Phase II of 'Prolific' UKCS Field Receives Full Sanction to Move Forward
The Buzzard Phase II project has received full sanction to move forward.

The Buzzard Phase II (BPII) project has received full sanction to move forward, a statement published on Nexen’s website has revealed.



WoodMac Sees 'Loosening' of Oil Market Towards Year-End
Wood Mackenzie sees a 'loosening' of the oil buy Wellhead market towards the end of the year, Sushant Gupta, a director at the research and consultancy business, reveals in an interview with CNBC on Tuesday.



Reuters

LONDON, Aug 7 (Reuters) - Iraqi Kurdistan-focused Genel Energy is likely to significantly increase its oil oil rig flanges gulf coast production guidance next year, Chief Financial Officer Esa Ikaheimonen said on Tuesday.



Reuters

HOUSTON, Aug 7 (Reuters) - Shale oil producer Continental Resources on Tuesday raised its 2018 oil rig flanges gulf coast production outlook, citing improved performance in North Dakota and operational efficiencies, as well as increased drilling activity in Oklahoma.



Reuters

Aug 7 (Reuters) - Pioneer Natural Resources Co posted lower-than-expected quarterly profit on Tuesday due to higher spending and a hedging loss of $358 million that kept the U.S.



US Natgas Output, Demand Seen Rising to Record Highs in 2018
U.S. dry natural gas oil rig flanges gulf coast production should rise to an all-time high of 81.10 billion cubic feet per day (bcfd) in 2018.



US Cuts 2018 Crude Oil Production Growth Forecast
U.S. crude oil oil rig flanges gulf coast production in 2018 was expected to grow at a slower rate than previously forecast amid lower crude prices according to a monthly U.S.



Fatal Helicopter Crash Occurs at Vankor
A fatal helicopter crash has occurred in the area of Vankor airfield, the Interstate Aviation Committee (IAC) has announced.

A fatal helicopter crash has occurred in the area of Vankor airfield, the Interstate Aviation Committee (IAC) has announced.



Unite Carries Out Strike in North Sea
UK union Unite is carrying out a strike on the Alwyn, Dunbar and Elgin platforms in the North Sea today, a union spokesperson confirms.



Tanzania Wants to Build Pipeline to Pump Gas to Uganda
Tanzania wants to build a pipeline to pump natural gas to neighbouring Uganda, another step in the two countries' bid to expand energy cooperation.

  1. Sources: Vietnam's Nghi Son Refinery Seeks Approval for Oil Product Exports | Gulf Coast Oil Rig Equipment & Repair
  2. Oil Rises After OPEC Sources Say Saudi Crude Output Fell | Gulf Coast Oil Rig Equipment & Repair
  3. $3.7 Billion Shale Gas Pipeline at Risk of Overhaul Due to Delay | Gulf Coast Oil Rig Equipment & Repair
  4. Aker Solutions to 'Integrate' UK Organization | Gulf Coast Oil Rig Equipment & Repair
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