All articles by Agne Suipyte

Permian Basin witnessed drastic drop in drilling activity during Covid-19 pandemic

GlobalData’s latest report, Permian Basin in the US, 2020 – Oil and Gas Shale Market Analysis and Outlook to 2022,…
Hess to sell stake in Gulf of Mexico field to BHP Billiton for $505m

Oil and gas company Hess Corporation has signed an agreement to sell its 28% working interest (WI) in the Shenzi…
Equinor selects Odfjell to drill Breidablikk field wells in North Sea

Equinor has issued Odfjell Drilling a letter of intent (LoI) to drill 15 wells on the Breidablikk field in the…
Oil prices rise after Trump’s return to White House from hospital

Oil prices edged higher after US President Donald Trump returned to the White House from hospital after being admitted for…
Permian Basin outlook to stabilise at an average annual production of 4.3 million barrels per day during 2020

The Permian Basin has been the most affected play in the US since the beginning of the Covid-19 pandemic. The…

Global oil and gas M&A on a decline amid Covid-19 pandemic

GlobalData’s latest thematic report, ‘M&A in Oil and Gas (2017–Q1 2020)’ suggests that, in the short term, Covid-19 is likely…
Covid-19 and price crisis have put the timing of ADNOC’s joint project developments under review

Abu Dhabi National Oil Company (ADNOC) has not reported any direct coronavirus-induced operational disruptions across its value chain. However, the…
Bakken Shale play witnesses substantial drop in production after Covid-19 pandemic

GlobalData’s latest report, Bakken Shale in the US, 2020 – Oil and Gas Shale Market Analysis and Outlook to 2022′,…
Impact of Covid-19 crisis and weakened oil prices on Latin American NOCs

The GlobalData Upstream Impact Scorecard considers a number of factors that determine a company’s upstream business impact from Covid-19 and…
Impact of Covid-19 on Asia Pacific refinery sector

Nationwide lockdowns across the Asia Pacific region to curtail the spread of Covid-19 has resulted in a steep decline in…