Baker Hughes’ weekly rig count report shows that the number of offshore rigs in the United States was on the upswing last week with three units added to the mix. The total number of rigs […]
Home Clean fuel DUH demands immediate halt to construction as work begins on Baltic Sea LNG terminal Deutsche Umwelthilfe e.V. (DUH), a non-profit environmental and consumer protection association, has filed an objection demanding an immediate […]
US shale explorers are well prepared to manage a potential credit crisis after piling up cash and paying down most of their debt, according to private equity firm Kimmeridge Energy Management Co. “I don’t think […]
Following the award of three contracts for the project announced earlier today, Azule Energy, a joint venture between BP and Eni, has selected another three companies for work at the Agogo field development project offshore […]
Home Fossil Energy First oil flows from Shell’s deepwater project in U.S. Gulf of Mexico UK-headquartered energy giant Shell has brought on stream a deepwater project in the U.S. Gulf of Mexico (GOM), which has […]
UK-headquartered energy services provider Expro is acquiring compatriot well construction cementing firm DeltaTek Global in order to broaden its offering, capabilities and technology portfolio. According to Expro’s Chief Technology Officer Steve Russell, the acquisition will expand […]
U.S. energy firms cut the number of natural gas rigs by the most in a week since October 2017, while adding the most oil rigs in a week since June, energy services firm Baker Hughes […]
Raymond James trims its 2023 U.S. rig count forecast to 750 from 813 on lower natural gas prices; lowers PT of some of the oilfield services companies. U.S. natural gas futures fell by 40% […]
Feb 3 (Reuters) – U.S. energy firms this week cut the number of oil and natural gas rigs by the most since June 2020, energy services firm Baker Hughes Co said in its closely followed […]
Home Fossil Energy Consortium lands deal for project at world’s largest offshore sour gas development UAE’s giant Abu Dhabi National Oil Company (ADNOC) has handed out a letter of award (LOA) to a consortium led […]
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