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Leviathan Project 67% Complete | Gulf Coast Oil Rig Equipment & Repair



Construction of the Leviathan project is 67% complete, with anticipated first gas sales on schedule by the end of 2019.

Construction of the Leviathan project is 67 percent complete, with anticipated first gas sales on schedule by the end of 2019, Noble Energy has revealed in its latest third quarter (3Q) results statement.

Published: 01 November 2018

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Crude Oil Down Six-plus Percent for Week | Gulf Coast Oil Rig Equipment & Repair



The ongoing slump in global and US stock markets has dampened the energy demand outlook, and a stronger US dollar earlier this week hasn't helped.
Published: 01 November 2018

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US Drops Oil Rigs for First Time in Four Weeks | Gulf Coast Oil Rig Equipment & Repair



According to rig count data compiled by Baker Hughes, a GE Company, drillers cut one rig this week.

The U.S. rig count dropped by one this week, marking the first week of declines in four weeks.

Published: 01 November 2018

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Oil Extends Losses Near $65 | Gulf Coast Oil Rig Equipment & Repair



Oil extended losses near $65 a barrel after the worst month in more than 2 years.

(Bloomberg) -- Oil extended losses near $65 a barrel after the worst month in more than two years on lingering concern over a supply glut and a stronger dollar.

Published: 31 October 2018

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Venezuelans Face Gasoline Shortages | Gulf Coast Oil Rig Equipment & Repair



(Bloomberg) -- Cars, motorcycles and buses wrapped around Caracas’ gas stations earlier this week as oil oil rig flanges gulf coast production and refining becomes increasingly erratic in the former petro giant.

Published: 31 October 2018

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Gasoline Retailers Face Supply Shortage Due to Mexico Fuel Theft | Gulf Coast Oil Rig Equipment & Repair



(Bloomberg) -- BP Plc and Total SA are among international gasoline retailers that are facing a supply shortage in Mexico because of soaring fuel theft and weather issues.

Published: 31 October 2018

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Apache Plans to Fast Track North Sea Find | Gulf Coast Oil Rig Equipment & Repair



Apache plans to accelerate initial oil rig flanges gulf coast production from the Garten discovery from the first quarter of 2019 to the fourth quarter of this year.
Published: 31 October 2018

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WTI Falls Below $64 | Gulf Coast Oil Rig Equipment & Repair



Thursday was another down day for crude oil futures.

Thursday was another down day for crude oil futures.

The December West Texas Intermediate (WTI) contract slid by $1.62 to settle at $63.69 a barrel.

Published: 31 October 2018

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Suncor Profit Tops Estimates | Gulf Coast Oil Rig Equipment & Repair



(Bloomberg) -- Suncor Energy Inc., Canada’s largest energy producer by buy Wellhead market value, posted third-quarter profit that topped analysts’ estimates as its refining operations helped it weather lower prices for oil-sands crude.

Published: 31 October 2018

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North Sea Columbus Development Gets Green Light | Gulf Coast Oil Rig Equipment & Repair



The Field Development plan for the North Sea Columbus Development has been approved.

Serica Energy plc announced Wednesday that the UK’s Oil and Gas Authority (OGA) has approved the Field Development Plan (FDP) for the North Sea Columbus Development.

Published: 30 October 2018

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  1. Oil Set for Biggest Monthly Slide Since 2016 | Gulf Coast Oil Rig Equipment & Repair
  2. A Better Approach to Conventional Oil Exploration | Gulf Coast Oil Rig Equipment & Repair
  3. McDermott to Sell Storage Tank and Pipe Businesses | Gulf Coast Oil Rig Equipment & Repair
  4. Crude Oil Extends Downward Trend | Gulf Coast Oil Rig Equipment & Repair

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