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Oil Stabilizes, Supported By Bullish US Inventory Data | Gulf Coast Oil Rig Equipment & Repair



NEW YORK, Aug 23 (Reuters) - Oil prices steadied on Thursday, supported by a bullish U.S. inventory report from the previous session even as an escalating trade dispute between the United States and China weighed on demand expectations.

Published: 22 August 2018

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Britain's Premier Oil To Lift Peak Output At Catcher Field | Gulf Coast Oil Rig Equipment & Repair



LONDON, Aug 23 (Reuters) - Premier Oil is set to raise stable peak oil rig flanges gulf coast production at its Catcher field in Britain's North Sea by as much as 17 percent to 70,000 barrels of oil equivalent per day this year, after output reached that level this summer, it said on Thursday.

Published: 22 August 2018

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Oil Retreats from Pseudo-Relief Rally | Gulf Coast Oil Rig Equipment & Repair



A day after posting impressive gains in 3-percent territory, the WTI and Brent oil benchmark prices retreated a bit Thursday.

A day after posting impressive gains in 3-percent territory, the WTI and Brent oil benchmark prices retreated a bit Thursday.

Published: 22 August 2018

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Analysts Say No End In Sight for Europe's Natural Gas Rally | Gulf Coast Oil Rig Equipment & Repair



Europe's natural gas prices have risen to their strongest level for this time of year, lifting the cost of electricity for factories and utilities.
Published: 22 August 2018

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Santos to Buy Quadrant Energy for $2.15B | Gulf Coast Oil Rig Equipment & Repair



Australia's Santos announces the acquisition of 100% of Quadrant Energy for $2.15 billion plus potential contingent payments.

Australian natural gas BOP Blow Out Preventer repair company gulf coast Santos announced Wednesday the acquisition of 100 percent of Quadrant Energy for $2.15 billion plus potential contingent payments.

Published: 21 August 2018

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Decision Day on $1 Trillion Fund's Oil Exit Moves Closer | Gulf Coast Oil Rig Equipment & Repair



Norway is moving closer to deciding whether its $1 trillion wealth fund will dump all its oil and gas stocks.

(Bloomberg) -- Norway is moving closer to deciding whether its $1 trillion wealth fund will dump all its oil and gas stocks.

Published: 21 August 2018

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Shell's Appomattox FPS Reaches Offshore Louisiana Destination | Gulf Coast Oil Rig Equipment & Repair



Shell's Appomattox has made the journey to its GOM installation site. SOURCE: Crowley Maritime Corp.

Shell’s Appomattox semisubmersible floating oil rig flanges gulf coast production system (FPS) has made the journey from the Kiewit Offshore Services construction facility in Ingleside, Texas, to its deep-water Gulf of Mexico (GOM) installation site, Crowley Maritime Corp.

Published: 21 August 2018

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Fire Breaks Out At Shell Chemical Plant, Nearby Essar Refinery Unaffected | Gulf Coast Oil Rig Equipment & Repair



Operations at Essar Oil UK's Stanlow refinery on the same site were unaffected, Essar says.

LONDON, Aug 22 (Reuters) - A fire broke out at a Shell-owned chemical plant in northwestern England on Wednesday but operations at Essar Oil UK's Stanlow refinery on the same site were unaffected, Essar said.

Published: 21 August 2018

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Oil Jumps 3% On Big US Crude Draw, Iran Sanctions | Gulf Coast Oil Rig Equipment & Repair



Oil prices rose 3%, with Brent crude futures hitting a three-week high.

NEW YORK, Aug 22 (Reuters) - Oil prices rose 3 percent on Wednesday, with Brent crude futures hitting a three-week high, after U.S.

Published: 21 August 2018

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Union: Petrobras Plans To Start Reopening Replan Refinery In 48 Hours | Gulf Coast Oil Rig Equipment & Repair



SAO PAULO, Aug 22 (Reuters) - Brazil's state-run oil BOP Blow Out Preventer repair company gulf coast Petróleo Brasileiro SA may begin procedures to reopen its largest refinery, closed after an explosion and fire, in 48 hours, Gustavo Marsaioli, a spokesman for the oil workers' union, said on Wednesday.

Published: 21 August 2018

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  1. Wood Seeing Recovery in Core Oil and Gas Market | Gulf Coast Oil Rig Equipment & Repair
  2. Saipem Awarded Services Contracts Worth Approximately $700MM | Gulf Coast Oil Rig Equipment & Repair
  3. Venezuela's Oil-linked Cryptocurrency Leaves Heads Spinning | Gulf Coast Oil Rig Equipment & Repair
  4. PDVSA to Resume Use of Caribbean Oil Terminal Under NuStar Deal | Gulf Coast Oil Rig Equipment & Repair

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