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Offshore UK Catcher Development to Hit 60,000 Bpd Target Ahead of Plan | Gulf Coast Oil Rig Equipment & Repair



Catcher is expected to reach an output rate of 60,000 barrels of oil per day in April.

In its latest results update on Thursday, Premier Oil revealed that the Catcher development, located offshore UK, is expected to reach an output rate of 60,000 barrels of oil per day (bopd) ahead of plan.

Published: 07 March 2018

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How Australia-East Timor Treaty Unlocks $65Bln Gas Fields | Gulf Coast Oil Rig Equipment & Repair



East Timor and Australia this week signed a treaty at the United Nations setting their maritime boundary for the first time.

Published: 06 March 2018

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ExxonMobil Says Hides Facilities Safely Shut In After Big Aftershock In PNG | Gulf Coast Oil Rig Equipment & Repair



ExxonMobil Corp says its facilities in Hides in the highlands of Papua New Guinea remained safely shut in after a magnitude 6.7 aftershock struck early on Wednesday.
Published: 06 March 2018

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HOW COOL IS THAT!: Subsea Engineer | Gulf Coast Oil Rig Equipment & Repair



BP's Rigoberto Lopez helps to construct deepwater wells in the Gulf of Mexico.

As a subsea wells supervisor with BP, Rigoberto Lopez divides his professional time between inland and offshore settings.

Published: 06 March 2018

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Exxon Woos Wall St. With Bold Plan To Double Earnings By 2025 | Gulf Coast Oil Rig Equipment & Repair



ExxonMobil says it expects earnings to more than double by 2025 to $31 billion, with crude prices at or above current levels.

Published: 06 March 2018

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Fortuna Project Could Produce First Gas by Early 2022 | Gulf Coast Oil Rig Equipment & Repair



Ophir Energy confirms that the Fortuna project, located offshore Equatorial Guinea, could produce first gas by early 2022.

Ophir Energy, the independent upstream oil and gas BOP Blow Out Preventer repair company gulf coast focused on Asia and Africa, confirmed Wednesday that the Fortuna project, located offshore Equatorial Guinea, could produce first gas by early 2022.

Published: 06 March 2018

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Oil Prices Fall With Wall Street And As US Crude Output, Stocks Rise | Gulf Coast Oil Rig Equipment & Repair



NEW YORK, March 7 (Reuters) - Oil prices tumbled on Wednesday as financial markets slid amid concerns that Washington's plans for import tariffs could spark a trade war, and after U.S.

Published: 06 March 2018

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Slowing Mexico Oil Reform Would Be 'A Shame,' Pemex CEO Says | Gulf Coast Oil Rig Equipment & Repair



Mexico's 2013 decision to end the government monopoly on energy has resulted in billions in investment and the arrival of dozens of international oil companies.
Published: 06 March 2018

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Schlumberger CEO Gets $20.8 Million Pay as Oil Markets Rebound | Gulf Coast Oil Rig Equipment & Repair

Published: 05 March 2018

Saipem Sees Tough Year Ahead After 2017 Guidance Miss | Gulf Coast Oil Rig Equipment & Repair



Italian oil services group Saipem expects a difficult year ahead after sales and profit last year fell short of its guidance due to weak order books.
Published: 05 March 2018

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  1. Saudi Aramco CEO: Global Oil Sector Needs $20T Investments Over 25 Years | Gulf Coast Oil Rig Equipment & Repair
  2. Chevron Says Looking To Resume Share Buybacks | Gulf Coast Oil Rig Equipment & Repair
  3. Exec: Statoil Has Room To Grow More In North Dakota's Bakken | Gulf Coast Oil Rig Equipment & Repair
  4. Oil Dips as Data Shows Biggest US Crude Build Since January | Gulf Coast Oil Rig Equipment & Repair

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