Reuters

BAKU, July 17 (Reuters) - Azerbaijan's state oil fund SOFAZ said on Tuesday its assets rose by more than 9 percent year on year to $38.04 billion as of July 1.



OGA: UKCS Production Efficiency Improves for 5th Straight Year
Production efficiency on the UK Continental Shelf has improved for the 5th consecutive year, according to a new report released by the Oil and Gas Authority.



Reuters

July 17 (Reuters) - Canadian oil sands oil rig flanges gulf coast production will rise more than half a million barrels per day in 2019 and growth will moderate thereafter, according to a forecast by data firm IHS Markit.



BSEE's Angelle: SafeOCS Participation Up Dramatically
BSEE releases 2017 stats for SafeOCS data sharing program.

Offshore oil and gas industry participation in a critical data sharing program called SafeOCS has grown by nearly 20 times, the head of the U.S.



Oil Steadies On US Stockpile Forecasts, Venezuela Worries
Crude oil futures steadied as the focus turned to falling inventories in the US and further output constraints in Venezuela and Libya.



ICE to Launch Permian WTI Crude Oil Futures Contract
The contract is expected to launch in third quarter of 2018 and will have physical delivery in Houston.

The Intercontinental Exchange Inc.



Reuters

BASRA, Iraq, July 16 (Reuters) - About 200 protesters gathered at the main entrance to Iraq's Siba natural gas field on Monday, police sources said, following more than a week of unrest over poor services sweeping southern cities amid political uncertainty.



China Willing To Invest $3B In Nigerian Oil Operations - NNPC
China National Offshore Oil Corp is willing to invest $3 billion in its existing oil and gas operation in Nigeria, the Nigerian National Petroleum Corporation says.



Analysts: SDX's Egypt Appraisal Well Result 'Very Encouraging'
North Africa focused oil and gas BOP Blow Out Preventer repair company gulf coast SDX Energy Inc announces that a 'successful' oil rig flanges gulf coast production test has been conducted at its SD-4X appraisal well at South Disouq in Egypt.



Tidewater To Buy GulfMark As Offshore Drilling Eyes Recovery
Tidewater says it will buy smaller rival GulfMark Offshore in an all-stock deal to create a $1.25 billion company.

Reuters

  1. Brent Oil Falls 4% To 3-Month Low As Supply Outage Concerns Ease | Gulf Coast Oil Rig Equipment & Repair
  2. US Oil Boom Delivers Surprise For Traders - And It's Costly | Gulf Coast Oil Rig Equipment & Repair
  3. SNC-Lavalin Wins Five-year Contract from Saudi-Kuwait Firm | Gulf Coast Oil Rig Equipment & Repair
  4. Aker BP Says Norway Strike Would Have To Last Month To Hit Output | Gulf Coast Oil Rig Equipment & Repair
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