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...
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.
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.
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.
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.
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.
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.
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.
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.
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.
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.
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.
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.
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.
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.
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.
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.
Oil Prices Surge Amid Weaker Dollar and Surprise Draw
- Wed, 25 Nov 2020 20:35:17 GMT
Oil closed at an eight-month high.
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.
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