitors host the same videos, but engineers have made changes that effectively preference YouTube?owned by Google?over other video sources. Journal tests show YouTube usually ends up first and takes most of the slots in Google Search video carousels, prime results real estate.

U.S. June Consumer Prices Rose Sharply
U.S. consumer prices rose sharply in June while states were broadening efforts to reopen, with costs snapping back for products and services that were hit hard by the coronavirus pandemic.

Sobering Economic Data From Europe, Asia Dash Hopes for Swift Recovery
Early data suggest the recovery from the economic crisis precipitated by the coronavirus pandemic could take longer than originally hoped, with countries facing a long slog to recover lost jobs and income.