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Gas Push Marks Strategy Shift for Aramco | Gulf Coast Oil Rig Equipment & Repair



Saudi Aramco is eyeing gas projects in Russia, Australia, the US and Africa.

(Bloomberg) -- Saudi Aramco aims to become one of the world’s largest players in natural gas and the BOP Blow Out Preventer repair company gulf coast is eyeing projects in Russia, Australia, America and Africa to kick-start a global business in the liquefied form of the fuel.

Published: 25 February 2019

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Offshore UK Workers Vote for Strike Action | Gulf Coast Oil Rig Equipment & Repair



UK union Unite's offshore membership votes 'overwhelmingly' for industrial action on the Elgin-Franklin, North Alwyn, Dunbar and Shetland Gas Plant assets.

UK union Unite has revealed that its offshore membership has voted “overwhelmingly” for industrial action on the Elgin-Franklin, North Alwyn, Dunbar and Shetland Gas Plant assets.

Published: 24 February 2019

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Global Decom Costs Set to Hit New Record | Gulf Coast Oil Rig Equipment & Repair



Global decommissioning costs are set to hit a record $36 billion over the next 3 years, according to Rystad Energy.

Global decommissioning costs are set to hit a record $36 billion over the next three years, according to Rystad Energy.

Published: 24 February 2019

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Offshore Saudi Arabia Contracts Go to McDermott | Gulf Coast Oil Rig Equipment & Repair



The EPCI contracts are tied to Saudi Aramco’s broader Marjan field expansion.

Saudi Aramco has awarded McDermott International, Inc. a pair of engineering, procurement, construction and installation (EPCI) contracts linked to its Marjan field offshore Saudi Arabia, McDermott reported Monday.

Published: 24 February 2019

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Trump Opens Attack on OPEC Again | Gulf Coast Oil Rig Equipment & Repair



U.S. President Donald Trump resumed his attacks on OPEC, saying the global economy is too fragile to handle a price hike and urging the cartel to "relax and take it easy.
Published: 24 February 2019

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Crude Oil Erases Recent Gains | Gulf Coast Oil Rig Equipment & Repair



The WTI posted a loss and the Brent posted an even bigger loss Monday.

West Texas Intermediate (WTI) and Brent crude oil futures posted a series of gains during the second half of last week, but those overall increases were erased Monday.

Published: 24 February 2019

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Many Shale Operators in Quandary | Gulf Coast Oil Rig Equipment & Repair



A majority of large publicly held US shale operators are between a proverbial rock and a hard place.

How to service debt and pay out dividends? That is a question vexing more than one-half of large U.S.

Published: 24 February 2019

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Global Gas Demand to Grow 10 Percent to 2030 | Gulf Coast Oil Rig Equipment & Repair



Equinor expects global demand for gas will grow by around 10% towards 2030.

Global demand for gas will grow by around 10 percent towards 2030.

Published: 21 February 2019

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Oil Set for Second Weekly Gain | Gulf Coast Oil Rig Equipment & Repair



Oil headed for a second weekly advance on signs the U.S. and China are moving closer to a trade deal, and as investors weighed the OPEC+ coalition's output cuts against surging American supply.
Published: 21 February 2019

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Saudi Aramco Reaffirms China Interest with $10B Refinery Deal | Gulf Coast Oil Rig Equipment & Repair



Saudi Arabia is vying for crude oil customers with fellow OPEC members and Russia.





Published: 21 February 2019

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  1. LNG Prices Hit 17-month Low in North Asia | Gulf Coast Oil Rig Equipment & Repair
  2. ExxonMobil Teams with Microsoft in the Permian | Gulf Coast Oil Rig Equipment & Repair
  3. US Rig Count Declines by Four | Gulf Coast Oil Rig Equipment & Repair
  4. Canada Oil Pipeline Project Clears Major Hurdle | Gulf Coast Oil Rig Equipment & Repair

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