Posted on November 6, 2014 at 12:34 pm by Bloomberg in
Arctic,
Offshore |
Statoil won’t use the Transocean Spitsbergen and Songa Trym rigs from mid-November through at least the year-end because of overcapacity.
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Posted on November 3, 2014 at 1:57 pm by Joshua Cain in
Arctic,
Europe,
Offshore |
The Norwegian oil conglomerate estimates the field could generate as much as 650,000 barrels of oil per day.
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Houston-based drilling rig contractor Hercules Offshore has told Texas regulators it will lay off 324 employees as it shuts down four rigs in the Gulf of Mexico.
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Shell’s midstream initial public offering took flight early Wednesday, gaining more than 40 percent shortly after trading started.
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Posted on October 28, 2014 at 10:58 pm by David Vaucher in
Crude oil,
Offshore,
People |
Standards sound great, but I see obstacles to their adoption. I’ll outline those this week, and, since no one likes people who complain about problems but never offer any solutions, I’ll share some thoughts on how to overcome these issues.
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Posted on October 24, 2014 at 8:47 am by FuelFix.com in
General,
Offshore,
Technology |
Finding the oil is just the beginning, especially in the depths of the sea.
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Posted on October 23, 2014 at 9:43 am by Collin Eaton in
Crude oil,
featured,
Gulf of Mexico,
Offshore
Chevron and BP report an oil discovery in one of the deepest regions the industry has taken on in the Gulf of Mexico.
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Posted on October 23, 2014 at 7:36 am by Collin Eaton in
Crude oil,
featured,
Offshore
The UK North Sea is an area that BP CEO Bob Dudley said last month “is now mature,” and that investment opportunities “are smaller and more challenging to develop than in the past.”
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Royal Dutch Shell today announced a discover off the coast of Gabon but says it will need to conduct further analysis to determine just go much gas is present.
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The next generation of tools designed to help energy companies process oil and gas deep under the oceans could follow uniform industry designs, FMC Technologies CEO John Gremp said.
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FMC Technologies on Tuesday posted a 46 percent boost to its third-quarter bottom line, largely because of a rise in subsea technology sales and its North American high-pressure fluid control business.
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Posted on October 16, 2014 at 3:50 pm by Jennifer A. Dlouhy in
Offshore,
Politics/Policy
A Houston oil and gas company must pay to settle government charges alleging it illegally dumped oil and chemicals into the Gulf of Mexico.
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