Norwegian Field Gets New Life
Petroleum Safety Authority Norway has given Repsol consent to extend the life of the Rev field until April 2021.

Petroleum Safety Authority Norway (PSAN) revealed Monday that it has given Repsol consent to extend the life of the Rev field until April 2021.



South America Fuels Booming FPSO Market
The global buy Wellhead market for floating production, storage and offloading (FPSO) vessels is booming, according to energy research firm Rystad Energy.



Oil Drops as Demand Fears Stoked
Oil dropped as U.S. President Donald Trump said planned trade talks with China next month could be called off.

(Bloomberg) -- Oil dropped as U.S.



Halliburton Wins Nine Contracts for Work Offshore Senegal
Woodside Energy has awarded Halliburton nine conditional contracts for drilling and completions services offshore Senegal.

Halliburton Company on Monday said it had been awarded nine conditional contracts for drilling and completion services for SNE Field Development Phase 1 offshore Senegal.



Virtual Operating: The New Oil Entrepreneur
John is a petroleum engineer with nearly 40 years of experience in the industry. He founded Select Exploration Group with his colleague Paul and they're running their small BOP Blow Out Preventer repair company gulf coast as virtual operators.



Texas Oil Regulator Shifts Stance on Gas Flaring
An unusual split vote by Texas regulators over the flaring of natural gas shows that the days of giving a free pass to the controversial practice in the Lone Star state may be numbered.



Oil Jumps Most in Month
Oil surged the most in nearly a month as investors digested Saudi Arabia's latest plan to help stabilize prices following a large dip earlier in the week that was fueled by demand concerns.



US Drops Another Eight Oil, Gas Rigs
The U.S. shed six oil rigs and two gas rigs this week.

The U.S. rig count continued its decline this week as the nation dropped another eight oil and gas rigs, according to weekly data from Baker Hughes, a GE Company.



Saudis Discussing Options to Halt Oil Slide
Saudi Arabia has phoned other oil producers to discuss possible policy responses.

(Bloomberg) -- Saudi Arabia has phoned other oil producers to discuss possible policy responses as oil prices fell to a seven-month low, a Saudi official said.



Oil Rebounds as Saudis Seek to Stem Slide
Oil rebounded from the lowest level since January after Saudi Arabia contacted other producers to discuss options to stem a rout.

(Bloomberg) -- Oil rebounded from the lowest level since January after Saudi Arabia contacted other producers to discuss options to stem a rout that’s been driven by the worsening U.S.

  1. Oil Rebounds From Seven-Month Low | Gulf Coast Oil Rig Equipment & Repair
  2. Chevron Phillips to Supply Pipe to EVX Midstream | Gulf Coast Oil Rig Equipment & Repair
  3. Alberta's Oil Limits Seem to be Working | Gulf Coast Oil Rig Equipment & Repair
  4. US Cuts Brent Oil Price Forecast | Gulf Coast Oil Rig Equipment & Repair

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