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Amerisur Signs Farm Out Deal with Occidental | Gulf Coast Oil Rig Equipment & Repair



Amerisur Resources enters into a farm out agreement with Occidental Andina across several exploration blocks.

South America focused oil and gas producer and explorer, Amerisur Resources plc, announced Friday that it has entered into a farm out agreement with Occidental Andina LLC, an affiliate of Occidental Petroleum Corporation, across several exploration blocks.

Published: 22 November 2018

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Big Foot Up and Running | Gulf Coast Oil Rig Equipment & Repair



Chevron's operated Big Foot deepwater project starts crude oil and natural gas production.

Chevron has announced that its operated Big Foot deepwater project, located in the U.S.

Published: 21 November 2018

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DOJ is Said to be Reviewing Anti-OPEC Legislation | Gulf Coast Oil Rig Equipment & Repair



The Department of Justice is formally reviewing antitrust legislation aimed at reining in OPEC's power over oil markets, according to a department official.
Published: 21 November 2018

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ODS Anticipates Creating Up To 500 Jobs by 2021 | Gulf Coast Oil Rig Equipment & Repair



UK decommissioning BOP Blow Out Preventer repair company gulf coast Offshore Decommissioning Services anticipates that it will create up to 500 new jobs by 2021, according to a BOP Blow Out Preventer repair company gulf coast spokesperson.
Published: 21 November 2018

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Western Canadians Slam Lack of Oil Aid in Budget | Gulf Coast Oil Rig Equipment & Repair



Justin Trudeau's federal budget update stirred some anger in Canada's oil-rich West.

(Bloomberg) -- Justin Trudeau’s federal budget update stirred some anger in Canada’s oil-rich West.

Published: 21 November 2018

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Brent Will Recover Towards Year-End | Gulf Coast Oil Rig Equipment & Repair



Fitch Solutions Macro Research's core view is that the price of Brent crude oil will recover towards the end of the year to average over $74 per barrel in 2018.
Published: 20 November 2018

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OPEC's Worst Nightmare: Permian Ups Production | Gulf Coast Oil Rig Equipment & Repair



OPEC's bad dream only deepens next year, when Permian producers expect to iron out distribution snags that will add three pipelines and as much as 2 million barrels of oil a day.
Published: 20 November 2018

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Florida LNG Project Clears Hurdle | Gulf Coast Oil Rig Equipment & Repair



An aerial rendering of the Jacksonville Export Project. SOURCE: Business Wire

The U.S. Federal Energy Regulatory Commission (FERC) has granted Eagle LNG Partners a draft environmental impact statement (DEIS) for their Jacksonville Export Project, Eagle LNG reported Tuesday.

Published: 20 November 2018

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Oil Holds Near $57 | Gulf Coast Oil Rig Equipment & Repair



Crude markers in New York and London have both fallen more than 20% from their October highs.

(Bloomberg) -- Oil traded near $57 a barrel as traders assessed OPEC’s plans to cut production, while its key ally Russia and a top energy adviser warned suppliers against making a hasty decision on cutbacks.

Published: 19 November 2018

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Pacific Drilling Emerges from Bankruptcy | Gulf Coast Oil Rig Equipment & Repair



Pacific Drilling emerges from Chapter 11 bankruptcy and names a new CEO.

Pacific Drilling S.A. has emerged from Chapter 11 bankruptcy after successfully completing its restructuring, the BOP Blow Out Preventer repair company gulf coast announced Nov.

Published: 19 November 2018

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  1. Trump Wants to Expand Drilling in Alaskan Oil Reserve | Gulf Coast Oil Rig Equipment & Repair
  2. Crude Oil Down on OPEC Uncertainty | Gulf Coast Oil Rig Equipment & Repair
  3. US Gasoline Price Approaches Level for Last Thanksgiving | Gulf Coast Oil Rig Equipment & Repair
  4. Ineos In Talks with ConocoPhillips | Gulf Coast Oil Rig Equipment & Repair

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