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Drug Use in the Permian: Substance Abuse Advocates Look to Help Oil Workers | Gulf Coast Oil Rig Equipment & Repair



Rehab centers in Midland treat many oilfield professionals who are abusing drugs and alcohol.

[Editor's Note: This is the third installment in a three-part series exploring the working and living conditions for employees in the Permian.

Published: 25 July 2018

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Oil Rises On US-EU Trade Talks, Red Sea Shipping Suspension | Gulf Coast Oil Rig Equipment & Repair



NEW YORK, July 26 (Reuters) - Oil prices rose for the third consecutive day on Thursday after Saudi Arabia suspended oil shipments through a strait in the Red Sea following an attack on two oil tankers and as trade tensions between the United States and the European Union eased.

Published: 25 July 2018

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Chesapeake to Sell Utica Shale for $2B | Gulf Coast Oil Rig Equipment & Repair



Chesapeake Energy Corp. agrees to sell its Utica Shale assets in Ohio.

(Bloomberg) -- Chesapeake Energy Corp. agreed to sell its Utica Shale assets in Ohio to closely held Encino Acquisition Partners for about $2 billion as the U.S.

Published: 25 July 2018

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Chevron Awards Gorgon Subsea Contract | Gulf Coast Oil Rig Equipment & Repair



The subsea installation will take place in water depths ranging from 250 to 1,340 meters.

Chevron Australia has awarded TechnipFMC a subsea installation contract for the Gorgon Stage Two development offshore Western Australia, TechnipFMC reported Thursday.

Published: 25 July 2018

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Majors 'On Pace' to Approve $37B+ in Projects During Calendar Year | Gulf Coast Oil Rig Equipment & Repair



Oil majors are 'on pace' to approve over $37 billion in projects during the calendar year, according to Rystad Energy.

Oil majors are “on pace” to approve over $37 billion in projects during the calendar year, according to Rystad Energy.

Published: 24 July 2018

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Cuadrilla UK Fracturing Consent Labeled 'Momentous Achievement' | Gulf Coast Oil Rig Equipment & Repair



Cuadrilla Resources' receipt of hydraulic fracturing consent for its first horizontal shale gas exploration well at Preston New Road has been called a 'momentous achievement' by UKOOG's Ken Cronin.
Published: 24 July 2018

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ONGC Works with Indian Navy to Plug Offshore Platform Gas Leakage | Gulf Coast Oil Rig Equipment & Repair



India's Oil and Natural Gas Corporation Limited says a team of its engineers, with support from the Indian Navy, successfully plugged a gas leakage on the unmanned S1-6 offshore platform.
Published: 24 July 2018

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Oil Gains As US Crude Stocks Fall To Lowest Since Feb. 2015 | Gulf Coast Oil Rig Equipment & Repair



NEW YORK, July 25 (Reuters) - Oil prices rose for the second consecutive day on Wednesday after U.S. government data showed domestic crude inventories fell to their lowest since February 2015, easing worries about oversupply that have weighed on markets in recent weeks.

Published: 24 July 2018

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Saudi Aramco Taps Saipem for Pipeline System Contract | Gulf Coast Oil Rig Equipment & Repair



Saipem has won onshore contracts in Asia, Europe, North America and Africa totaling approximately $800 million.

Saipem has won onshore engineering and construction (E&C) contracts in Asia, Europe, North America and Africa totaling approximately $800 million, the Italy-based BOP Blow Out Preventer repair company gulf coast reported Wednesday.

Published: 24 July 2018

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Wren House Infrastructure to Acquire NSMP from ArcLight | Gulf Coast Oil Rig Equipment & Repair



An affiliate of ArcLight Capital Partners agrees to sell its entire interest in NSMP to Wren House Infrastructure Management Limited.

North Sea Midstream Partners Limited (NSMP) has revealed that an affiliate of ArcLight Capital Partners has agreed to sell its entire interest in NSMP to Wren House Infrastructure Management Limited.

Published: 23 July 2018

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  1. Union: Industrial Action is All but Inevitable | Gulf Coast Oil Rig Equipment & Repair
  2. In First For UK, Govt Clears Cuadrilla To Frack Shale Gas Site | Gulf Coast Oil Rig Equipment & Repair
  3. McDermott Wins 25-tank Saudi Contract from Samsung | Gulf Coast Oil Rig Equipment & Repair
  4. Oil Rises As Fears Of Oversupply Ebb | Gulf Coast Oil Rig Equipment & Repair

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