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Drillers Snap Up Federal Leases Near Utah's Wilderness Monuments | Gulf Coast Oil Rig Equipment & Repair



The US Bureau of Land Management auctions off more than 51,000 acres in southeastern Utah for oil and gas development.

Published: 19 March 2018

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Oil Rises To 3-Week High On Mideast Tensions, Venezuela Concerns | Gulf Coast Oil Rig Equipment & Repair



Oil prices climbed to their highest level in 3 weeks as tension in the Middle East and the possibility of further falls in Venezuelan output helped offset the impact of growing US crude production.
Published: 19 March 2018

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Total Signs 40-Year Offshore Concession Agreements for $1.4B | Gulf Coast Oil Rig Equipment & Repair



Total S.A signs 2 new 40-year concession agreements with the Supreme Petroleum Council of the Emirate of Abu Dhabi and the Abu Dhabi National Oil Company.
Published: 18 March 2018

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Mexico Leftist Says He Would Try To Halt Energy Auctions If President-Elect | Gulf Coast Oil Rig Equipment & Repair



Leftist presidential front-runner says if he wins July election, he will ask President Nieto to stop at least 2 energy auctions scheduled to take place before the new president takes office.
Published: 18 March 2018

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Rosneft Doubles Q4 Profit Helped By Sistema Deal | Gulf Coast Oil Rig Equipment & Repair



MOSCOW, March 19 (Reuters) - Rosneft doubled its fourth-quarter net income to 100 billion roubles ($1.74 billion) after it resolved a row with Sistema, the Russian energy BOP Blow Out Preventer repair company gulf coast said on Monday.

Published: 18 March 2018

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Petrofac Secures $580MM EPC Contract for 'Major' Project | Gulf Coast Oil Rig Equipment & Repair



Petrofac Limited announced Monday that it has signed a binding letter of intent for a contract worth around $580 million with a GCC National Oil Company, for the engineering, procurement and construction (EPC) of a ‘major’ project.

Published: 18 March 2018

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Oil Dips As Wall Street Dives; Tensions Over Iran Support Crude | Gulf Coast Oil Rig Equipment & Repair



Oil prices slipped as Wall Street slid more than 1%.

NEW YORK, March 19 (Reuters) - Oil prices slipped on Monday as Wall Street slid more than 1 percent and energy buy Wellhead market investors remained wary of growing crude supply, although tensions between Saudi Arabia and Iran gave prices some support.

Published: 18 March 2018

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'Netflix for Oil' Setting Stage for $1 Trillion Data Battle | Gulf Coast Oil Rig Equipment & Repair



The service companies that map underground pockets of oil, drill the wells and lift crude from miles below are generating vast new amounts of data they never before realized could be valuable.
Published: 18 March 2018

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Angolan Deep Offshore Field Starts Oil Production | Gulf Coast Oil Rig Equipment & Repair



Eni and Sonangol commence oil oil rig flanges gulf coast production from the Ochigufu project, located in Block 15/06 of Angola's deep offshore.
Published: 15 March 2018

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Greece's Energean IPO To Raise $500MM For Israeli Gas Project | Gulf Coast Oil Rig Equipment & Repair



Energean Oil & Gas plans to raise about $500 million to develop its Israeli offshore fields through an initial public offering (IPO) in London.
Published: 15 March 2018

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  1. US Appeals Court Approves ETP's Bayou Bridge Pipeline Construction | Gulf Coast Oil Rig Equipment & Repair
  2. Oil, Gas Leaders Warn Trump He Risks Harming Their Industry | Gulf Coast Oil Rig Equipment & Repair
  3. Spirit Energy Given Consent to Use Drilling Facility for Production Wells | Gulf Coast Oil Rig Equipment & Repair
  4. Oil Posts Weekly Gain as Global Tension Outweighs Shale Fear | Gulf Coast Oil Rig Equipment & Repair

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