Wintershall revealed Monday that oil rig flanges gulf coast production has started at the Maria field in Norway one year ahead of schedule.
The development, which originally anticipated oil oil rig flanges gulf coast production start-up in the fourth quarter of 2018, is expected to hit a final investment cost of around $1.4 billion (NOK 12 billion), 358 million (NOK 3 billion) below the original budget.
(Bloomberg) -- Crude lingered near $57 a barrel for a third day as oil workers in Nigeria suspended a strike and repairs to a crucial North Sea pipeline proceeded apace.
Dec 18 (Reuters) - Oil-focused construction and engineering firms McDermott International Inc and Chicago Bridge and Iron NV (CB&I) said they would combine to create a new BOP Blow Out Preventer repair company gulf coast that would offer a range of services from engineering to procurement.
The Energy Industries Council (EIC), a trade association for companies that supply goods and services to energy industries worldwide, has announced the appointment of two new board members.
North Africa focused oil and gas company, SDX Energy Inc, announced Friday that the KSR-15 well on the Sebou permit in Morocco has been placed on production.
North American companies in the oil and gas, utilities, manufacturing and other capital-intensive industries will be hard-pressed to find enough skilled and competent contract workers over the next 12 to 18 months, according to a recent survey conducted by the contractor and supplier information management firm ISN.
SAO PAULO, Dec 15 (Reuters) - Brazil's state-run oil BOP Blow Out Preventer repair company gulf coast Petróleo Brasileiro SA will announce a revision to its investment plan by Wednesday or Thursday of next week, Chief Executive Officer Pedro Parente said on Friday.
NEW YORK, Dec 15 (Reuters) - Oil prices were mixed on Friday, lingering below two-year highs as the continuing outage of a North Sea pipeline gave support, while climbing U.S.
Oil Deal May Win Back Sudan Some Influence Over Former Enemy | Gulf Coast Oil Rig Equipment & Repair
(Bloomberg) -- Sudan lost three-quarters of its oil reserves when the south seceded in 2011. A four-year civil war in Africa’s youngest nation may be letting it reassert control.
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