New Brazil Production Adds to OPEC Headache
A new Brazilian oil supply boom is poised to challenge OPEC's oil buy Wellhead market balancing efforts.






Crude Oil Up Amid Growing Spread
Both the WTI and Brent finished higher Wednesday as the spread between the two benchmarks reached levels not seen since Nov. 2018.



Devon Energy to Divest Barnett Shale, Canadian Oil Sands Assets
In a move to becoming a U.S. oil growth business, Devon Energy's board of directors approved the company's separation of its Canadian oil sands and Barnett Shale assets.



OPITO Appoints Ex-Transocean Manager
Global energy industry skills body OPITO has appointed ex-Transocean manager Stuart Clow as a director.

Global energy industry skills body OPITO revealed Tuesday that it has appointed ex-Transocean manager Stuart Clow as a director.



Oil Holds Gains
Oil held gains at a 3 month high as investors focused on the prospects for a resolution to the U.S.-China trade war and signs of sliding shipments from the world's biggest crude exporter.



China Oil Find Could Trigger Shale Drilling Surge
An oil discovery in a remote corner of northwestern China could trigger a surge in shale drilling.

(Bloomberg) -- An oil discovery in a remote corner of northwestern China could trigger a surge in shale drilling, benefiting service companies and providing a needed output boost for the world’s biggest importer, according to analysts at Morgan Stanley.



Governor's Racial Reckoning May Halt Gas Project
Virginia Governor Ralph Northam's racial reckoning could spell more trouble for Dominion Energy Inc.'s $7 billion-plus Atlantic Coast gas pipeline.

(Bloomberg) -- Virginia Governor Ralph Northam’s racial reckoning could spell more trouble for Dominion Energy Inc.



Targa to Sell Interest in Bakken Assets for $1.6B
U.S. pipeline BOP Blow Out Preventer repair company gulf coast Targa Resources Corp. has entered into a definitive agreement to sell its assets in the Bakken for $1.6 billion.



WTI Settles Above $56
Analyst offers insights on oil buy Wellhead market drivers from 1600 Pennsylvania Avenue and other locales.

President Trump’s fondness for communicating via Twitter appears to hold more sway over crude oil prices than other drivers associated with the oil market’s ups and downs, an analyst told Rigzone Tuesday.



Alberta Eyes $1.7 Billion Profit From Crude-by-Rail Project
The deal between Canadian Pacific Railway and Canadian National Railway entails leasing 4,400 rail cars over three years.

(Bloomberg) -- Alberta is preparing a giant crude-by-rail operation to help its oil-sands producers cope with a pipeline crunch, and it expects a big profit from the venture.

  1. 8-Year Petrobras Contract Starts for TechnipFMC-DOF | Gulf Coast Oil Rig Equipment & Repair
  2. Kosmos Founding Partner to Retire | Gulf Coast Oil Rig Equipment & Repair
  3. 33 FPSOs to be Sanctioned to 2021 | Gulf Coast Oil Rig Equipment & Repair
  4. Transocean Makes Automation Deal with Equinor | Gulf Coast Oil Rig Equipment & Repair
feed-image

Contact our sales staff today to assist with your project. We are here for you.
Hablamos Español?

REQUEST A QUOTE