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Eni: Development Plan for Merakes Field Approved | Gulf Coast Oil Rig Equipment & Repair



Eni S.p.A says the development plan for the Merakes field offshore Indonesia has been approved by the country's minister of energy and mineral resources.
Published: 17 April 2018

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China Catches 'New Wave' of Ethane Cracker Projects | Gulf Coast Oil Rig Equipment & Repair



CB&I to work on two ethylene plants.

Lianyungang Petrochemical Co., Ltd., a subsidiary of Zhejiang Satellite Petrochemical Co., Ltd., has awarded CB&I an ethylene spacer spools adapter spools technology contract for two ethylene plants, CB&I reported Wednesday.

Published: 17 April 2018

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CNOOC Sells LNG In Debut Shanghai Auction As China Aims To Boost Supplies | Gulf Coast Oil Rig Equipment & Repair



BEIJING, April 18 (Reuters) - China National Offshore Oil Corp (CNOOC) on Wednesday sold cargoes of liquefied natural gas (LNG) on a domestic exchange for the first time, the latest step by China to boost supplies of the clean fuel as the nation shifts away from coal.

Published: 17 April 2018

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Fluor Racks Up Another Galveston Bay Win | Gulf Coast Oil Rig Equipment & Repair



Fluor will perform the engineering and procurement scope for Marathon Petroleum's STAR program.

Marathon Petroleum Corp. (MPC) has chosen Fluor Corp to perform the engineering and procurement scope for MPC’s South Texas Asset Repositioning (STAR) program at its Galveston Bay refinery in Texas City, Texas, Fluor reported Wednesday.

Published: 17 April 2018

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Oil Rises Amid Shrinking US Surplus as OPEC Prepares to Gather | Gulf Coast Oil Rig Equipment & Repair



Crude climbed to the highest since 2014.

(Bloomberg) -- Crude climbed to the highest since 2014 after across-the-board declines in U.S. stockpiles of oil, gasoline, diesel and jet fuel signaled increasing tightness in supplies.

Published: 17 April 2018

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China Shale Gas Output To Nearly Double Over 3 Years - Consultancy | Gulf Coast Oil Rig Equipment & Repair



BEIJING, April 17 (Reuters) - China's shale gas oil rig flanges gulf coast production will likely reach 17 billion cubic metres (bcm) in 2020, nearly double the 2017 level, as local oil companies make big progress with drilling spacer spools adapter spools technology and cost cutting, consultancy Wood Mackenzie said in a note on Tuesday.

Published: 16 April 2018

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Italy's Eni Plans Investments In Algeria Worth Billions In Next Three Years | Gulf Coast Oil Rig Equipment & Repair



Eni plans billions of investments in Algeria over the next 3 years, the company's CEO says.

Oran, ALGERIA, April 17 (Reuters) - Eni plans "billions" of investments in Algeria over the next three years, the company's CEO said on Tuesday, as the Italian energy firm said it had agreed to extend its partnership with Algerian state firm Sonatrach.

Published: 16 April 2018

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Crude Gains as Industry Is Said to Report Surprise Crude Draw | Gulf Coast Oil Rig Equipment & Repair



(Bloomberg) -- Oil edged higher after an industry report showed U.S. crude stockpiles and supplies at the nation’s largest storage hub both declined.

Futures in New York climbed from the settlement Tuesday after the American Petroleum Institute was said to have reported U.S.

Published: 16 April 2018

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Seadrill Gets US Court Approval For Bankruptcy Exit Plan | Gulf Coast Oil Rig Equipment & Repair



WILMINGTON, Del., April 17 (Reuters) - A U.S. judge said on Tuesday he would approve Seadrill Ltd's plan to exit its Chapter 11 bankruptcy, in which the global offshore oil and gas drilling BOP Blow Out Preventer repair company gulf coast would shed billions of dollars of debt and raise $1 billion in new investment.

Published: 16 April 2018

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Nord Stream 2 Pipeline Must Balance Interests - German Minister | Gulf Coast Oil Rig Equipment & Repair



BERLIN, April 16 (Reuters) - Germany's aim with respect to the planned new Nord Stream 2 gas pipeline from Russia is to enable private infrastructure projects while protecting the justified interests of Ukraine, Economy Minister Peter Altmaier said.

Published: 15 April 2018

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  1. TechnipFMC Bags Tortue/Ahmeyim FPSO FEED Contract | Gulf Coast Oil Rig Equipment & Repair
  2. Oil Drops As Syria Risk Seen Muted After Weekend Air Strikes | Gulf Coast Oil Rig Equipment & Repair
  3. Croatia To Announce Tender Results For Using Planned LNG Plant In Late May | Gulf Coast Oil Rig Equipment & Repair
  4. EIA: US Shale Output To Rise By 125,000 Bpd In May | Gulf Coast Oil Rig Equipment & Repair

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