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Shell Poised To Dethrone Exxon In Oil Titans' Cash Clash | Gulf Coast Oil Rig Equipment & Repair



Royal Dutch Shell could usurp its largest rival Exxon Mobil as the energy sector's biggest cash generator.

LONDON, Feb 1 (Reuters) - Royal Dutch Shell could usurp its largest rival Exxon Mobil as the energy sector's biggest cash generator after higher oil and gas prices combined with an improved performance lifted its 2017 revenue.

Published: 31 January 2018

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North Dakota Bakken Oil Rises Again in Shadow of Mighty Permian | Gulf Coast Oil Rig Equipment & Repair



The second-largest US shale-oil play is growing in the shadow of a newer, bigger and faster-growing competitor.

(Bloomberg) -- The Bakken shale is roaring back to life, and Kevin Black sees the evidence almost every day as he looks out the window of his blue Ford F-150 pickup truck.

Published: 31 January 2018

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Norway's Sverdrup Oilfield Could Start In Oct. 2019 -Partner | Gulf Coast Oil Rig Equipment & Repair



OSLO, Feb 1 (Reuters) - First oil from Norway's giant Johan Sverdrup field could come in October 2019, one of the partners, Sweden's Lundin Petroleum, said in presentation material accompanying its earnings report on Thursday.

Published: 31 January 2018

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Oil Rises As OPEC Compliance Eclipses Boom In US Output | Gulf Coast Oil Rig Equipment & Repair



NEW YORK, Feb 1 (Reuters) - Oil rose on Thursday after a survey showed OPEC's commitment to its supply cuts remains in place, even as U.S.

Published: 31 January 2018

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ExxonMobil Names MetLife CEO Kandarian To Its Board | Gulf Coast Oil Rig Equipment & Repair



HOUSTON, Feb 1 (Reuters) - Exxon Mobil Corp, the world's largest publicly-traded oil producer, named MetLife Inc Chief Executive Steven Kandarian to its board of directors on Thursday.

Published: 31 January 2018

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Shell Says To Sell Its Stake In Thai Bongkot Fields To PTTEP For $750 Mln | Gulf Coast Oil Rig Equipment & Repair



Royal Dutch Shell will sell its stake in the Bongkot gas field and adjoining acreage offshore Thailand to PTT Exploration & Production PCL.
Published: 30 January 2018

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'Major' Deep Offshore Oil Discovery Made in U.S. Gulf of Mexico | Gulf Coast Oil Rig Equipment & Repair



A 'major' oil discovery has been made at the Ballymore prospect, located deep offshore in the U.S. Gulf of Mexico.

Chevron Corporation announced Wednesday that a ‘major’ oil discovery has been made at the Ballymore prospect, located deep offshore in the U.S.

Published: 30 January 2018

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CEO: Petrobras Making 'Interesting Discoveries' In Campos Basin | Gulf Coast Oil Rig Equipment & Repair



SAO PAULO, Jan 31 (Reuters) - Brazil's state-controlled oil BOP Blow Out Preventer repair company gulf coast Petroleo Brasileiro SA is making "interesting discoveries" in blocks in the Campos basin, off the Rio de Janeiro coast, where it is drilling deeper to reach the pre-salt layer, Chief Executive Pedro Parente said on Wednesday.

Published: 30 January 2018

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Israeli Minister Says Lebanese Claim On Gas Field 'Provocative' | Gulf Coast Oil Rig Equipment & Repair



Israel described as 'very provocative' a Lebanese offshore oil and gas exploration tender on the countries' maritime border, and urged international firms not to bid.
Published: 30 January 2018

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Kuwait Petroleum To Spend Over $500B By 2040 As It Lifts Oil Capacity | Gulf Coast Oil Rig Equipment & Repair



KUWAIT, Jan 31 (Reuters) - Kuwait Petroleum Corp expects to spend over $500 billion as it boosts its crude oil oil rig flanges gulf coast production capacity to 4.75 million barrels per day in 2040, the national oil firm said on Wednesday, outlining ambitious growth plans for the next two decades.

Published: 30 January 2018

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  1. Crude Gains First Time This Week After Gasoline Supplies Drop | Gulf Coast Oil Rig Equipment & Repair
  2. RIA: Russia's Novatek To Launch Second Yamal LNG Line In September | Gulf Coast Oil Rig Equipment & Repair
  3. Shale Sends US Output Past Historic 10 Million-Barrel Mark | Gulf Coast Oil Rig Equipment & Repair
  4. Oil, Gas 'Might Need a Tesla' to Attract Best Talent | Gulf Coast Oil Rig Equipment & Repair

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