Saturday, August 17, 2019
Wintershall Dea has begun drilling 4 manufacturing wells on the Dvalin gasoline area within the Norwegian Sea, preparing for the beginning of manufacturing in 2020. Drilling of the manufacturing wells from the Transocean Arctic rig is predicted to final...
Oil main Shell has determined to not train its remaining choices for Awilco Drilling’s solely operational rig – WilPhoenix – which would depart the UK-based drilling contractor with no operational rigs as soon as the present contract expires until...
The world’s largest crude producer will quickly personal part of the world’s largest oil refinery.Saudi Aramco will purchase a 20% stake within the oil-to-chemicals enterprise of India’s Reliance Industries Ltd., together with the 1.24 MMbpd Jamnagar refining complicated on...
China-based COOEC Offshore has shaped an alliance with worldwide oilfield companies firm Expro, increasing their Riserless Well Intervention (RWI) capabilities and assets.COOEC Offshore, as a division of COOEC, is a big offshore engineering contractor servicing the total lifecycle of...
Tullow Oil has made its first discovery in its Orinduik license offshore Guyana, exceeding pre-drill forecasts and paving the way in which for extra exploration wells within the close to future.Paul McDade, Tullow Oil Chief Executive Officer, stated “This...
Woodside Energy Senegal awarded Halliburton 9 conditional contracts for drilling and completion companies for SNE Field Development Phase 1 offshore Senegal.“In addition to our companies, Halliburton will put money into Senegal via establishing amenities, hiring native employees and probably...
The outlook for international oil demand is “fragile” amid rising indicators of an financial slowdown, which squeezed consumption progress in the course of the first 5 months of this 12 months to the weakest in a decade, the International...
Most CEOs paint a rosy image once they discuss their corporations’ prospects. Not Guillermo Fonseca.The CEO of Colombian coal big Cerrejon—collectively owned by BHP Group, Glencore and Anglo American—isn’t sugar-coating something. The trade, he says, is in terminal decline,...
Occidental Petroleum immediately introduced the profitable completion of its acquisition of Anadarko Petroleum in a transaction valued at $55 billion, together with the idea of Anadarko’s debt.“With Anadarko’s world-class asset portfolio now formally a part of Occidental, we start...
The Saipem-owned pipelay vessel Castoro 10 (C10) is at the moment positioned off Rügen, Germany to tie collectively the 2 ends of a Nord Stream 2 pipe string laid final 12 months on the seabed.Nord Stream 2 AG, a...
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