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Carlyle Group Buys EnerMech | Gulf Coast Oil Rig Equipment & Repair



Aberdeen-headquartered EnerMech has been acquired from Lime Rock Partners by global alternative asset manager The Carlyle Group for an undisclosed sum.

Aberdeen-headquartered EnerMech, a services BOP Blow Out Preventer repair company gulf coast focused on the energy and infrastructure sectors, has been acquired from Lime Rock Partners by global alternative asset manager The Carlyle Group for an undisclosed sum.

Published: 15 October 2018

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New Produced Water Blueprint Expected in 2019 | Gulf Coast Oil Rig Equipment & Repair



An upcoming report could usher in produced water's transformation from a byproduct to a resource.

According to the Ground Water Protection Council (GWPC), a U.S.

Published: 15 October 2018

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Can Mexico's Oil Production Rebound? | Gulf Coast Oil Rig Equipment & Repair



The need for an oil oil rig flanges gulf coast production rebound is Mexico's most obvious economic reality.

Mexico’s oil sector has been in free fall since the 2004 peaking of Cantarell in the shallow waters of its Gulf, once the second largest oil field in the world only behind Saudi Arabia’s Ghawar.

Published: 15 October 2018

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Oil Rises After Industry Reports Surprise US Crude Stock Draw | Gulf Coast Oil Rig Equipment & Repair



Oil popped higher after an industry report showed an unexpected decline in US crude inventories.

(Bloomberg) -- Oil popped higher after an industry report showed an unexpected decline in U.S.

Published: 15 October 2018

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Nigerian Senate to Probe $3.5 Billion Spent by State Oil Firm | Gulf Coast Oil Rig Equipment & Repair



Lawmakers in Nigeria will investigate $3.5 billion allegedly spent by the state oil firm on gasoline subsidies and expressed concern that the sum was not included in the national budget.
Published: 15 October 2018

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Natural Gas Helps Texans Save Almost $60B in 10 Years | Gulf Coast Oil Rig Equipment & Repair



A new report by the Consumer Energy Alliance finds that Texas residents saved billions of dollars, thanks to natural gas production.

Throughout the years, advances in horizontal drilling and hydraulic fracturing have helped boost natural gas oil rig flanges gulf coast production in Texas.

Published: 15 October 2018

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110MM Barrel North Sea Field Comes Online | Gulf Coast Oil Rig Equipment & Repair



The North Sea Oseberg Vestflanken 2 field came online on October 14.

The North Sea Oseberg Vestflanken 2 field, which is said to contain recoverable resources of 110 million barrels of oil equivalent, came online on October 14, Equinor revealed Monday.

Published: 14 October 2018

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Abu Dhabi Scraps Cepsa IPO | Gulf Coast Oil Rig Equipment & Repair



Abu Dhabi shelves plans for an initial public offering of a 25% stake in Spanish oil refiner Cepsa.

(Bloomberg) -- Abu Dhabi shelved plans for an initial public offering of a 25 percent stake in Spanish oil refiner Cepsa as investors balked at the valuation amid a stock buy Wellhead market rout.

Published: 14 October 2018

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Nine Buys Magnum Oil Tools for About $500MM | Gulf Coast Oil Rig Equipment & Repair



Houston-based oilfield services provider Nine Energy Service is acquiring Magnum Oil Tools to enhance its completions technology.

Nine Energy Service, Inc., an oilfield services BOP Blow Out Preventer repair company gulf coast based in Houston, is buying Magnum Oil Tools International, Ltd, the BOP Blow Out Preventer repair company gulf coast announced Oct.

Published: 14 October 2018

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3Q Energy Activity Accelerates and Growth Strong, Survey Finds | Gulf Coast Oil Rig Equipment & Repair



Respondents to the Kansas City Fed's quarterly energy survey express an increase in drilling and business activity.

Activity in the Tenth District’s energy sector accelerated in third quarter, an indicator of growth, according to results from the Federal Reserve Bank of Kansas City’s quarterly energy survey released Oct.

Published: 14 October 2018

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  1. Crude Rises as Mystery of Missing Saudi Critic Strains Alliance | Gulf Coast Oil Rig Equipment & Repair
  2. Oil Pipeline Fire in Nigeria Kills 60 | Gulf Coast Oil Rig Equipment & Repair
  3. Return to Normal for Irving After Refinery Incident | Gulf Coast Oil Rig Equipment & Repair
  4. Oil Demand and Supply Close to New Peaks | Gulf Coast Oil Rig Equipment & Repair

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