Seadrill Bags GOM Contracts and More
- Sat, 28 Nov 2020 13:13:54 GMT
Here are some of Rigzone's top upstream stories during the last week, just in case you missed them...
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KXL Indigenous Investors Plan to Get Financing by Q1
- Fri, 27 Nov 2020 15:21:50 GMT
The indigenous group seeking to buy a stake in TC Energy Corp.'s Keystone XL oil pipeline expects to secure financing by the first quarter of next year.
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Libya Oil Comeback Has Legs
- Fri, 27 Nov 2020 15:13:15 GMT
Libya's oil industry, trampled by civil war and chaos, is roaring back.
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Cairn Appointing New Chair
- Fri, 27 Nov 2020 12:33:01 GMT
Cairn Energy plc (LON: CNE) has announced that Nicoletta Giadrossi will be appointed chair of the company with effect from January 1, 2021.
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More Positive Covid Cases at LNG Canada Project
- Fri, 27 Nov 2020 11:58:04 GMT
Northern Health Authority has confirmed additional positive Covid-19 cases at the LNG Canada project site in Kitimat, B.C, LNG Canada and JGC Fluor have revealed in a joint statement.
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OPEC+ Calls Last Minute Talks
- Fri, 27 Nov 2020 10:37:04 GMT
Saudi Arabia and Russia summoned OPEC+ ministers who oversee their oil production cuts for last-minute talks on Saturday.
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ADNOC Dishes Out Deal Worth Up To $519MM
- Fri, 27 Nov 2020 10:10:16 GMT
ADNOC has announced the award of a contract worth up to $519 million to BGP Inc, a subsidiary of China National Petroleum Company.
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Oil Rally Stalls Amid OPEC+ Tensions
- Fri, 27 Nov 2020 09:28:07 GMT
Brent oil edged lower, but was on track for a fourth weekly gain, amid signs of division among OPEC+ members just days before a key policy meeting.
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BP to Invest More in Middle East Oil Fields
- Thu, 26 Nov 2020 17:40:46 GMT
BP Plc said it will invest more money in Middle Eastern oil and natural-gas fields even as it transitions to renewable energy and tries to lower emissions.
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Stronger Oil Curve Points to Cushing Glut Relief
- Thu, 26 Nov 2020 16:33:49 GMT
Oil stockpiles at America's largest storage hub are set to unwind with the market showing real signs of strength for the first time since the pandemic crushed global demand.
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Mexico Oil Executive Asked to Resign
- Thu, 26 Nov 2020 15:25:53 GMT
A director at the trading arm of Mexico's state oil company was asked to resign after authorizing payments under a profit-sharing plan, according to a person familiar with the matter.
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OPEC Watchers Expect 3 Month Supply Boost Delay
- Thu, 26 Nov 2020 13:55:02 GMT
OPEC and its allies will likely delay a supply increase planned for January by three months, according to a survey of oil analysts, traders and refiners.
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Saipem Supports Women Empowerment Principles
- Thu, 26 Nov 2020 11:20:54 GMT
Saipem (BIT: SPM) revealed Thursday that it has signed a declaration of support for the Women Empowerment Principles (WEP) and the Manifesto for female employment of the Valore D association.
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API and NABTU Urge Senate Action on NAC
- Thu, 26 Nov 2020 10:59:06 GMT
The American Petroleum Institute (API) and North America's Building Trades Unions (NABTU) have urged the U.S. Senate to act on the National Apprenticeship Act.
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Eni Pitches Supercomputer Against Virus
- Thu, 26 Nov 2020 10:47:31 GMT
Eni (NYSE: E) has announced that its HPC5 supercomputer has run the most complex molecular computation test ever conducted in the world in order to identify new treatments against the virus.
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Keppel Bags $Multimillion FPSO Deal
- Thu, 26 Nov 2020 10:09:15 GMT
Keppel has secured a contract from a repeat customer worth around $75 million.
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Repsol to Rein in Oil Output and Boost Renewables
- Thu, 26 Nov 2020 09:29:07 GMT
Repsol SA outlined its plans for a greener future, saying it intends to wind down the search for oil and expand its renewable capacity fivefold during the next decade.
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Oil Prices Surge Amid Weaker Dollar and Surprise Draw
- Wed, 25 Nov 2020 20:35:17 GMT
Oil closed at an eight-month high.
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Baker Hughes Reports US Rig Rebound
- Thu, 26 Nov 2020 13:51:09 GMT
The number of rotary drilling rigs operating in the United States rebounded this past week, according to Baker Hughes.
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MODEC Selects Asset Management Firm for Brazil FPSO Project
- Thu, 26 Nov 2020 14:08:02 GMT
ARMS Reliability will assist with developing the Bacalhau FPSO Asset Maintenance Management Philosophy. PHOTO SOURCE: ARMS Reliability
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